WASHINGTON (REUTERS) – The US economy likely contracted in the first quarter at its sharpest pace since the Great Recession as stringent measures to slow the spread of the coronavirus almost shut down the country, ending the longest expansion in
An Alberta man who manages a Taber, Alta. company that normally works in the oil fields is demonstrating how versatility is helping to keep his workers employed. It comes as Alberta’s oil and gas sector continues to face a dire outlook.
(Corrects year-to-date claims in paragraph 2) BRASILIA, April 28 (Reuters) – Formal unemployment insurance claims in Brazil rose 13.8% in the first two weeks of April to 267,693 from the last two weeks of March, Economy Ministry figures on Tuesday
WASHINGTON, April 24 (Reuters) – U.S. Trade Representative Robert Lighthizer on Friday said he has notified Congress that the new U.S.-Mexico-Canada trade agreement will enter into force on July 1, a month later than initially proposed. In a statement, Lighthizer
(Adds detail, quote, updates prices) By Jamie McGeever BRASILIA, April 24 (Reuters) – Brazil’s currency, stocks and bonds sank on Friday, lashed by a deepening political crisis as the resignation of the country’s popular justice minister prompted investors already nervous
All City of Kawartha Lakes municipal amenities and boat launches remain closed due to the ongoing coronavirus pandemic. But it may not be that way come May 12 — the same day the provincial state of emergency is slated to
ROME, April 23 (Reuters) – Italy’s Deputy Economy Minister Laura Castelli said on Thursday the country could not afford to wait until June for the approval of Europe’s joint recovery financing after the coronavirus pandemic. “Thinking of waiting until June
SYDNEY (REUTERS) – Australia may have lost three quarters of a million jobs between mid-March and early April when large chunks of the economy were shut down in the fight against the coronavirus, new data showed on Tuesday (April 21).
NEW YORK (NYTIMES) – Something bizarre happened in the oil markets on Monday (April 20): Prices fell so much that some traders paid buyers to take oil off their hands. The price of the main US oil bench mark fell
(Adds detail, quotes) By Jamie McGeever BRASILIA, April 20 (Reuters) – Brazil’s central bank president Roberto Campos Neto on Monday poured cold water on the prospect of widespread bond buying to help cushion the economy from the coronavirus crisis, saying