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Shell says it will stop buying Russian oil, natural gas

Shell says it will stop buying Russian oil, natural gas

LONDON (AP) — Shell said Tuesday that it will stop buying Russian oil after Ukrainian officials criticized the energy giant for buying a shipment of crude from Moscow and demanded that all multinational companies sever ties with Russia over the war .

Transcontinental Q1 profits slumps to $18.4M due to Omicron operational disruptions

MONTREAL — Transcontinental Inc. says its net profit attributable to shareholders dropped by one-third in its latest quarter despite higher revenues as a COVID-19 variant disrupted operations.
Air Transat and Porter Airlines sign code-share deal amid stiffening competition

Air Transat and Porter Airlines sign code-share deal amid stiffening competition

MONTREAL — After a gruelling two years, Air Transat and Porter Airlines have signed a code-sharing agreement they hope will draw customers to a wider range of connecting flights in Canada and abroad.
Statistics Canada says country posted merchandise trade surplus for January

Statistics Canada says country posted merchandise trade surplus for January

OTTAWA — Canada posted a merchandise trade surplus in January compared with a deficit in December as imports fell to start the year. Statistics Canada said Tuesday the country saw a merchandise trade surplus of $2.
Surging wheat prices amid Russian invasion of Ukraine could worsen food inflation

Surging wheat prices amid Russian invasion of Ukraine could worsen food inflation

The Russian invasion of Ukraine is driving up global wheat prices as the conflict curbs exports of the crop, triggering shortages and setting the stage for worsening food inflation in Canada.
Average price for a gallon of gas in US hits a record $4.17

Average price for a gallon of gas in US hits a record $4.17

The average price for a gallon of gasoline in the U.S. hit a record $4.17 Tuesday as the country prepares to ban Russian oil imports.
Women still aren't being promoted, even as entry-level hiring approaches parity

Women still aren't being promoted, even as entry-level hiring approaches parity

TORONTO — Ten years into her banking career, Karlyn Percil-Mercieca realized she had taken on extra responsibilities over the years and decided to push for more, when a promotion came up. "All of a sudden, I wasn't qualified anymore.
Asian shares extend losses as oil prices push higher

Asian shares extend losses as oil prices push higher

TOKYO (AP) — Shares fell in Asia on Tuesday after Wall Street logged its biggest drop in more than a year as markets were jolted by another surge in oil prices.
Minneapolis teachers set to strike; St. Paul works out deal

Minneapolis teachers set to strike; St. Paul works out deal

ST. PAUL, Minn. (AP) — Teachers in the Minneapolis School District said they would go on strike Tuesday after failing to reach agreement on a new contract, a move that will idle some 29,000 students in one of Minnesota's largest school districts.
Biden executive order on cryptocurrency expected this week

Biden executive order on cryptocurrency expected this week

WASHINGTON (AP) — President Joe Biden is expected to sign an executive order on cryptocurrency this week that will mark the first step toward regulating how digital currency is traded.