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Manufacturing
Exco Technologies hit by cybersecurity incident at three factories
TORONTO — Exco Technologies Ltd. says three of its factories have been hit by what it is calling a cybersecurity incident.
The…
Wholesale sales up 0.5 per cent in November at $83.8 billion
OTTAWA — Statistics Canada says wholesale sales rose 0.5 per cent month over month in November to $83.8 billion.
The agency…
China’s economic growth falls to 3 per cent
BEIJING (AP) — China's economic growth fell to its second-lowest level in at least four decades last year under pressure from…
Canada’s annual inflation rate slowed in December
OTTAWA — Canada's annual inflation rate slowed to 6.3 per cent in December as the cost of groceries remained high and gas prices…
Manufacturing sales flat at $72.3 billion in November
OTTAWA — Statistics Canada says manufacturing sales were flat at $72.3 billion in November.
The result came as sales in the…
More businesses expect sales to slip as high inflation, rates weigh on spending: BoC
OTTAWA — The Bank of Canada says more businesses than usual expect their sales to decline as most firms and consumers expect a…
Taiwan chipmaker TSMC says quarterly profit up 78 per cent
TAIPEI, Taiwan (AP) — Taiwan Semiconductor Manufacturing Co., the biggest contract manufacturer of processor chips for smartphones…
China’s trade surplus swells to $877.6 billion as exports grow
BEIJING (AP) — China's trade surplus swelled to a record $877.6 billion last year as exports rose despite weakening US and…
Why are there so many cyberattacks lately?
TORONTO — A wave of high-profile cyberattacks has recently hit hospitals, businesses and organizations in Ontario, including the…
Canada cheers trade win as Trudeau wraps Mexico visit
MEXICO CITY — Canada and Mexico basked Wednesday in the glow of a major trade win over the United States as Prime Minister Justin…
China economy recovering but hampered by virus outbreaks
BEIJING (AP) — Wang Jian is anxious to get back to work teaching basketball to children now that China has lifted anti-COVID-19…
Global economy is at risk of recession: World Bank
WASHINGTON (AP) — The global economy will come "perilously close" to a recession this year, led by weaker growth in all the…