News/Business (Page 16)

Business Wouldn’t it be great if your phone could just magically tell you whether the products you want to buy are Canadian or not? Well, now it can — thanks to savvy entrepreneurs across the country who’ve created apps to meant to help shoppers identify the origin of everyday staples.Continue Reading

Business Can Birkenstock sandals be considered art? That’s what Germany’s Federal Court of Justice had to decide on Thursday, and it ruled they’re just comfy footwear. Footwear brand argued its sandals are works of art in lawsuit against three competitorsThe Associated Press · Posted: Feb 20, 2025 8:50 AM ESTContinue Reading

Business Apple announced Wednesday it’s replacing their entry-level iPhone SE with a new pricier model. Experts say the price uptick will put iPhones, which are already more expensive than other brands, simply out of reach of budget conscious shoppers.   In Canada, cheapest new iPhone will cost $320 more than the old one James DunneContinue Reading

Business GameStop Corp. is looking to sell its Canadian and French operations as it evaluates its international assets, the video game retailer said in a Tuesday news release. CEO said last year company would focus on cutting costs and long-term profitabilityThe Canadian Press · Posted: Feb 19, 2025 8:51 AM ESTContinue Reading

Business Coca Cola is introducing a line of prebiotic sodas, marking the legacy company’s first foray into the “functional” soft drink market led by upstarts Olipop and Poppi — and further tightening competition as more Canadian brands launch their versions of the fizzy drinks. Canadian brands out of Toronto, Montreal and Halifax also brewing ‘functional’ sodas JennaContinue Reading

Business Brazil’s government on Tuesday approved joining OPEC+, a group of major oil-exporting nations, signalling the country’s evolution into a major oil state just nine months ahead of hosting the United Nations’ annual climate summit. ‘We should not be ashamed of being oil producers,’ said Brazilian energy ministerThe Associated PressContinue Reading

Business Canada’s consumer price index rose to 1.9 per cent in January, as higher energy prices weighing on overall inflation were partly offset by the federal government’s tax holiday, Statistics Canada said on Tuesday. First full month in which GST break was in effect, distorting prices Jenna Benchetrit · CBC News ·Continue Reading

Business DeepSeek, a Chinese artificial intelligence startup, has temporarily paused downloads of its chatbot apps in South Korea while it works with local authorities to address privacy concerns, South Korean officials said Monday. Company has agreed to work with privacy commissioner to strengthen protectionsThe Associated Press · Posted: Feb 17,Continue Reading

Business·Analysis No one knows what Donald Trump really wants. But he’s already seeing results he’ll be happy with as Canadian businesses consider moving investment out of Canada and focusing on the U.S. Business investment was already weak. Now it’s getting even weaker Peter Armstrong · CBC News · Posted: FebContinue Reading