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The Canadian Media

The Canadian Media

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Finance/Business

Canada / Finance/Business

Canada inflation outlook leads Bank of Canada to hold its policy rate at 5 percent

March 6, 2024March 6, 2024 - by cmedia

Toronto/CMEDIA: Canada’s inflation outlook leads the Bank of Canada to hold its policy rate at 5 percent on Wednesday, The bank said in a note on its website. The Bank …

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Finance/Business

OpenAI CEO Sam Altman’s net worth reaches $2 billion, Bloomberg Billionaire Index says

March 3, 2024March 3, 2024 - by cmedia

#SamAltman, #OpenAI, #BloombergIndex, #SamAltmanNetWorth IBNS-CMEDIA: Sam Altman, the Founder and CEO of OpenAI, saw his net worth reach $2 billion according to the Bloomberg Billionaire Index. However, it’s noteworthy that despite his leadership …

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Finance/Business

Elephant House, Sri Lankan beverage brand partners with Reliance Consumer to enter Indian market

February 28, 2024February 28, 2024 - by cmedia

#RelianceRetail, #RelianceConsumer, #ElephantHouse, #BeverageMarket, #FMCG, #SriLanka Mumbai: The Sri Lankan beverage brand Elephant House has entered into a partnership with Reliance Consumer Products, the FMCG division of Reliance Retail Ventures, to produce, promote, distribute, and …

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Finance/Business

Sun Pharma to acquire 16.33 pc stake in US-based Surgimatix for US$ 3.05 million

February 20, 2024February 20, 2024 - by cmedia

#SunPharma, #Surgimatix IBNS-CMEDIA: Sun Pharma on Tuesday said that it has decided to acquire a 16.33% stake in the US-based Surgimatix for US$ 3.05 million. Subject to fulfilment of certain conditions …

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Finance/Business

US sportswear giant Nike plans to slash 1600 employees

February 16, 2024February 16, 2024 - by cmedia

#USSportswearGiant; #Nike, #JobCut, #Layoff IBNS-CMEDIA: US sportswear giant Nike is planning to slash 1,600 people, which comprises 2 percent of its workforce, media reports said. According to reports, the company is planning …

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Canada / Finance/Business

Ontario to ban tolls on all provincial highways

February 15, 2024February 16, 2024 - by cmedia

Toronto/CMEDIA: Ontario Transportation Minister Prabmeet Sarkaria reportedly made the announcement Thursday Ontario would ban tolls on all provincial highways, including the recently uploaded Don Valley Parkway and Gardiner Expressway in …

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Finance/Business

Cisco to lay off 5 percent of its global workforce

February 15, 2024February 15, 2024 - by cmedia

#CISCO, #Layoffs IBNS-CMEDIA: IT major Cisco on Wednesday announced its plan to lay off 5 percent of its global workforce. The company reportedly took the move as a part of widespread …

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Finance/Business

The Body Shop, Cosmetic chain in UK collapses into administration, puts over 2000 jobs at risk

February 14, 2024February 14, 2024 - by cmedia

#UK, #TheBodyShop, #Administration, #JobLoss, #UKLayoff, #BritainJobLoss; #CosmeticChain IBNS-CMEDIA: Cosmetic chain The Body Shop has collapsed into administration in the UK, leaving more than 2,200 jobs at risk. The chain collapsed just less than three months …

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Canada / Finance/Business / Politics

Endangered by the 49th Parallel: How political boundaries inhibit effective conservation

February 10, 2024February 10, 2024 - by cmedia

Canada is wasting scarce resources conserving species that are not endangered elsewhere, https://phys.org/news/2024-02 reported. Some Canadian scientists advocate for conservation efforts to focus on species unique to this country, while others argue …

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Finance/Business

Canada unemployment rate fell to 5.7 percent last month, first decline since Dec 2022

February 10, 2024February 10, 2024 - by cmedia

Canada job increase. Image credit: Unsplash/The Jopwell Collection Ottawa/CMEDIA: Canada experienced a larger-than-expected unemployment fall by 5.7 percent last month, Statistics Canada reports said. Statistics Canada’s labour force survey released …

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Asha Bajaj, Editor

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Canadian Media is a digital news publication covering both national and international developments on varied segments of society and public life such as Health, Politics, Business, Education, Environment, Entertainment, Biodiversity, Science & Research, First Nations, humanitarian crisis, gender issues, etc. It aims to present news in an objective and unbiased way. Our primary focus is Canada and India besides the world at large.  

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