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The Canadian Media

The Canadian Media

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Finance/Business

Finance/Business

American department store chain Macy’s to slash 2,350 jobs

January 19, 2024January 19, 2024 - by cmedia

#Macys, #America, #JobCut, #Layoffs IBNS-CMEDIA: US department store chain Macy’s is laying off around 3.5 percent of its workforce and even planning to shut down five of its stores. The 3.5 percent is …

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Finance/Business / World

World’s five richest men more than doubled their fortunes from $405 Bi to $869 Bi since 2020: Oxfam report claims

January 15, 2024January 15, 2024 - by cmedia

#Oxfam, #OxfamReport, #Global, #GlobalRich, #Amazon, #JeffBezos, #Poverty IBNS: The world’s five richest men have more than doubled their fortunes from $405 billion to $869 billion since 2020 —at a rate of $14 million per hour— while …

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Finance/Business / World

Global economic prospects remain subdued, uncertain amid ongoing geopolitical rifts, AI advancement: World Economic Forum Reports

January 15, 2024January 15, 2024 - by cmedia

#GlobalEconomy, #Economy, #WorldEconomicForum, #AI, #Wars IBNS: Global economic prospects remain subdued and fraught with uncertainty, according to the latest Chief Economists Outlook released today, as the global economy continues to grapple with headwinds from …

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Finance/Business

Infosys founder Narayana Murthy’s job application at Wipro was once turned down by Azim Premji: Report

January 14, 2024January 14, 2024 - by cmedia

#Infosys, #NarayanMurthy, #AzimPremji, #Wipro, #SudhaMurthy IBNS: Infosys founder NR Narayana Murthy was rejected when he sought employment at Wipro, he revealed in a recent CNBC-TV18 interview. This turned out to be a pivotal moment …

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Finance/Business

United States has asked India to ensure laptop import policy does not restrict trade

January 12, 2024January 12, 2024 - by cmedia

#UnitedStates, #India, #PiyushGoyal, #LaptopImportRestriction, #KaterineTai New Delhi/IBNS: United States Trade Representative Ambassador Katherine Tai has called upon India to ensure that the existing end-to-end online system and associated policies governing the import of laptops do …

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Canada/US / Finance/Business

Ontario’s Trade Mission to US concludes with successful launch of Going Global Initiative

January 12, 2024January 12, 2024 - by cmedia

Toronto/CMEDIA: The Ontario government successfully concluded another successful trade mission to the United States by launching Going Global Initiative, a strategic partnership between the Ontario Vehicle Innovation Network (OVIN) and …

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Finance/Business / World

Global unemployment to increase in 2024, ILO report suggests

January 11, 2024January 11, 2024 - by cmedia

#GlobalUnemployment, #Unemployment, #ILO Global unemployment is expected to rise this year, with growing inequality and stagnant productivity also a cause for concern on the economic horizon, the UN labour agency ILO said …

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Finance/Business

As India surges ahead in digital payments, US plays catch-up

January 8, 2024January 8, 2024 - by cmedia

By Isabelle Manders, Dawn Sawyer, Julianna Russ, Khushi Malhotra, Supriyo Hazra and Ayush Gupta #IndiaDigitalPayments, #UPI, #IndiaFintech, #USAFintech, #USA, #CashVsDigitalPayments IBNS: Gene Bradford opens up his shop, West Main Auto Repair, each morning at 8 …

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Finance/Business

Toronto city’s budget chief warns of substantial hike in city’s property tax

January 7, 2024January 8, 2024 - by cmedia

Toronto Property Tax increase. Image credit: Unsplash Toronto/CMEDIA: Toronto’s budget chief Coun. Shelley Carroll, appointed by Mayor Olivia Chow last year, warns of a substantial property tax increase with the city …

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Finance/Business / India

India’s forex reserves spike by $9bn last week: Reports

December 26, 2023December 26, 2023 - by cmedia

#India, #IndiaForexReserves IBNS: India’s foreign exchange reserve has spiked by $9.112 billion to $615.971 billion in the week ending December 15, 2023, media reports said. This increase is one of the …

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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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