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Business Dec 19, 2019

Automakers to pay estimated $3 billion in new U.S. tariffs under USMCA

U.S. President Donald Trump's rewrite of North American trade rules will cost automakers nearly $3 billion more in tariffs over the next decade for cars and parts that will not meet higher regional content requirements over the next decade, the Congressional Budget Office (CBO) ...

Canada's biggest rail strike in a decade ends with deal between CN and union

Business Nov 27, 2019

Canada's biggest rail strike in a decade ends with deal between CN and union

Canada's longest railroad strike in a decade ended on Tuesday as Canadian National Railway Co., the country's biggest railroad, reached a tentative agreement with workers that would help restore grain exports and transportation of chemicals and heating fuel. Shippers celebrated the end of the eight-day ...

Strike at Canada's largest railway hits exports, ripples further through economy

Business / Economy Nov 26, 2019

Strike at Canada's largest railway hits exports, ripples further through economy

A prolonged strike at Canadian National Railway Co., the country's largest railroad, sent further shocks through the economy on Monday with grain shipments scuttled and layoffs planned at fertilizer producers and an auto shipment terminal. As Canada's biggest rail strike in a decade entered its ...

Propane shortage looms as strike at Canada's biggest railroad enters third day

Business Nov 22, 2019

Propane shortage looms as strike at Canada's biggest railroad enters third day

Shippers scrambled to shift freight onto trucks on Thursday as a strike at Canada's biggest railroad, Canadian National Railway Co., entered its third day and left the critical fuel propane and other goods stranded. Some 3,200 unionized employees, including conductors and yard workers, hit picket ...

Talks continue to end strike at Canada's biggest railway as factories slow output

Business / Economy Nov 21, 2019

Talks continue to end strike at Canada's biggest railway as factories slow output

Talks to end a strike by thousands of workers at Canada's biggest railroad, Canadian National Railway Co., continued on Wednesday, as industrial plants slowed output of products cut off from their markets. About 3,000 unionized workers, including conductors and yardmen, hit picket lines on Tuesday ...

Canada's largest railroad hit by strike, putting Trudeau in hot seat

Business / Economy Nov 20, 2019

Canada's largest railroad hit by strike, putting Trudeau in hot seat

Thousands of workers at Canada's largest railway went on strike for the first time in a decade on Tuesday, disrupting the shipping of commodities and sparking calls for Prime Minister Justin Trudeau's Liberal government to intervene. About 3,000 unionized workers, including conductors and yardmen from ...

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  • Upping the ante: Key takeaways from China’s major drills around Taiwan
    A Chinese military helicopter takes part in exercises in the waters around Taiwan on Monday.
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    Japan’s plant-based meat industry is expected to see phenomenal growth over the next few years.
  • What's behind the key appointments in Kishida’s new ‘unity Cabinet’

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