Business

By The Globe and Mail

Huawei
Google suspends some business with Huawei after Trump blacklist
The Globe and Mail - Angela Moon
Alphabet Inc.’s Google has suspended business with Huawei that requires the transfer of hardware, software and technical services except those publicly available through open source licensing, a source
Canada
Interprovincial trade barriers are choking Canada’s burgeoning wine, beer and spirits industry: it’s time for ministers act
The Globe and Mail - Andrea Stairs
Andrea Stairs is the general manager of eBay Canada & Latin America; Jan De Silva is president and CEO of the Toronto Region Board of Trade and chair of the Canadian Global Cities Council. Canada is home
Women's News
Women deserve fair workplaces
The Globe and Mail - Hassan Yussuff
It was disheartening to see some of the negative reactions to a recent proposal that free menstrual products should be available in all federally regulated workplaces. There clearly remain a lot of misperceptions
Air Canada
Air Canada’s takeover of Transat would sharply reduce competition on key overseas routes
The Globe and Mail - Kevin Bryan, Ambarish Chandra and Mara Lederman
Kevin Bryan is an assistant professor of strategic management at the University of Toronto’s Rotman School of Management, Ambarish Chandra is an associate professor of economics at the University of Toronto
How genetics can influence your mental fitness
The Globe and Mail - Bill Howatt
Why are your eyes the colour they are? Eye colour is determined by a variation of genetics passed on from our family tree. Do you think your mental health is influenced by your genetics as well? Based
Canadian News
Environmentalists say Alberta $30-million ‘war room’ threat won’t distract them
The Globe and Mail - Bob Weber
Environmental groups targeted by Alberta Premier Jason Kenney are shrugging off the new government’s promised $30-million “war room” to fight criticisms of the province’s energy industry. “The war room
OPEC
Saudi energy minister recommends 'gently’ driving down oil inventories, says supply plentiful
The Globe and Mail - Vladimir Soldatkin
Saudi Arabia’s Energy Minister Khalid al-Falih said on Sunday he recommended “gently” driving oil inventories down at a time of plentiful global supplies and that OPEC would not make hasty decisions about
Marine Le Pen
A win in EU elections next week by Marine Le Pen’s far-right party in France would hurt euro, economy minister says
The Globe and Mail - Bate Felix
A win by Marine Le Pen’s far-right Rassemblement National party in next week’s European parliament elections could hurt the euro and damage the French economy and industries, Economy Minister Bruno Le
Boeing 737 MAX
Boeing corrects simulator software for 737 MAX jets
The Globe and Mail - Reuters
Boeing Co has made corrections to simulator software that mimics the flying experience of its 737 MAX jets, which were involved in two fatal crashes, and the company has provided additional information
China
The U.S., China and the proxy war for tech supremacy
The Globe and Mail - Barrie McKenna
Winning a trade war was supposed to be easy, or so U.S. President Donald Trump assured everyone. The breakdown of trade talks between the United States and China suggests this war is just getting started.
Profit
CAE reports fourth-quarter profit and share price up from year ago
The Globe and Mail - The Canadian Press
Flight training company CAE Inc. topped expectations as it reported higher fourth-quarter profit and revenue compared with a year ago. The Montreal-based company says it earned $122.3-million attributable
Air Transat
Air Canada’s $520-million bid for Transat unlikely to harm travellers, observers say
The Globe and Mail - Dan Healing
Consumers will likely see little change in their travel choices or ticket prices if Air Canada buys Transat AT Inc., industry observers said Friday. They added it’s unlikely another bidder will upset proposed
Gold
Australia’s St Barbara acquires Atlantic Gold, owner of Moose River mines
The Globe and Mail - The Canadian Press
A large, open-pit gold operation located in the historic Nova Scotia mining district of Moose River has been sold to an Australian firm. A news release issued earlier this week says St Barbara mining acquired
Fake News
Google, Facebook, Twitter still falling short in combatting fake news: EU
The Globe and Mail - Reuters
Facebook, Google and Twitter were reprimanded by the European Commission on Friday for not doing enough to tackle fake news plaguing the election campaign to the European Parliament, seven months after
Saskatchewan
IIROC gains ability to enforce fines in Saskatchewan through the courts
The Globe and Mail - The Canadian Press
The Saskatchewan government has passed legislation that gives the Investment Industry Regulatory Organization of Canada the ability enforce its fines through the courts. The legislation also clarifies
Investing
BP investors push for action on climate change
The Globe and Mail - Simon Jessop
BP PLC will face pressure at a meeting next week to set tougher targets to combat climate change, the latest signal from investors that they want the oil and gas industry to do more to clean up its act.
East Africa
Tanzanian mine operated by Barrick’s Acacia to be issued environmental protection order
The Globe and Mail - Reuters
Acacia Mining PLC said on Friday its North Mara Gold Mine would be issued an environmental protection order (EPO) relating to alleged historical breaches of regulations in Tanzania. Acacia, majority-owned
Business
Deere cuts profit outlook amid mounting U.S.-China trade war
The Globe and Mail - Ankit Ajmera
Deere & Co. on Friday missed quarterly profit estimates for the fifth-straight quarter and cut its full-year outlook, as an escalating U.S.-China trade war threatens to further hit farm incomes and demand
Opinion (Canada)
Saskatchewan’s highest court ruled in favour of carbon pricing – and it wasn’t really close
The Globe and Mail - Stewart Elgie, Nathalie Chalifour
Stewart Elgie and Nathalie Chalifour are professors at the University of Ottawa, Faculty of Common Law, who have published many articles on constitutional law and the environment. They were co-counsel
Food Bank
Edward Kholodenko and Questrade providing meals to families in need
The Globe and Mail - Paul Waldie
For years, Edward Kholodenko did something unusual on his way home from work every Thursday evening. The chief executive of Questrade Inc. would pick up boxes of meals from a food bank near his home in
Canada
Canadian dollar recovers from three-week low on reported steel and aluminum tariff deal
The Globe and Mail - Reuters
The Canadian dollar edged higher against its U.S. counterpart on Friday, recovering from an earlier three-week low after reports that a deal was reached to remove tariffs on its metals that had been imposed
Starbucks
Luckin Coffee, China’s aspiring Starbucks rival, serves up a hot U.S. IPO
The Globe and Mail - Reuters
Shares of China’s Luckin Coffee Inc surged 47 per cent in their market debut on Friday, indicating strong investor demand for the self-declared challenger to Starbucks Corp in the Asian country. The stock
SNC-Lavalin
SNC’s Highway 407 sale hits snag as partners fight over stake
The Globe and Mail - Nicolas Van Praet
SNC-Lavalin Group Inc.’s planned sale of a minority stake in Ontario’s Highway 407 has hit a snag as the toll road’s current shareholders fight for the right to buy the engineering firm’s 10-per-cent The
Conrad Black
Conrad Black says pardon by Donald Trump is vindication as his prosecutor laments ‘sad chapter’ in justice
The Globe and Mail - Joe Castaldo
Conrad Black says he has been vindicated after receiving a pardon from Donald Trump, but the man who prosecuted him says the pardon marks “another sad chapter in the demise of justice in the United States
Pinterest
Pinterest shares tumble as forecast casts doubt on short-term profitability
The Globe and Mail - Reuters
Pinterest Inc’s shares slumped as much as 17 per cent on Friday after the online scrapbook company’s disappointing annual forecast shook investors’ faith in its ability to turn in a profit soon. The fall
Brookfield Asset Management
Brookfield CEO wants Oaktree veteran Howard Marks to ‘keep doing what he does’
The Globe and Mail - Hideyuki Sano
Brookfield Asset Management’s chief executive wants Howard Marks, the veteran distressed debt guru and co-founder of Oaktree Capital, to continue his investment work, including his letters to clients,
Deliveroo
Amazon takes stake in Deliveroo as it challenges Uber in food delivery
The Globe and Mail - Kate Holton
Amazon has taken a stake in British online food delivery company Deliveroo, leading a $575 million fundraising to pit itself against Uber Eats in the global race to dominate the market for take-away meals.
Nissan
Nissan retains Saikawa as CEO, in likely rebuff of Renault
The Globe and Mail - Maki Shiraki, Naomi Tajitsu
Nissan Motor Co said on Friday that Hiroto Saikawa would stay on as chief executive, backing the protege of former boss Carlos Ghosn even as top shareholder Renault had earlier pushed for a change in Japanese
Bank of Canada
Possibility of recession, spike in risky borrowing threaten Canada’s financial system
The Globe and Mail - Barrie McKenna
The rising probability of a recession and a spike in riskier borrowing by Canadian companies are among the growing threats to the country’s financial system, the Bank of Canada says. Risks to the system