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Development bank fires director after ethics probe

Development bank fires director after ethics probe

MIAMI (AP) — Governors of the Inter-American Development Bank have voted to fire its president, Mauricio Claver-Carone, after an ethics investigation found he carried on a relationship with a subordinate, a person familiar with the vote told The Asso
Office safety concerns grow as border restrictions ease, possible COVID-19 wave looms

Office safety concerns grow as border restrictions ease, possible COVID-19 wave looms

Some Canadian workers are raising concerns about a full return to office and work travel as Ottawa lifts all remaining border restrictions and experts warn of a potentially large wave of new COVID-19 cases this fall.
OECD: War in Ukraine to drag on global economy into 2023

OECD: War in Ukraine to drag on global economy into 2023

PARIS (AP) — Russia's war in Ukraine and the lingering effects of the COVID-19 pandemic are dragging down global economic growth more than expected and driving up inflation that will stay high into next year, the Organization for Economic Cooperation
Scotiabank's new CEO choice 'anomalous but clever': governance expert

Scotiabank's new CEO choice 'anomalous but clever': governance expert

TORONTO — As Scotiabank prepares for a leadership change, one governance expert calls its move to appoint a relative outsider to its top job "anomalous but clever.
Denmark reports leak in gas pipeline in Baltic Sea

Denmark reports leak in gas pipeline in Baltic Sea

BERLIN (AP) — Denmark's maritime authority said Monday that a gas leak had been observed in a pipeline leading from Russia to Europe underneath the Baltic Sea and that there is a danger to ship traffic.
British pound plunges to new low as tax cuts spark concern

British pound plunges to new low as tax cuts spark concern

LONDON (AP) — The British pound fell to all-time low against the U.S.
Global Citizen Festival generates $2.4 billion in pledges

Global Citizen Festival generates $2.4 billion in pledges

NEW YORK (AP) — The 10th anniversary of the Global Citizen Festival, which included performances from Metallica, Mariah Carey and Usher, generated more than $2.4 billion in commitments to fight extreme poverty and disease.
Matty Bovan energizes Milan fashion, Armani offers elegance

Matty Bovan energizes Milan fashion, Armani offers elegance

MILAN (AP) — Milan Fashion Week closed Sunday after five days of mostly womenswear previews that celebrated diversity and renewal, with more designers of color represented than ever and a host of new talent making their debuts at major fashion houses
Industry minister to represent Canada at former Japanese PM's funeral

Industry minister to represent Canada at former Japanese PM's funeral

OTTAWA — Federal Industry Minister Francois-Philippe Champagne will represent Canada at former Japanese prime minister Shinzo Abe's state funeral this week.
To rent or buy? What's in store for the clothing rental industry in Canada

To rent or buy? What's in store for the clothing rental industry in Canada

TORONTO — A few weeks ago, Carly Soares needed a dress for a wedding and fast. "I tried going shopping at the mall, but noticed there was a scarce collection of formal dresses," the 30-year-old said. "It was actually very surprising.
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