National Business

MILAN (AP) — One-third of Italians have reduced their consumption of extra virgin olive oil, a mainstay of the Mediterranean diet, due to skyrocketing prices , according to a survey released Friday.

MONTREAL — Cruises are surging back to popularity among Canadians this March break, as more travellers look to try a buoyant type of tourism they may have avoided since the COVID-19 pandemic.

OTTAWA — Canada's labour market is getting a helping hand from population growth as the economy added 41,000 jobs in February. Statistics Canada also reported on Friday that the unemployment rate ticked up to 5.8 per cent.

TORONTO — The CEOs of four of Canada's biggest banks received an average $11 million in compensation last year, despite most of them failing to meet performance targets.

HOUSTON (AP) — Passengers had to be evacuated from a United Airlines plane after it rolled off a runway and got stuck in the grass in Houston Friday morning.

TORONTO — When Grace Adeniyi-Ogunyankin went into labour with her second child early, she was in the middle of grading her students' work. “My closest friend was telling me to go to the hospital.

WASHINGTON (AP) — America’s employers delivered another healthy month of hiring in February, adding a surprising 275,000 jobs and again showcasing the U.S. economy’s resilience in the face of high interest rates.

TORONTO — The Canada Pension Plan Investment Board has committed to invest $2.9 billion as part of an investor group buying a telecommunications network in Italy from Telecom Italia S.p.A. Under the agreement, CPP Investments will acquire a 17.

OTTAWA — The national unemployment rate was 5.8 per cent in February. Statistics Canada also released seasonally adjusted, three-month moving average unemployment rates for major cities.

OTTAWA — Canada's national unemployment rate was 5.8 per cent in February. Here are the jobless rates last month by province (numbers from the previous month in brackets): _ Newfoundland and Labrador 10.2 per cent (10.2) _ Prince Edward Island 7.