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Cyprus and Chevron reach a deal to develop an offshore natural gas field, ending years of delays

NICOSIA, Cyprus (AP) — The Cyprus government and U.S. energy company Chevron have reached a deal on how to develop the Aphrodite gas field, the first to be discovered under the seafloor off Cyprus, an official Friday.

Dec 1, 2023 7:37 AM Read more >

Here's a quick glance at unemployment rates for November, by Canadian city

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

Dec 1, 2023 7:36 AM Read more >

Here's a quick glance at unemployment rates for November, by province

OTTAWA — Canada's national unemployment rate was 5.8 per cent in November. Here are the jobless rates last month by province (numbers from the previous month in brackets): _ Newfoundland and Labrador 10.0 per cent (10.0) _ Prince Edward Island 8.

Dec 1, 2023 7:36 AM Read more >

National employment numbers for November from Statistics Canada, at a glance

OTTAWA — A quick look at Canada's November employment (numbers from the previous month in brackets): Unemployment rate: 5.8 per cent (5.7) Employment rate: 61.8 per cent (61.9) Participation rate: 65.6 per cent (65.

Dec 1, 2023 7:35 AM Read more >

Ontario real estate law update with open bidding option enters into force

TORONTO — New rules for Ontario real estate are coming into force that are meant to provide more clarity and choice for buyers and sellers, though they don't go as far as some had hoped.

Dec 1, 2023 2:00 AM Read more >

Shipper costs to rise as regulator approves preliminary interim Trans Mountain tolls

CALGARY — The Canada Energy Regulator has approved preliminary interim tolls that would see oil companies pay nearly twice as much to ship crude on the expanded Trans Mountain pipeline as what was estimated in 2017.

Nov 30, 2023 5:48 PM Read more >

Federal judge blocks Montana's first-in-the-nation ban on TikTok, says it's unconstitutional

HELENA, Mont. (AP) — Montana's first-in-the-nation law banning the video-sharing app TikTok in the state has been blocked while a legal challenge to the law moves through the courts, a federal judge ruled Thursday. U.S.

Nov 30, 2023 5:25 PM Read more >

Some OPEC+ members will cut the oil that they send to the world to try to boost prices

LONDON (AP) — The OPEC oil cartel led by Saudi Arabia and allied producers including Russia made another big swipe at propping up lagging crude prices Thursday, expanding some output cuts into next year and bringing up-and-coming oil supplier Brazil

Nov 30, 2023 4:52 PM Read more >

Applications for jobless benefits up modestly, but continuing claims reach highest level in 2 years

Slightly more Americans filed for jobless claims last week, but the overall number of people in the U.S. collecting unemployment benefits rose to its highest level in two years.

Nov 30, 2023 4:05 PM Read more >

Spectrum auction wraps, bringing more than $2.1 billion

OTTAWA — The federal government has announced the results of its latest spectrum auction offering telecommunications companies the chance to purchase chunks of mid-band wireless spectrum touted for being able to carry a lot of data over long distance

Nov 30, 2023 3:22 PM Read more >