BMW and Daimler invest €1bn in new car venture
BMW and Daimler have unveiled a joint venture covering new-generation services such as driverless vehicles, ride-hailing, and pay-per-use cars.
BMW and Daimler have unveiled a joint venture covering new-generation services such as driverless vehicles, ride-hailing, and pay-per-use cars.
Kraft Heinz disclosed an investigation by federal regulators and said it will slash the value of its Oscar Mayer and Kraft brands by $15.4 billion, major setbacks for a company trying to revitalize its stable of household-name brands.
SNC-Lavalin Group Inc. slashed its dividend by 65 per cent Friday as it reported a fourth-quarter loss of $1.6 billion.
Royal Bank of Canada raised its dividend as it reported quarterly net income of $3.17 billion, up five per cent from a year ago, matching street expectations as market volatility during the period weighed on its earnings.
WestJet has lost an appeal of a court decision that refused to throw out a proposed class-action lawsuit accusing the airline of fostering a culture that tolerates harassment of female employees.
Freshii Inc. says it will soon sell its prepared food offerings in some Walmart Canada locations in Ontario its first partnership with a major grocer.
Hudson’s Bay Co. is shuttering its Home Outfitters business and eyeing the closures of 20 of its Saks Off Fifth locations, in a bid to increase profitability.
Shares in estate agents Purplebricks plunged after it slashed its sales forecast and announced the departure of two senior executives.
Samsung’s new folding phone is definitely different – but it’s also almost $2,000.
British competition authorities say they have significant concerns about the proposed merger between Sainsbury’s and Asda in a preliminary report that that cast doubt on the future of the deal.