The US government has decided to impose import tariffs of 25 percent on steel and 10 percent on aluminum from Europe, Mexico and Canada. Other countries, including Japan, Washington’s closest ally in Asia, are already subject to the tariffs. Why?…
Canadian PotashCorp is looking for a buyer of its shares in Arab Potash Company (APC), which it is forced to sell as part of a merger agreement, said the company’s President and CEO Brent Heimann. Last year, Potash Corp and…
What’s happened? Internet retail giant Amazon has just agreed to buy high-end grocer Whole Foods for $13.7 billion. What’s the motivation behind the deal? Even though it built its name in e-commerce, Amazon has recently been experimenting with brick-and-mortar stores,…
International contributors to a $53 million aid program designed to maintain public services in communities hosting Syrian refugees around the Kingdom say they’re pleased with its results a year since its launch. “We’re very happy that the project is actually…
Becoming a Canadian citizen just got much tougher. What is it? Canadian lawmakers recently passed Bill C-24, or the Strengthening Canadian Citizenship Act. The controversial piece of legislation is designed to harden the rules around becoming a fully-fledged Canadian. For…