Business

Chinese telecoms gear giant Huawei said Monday its net profit fell 28 per cent in 2024 while its revenue surged, as the company invested heavily in advanced technologies.

The city of Venice confirmed Saturday it will host the wedding of multi-billionaire Jeff Bezos and fiancée Lauren Sanchez, denying reports the famous Italian city would be invaded by hundreds of celebrities and possible disruptions for citizens and tourists.

The prospect of 25 per cent tariffs by U.S. President Donald Trump on Canadian imports has caused headaches if not havoc throughout the commercial ecosystem, and the sports equipment industry is certainly no exception.

Primark Chief Executive Officer Paul Marchant has resigned following an investigation into his behavior toward a female employee, according to the fashion chain’s owner Associated British Foods Plc.

An Ontario judge rejected a Hudson’s Bay restructuring agreement Saturday evening, increasing the likelihood that lenders may seek to push the company into receivership.

U.S. President Donald Trump declared on Saturday that he “couldn’t care less” if automakers increase car prices for Americans in the wake of his imposition of import tariffs.

Transport Canada has announced an updated recall on Tesla Cybertrucks over exterior parts that may 'loosen and detach' from the vehicle, possibly increasing 'the risk of a crash.'

The Metals Company in Vancouver, Canada said late Thursday that it is seeking permission from the U.S. government to start deep-sea mining in international waters, potentially bypassing the International Seabed Authority, which has the power to authorize exploitation permits but has yet to do so.

CTVNews.ca asked readers to share their fondest memories of Hudson’s Bay. Here’s what they had to say.

Canadian travel to the United States has begun to drop as the North American trade war hits America's tourism industry.

U.S. President Donald Trump commuted the sentence of Ozy Media co-founder Carlos Watson, a White House official said Friday, just hours before Watson was due to report to prison for a nearly 10-year sentence in a financial conspiracy case.

Trevor Milton, the founder of electric vehicle start-up Nikola who was sentenced to prison last year for fraud, was pardoned by U.S. President Donald Trump, the White House confirmed Friday.

Elon Musk on Friday evening announced he has sold his social media company, X, to xAI, his artificial intelligence company, in a deal that values X at US$33 billion.

Hudson’s Bay says it has notified about 200 of its staff working in corporate roles that their employment will be terminated next week.

Gas prices jumped in Atlantic Canada roughly four cents a litre in Nova Scotia, New Brunswick and Newfoundland and Labrador, while Prince Edward Island saw a price increase of 6.9 cents per litre on Friday morning.