Financing
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As cashless stores grow, so does the backlash
Cash-free stores are generating a backlash. When it comes to embracing cashless technology, Canada leads the pack (See the editor’s note below)
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Solar car startup Sono to build in Sweden, starting in 2020
Sono says it has taken 9,800 orders and the vehicle will sell for 25,500 euros (US$28,828)
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U.S. to allow lawsuits over properties seized by Castro’s Cuba
The move will harm prospective investment in Cuba, which already struggles to import basic food and other supplies
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German government halves 2019 growth forecast to 0.5%
Economy Minister expects the economy will pick up later this year, pointing to solid domestic demand and booming construction
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Multinational shuts Nova Scotia carpet plant, moves work to Georgia
Tarkett’s employees in Truro, N.S. and Waterloo, Ont., were told they will be laid off
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Head of Foxconn announces Taiwan presidential bid
Terry Gou will seek the Nationalist Party’s nomination for the 2020 presidential race
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Godiva moves beyond chocolate to open 2,000 cafes
The Belgium confectioner’s foray into prepared meals is marked by a plan to roll out 2,000 cafes over six years
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China’s economic growth steady amid tariff fight with U.S.
China is the biggest export customer for its Asian neighbours and a top market for autos and mobile phones
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Japan reports exports, trade surplus slid in March
The report followed recent trade talks with the U.S. aimed at redressing the chronic imbalance in Japan’s favour
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Canada Post forecasts continuing sector losses despite booming parcel deliveries
The Crown corporation will need to invest $3.6 billion to meet the growth of e-commerce shipping
