Economy

China offers $325 bn in fiscal stimulus for ailing economy
China offers $325 bn in fiscal stimulus for ailing economy

China said Saturday it will make $325 billion in fiscal support available to its economy over the next three months, offering help to bolster banks, shore up the property market and free up consumption spending in Beijing's biggest aid programme since the global financial crisis.

Small Quebec company dominates one part of NHL hockey: jerseys
Small Quebec company dominates one part of NHL hockey: jerseys

As a sport that involves men colliding at high speeds, bare-knuckle brawls, and a fair number of players with missing front teeth, ice hockey is not commonly linked to high fashion. That depends partly on the individual player's amount of ice time, and partly on his style of play in a sport where fights can involve grabbing or even tearing an opponent's jersey.

Boeing to cut 10% of workforce as it sees big Q3 loss
Boeing to cut 10% of workforce as it sees big Q3 loss

Boeing announced Friday that it plans to cut 10 percent of its workforce as it projected a large third-quarter loss in the wake of a machinist strike in the Seattle region. Boeing said the strike contributed to $3 billion in pre-tax charges to its commercial aviation results in the third quarter, part of an anticipated loss of $9.97 per share.

Senegal set to announce breakaway development agenda: PM
Senegal set to announce breakaway development agenda: PM

Senegal's government will on Monday present plans to break away from foreign dependence and debt in favour of local resources and human capital, said Prime Minister Ousmane Sonko. Sonko described Senegal's economic situation as "catastrophic" at the end of September following a government review of public finances.