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National Business

Nova Scotia to launch allowance for people living in shelters, transition houses

HALIFAX — Nova Scotians living in homeless shelters and transition houses will begin receiving a monthly allowance in October.
Sales jump for book by former US ambassador to Russia

Sales jump for book by former US ambassador to Russia

NEW YORK — A memoir by the former U.S. ambassador whom Russian officials have said they want to interview is in the top 10 on Amazon.com. Michael McFaul's "From Cold War to Hot Peace: An American Ambassador in Putin's Russia" was No.
Comcast drops Fox bid, paving way for sale to Disney

Comcast drops Fox bid, paving way for sale to Disney

NEW YORK — Comcast is dropping its bid for Fox's entertainment businesses, paving the way for Disney to boost its upcoming streaming service by buying the studios behind "The Simpsons" and X-Men.
Rogers CEO sees new Ignite TV service as part of a 'connected home' revolution

Rogers CEO sees new Ignite TV service as part of a 'connected home' revolution

TORONTO — Rogers Communications Inc. expects to ramp up marketing for its new Ignite TV service through the second half of this year as its "connected home" strategy builds momentum, chief executive Joe Natale said Thursday.

Belgium airspace closed for 2 hours over technical glitch

BRUSSELS — Belgium's airspace was closed off for landings and departures for about two hours on Thursday afternoon because of a technical glitch in the data system of the air safety control centre .
De Beers Canada signs deal for Peregrine Diamonds Ltd. for $107 million

De Beers Canada signs deal for Peregrine Diamonds Ltd. for $107 million

VANCOUVER — De Beers Canada Inc. has signed a deal to acquire Peregrine Diamonds Ltd. in a offer valued at $107 million.

CNN chief Jeff Zucker undergoing heart surgery

NEW YORK — CNN's top executive, Jeff Zucker, is undergoing heart surgery and will take a six-week leave of absence from running the news network. CNN said Zucker made the announcement to his staff Thursday following a morning editorial meeting.
CMHC looks to make it easier for self-employed to obtain a mortgage

CMHC looks to make it easier for self-employed to obtain a mortgage

OTTAWA — Canada Mortgage and Housing Corp. is making changes intended to make it easier for the self-employed to qualify for a mortgage.

Hydrogen sulfide leak at Suncor refinery sends workers to hospital

EDMONTON — A number of people at Suncor's refinery in Edmonton were sent to hospital after a toxic gas was released. Suncor spokeswoman Erin Rees says company crews responded to a release of hydrogen sulphide at around noon on Wednesday.
Didi, SoftBank set up taxi-hailing joint venture in Japan

Didi, SoftBank set up taxi-hailing joint venture in Japan

TOKYO — Chinese mobile service giant Didi Chuxing and Tokyo-based SoftBank Corp. have set up a joint venture for taxi-hailing in Japan.