Monthly Archive: April 2018

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Canadian airline profits will fall in 2018 on higher costs: Conference Board

MONTREAL — The Conference Board of Canada says the growth of the country’s airline industry will slow in 2018 as profits are forecast to decrease from last year’s peak primarily because of higher fuel and labour prices. It says airline pre-tax profits should drop 27 per cent to $1.32 billion as increasing costs outpace higher […]

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Dashing to make a flight? Order food to your gate through a delivery app

TORONTO — P.J. Mastracchio is used to dashing through airports only to arrive at his gate and have a terrible feeling start to sink in: hunger pangs. The frequent business traveller’s routine rush often leaves him with no time to grab a bite. Now, he’s betting his experience is so common it will help get […]

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Cell phones, biometrics fuel jump in bank account ownership

NEW YORK — Roughly seven out of every 10 adults worldwide now have some form of a bank account, the World Bank said Thursday, largely due to the proliferation of cellphone-based bank accounts and other simple bank account programs in places like India and Sub-Saharan Africa. The finding is a sign of the improved financial […]