business news

Business travel for Indonesians to Australia will be made easier in a deal between national leaders

Posted on July 4, 2023

CANBERRA, Australia (AP) — Business travel for Indonesians to Australia will be made easier in a bid to boost the…CANBERRA, Australia (AP) — Business travel for Indonesians to Australia will be made easier in a bid to boost the economic partnership between the two countries following a deal struck on Tuesday between their leaders. Australian Prime Minister Anthony Albanese and Indonesian President Joko Widodo agreed on visa changes, climate initiative funding and education partnerships during talks at Sydney’s Taronga Zoo. Albanese announced that Indonesians will be able to access extended business visas for Australia, increasing from three to five…

WestJet to wind down Swoop, integrate into main operation – Business News

Posted on June 16, 2023

WestJet to absorb Swoop The Canadian Press – Jun 9, 2023 / 11:37 am | Stories: 431105Photo: The Canadian Press A passenger boards a WestJet Encore Bombardier Q400 twin-engined turboprop aircraft in Kamloops, Saturday, June 3, 2023. WestJet and Swoop pilots ratified their collective agreement after a bargaining process that saw the threat of a strike snarl many Canadians’ long weekend plans. THE CANADIAN PRESS/Jeff McIntoshWestJet says it will wind down its Swoop brand by late October as it integrates the budget carrier’s operations into its main banner. The move comes after ratification of a new collective agreement…

Canada’s economy grew by more than expected in the first quarter, upping the odds of the rate hike next week

Posted on June 2, 2023

The Canadian economy grew at an annualized rate of 3.1 per cent in the first quarter of 2023, Statistics Canada reported Wednesday. The latest data shows growth beating out the federal agency’s own forecast of 2.5 per cent for the quarter. A preliminary estimate suggests the economy grew by 0.2 per cent in April, after remaining flat in March. The ongoing resilience in the economy will likely spur discussions of a potential rate hike, as the Bank of Canada is expected to make its next interest rate announcement next week. The relatively strong GDP showing investors had increasing the odds…

Important team and business changes

Posted on May 8, 2023

Team – We are changing the shape of Shopify significantly today to pay unshared attention to our mission. There are a number of consequences to this, and I don’t want to bury the lede: after today Shopify will be smaller by about 20% and Flexport will buy Shopify Logistics; this means some of you will leave Shopify today. I recognized the crushing impact this decision had on some of you, and did not make this decision lightly. In the next 5 minutes you’ll get a follow up that tells you if you are affected. There’s no way to make this…