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Nine months. That's how long it took the world's top 1,000 billionaires to recoup their fortunes after the coronavirus pandemic hit.
More than a decade is how long it could take the world's poorest to recover, according to Oxfam International's annual inequality report.
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SEOUL, KOREA, REPUBLIC OF -- Samsung scion Lee Jae-yong will not appeal a court ruling that sentenced him to two and a half years in prison for bribing South Korea's then-president for business favours.
Lee's lawyers informed reporters of the decision on Monday as prosecutors faced a deadline for filing an appeal to the Supreme Court, which would extend the legal saga over South Korea's largest business group.
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TOKYO -- Asian shares rose Monday amid some hopes for recovering economies slammed by the pandemic, as market attention turned to upcoming company earnings.
Japan's benchmark Nikkei 225 gained nearly 0.5% in morning trading to 28,767.43.
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EDMONTON -- Alberta Health Services and RCMP say they are aware that the Whistle Stop Café in Mirror has recently opened back up for dine-in service, and they are investigating.
AHS said it has already issued an Environmental Public Health Order to the café to close it’s dine-in service.
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CHARLOTTETOWN -- A lozenge plant in Prince Edward Island has laid off 30 workers, citing an "almost non-existent" cold and cough season amid COVID-19 restrictions.
Island Abbey Foods said Friday sales of its Honibe cough and cold lozenges have declined in the first two quarters of 2021, forcing the Charlottetown company to cut 30 temporary positions from its production operation.
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