business news tunisie

Real estate: May home sales, prices rise year-over-year

Canada’s real estate market continued to heat up in May with home sales posting their first year-over-year increase since June 2021 and the average price seeing its first year-over-year gain in a year.

The findings released by the Canadian Real Estate Association on Thursday suggested a marked shift away from the sluggish sales and slumping prices the country has seen since last year.

“The rebound has been evident for a number of months at this point, but May really drove the point home,” CREA chair Larry Cerqua said in a news release.

The association said the number of home sales

Spotify laying off 2% of workforce, mostly podcast division

business

Spotify Technology SA said on Monday it would lay off 200 employees in its podcast division, representing about 2 per cent of the audio streamer’s worldwide workforce.

Audio streaming giant is getting rid of 200 workers

Spotify logo
After moving into the podcast space in a big way, Spotify is now laying off staff in that division. (Fabiola Carletti/CBC)

Spotify Technology SA said on Monday it would lay off 200 employees in its podcast division, representing about 2 per cent of the audio streamer’s worldwide

Bank of Canada appoints Rhys Mendes as deputy governor – Business News

BoC has new deputy gov.

The Canadian Press – | Stories: 426434

The Bank of Canada has appointed Rhys Mendes as a deputy governor, effective July 17.

According to a news release from the central bank, Mendes first joined the Bank of Canada in 2004 but has been on secondment to the Department of

Lyft gears up to make ‘significant’ layoffs under new CEO – Business News

Lyft is preparing to lay off hundreds of employees just days after new CEO David Risher began steering the ride-hailing service with an eye toward driving down costs to help bring its fares more in line with its biggest rival, Uber.

Risher, a former Amazon executive, informed Lyft’s workforce of more than 4,000 employees in an email posted online Friday that a “significant” number of them would lose their jobs. It came

SpaceX giant rocket explodes minutes after launch from Texas – Business News

SpaceX’s giant new rocket exploded minutes after blasting off on its first test flight Thursday and crashed into the Gulf of Mexico.

Elon Musk’s company was aiming to send the biggest and most powerful rocket ever built on a round-the-world trip from the southern tip of Texas, near the Mexican border. The nearly 400-foot (120-meter)

Honda recalls 564,000 CR-Vs sold in 22 cold-weather states and DC, over potential rust issue

Honda is recalling 563,711 older-model CR-Vs in 22 cold-weather states and Washington, DC, because an accumulation of road salt can cause the vehicle’s rear trailing arm to corrode and detach, which could lead to a crash.

According to the recall notice posted on the National Highway Traffic Safety Administration’s website, Honda said it had received 61 complaints of road salt accumulating and causing frame corrosion.

If the vehicle’s trailing arm, which is a component of the suspension, detaches as a result of that corrosion, it can cause the driver to lose control of the vehicle, increasing the risk of a

Scroll to top