Five things to watch for in the Canadian business world in the coming week + MORE Aug 28th

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BERLIN – Free trade talks between the European Union and the United States have failed, Germany’s economy minister said Sunday, citing a lack of progress on any of the major sections of the long-running negotiations.
Both Washington and Brussels have pushed for a deal by the end of the year, despite strong misgivings among some EU member states over the Trans-Atlantic Trade and Investment Partnership, or TTIP.
Sigmar Gabriel, who is also Germany’s Vice Chancellor, compared the TTIP negotiations unfavourably with a free trade deal forged between the 28-nation EU and Canada, which he said was fairer for both sides.
“In my opinion, the negotiations with the United States have de facto failed, even though nobody is really admitting it,” Gabriel said during a question-and-answer session with citizens in Berlin.
He noted that in 14 rounds of talks, the two sides haven’t agreed on a single common item out of 27 chapters being discussed.
Gabriel accused Washington of being “angry” about the deal that the EU struck with Canada, known as CETA, because it contains elements the U…

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Picture this: A thief steals millions of dollars by hacking into an investment fund, and the whole theft is undone with a simple software update. That is, in effect, what happened recently at Ethereum, an upstart digital currency platform second only to Bitcoin in dollar value.

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TORONTO – Five things to watch this week in Canadian business:
Energy East: The National Energy Board resumes hearings into the proposed Energy East Pipeline on Monday in Montreal, where the project has stirred much outcry. Among the harshest critics of the pipeline is Mayor Denis Coderre, the first person scheduled to speak before the regulatory panel.
Little Trouble in Big China? Prime Minister Justin Trudeau heads to Beijing beginning Tuesday for a week-long visit to China, where concerns are rising that a dispute over canola could overshadow efforts to build economic ties. The Chinese government has given Canada until Thursday to cut the level of foreign material — such as other plants and weed seeds — found in canola exports to China. Canada’s canola industry says the squabble poses a threat to producers here.
Retail earnings: A smattering of retail industry earnings come out this week. Alimentation Couche-Tard, vying to become the largest convenience store operator in Canada and the U…

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