Skip to content

National Business

Five things to watch for in the Canadian business world in the coming week

Five things to watch for in the Canadian business world in the coming week

TORONTO — Five things to watch for in the Canadian business world in the coming week: Resource earnings Some of the biggest names in the Canadian resource sector are expected to report their second-quarter results this week. Kinross Gold Corp.
Read more >
Rogers unable to switch customers to Bell, Telus, despite competing carrier offers

Rogers unable to switch customers to Bell, Telus, despite competing carrier offers

TORONTO — Rogers Communications Inc. says it was unable to switch customers to competing carriers during the unprecedented service outage earlier this month despite offers of assistance from Bell and Telus.
Read more >
Wall Street slumps, still marks best weekly gain in a month

Wall Street slumps, still marks best weekly gain in a month

NEW YORK (AP) — Wall Street gave back some of its strong gains from the week on Friday following discouraging readings on the global economy and another slew of profit reports from big U.S. companies.
Read more >
Man gets nearly 22 years for $60M film finance fraud scheme

Man gets nearly 22 years for $60M film finance fraud scheme

FORT LAUDERDALE, Fla.
Read more >
S&P/TSX composite up in late-morning trading, U.S. stock markets down

S&P/TSX composite up in late-morning trading, U.S. stock markets down

TORONTO — Gains in the base metals sector helped Canada's main stock index move higher in late-morning trading, while U.S. stock markets were in the red. The S&P/TSX composite index was up 30.33 points at 19,093.18.
Read more >
Clash over whether U.S. officers can be armed in Canada keeps Nexus offices closed

Clash over whether U.S. officers can be armed in Canada keeps Nexus offices closed

MONTREAL — A dispute over legal protections for American customs officers has kept Nexus enrolment centres closed in Canada more than three months after they reopened south of the border — due in part to a clash over U.S.
Read more >
Air Canada and United Airlines sign deal to expand relationship

Air Canada and United Airlines sign deal to expand relationship

MONTREAL — Air Canada has signed a deal with United Airlines that expands the relationship between the companies in an effort to offer more flight options to the United States. The airlines already co-operate in the transborder market.
Read more >
Statistics Canada says retail sales rose 2.2 per cent to $62.2 billion in May

Statistics Canada says retail sales rose 2.2 per cent to $62.2 billion in May

OTTAWA — Statistics Canada says retail sales rose 2.2 per cent to $62.2 billion in May, led higher by sales at new car dealers and gas stations. The agency says the increase came as sales rose in eight of the 11 subsectors it tracks.
Read more >
German government agrees on bailout for energy supplier

German government agrees on bailout for energy supplier

BERLIN (AP) — The German government will take a roughly 30% stake in energy supplier Uniper as part of a rescue package following surging prices for natural gas and reduced Russian deliveries, the company said Friday.
Read more >
Rajapaksa ally named PM in Sri Lanka as protest site cleared

Rajapaksa ally named PM in Sri Lanka as protest site cleared

COLOMBO, Sri Lanka (AP) — An ally of the Rajapaksa political family was appointed Friday as Sri Lanka's prime minister, hours after security forces cleared the main protest site occupied for months by demonstrators angry at the Rajapaksas over the co
Read more >