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REGINA The Saskatchewan government says it will be filing an amicus brief in support of U.S. states fighting President Joe Bidens decision to cancel the Keystone XL...
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TORONTO Gains in the financial and energy sectors helped lift Canada’s main stock index to a triple digit advance in late morning trading, while U.S. stock markets also gained ground. The...
Business
Statistics Canada said Friday manufacturing sales hit their highest level since June 2019 as they climbed 3.5 per cent to $57.8 billion in March. The gains came as the auto...
Business
MONTREAL SNC Lavalin Group Inc. reported a profit attributable to shareholders of $73 million in its latest quarter compared with a loss of nearly $66 million in the same quarter...
Business
TORONTO Onex Corp. reported a net profit of US$415 million in its latest quarter compared with a net loss of US$997 million in the same quarter last year. The...
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The probe is over suspected fraudulent trading and money laundering, including its financing arrangements with failed company Greensill Capital UK. Greensill, a major lender to Mr Gupta s business, collapsed...
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Greece has launched its tourist season, lifting most remaining restrictions on movement and declaring we are putting the lockdown behind us . Although an average of 2, 000 daily Covid cases are...
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BANGKOK Asian shares were mostly higher on Friday after Wall Street put the brakes on a three day losing streak with a broad stock market rally powered by...
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Kansas City Southern Inc. says it is terminating its merger agreement with CP Rail after determining that rival Canadian National Railway’s revised US$33.6 billion offer was superior. Under terms of the...
Business
MONTREAL Power Corp. says its first quarter profit nearly tripled from the prior year as it realized big gains from its life insurance business. The Montreal based holding company says it...
Business
The Kansas City Southern logo on a restored 1954 Kansas City Southern passenger locomotive at Union Station in Kansas City, Mo., on Nov. 5, 2004. Norman Ng / The Kansas...
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The Edmonton based company unveiled Thursday a plan to accelerate between $60 million and $80 million in annualized cost efficiencies over the next 12 to 18 months, as its third quarter loss...
Business
It is easy to see why. As Covid infection rates have fallen sharply and the vaccination programme has been rolled out, the health risks facing us have plummeted. Mr Haldane,...
Business
Mr Whitehurst said on BBC World Business News There s just a big lag between from when a technology is developed and when [a fabrication plant] goes into construction and...
Business
In the first quarter US bookings beat pre pandemic levels, while there was a steady improvement in business in the UK and France. The overall value of bookings shot up by...
Business
Tesla CEO Elon Musk, who suspended the use of bitcoin for car purchases late Wednesday, called the cryptocurrency’s energy trend “insane.” Tesla TSLA shares moved higher amid a broader tech...
Business
TORONTO Leon’s Furniture Ltd. reported a first quarter profit of $40.9 million, up from a profit of $13.7 million a year ago, as its revenue climbed higher. The furniture retailer...
Business
Shares of bitcoin mining company CleanSpark Inc. CLSK were rising premarket Thursday after the company announced that it has purchased 2, 400 new rigs that will help improve its mining efficiency....
Business
After acknowledging a ‘very tight labour market’ during last month’s earnings call, McDonald’s USA plans to lift wages in company owned stores to $15 per hour. McDonald’s MCD shares edged higher...
Business
Stocks rose Thursday for the first time in four sessions as investors weighed a jump in producer prices against a fall in weekly jobless claims. The Dow Jones Industrial Average...