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Business
Greece beats budget target as it looks to post-bailout era
ATHENS, Greece – Greece has beaten its budget targets for a third year and trimmed…
US existing home sales rose 1.1 per cent in March
WASHINGTON – U.S. sales of existing homes increased 1.1 per cent on a monthly basis…
Bloomberg gives $4.5M to UN climate body, softening US cuts
BERLIN – Former New York City Mayor Michael Bloomberg is donating $4.5 million to the…
Toys “R” US ends Canadian stores auction with Fairfax as the only bidder
TORONTO – Toys “R” Us’s Canadian operations have found a safety net months after the…
Poseidon Concepts agreement boosts proposed payout to shareholders to $36.6M
CALGARY – Lawyers for investors in failed oilfield services firm Poseidon Concepts Corp. say they…
Loblaw Companies tax court trial over Barbadian banking subsidiary begins
TORONTO – Loblaw Companies Ltd. and the Canada Revenue Agency faced off in Tax Court…
B.C. to limit auto insurance claims, speed up process to settle disputes
VICTORIA – The British Columbia government has introduced legislation that will attempt to restore the…
Competition Bureau approves Metro’s purchase of Jean Coutu, with conditions
OTTAWA – The Competition Bureau of Canada has approved Metro Inc.’s purchase of the Jean…
Barrick Gold sees 76 per cent drop in Q1 profit, but beats estimates
TORONTO – Barrick Gold Corp. reports that its net income fell to $158 million in…
Enbridge Line 3 project should follow existing route, U.S. judge says
MINNEAPOLIS – Minnesota regulators should approve Enbridge Energy’s proposal for replacing its aging Line 3…
Court sides with human in copyright fight over monkey selfie
SAN FRANCISCO – A U.S. appeals court on Monday favoured humans over animals in a…
Teck Resources tops first-quarter profit expectations, sales up from year ago
VANCOUVER – Teck Resources Ltd. reported a better-than-expected first-quarter profit as revenue also grew compared…
From ‘Jumanji’ to Tarantino, Sony teases varied slate
LOS ANGELES – Sony Pictures Entertainment Chairman Tom Rothman assured theatre owners Monday that his…
Trump’s tariffs risk jobs and profits in working-class areas
WASHINGTON – President Donald Trump’s escalating dispute with China over trade and technology is threatening…
Glass Lewis proxy firm backs Crescent Point slate as annual meeting nears
CALGARY – A second institutional investor proxy advisory firm is wading into the fight by…
US sales of new homes shot up 4 per cent in March
WASHINGTON – Sales of new U.S. homes jumped 4 per cent in March, propelled by…
Restaurant Brands announces ‘Winning Together’ plan to improve Tim Hortons
OAKVILLE, Ont. – Restaurant Brands International Inc. announced a plan Tuesday for improving the customer…
Toronto stock index shows modest gains, U.S markets mixed; Loonie down
Canada’s main stock index closed with a modest gain Wednesday, while U.S. markets were mixed…
New Zealand warship transferred to Victoria shipyard for upgrades
Seaspan’s Victoria Shipyards is welcoming the extended stay of a guest from down under on…
Air carriers urge feds to slow down flight-time limits for sleepy pilots
OTTAWA – A battle is brewing as Transport Canada prepares to unveil new regulations that…
B.C. set to introduce pot laws, but years of fine tuning likely, says minister
VICTORIA – Incoming marijuana legislation heralds momentous change for the approach to pot, but British…
ConocoPhillips wins $2 billion arbitration against Venezuela
CARACAS, Venezuela – ConocoPhillips said Wednesday that it won a $2 billion arbitration award against…
Cenovus posts $914-million loss, considers slowing new oilsands project
CALGARY – Cenovus Energy Inc. says it will consider slowing development of a 50,000-barrel-per-day oilsands…
McKenna outlines pipeline protections ahead of B.C court reference
OTTAWA – Environment Minister Catherine McKenna is floating the idea of a joint Ottawa-B.C. panel…