By Malcolm Morrison, The Canadian Press TORONTO - The Toronto stock market was slightly lower Tuesday even as commodity prices rose sharply in the wake of data indicating that China is managing to avoid an abrupt economic slowdown. The S&P/TSX composite index lost 26.32 points to 12,232.28, dragged down by lower gold stocks,...
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Click chart for more markets data. NEW YORK (CNNMoney) -- U.S. stocks started the week higher Tuesday, as investors welcomed several signs of improving global economic growth. The Dow Jones industrial average ( INDU ) added 102 points, or 0.8%, the S&P 500...
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By The Canadian Press CALGARY - WestJet Airlines and Delta Air Lines have signed a code-share agreement, expanding a partnership the two carriers reached last year. Under the agreement's first phase, Delta will place its two-digit code on WestJet flights to more than...
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The S&P 500 is off to a hot start in 2012 even though worries about Europe, China and banks remain. NEW YORK (CNNMoney) -- The world's second largest economy is slowing, earnings from big banks have been a disappointment and the debt woes...
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Greek Finance Minister Evangelos Venizelos will try, once again, to work out a compromise on Greek debt to save the nation from default. NEW YORK (CNNMoney) -- The financial fate of Greece hangs in the balance this week, as officials reconvene over the...
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By Julian Beltrame, The Canadian Press OTTAWA - The Bank of Canada is warning of a global epidemic of contagion spreading from Europe, saying Canada's economy and financial systems are already being impacted and risks of further damage are elevated. The central bank's...
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By Kevin Bissett, The Canadian Press FREDERICTON - New Brunswick NDP Leader Dominic Cardy says the president of a Calgary-based energy firm tried to muzzle him. Cardy says Khalid Amin, who heads Windsor Energy, called him Wednesday and threatened a lawsuit if he...
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Spain's Banco Santander is among 31 banks facing big capital shortfalls, say European banking regulators. NEW YORK (CNNMoney) -- Banking regulators said Thursday that European banks need to raise nearly €115 billion by June as pressure mounts for political leaders to come up...
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By Don Melvin,Jamey Keaten, The Associated Press BRUSSELS - The leaders of Germany and France are pushing their European counterparts to save the ambitious project of continental unity that grew from the ashes of World War II. At stake at the summit in...
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By Malcolm Morrison, The Canadian Press TORONTO - The Toronto stock market tumbled more than 150 points Thursday amid fading expectations that a summit of European Union leaders will produce a comprehensive fix for the region's debt crisis. The S&P/TSX composite index fell...
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By The Canadian Press WINNIPEG - Canadian consumer confidence is sliding as more people worry about the long term health of the economy. But a new poll by Harris Decima Investors Group finds that while Canadians are losing optimism, their confidence is still...
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Click chart for more market data. NEW YORK (CNNMoney) -- U.S. stocks fell Thursday, after European Central Bank President Mario Draghi gave investors few reasons to expect any quantitative easing and emphasized "substantial downside risks" for the European economy. The Dow Jones industrial...
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By LuAnn LaSalle, The Canadian Press MONTREAL - BCE Inc. is raising its dividend by five per cent and using surplus cash to bolster its balance sheet as the telecom giant predicts strong growth ahead. The Montreal-based telecommunications company and parent company of...
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The ECB cut a key interest rate as economic conditions deteriorate in the wake of the deepening debt crisis. NEW YORK (CNNMoney) -- The European Central Bank cut interest rates and announced a series of measures to ease credit conditions as the eurozone...
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By The Associated Press LANSING, Mich. - Michigan has approved a plan by Enbridge Inc. to replace some sections of a pipeline that leaked more than three million litres of oil in southern Michigan in 2010. The Michigan Public Service Commission on Wednesday...
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