National Business

Canadian retail sales edged down in November amid a broad consumer spending pull back as the rising cost of living continued to erode purchasing power. Statistics Canada said Friday retail sales dropped 0.1 per cent to $61.8 billion in November.

BUCHAREST, Romania (AP) — A judge in Romania has granted a request to extend by another 30 days the arrest of Andrew Tate, the social media personality who was detained in the country on charges of being part of an organized crime group, human traffi

GATINEAU, Que. — Hexo Corp. says the Nasdaq Stock Market LLC has informed the cannabis company that it has regained compliance with minimum bid price requirements. Gatineau, Que.

PARIS (AP) — French President Emmanuel Macron on Friday proposed to boost defense spending by more than a third through 2030 and to “transform" France's nuclear-armed military, to better face evolving threats and take into account the impact of Russi

LONDON (AP) — Google is laying off 12,000 workers, becoming the latest tech company to trim staff after rapid expansions during the COVID-19 pandemic have worn off.

The number of commercial pilot licences issued in Canada has declined by more than 80 per cent since 2019, even as aviation experts warn of an ever-growing labour shortage that threatens to disrupt Canada's airline industry.

OTTAWA — Economists don't believe the Bank of Canada is ready to hit the brakes on its interest rate-hiking cycle just yet, even as signs grow that inflation is easing and the economy is softening.

BEIJING (AP) — Asian stock markets rose Friday after Wall Street losses deepened as worries grow that the U.S. economy is headed for recession. Shanghai, Tokyo and Hong Kong advanced. Seoul declined. Oil prices gained.

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (20,341.44, down 34.79): Tourmaline Oil Corp. (TSX:TOU). Energy. Down 33 cents, or 0.48 per cent, to $67.82 on 9.1 million shares.

TORONTO — Canada's main stock index edged lower Thursday, with losses in technology and industrials buoyed by energy stocks, while U.S. stock markets were also down. The S&P/TSX composite index was down 34.79 points at 20,341.44.