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Houthi rebels' attack severely damages a Belize-flagged ship in key strait leading to the Red Sea

Houthi rebels' attack severely damages a Belize-flagged ship in key strait leading to the Red Sea

DUBAI, United Arab Emirates (AP) — A missile attack by Yemen's Houthi rebels that damaged a Belize-flagged ship traveling through the Bab el-Mandeb Strait that connects the Red Sea and the Gulf of Aden has forced the crew to abandon the ship, authori
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Economists expect inflation eased in January, but housing still 'thorn' in BoC's side

Economists expect inflation eased in January, but housing still 'thorn' in BoC's side

OTTAWA — As the Bank of Canada waits for the right moment to start cutting interest rates, some economists are arguing that its decision shouldn't hinge on the housing market.
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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: Inflation Statistics Canada will release Tuesday its latest reading for inflation when it is expected to publish its consumer price index for January.
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'Always a reason to buy beauty': Young shoppers keep cosmetics hot despite inflation

'Always a reason to buy beauty': Young shoppers keep cosmetics hot despite inflation

TORONTO — In Keon Zhang's household, it started with a rite of passage: his eight-year-old discovering a pimple. "She was like, 'Daddy, I need to get rid of them ...
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CN, CPKC file requests for conciliation amid ongoing negotiations with union

CN, CPKC file requests for conciliation amid ongoing negotiations with union

CN and Canadian Pacific Kansas City both say they have filed requests for conciliation in ongoing collective agreement negotiations with the Teamsters Canada Rail Conference.
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Manitoba denies environmental licence to sand project over drinking water concerns

Manitoba denies environmental licence to sand project over drinking water concerns

WINNIPEG — The Manitoba government has nixed a contentious sand-extraction project that had been proposed by Sio Silica east of Winnipeg, citing concerns about drinking water.
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S&P/TSX composite makes small gain, U.S. stock markets move lower

S&P/TSX composite makes small gain, U.S. stock markets move lower

TORONTO — Strength in base metals and telecom helped Canada's main stock index post a small gain Friday, while U.S. markets moved lower.
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Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (21,255.61, up 32.92 points): Enbridge Inc. (TSX:ENB). Energy. Up 65 cents, or 1.42 per cent, to $46.46 on 12.5 million shares.
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Air Canada taps the brakes on ramp-up, even as Canadians still want to fly

Air Canada taps the brakes on ramp-up, even as Canadians still want to fly

MONTREAL — Air Canada is proceeding more cautiously on growth plans this year, despite sturdy profits and strong bookings last quarter as its post-pandemic recovery continues.
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Stock market today: Wall Street falls to a rare losing week, but not far off its record

Stock market today: Wall Street falls to a rare losing week, but not far off its record

NEW YORK (AP) — Stocks slipped to send Wall Street to a rare losing week, just its second in the last 16. The S&P 500 fell 0.5% Friday after a report on inflation at the wholesale level came in hotter than expected.
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