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S&P/TSX composite index up more than 200 points, U.S. stock markets mixed
TORONTO — Canada's main stock index gained more than 200 points Thursday, led higher by technology and base metals, while U.S. stock markets were mixed.
Nov 7, 2024 4:39 PM
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BCE denied regulatory relief, reports Q3 loss on asset impairment charge
Bell Canada-owner BCE Inc. was dealt another regulatory blow this week as it reported a loss in its latest quarter and recorded $2.11 billion in asset impairment charges, mainly related to Bell Media's TV and radio properties.
Nov 7, 2024 4:29 PM
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Stock market today: Most of Wall Street rises after the Fed cuts interest rates
NEW YORK (AP) — Most U.S. stocks rose as the Federal Reserve cut interest rates again to make things easier for the economy. The S&P 500 climbed 0.7% Thursday.
Nov 7, 2024 4:08 PM
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Ericsson announces funding boost for R&D centres through partnership with Ottawa
Wireless networking technology company Ericsson Canada says it is expanding a previously announced partnership with the federal government through a combined investment of more than $630 million in research and development centres.
Nov 7, 2024 4:00 PM
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Ottawa's TikTok order sends mixed messages to users, experts say
TORONTO — By ordering TikTok to shut down its Canadian operations but not banning the app, digital media experts say the federal government is sending mixed messages that make it too hard for the average user to decide whether they should remain on t
Nov 7, 2024 3:33 PM
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Aircraft maker Bombardier sees revenue rise as it pushes further into maintenance
MONTREAL — Steady demand for private jets, and the maintenance they require, helped push earnings and revenue higher at Bombardier Inc. last quarter.
Nov 7, 2024 3:29 PM
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Court order will compel release of records in Dye & Durham competition probe
GATINEAU, Que. — A court order obtained by the Competition Bureau will require legal-software company Dye & Durham Ltd. to release records related to its business practices, the federal watchdog agency said Thursday.
Nov 7, 2024 3:15 PM
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National rent prices decline year-over-year for first time since pandemic: report
Average asking rents declined nationally on a year-over-year basis for the first time in more than three years in October, said a report out Thursday. The report from Rentals.
Nov 7, 2024 3:08 PM
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Quebecor reports Q3 profit and revenue down from year ago
Quebecor Inc. says it recorded its best quarter for wireless customer acquisitions in its history during the three-month period that ended Sept. 30, though it reported its profit and revenue edged lower.
Nov 7, 2024 1:56 PM
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Manulife reports earnings up on Asia growth, says adding more AI tools
TORONTO — Manulife Financial Corp. reported a profit increase last quarter that was driven by growth in Asia, while the company says it's also seeing a boost from its push into artificial intelligence.
Nov 7, 2024 1:20 PM
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