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National Business
National Business
S&P/TSX composite falls in broad decline ahead of expected interest rate hike
North American stock markets moved lower to start a busy week with the Bank of Canada expected to hike interest rates, new U.S. inflation numbers forecast to be higher and the U.S. quarterly earnings season set to get underway
Jul 11, 2022 5:21 PM
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Suncor cancels investor update in wake of CEO's resignation
CALGARY — Suncor Energy Inc. has cancelled its planned investor update about oilsands operations and safety in the wake of last week's resignation of chief executive Mark Little.
Jul 11, 2022 4:45 PM
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Rogers outage won't 'sink' $26-billion deal to buy Shaw, competition expert says
TORONTO — As the fallout from the Rogers Communications Inc. service outage continues to play out, one competition expert says she doesn't think it will "sink" the telecom giant's proposed $26-billion takeover of Shaw Communications Inc.
Jul 11, 2022 4:41 PM
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Small businesses fear Rogers won't fully compensate them for thousands in losses
TORONTO — A Friday outage from Rogers Communications Inc. resulted in some small businesses losing thousands of dollars, which they fear the telecommunications giant won’t fully compensate them for.
Jul 11, 2022 2:58 PM
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Looming Musk-Twitter legal battle hammers company shares
NEW YORK (AP) — Shares of Twitter slid more than 9% in the first day of trading after billionaire Elon Musk said that he was abandoning his $44 billion bid for the company and the social media platform vowed to challenge Musk in court to uphold the a
Jul 11, 2022 1:39 PM
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Canadian household budgets stretched thin as inflation, interest rates rise: Survey
CALGARY — A new poll indicates Canadians are making increasingly tough budget decisions amid rising interest rates and inflation. The MNP Ltd.
Jul 11, 2022 12:10 PM
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Sri Lanka's political chaos persists as crisis talks go on
COLOMBO, Sri Lanka (AP) — A weekend of political chaos in Sri Lanka stretched into Monday, with opposition leaders yet to agree on replacements for embattled President Gotabaya Rajapaksa and his prime minister whose residences remain occupied by prot
Jul 11, 2022 12:07 PM
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Small business group calls for relief at pumps amid high fuel costs
TORONTO — A Canadian small business group is calling on the federal and provincial governments to temporarily eliminate or lower fuel taxes.
Jul 11, 2022 10:23 AM
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Stocks open lower on Wall Street, led by drops in technology
NEW YORK (AP) — Stocks are opening lower on Wall Street as markets turn cautious ahead of earnings reports from big U.S. companies starting this week and more reports that will show how badly inflation is hitting American businesses and households.
Jul 11, 2022 9:52 AM
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Putin extends fast-track Russian citizenship to all Ukraine
KHARKIV, Ukraine (AP) — Russian President Vladimir Putin signed a decree on Monday expanding a fast-track procedure to receive Russian citizenship to all Ukrainians, in yet another effort to expand Moscow's influence in war-torn Ukraine.
Jul 11, 2022 9:32 AM
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