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April 20, 2018 4:42 PM Canada's main stock index edges higher in late-morning trading

The telecommunications sector and financial stocks offset losses in the energy sector as Canada's main stock index edged higher in late-morning trading. The S&P/TSX composite index was up 9.80 points to 15,464.22, after 90 minutes of trading. In New York, the Dow Jones industrial average was down 124.27 points to 24,540.62. The S&P 500 index was down 8.53 points 4

April 19, 2018 3:43 PM TSX moves lower as broad-based weakness weighs on stocks

Broad-based weakness weighed on stocks in late-morning trading as Canada's main stock index moved lower, while U.S. markets also lost ground. The S&P/TSX composite index was down 21.75 points to 15,508.22, after 90 minutes of trading. In New York, the Dow Jones industrial average was down 45.82 points to 24,702.25. The S&P 500 index was down 14.51 points 9

April 18, 2018 2:31 PM Chemical watchdog rejects Russia’s claim of 2nd nerve agent found in U.K. city where ex-spy was poisoned

Britain says Russia carried out the nerve agent attack by smearing a Soviet-developed nerve agent known as Novichok on a door handle at Sergei Skripal’s house in Salisbury. Moscow denies involvement. Britain’s representative to the OPCW, Ambassador Peter Wilson, slammed the Russian foreign minister’s comments as a breach of the treaty outlawing chemical 13

April 17, 2018 3:47 PM Resource and tech sectors help boost stocks in Toronto

Resource and technology stocks helped boost Canada’s main stock index in late-morning trading, while U.S. market were solidly higher. The S&P/TSX composite index was up 80.54 points to 15,380.92, after 90 minutes of trading. In New York, the Dow Jones industrial average was up 266.86 points to 24,839.90. The S&P 500 index was up 28.44 points to 2,706.28 and the Nasdaq 10

April 12, 2018 2:53 PM Sanctions-hit Russian tycoons may have lost $7.5B US

U.S. Treasury imposed sanctions on 7 Russian oligarchs, 12 companies they own or control Three Russian tycoons targeted by a new list of U.S. sanctions may have lost a combined $7.5 billion US since the list was announced, according to Reuters calculations based on price moves in the listed companies the three co-own. The U.S. Treasury on April 6 announced 6

March 23, 2018 4:26 PM Stock markets slip further as trade-war fears lead to weekly losses

Analysts warn impact of new U.S. tariffs will hit equities harder than global economy North American markets headed mostly lower on Friday afternoon, failing to bounce back from steep losses this week as concerns about the start of a potential global trade war between the world's two biggest economies put a cap on overall gains. China responded to U.S. President 27

March 23, 2018 1:17 PM Stock markets fall across the board as trade war fears lead to weekly losses

Analysts warn the impact of new U.S. tariffs will hit equities harder than the global economy North American markets headed lower on Friday afternoon, failing to bounce back from steep losses this week as concerns about the start of a potential trade war and the risk of the U.S. government shutting down put a cap on overall gains. China, the world's 111

March 22, 2018 3:51 PM TSX plunges in broad-based decline that includes major resource, marijuana stocks

Canada's main stock index plunged this morning in a broad-based decline that includes major resource and marijuana stocks. The Toronto Stock Exchange's S&P/TSX composite index was down 192.11 points to 15,483.17, after 90 minutes of trading. In New York, the Dow Jones industrial average was down 365.18 points to 24,317.13. The S&P 500 index was down 37.32 points 13

March 22, 2018 3:19 PM Toys "R" Us trouble forces Dorel to take on bad debt expense

U.S. arm of toy retailer accounted for about 3% of Dorel's revenues last year Quebec-based manufacturer Dorel Industries Inc. has incurred a $4.9-million bad debt expense because of Toys "R" Us winding down its U.S. business and liquidating its inventory. Dorel is also reporting a reduction of about $4 million in net income for both its fourth quarter 37

March 12, 2018 3:42 PM Trump says there’s ‘not much political support’ for age limits on guns, reversing a post-Parkland promise

In the wake of the Parkland, Fla., school shooting, Trump had said he would pursue raising the age limit to buy assault rifles. WASHINGTON—President Donald Trump confirmed Monday that his administration would not immediately pursue a proposal to raise the age limit for buying an assault rifle, going back on earlier pledges that he made after last month’s 20