Skip to content

National Business

Fire at Louisiana oil refinery sends tower of black smoke into the air, but no injuries reported

Fire at Louisiana oil refinery sends tower of black smoke into the air, but no injuries reported

GARYVILLE, La.
China wants more Canada flights after COVID-19 turbulence, despite tour-group ban

China wants more Canada flights after COVID-19 turbulence, despite tour-group ban

Beijing and Ottawa are in talks aimed at increasing flights between China and Canada, following American deals and the lifting of COVID-19 restrictions, but diplomatic spats and the aviation sector's gradual pace of change could prolong the turbulence.
Kimberly-Clark pulling Kleenex tissues from store shelves in Canada

Kimberly-Clark pulling Kleenex tissues from store shelves in Canada

TORONTO — Canadians soon won't find Kleenex tissues on store shelves. The Kleenex consumer facial tissue business is leaving Canada this month, U.S. manufacturer Kimberly-Clark said in a statement Friday.
Metro seeks injunction against striking workers preventing deliveries to stores

Metro seeks injunction against striking workers preventing deliveries to stores

TORONTO — Metro Inc. is seeking an injunction against striking employees who are picketing its warehouses and preventing deliveries to stores in Ontario, the grocer said Friday.
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 (19,835.75, up 59.92 points): Toronto-Dominion Bank. (TSX:TD). Finance. Down 30 cents, or 0.37 per cent, to $80.37 on 6.3 million shares.
ECB's Lagarde says interest rates to stay high as long as needed to defeat inflation

ECB's Lagarde says interest rates to stay high as long as needed to defeat inflation

JACKSON HOLE, Wyoming (AP) — Interest rates in the European Union will need to stay high “as long as necessary” to slow still-high inflation, Christine Lagarde, president of the European Central Bank, said Friday.
S&P/TSX composite up, U.S. stock markets also rise Friday after Powell speech

S&P/TSX composite up, U.S. stock markets also rise Friday after Powell speech

TORONTO — Canada's main stock index climbed on Friday, buoyed by strength in the energy sector, while U.S. markets also rose following a speech by U.S.
Stock market today: Wall Street ends higher and breaks a 3-week losing streak

Stock market today: Wall Street ends higher and breaks a 3-week losing streak

NEW YORK (AP) — Wall Street closed higher, breaking a 3-week losing streak, after the head of the Federal Reserve said it will “proceed carefully” as it decides what to do with interest rates. The S&P 500 rose 0.
TIFF set to lose lead sponsor Bell after a nearly three-decade partnership

TIFF set to lose lead sponsor Bell after a nearly three-decade partnership

TORONTO — The Toronto International Film Festival is set to lose Bell as its leading sponsor.
Energy interests and environmentalists fight Biden oil lease plan from different sides

Energy interests and environmentalists fight Biden oil lease plan from different sides

NEW ORLEANS (AP) — The Biden administration's plan to protect an endangered species of whale by scaling back an auction of oil and gas drilling leases in the Gulf of Mexico is being challenged by the oil industry, even as environmentalists go to cour