Hong Kong shares jumped 4.4 percent in its fourth day of gains on Friday, leading the main index to its best weekly rise in a month and a half, with China stocks outperforming as investors continued to cheer hints of economic recovery in the mainland.
U.S. business leaders urged lawmakers on Thursday to act quickly on healthcare reform, saying American companies were losing out to other countries with cheaper healthcare and healthier workers.
Rescuers combed the frigid waters off Canada's Atlantic Coast on Thursday looking for survivors after a helicopter carrying 18 people crashed as it ferried workers to two offshore oil facilities.
Ailing telecom equipment maker Nortel Networks Corp, which filed for bankruptcy protection earlier this year, is looking to break itself up by selling off major divisions, the Globe and Mail reported on Thursday.
On March 10 Verizon Business announced it will provide network and data services at U.S. Department of Defense installations around the world under a new contract awarded by the Defense Information Systems Agency (DISA).
A United Nations investigator urged U.S. allies from Britain to Pakistan on Tuesday to fully investigate whether they helped in secret renditions that led to the illegal torture or disappearance of terror suspects.
TORONTO - Biovail Corp and its founder were so worried in 2003 that the drug company's quarterly results would not meet targets that they fabricated the effects of a fatal truck crash that destroyed a shipment of drugs, Canada's main securities regulator said on Wednesday.
Microsoft announced at the CeBIT trade show in Hanover on Monday that it's rolling out its Surface computer to 12 new markets in Europe, the Middle East and Africa.
Telecom equipment maker Nortel Networks Corp , now operating in bankruptcy protection, said on Monday its quarterly loss more than doubled as it booked over $2 billion in noncash writedowns and saw its revenues plunge.
When it comes to money, women really are more responsible then men, with an international survey finding that they're less likely to get into debt and strive harder to become financially independent.
The Canadian Society for the Prevention of Cruelty to Animals took in approximately 60 dogs from a puppy mill just outside of Montreal. The dogs were voluntarily surrendered by the owner of the mill to the CSPCA on February 27th.
Canadian fighters scrambled to intercept an approaching Russian bomber less than 24 hours before U.S. President Barack Obama's visit to Ottawa last week, Canadian Defense Minister Peter MacKay said on Friday.
Stocks headed for a sharp slide at Friday's open as news the U.S. government was taking a large common equity stake in embattled lender Citigroup sowed more uncertainty over the fate of major banks.
President Barack Obama's support on Thursday for a U.S. cap and trade scheme boosted expectations of a global carbon market under a new climate treaty, to be agreed this year to replace the Kyoto Protocol.
the offer expires on May 15.
CF has also said it plans to nominate three directors to replace three members of Terra's board at this year's annual meeting.
Terra has a classified board with staggered terms. Three directors will be elected to serve a three-year term at this year's annual meeting.
Even if the proposed deal does find favor with Terra's shareholders, it could run into regulato...
Toronto-Dominion Bank (TD.TO) reported a 27 drop in quarterly profit on Wednesday as Canada's second-largest lender more than doubled its provisions for bad loans.
have truly outstanding fundamentals, it seems to me that you ought to be thinking about that as investors and not just the short-term concerns.
The deal will allow Nova to strengthen its balance sheet so it can keep operating and expanding, the companies said. IPIC agreed to give Nova a $250 million backstop facility to improve its liquidity.
Meanwhile, Nova won a new $150 million credit faci...
Germany and Sweden ruled out underwriting rescue plans for Opel and Saab while Canada's Industry Minister warned on Monday that the crisis-hit North American car industry was at the precipice of nonexistence.
Underlining the severity of the crisis battering the car industry, with sales plunging as the credit crunch hits consumer confidence, assembly lines at some Volkswagen p...
Abu Dhabi state-owned International Petroleum Investment Co launched a $500-million takeover bid for Nova Chemicals Corp on Monday, a friendly deal to rescue the raw plastics maker from severe financial pressure due to its high debt.
Under the deal, IPIC is offering $6 a share for all of the outstanding shares of Nova Chemicals, which is based in Canada but has its executive office...
Russia's most indebted tycoon, Oleg Deripaska, said he does not need help from the state which is tackling an economic slowdown and hopes to reach agreement with creditors on restructuring billions of dollars in debt in the coming months.
Deripaska's comments came just a day after one of Prime Minister Vladimir Putin's most trusted aides said the billionaire had already received unprecedented ...
President Barack Obama on Thursday assured Canada, his country's biggest trading partner, that he would not pursue protectionist policies, and the two neighbors agreed to cooperate on cleaner energy technology.
Barack Obama will seek to quell Canadian concerns about U.S. protectionism when he makes his first foreign trip as president on Thursday to the United States' biggest trading partner and energy supplier.
