CANADA

IBTimes Logo

U.S. tops new tech usage ranking

The United States, Sweden and Japan topped a new ranking that measures how well countries use telecommunications technologies - networks, cell phones and computers - to boost their social and economic prosperity.
IBTimes Logo

UPS to increase freight rate

UPS Inc. announced on Friday that it will increase the general rate of about 5.4 percent on non-contractual shipments in the U.S. and Canada.
More news
IBTimes Logo

U.N.'s Ban urges 2009 deadline for climate deal

U.N. Secretary-General Ban Ki-moon urged the world on Wednesday to agree to work out a new climate treaty by 2009 but said it might be too ambitious to set goals for greenhouse gas cuts in Bali.
IBTimes Logo

Inflation Keeps Heat on Central Banks

Another U.S. Federal Reserve interest rate cut this week is a foregone conclusion as far as financial markets are concerned, but a heaping helping of global inflation data may leave a sour aftertaste. foregone conclusion as far as financial markets are concerned, but a heaping helping of global inflation data may leave a sour aftertaste. The Fed is widely expected to follow the central banks of Canada and England with a quarter-percentage-point reduction in the benchmark federal funds rate on Tuesday.
IBTimes Logo

Physical therapists prescribe Wii time

Franklin Perry used to spend hours performing video game feats with his thumbs but lately he has been using the Nintendo Wii, and the rest of his body, to regain his strength after suffering a stroke.
IBTimes Logo

Euro rises after Trichet comments

The euro rose against the dollar and the yen on Thursday after the European Central Bank left interest rates on hold but President Jean-Claude Trichet warned of strong upward pressure on inflation.
IBTimes Logo

CIBC expects more subprime writedowns for November

Canadian Imperial Bank of Commerce posted an 8 percent increase in fourth-quarter earnings on Thursday as various one-time charges in its wholesale unit were largely offset by a gain in its retail business, and taxes were lower.
IBTimes Logo

Dollar Falls on Credit Concerns, Slowing Economy

The dollar fell against major currencies on Tuesday amid concerns about company earnings, a lower U.S. market, an interest rate cut in Canada and the latest address from the Federal Reserve.
IBTimes Logo

Yen climbs as global risk aversion rises

The yen gained against the dollar and higher-yielding currencies for a second day on Tuesday as escalating concerns about credit turmoil prompted investors to cut back on risky positions.
IBTimes Logo

RBC profit rises 5 pct, sees growth moderating

Royal Bank of Canada reported a five-percent rise in fourth-quarter profit on Friday, as earnings growth in Canadian retail banking and wealth management offset weaker U.S. banking and capital markets results.
IBTimes Logo

Oil falls to 1-month low below $89

Oil tumbled more than $2 to a one-month low below $89 a barrel on Friday as attention returned to next week's OPEC meeting that is expected to boost output.
IBTimes Logo

Oil falls back after surge on pipeline explosion

Oil gave back nearly all of its big gains on Thursday after Enbridge Pipeline said its fire-damaged crude pipeline in Minnesota could resume normal operations within days.An explosion along the Canada-to-United States pipeline, which supplies more than 10 percent of U.S. crude imports, killed two workers and choked off crude flows Wednesday.
IBTimes Logo

Fire shuts key Canada-U.S. pipeline

An explosion crippled the biggest pipeline supplying Canadian crude to U.S. Midwest refineries, shutting off more than 1 million barrels per day of imports to the world's biggest consumer.
IBTimes Logo

Retail, wealth ops fuel TD Bank profit rise

Toronto-Dominion Bank, which plans to acquire New Jersey-based Commerce Bancorp early next year, posted a 44 percent jump in fourth-quarter profit on Thursday thanks to strong results in its wealth management and retail banking businesses.
IBTimes Logo

Oil jumps on Canada-U.S. pipeline explosion

Oil surged more than $4 a barrel on Thursday after an explosion at a major pipeline temporarily halted nearly a fifth of crude oil imports to top consumer the United States.
IBTimes Logo

Toyota to recall 215,020 Lexus, other cars in Japan

Toyota Motor Corp (7203.T) said on Wednesday it would recall 215,020 units of the Lexus GS, Crown and three other high-end car models in Japan to fix a faulty fuel pipe that could lead to a fuel leakage.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.