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National Business
National Business
S&P/TSX composite flat to end losing week while U.S. markets fall
TORONTO — Canada's main stock index closed the week essentially unchanged to cap off a losing week, while U.S. markets fell after the Federal Reserve's latest moves to fight inflation. The S&P/TSX composite index closed down 0.
Dec 17, 2021 1:58 PM
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Canadian investors should brace for average returns after strong 2021, experts say
TORONTO — After enjoying a spectacular stock market run this past year, Canadian investors should be prepared for "muted" returns in 2022 as central banks end the stimulus gravy train, experts say.
Dec 17, 2021 1:38 PM
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Ghislaine Maxwell declines to testify as defense rests case
NEW YORK (AP) — Ghislaine Maxwell's defense rested its case Friday after two days of presenting evidence on the British socialite's behalf. Not among that evidence: testimony from the longtime Jeffrey Epstein associate herself.
Dec 17, 2021 1:14 PM
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Melania Trump announces NFT venture
NEW YORK (AP) — In exchange for a cryptocurrency token, you can own a digital watercolor painting of Melania Trump's eyes.
Dec 17, 2021 11:32 AM
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WestJet names Austrian Airlines CEO Alexis von Hoensbroech as next CEO
CALGARY — The WestJet Group says Austrian Airlines CEO Alexis von Hoensbroech has been named as its next chief executive.
Dec 17, 2021 7:15 AM
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Federal banking regulator holds uninsured mortgage stress test rate steady
OTTAWA — The federal banking regulator is keeping the interest rate used in a key stress test for uninsured mortgages on hold.
Dec 17, 2021 6:34 AM
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Germany: Merkel's party chooses conservative Merz as leader
BERLIN (AP) — Members of Germany's biggest opposition party, the center-right Christian Democratic Union of former Chancellor Angela Merkel, chose prominent conservative Friedrich Merz as its new leader, the party said Friday.
Dec 17, 2021 5:35 AM
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Imperial Oil expects $1.4 billion in capital spending next year
CALGARY — Imperial Oil Ltd. says it expects its capital spending to total $1.4 billion next year.
Dec 17, 2021 5:28 AM
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Calfrac Well Services names George Armoyan as interim chief executive
CALGARY — Calfrac Well Services Ltd. says George Armoyan has been appointed as interim chief executive officer. In connection with the change, Ronald Mathison move from his role as executive chairman to just chairman of the company.
Dec 17, 2021 5:11 AM
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Glamour night for Bosnia migrants presenting fashion brand
SARAJEVO, Bosnia-Herzegovina (AP) — For an evening, some migrants in Bosnia were able to escape the hardship of their everyday lives for the glamour of fashion world.
Dec 17, 2021 3:15 AM
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