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National Business
National Business
Billionaire and philanthropist Michael DeGroote dies at 89
Billionaire, entrepreneur and philanthropist Michael DeGroote died earlier this week, almost a month after his 89th birthday. DeGroote was well known for his contributions to Hamilton, Ont.
Sep 16, 2022 10:45 AM
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Pentwater Capital Management increases stake in Turquoise Hill Resources
TORONTO — Pentwater Capital Management LP says it has increased its stake in Turquoise Hill Resources Ltd. to 13.77 per cent.
Sep 16, 2022 10:40 AM
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CMHC reports annual rate of housing starts in August down from July
OTTAWA — Canada Mortgage and Housing Corp. says the annual pace of housing starts in August slowed compared with July.
Sep 16, 2022 10:40 AM
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After climate bill passage, WVa natural gas plant unveiled
CHARLESTON, W.Va. (AP) — A Maryland company announced Friday it will build a natural gas power plant designed to capture climate-changing carbon in northern West Virginia.
Sep 16, 2022 10:12 AM
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Statistics Canada says wholesale sales down 0.6 per cent at $80.2B in July
OTTAWA — Statistics Canada says wholesale sales fell 0.6 per cent in July to $80.2 billion, led by a drop in the personal and household goods subsector.
Sep 16, 2022 7:06 AM
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Agnico Eagle signs deal to partner with Teck on mine in Mexico
VANCOUVER — Agnico Eagle Mines Ltd. has signed a deal with Teck Resources Ltd. to take a 50 per cent stake in a copper-zinc project in Mexico for US$580 million.
Sep 16, 2022 6:52 AM
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Germany takes control of 3 Russian-owned oil refineries
BERLIN (AP) — Germany is taking control of three Russian-owned refineries in the country to ensure energy security before an embargo on oil from Russia takes effect next year, officials said Friday.
Sep 15, 2022 11:13 PM
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Kanye West and Gap splitting up after 2 years
NEW YORK (AP) — Kanye West is breaking up with the Gap.
Sep 15, 2022 6:37 PM
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Ukrainian president: Mass grave found near recaptured city
IZIUM, Ukraine (AP) — Ukrainian authorities found a mass burial site near a recaptured northeastern city previously occupied by Russian forces, President Volodymyr Zelenskyy announced Thursday night.
Sep 15, 2022 4:57 PM
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Tentative labor deal averts threat of nationwide rail strike
WASHINGTON (AP) — Rail companies and their workers reached a tentative agreement Thursday to avert a nationwide strike that could have shut down the nation's freight trains and devastated the economy less than two months before the midterm elections.
Sep 15, 2022 3:56 PM
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