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National Business
Stock market today: Wall Street falls with markets worldwide after weak economic data from China
NEW YORK (AP) — Stocks worldwide are falling Tuesday as China’s faltering recovery raises worries for the rest of the global economy. The S&P 500 sank 0.
Aug 15, 2023 8:46 AM
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Texas sues Shell over May fire at Houston-area petrochemical plant
AUSTIN, Texas (AP) — Texas is suing Shell and is seeking more than $1 million, alleging a fire at the oil giant's Houston-area petrochemical plant damaged the environment.
Aug 15, 2023 8:18 AM
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July home sales see largest annual rise in two years: CREA
July home sales saw the largest year-over-year increase in more than two years, but were little changed from June, the Canadian Real Estate Association said Tuesday. On a non-seasonally adjusted basis, sales edged up 8.
Aug 15, 2023 8:06 AM
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Statistics Canada reports manufacturing sales down 1.7 per cent in June
OTTAWA — Statistics Canada says manufacturing sales fell 1.7 per cent to $71.5 billion in June, led by a drop in sales in the petroleum and coal product, chemical and machinery subsectors.
Aug 15, 2023 8:00 AM
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Ontario Teachers earned 1.9% net return for first half of 2023
TORONTO — The Ontario Teachers' Pension Plan Board says it earned a net return of 1.9 per cent for the first six months of the year. The pension fund's total net assets stood at $249.8 billion at June 30, up from $247.2 billion at Dec. 31, 2022.
Aug 15, 2023 7:19 AM
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Retail sales rose solidly last month in a sign that consumers are still spending freely
NEW YORK (AP) — Americans increased their purchases at retailers last month – for clothing, dining out, online goods and other areas – in a sign that solid consumer spending is still powering a resilient U.S. economy.
Aug 15, 2023 7:04 AM
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Here's a list of July inflation rates for selected Canadian cities
OTTAWA — Canada's annual inflation rate was 3.3 per cent in July, Statistics Canada says.
Aug 15, 2023 5:59 AM
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Here's a list July inflation rates for Canadian provinces
OTTAWA — Canada's national annual inflation rate was 3.3 per cent in July, Statistics Canada says. Here's what happened in the provinces (previous month in brackets): — Newfoundland and Labrador: 2.5 per cent (1.7) — Prince Edward Island: 2.
Aug 15, 2023 5:58 AM
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Shawcor sells substantial part of pipeline and pipe services business for $220M
TORONTO — Shawcor Ltd. has signed a deal to sell a substantial part of its pipe coating division to Tenaris S.A. for about $220 million.
Aug 15, 2023 5:28 AM
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Russia's central bank makes huge interest rate hike to try to prop up falling ruble
TALLINN, Estonia (AP) — Russia’s central bank made a big interest rate hike Tuesday, an emergency move designed to fight inflation and strengthen the ruble after the country's currency reached its lowest value since early in the war with Ukraine.
Aug 15, 2023 5:06 AM
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