Skip to content

National Business

Asian shares rise on hopes central banks may act on outbreak

Asian shares rise on hopes central banks may act on outbreak

TOKYO — Asian shares rose Tuesday amid hopes that central banks will take action to shield the global economy from the effects of the coronavirus outbreak. Japan's Nikkei 225 gained 0.5% in morning trading to 21,441.82.
ECB's Lagarde: 'Ready to take targeted action' on economy

ECB's Lagarde: 'Ready to take targeted action' on economy

FRANKFURT — The head of the European Central Bank said Monday that Europe's top monetary authority is ready to take “appropriate and targeted measures” if necessary to support the economy against the headwinds from the new coronavirus.
Ontario signs Ring of Fire agreements with two northern First Nations

Ontario signs Ring of Fire agreements with two northern First Nations

TORONTO — Ontario has signed agreements with two Indigenous communities in a move the government says is a step forward in its plans to build road access to the Ring of Fire region.
North American stock markets rally on growing rate cut expectations

North American stock markets rally on growing rate cut expectations

TORONTO — Canada's main stock index had its best day in 14 months as North American stock markets rebounded strongly on expectations that central banks will cut interest rates in order to offset the economic damage caused by the spread of the novel c
Suncor files application for base oilsands mine extension with federal agency

Suncor files application for base oilsands mine extension with federal agency

CALGARY — The Impact Assessment Agency of Canada is inviting public and Indigenous comment on a Suncor Energy Inc.

Most actively traded companies on the TSX

TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (16,553.26, up 290.21 points at 16,553.26.) Bombardier Inc. (TSX:BBD.B). Industrials. Up 10 cents, or 10.42 per cent, to $1.06 on 28.
TD Bank Group chief executive's total compensation down in 2019 from 2018

TD Bank Group chief executive's total compensation down in 2019 from 2018

TORONTO — The chief executive of TD Bank Group saw his total compensation for 2019 fall compared with 2018 when his received a special one-time stock option award of $1.9 million.
Jack Welch, the GE chief who became a superstar, has died

Jack Welch, the GE chief who became a superstar, has died

BOSTON — Jack Welch, who transformed General Electric Co. into a highly profitable multinational conglomerate and parlayed his legendary business acumen into a retirement career as a corporate leadership guru, has died. He was 84.

HUB International buys Morneau Shepell's benefits consulting business for $70M

TORONTO — Insurance brokerage HUB International Ltd. has signed a deal to acquire Morneau Shepell Inc.'s benefits consulting practice. Morneau Shepell says Hub paid $70 million for the business.
Factories expand despite virus, though deliveries slow

Factories expand despite virus, though deliveries slow

WASHINGTON — American factories expanded in February for the second straight month, despite disruptions caused by the coronavirus outbreak. The winning streak, however, may prove short-lived.