National Business

TORONTO — Globalive is looking to return to the Canadian wireless market with an offer to buy spectrum licenses from former wireless company Xplore Mobile.

OTTAWA — What goes up doesn't necessarily come down. That's contrary to the sentiment of a surprisingly large proportion of respondents to the Bank of Canada's quarterly consumer expectations survey, released last week.

TORONTO — Five things to watch for in the Canadian business world in the coming week: Rogers-Shaw appeal The Federal Court of Appeal will hear the Competition Bureau's appeal of a decision that cleared the way for Rogers Communication Inc.

TORONTO — As workers in Toronto's Financial District scurry through the Brookfield Place food court on their lunch breaks, the darkened Starbucks at the space's far end looms large.

OTTAWA — The ongoing affordability crunch and the threat of a looming recession will be front and centre as the federal Liberal cabinet holds a post-holiday cabinet retreat this week.

SAN FRANCISCO (AP) — Elon Musk took the witness stand Friday to defend a 2018 tweet claiming he had lined up the financing to take Tesla private in a deal that never came close to happening.

TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (20,503.21, up 161.77): Enbridge Inc. (TSX:ENB). Energy. Up 28 cents, or 0.50 per cent, to $56.02 on 12 million shares. BlackBerry Ltd.

WASHINGTON — The relationship between Canada and Mexico has long been the weak link in North America's trilateral triangle, and foreign policy experts say reinforcing it will be key if the continent is to realize its true economic potential.

TORONTO — Canada's main stock index was up more than 150 points Friday on broad-based gains, while U.S. markets also rose with an end-of-week rally driven by significant strength in the tech sector. The S&P/TSX composite index was up 161.

NEW YORK — A rally for tech stocks applied some salve on Wall Street’s rough week, one dominated by worries about a weakening economy. The S&P 500 rose 1.9% Friday, but still ended with its first weekly loss in the last three. The Nasdaq added 2.