Business News
Asia stocks soar after U.S. rally; Nikkei up 13 per cent
HONG KONG - Asian markets soared for a second day Tuesday, led by a stunning 13 per cent jump in Tokyo, after Wall Street rallied from its worst week ever on optimism that government rescue efforts wi...
Teck sells Fording units to a Canadian bank for $2.3 billion
VANCOUVER - Teck Cominco Ltd. (TSX:TCK.B), a major Vancouver miner, says it has struck a deal to sell about 27.6 million units of Fording Canadian Coal Trust (TSX:FDG.UN) to a Canadian bank in a move ...
Nikkei index soars more than 12 per cent
TOKYO - Japanese shares rallied more than 12 per cent in early trade Tuesday in line with a strong rebound in the global market as investors cheered widespread government efforts to shore up the world...
Asian stocks soar after US rally; Nikkei up 13 per cent
HONG KONG - Japan's stock market soared in early trading Tuesday, leading a second-day rally in Asian stocks after Wall Street staged a dramatic comeback from its worst week ever. Sparked by global...
Source says U.S. government plans to greatly expand protections for banks
WASHINGTON - The U.S. government plans to greatly expand protections for the U.S. banking system out of deep concern for the faltering economy, an industry official said Monday night after banking exe...
GM to close Mich. stamping plant, cut 1,340 jobs
DETROIT - The U.S. automotive sales slump worked its way to two Midwestern automaking towns Monday when General Motors Corp. announced it would close a Michigan metal stamping plant and stop making sp...
Wall Street soars 936 points as government pledges bank aid
NEW YORK - Wall Street stormed back from last week's devastating losses Monday, sending the Dow Jones industrials soaring a nearly inconceivable 936 points after major governments' plans to support th...
Oil prices rebound after last week's huge losses
NEW YORK - Oil prices rebounded from a 13-month low Monday, pushing above US$81 a barrel after the dollar weakened and investors trickled back into financial markets on hopes that a globally coordinat...
Underwear entrepreneur wants to broaden appeal of cheeky products
MONTREAL - Le Chateau founder Hershel Segal is sporting a cheeky fashion accessory these days he hopes more Canadians will secretly wear under their business attire. "I have them on right now," the...
Wall Street soars 938 points as government pledges bank aid
NEW YORK - Wall Street has stormed back from last week's devastating losses, sending the Dow Jones industrials soaring a nearly inconceivable 938 points after major governments' plans to support the g...
Lottery results for Mon, Oct 13
