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U.S. dollar rises to 4-month high as GDP tops forecasts; euro drops

The dollar rose to a four-month high after the U.S. economy grew more than forecast in the second quarter, boosting speculation the Federal Reserve will raise interest rates by the middle...

Posted on 7-30-2014 at 10:39 AM

Raitt unveils panel that will oversee new Detroit-Windsor bridge

Caroline Mulroney Lapham, the daughter of former prime minister Brian Mulroney, has been appointed to the board of Crown Corporation that will oversee the construction and operation of a...

Posted on 7-30-2014 at 11:05 AM

U.S. economy rebounds strongly in second quarter

U.S. economic growth accelerated more than expected in the second quarter and the decline in output in the prior period was less steep than previously reported, which could bolster views...

Posted on 7-30-2014 at 8:35 AM

CGI keen to ‘pull the trigger’ on another acquisition

CGI Group Inc. reported a 26 percent jump in third-quarter profit on Wednesday, helped by stronger revenue.

Posted on 7-30-2014 at 8:20 AM

PetroChina surges as corruption probe diminishes investor concerns

The company at the center of China’s anti-corruption offensive may be set to reward investors who stuck with it.

Posted on 7-30-2014 at 8:11 AM
Five-year mortgages holding firm, but just wait

Five-year mortgages holding firm, but just wait

Rewind seven months and economists were predicting that five-year fixed mortgage rates would creep up a bit this year. But they've done nothing but fall so far. So what happened?

Posted on 7-30-2014 at 8:01 AM

Penn West may face lawsuits for accounting irregularities

Penn West Petroleum Ltd. shares skidded 15 per cent on Wednesday as investors fretted about damage that could stem from alleged accounting irregularities that have forced the oil producer...

Posted on 7-30-2014 at 7:47 AM

Cenovus profit triples as oil sands production jumps

Cenovus Energy Inc, Canada’s No.2 independent oil producer, said its second-quarter profit more than tripled, helped by increased production at its Christina Lake oil sands project in...

Posted on 7-30-2014 at 7:35 AM

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