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Oil jumps on Wall Street rally, weak U.S. dollar
Oil futures rose three per cent Wednesday, rallying in tandem with share prices on Wall Street and in reaction to a weaker U.S. dollar, ahead of U.S. government data likely to show a smaller build in crude inventories in the latest week.
Posted on 3-30-2016 at 11:41 AM
Bombardier still waiting for Quebec to formalize bailout
The delay comes as Bombardier awaits a decision on an additional US$1-billion investment from Ottawa. Bombardier formally asked for federal help on Dec. 11.
Posted on 3-30-2016 at 10:57 AM
Ontario Teachers’ Pension Plan posts 13% return in 2015
The Ontario Teachers’ Pension Plan earned a 13-per-cent rate of return on its investments in 2015, boosting its funding surplus.
Posted on 3-30-2016 at 10:36 AM
Cequence Energy abruptly replaces CEO, dismisses senior executives
Cequence Energy Ltd. has abruptly replaced its chief executive and dismissed two of its vice-presidents as part of a strategic change in direction and cost-cutting efforts due to low natural gas prices.
Posted on 3-30-2016 at 9:08 AM
Wells Fargo plans quiet assault on Wall Street from glass tower
As Wall Street remakes itself on a former rail yard in the far west of Midtown Manhattan, one surprising name is leading the way.
Posted on 3-30-2016 at 9:01 AM
Valeant seeks waiver from lenders related to filing annual report
Valeant Pharmaceuticals International Inc said it had asked its lenders to agree to waive a condition of its credit facility that would put it in breach of covenants if the company did not file its annual report by April 29, as planned.
Posted on 3-30-2016 at 8:22 AM
Dollarama names new CEO, hikes dividend as profit rises
Canadian discount retailer Dollarama Inc reported a 25 per cent jump in quarterly net profit as comparable store sales rose nearly 8 per cent.
Posted on 3-30-2016 at 8:10 AM
Giant airships one step closer to use in Alberta oilsands, Canada's North
The long-held vision of giant airships nearly the length of a Canadian football field delivering workers and supplies to the oilsands and the North's mining sector is a step closer to reality.
Posted on 3-30-2016 at 8:07 AM

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