China

With many of China’s 1.3 billion people eating them every day, it’s not surprising that instant noodles are big business in China where an […]

Rankin admits to stock tipping, gets

A surprise settlement deal approved by the Ontario Securities Commission has given new ammunition to critics who say that those who breach securities law in […]

U.S. Fed downgrades economic forecast

WASHINGTON–The U.S. Federal Reserve has lowered its projection for economic growth this year, citing damage from the double blows of a U.S. housing slump […]

Businesses want stability in Andean trade pact

MIAMI — Although Congress plans a short-term extension for the soon-to-expire Andean trade benefits program, U.S. importers and producers in the region are increasingly […]

Is Telus preparing to switch to GSM?

Darren Entwistle, the CEO of Telus Corp., refused to comment yesterday on speculation the phone company is mulling a pricey swap of its wireless network […]

U.S. economic outlook deteriorating, Fed says

WASHINGTON–Federal Reserve Chairman Ben Bernanke told Congress Thursday that the country’s economic outlook has deteriorated and signaled that the central bank is ready to […]

Energy stocks boost TSX

Higher energy stocks helped send the Toronto stock market to a minor gain late Wednesday morning.
The tech sector also supported the TSX on […]

Pension funds seeking to buy Air Canada, Milton reveals

Talk about a change of heart.
Shortly after becoming CEO of Air Canada in 1999, Robert Milton wrapped himself in the flag and fought a hostile […]

U.S. budget boosts defence, cuts health care

WASHINGTON – The Bush administration unveiled a massive $3.1-trillion budget today with soaring deficits.
Main features of the proposed spending plan call for sizable […]

Imperial Oil posts record high profit in 2007

CALGARY – Higher crude prices, smooth-running marketing and refinery operations and higher volumes from the Syncrude oilsands project helped power Imperial Oil Ltd. (TSX: […]