Canadian Tire reports summer profit rise

Canadian Tire Corp. rang up a 6.3 per cent increase in summer-quarter profit as retail sales and other revenue increased over the same period last […]

Commerzbank may seek state capital : sources

Commerzbank is interested in a state capital injection that could see Germany take a stake in the country’s second-biggest bank, according to sources familiar […]

Schnucks takes over three Metro East grocery stores

Schnuck Markets Inc. today announced the purchase of two Metro East grocery stores and the acquisition of the lease on a third store.
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Qwest, CWA reach tentative agreement

Qwest Communications International Inc. reported just after midnight Friday that it has reached a tentative contract agreement with negotiators from the main union covering more […]

China urges fund JVs to give health of foreign partners

China’s securities watchdog has urged fund ventures partly owned by foreign financial institutions to disclose the financial state of their partners, reflecting increasing government […]

Wall Street losing faith in banks

A day after the historic takeover of AIG and two days after the bankruptcy of Lehman Brothers, investors seemed to be betting that commercial […]

Fed leaves U.S. rates steady

WASHINGTON – The U.S. Federal Reserve says strains in financial markets have "increased significantly" but it has kept its key interest rate unchanged.
The […]

Citi

It’s early days but after half a year, Citigroup Inc (C.N: Quote, Profile, Research, Stock Buzz) Chief Executive Vikram Pandit may be doing a […]

Big oil defends profits as U.S. senators cry windfall

WASHINGTON–As oil for July delivery passed $133 (U.S.) a barrel in New York yesterday, executives of the five largest oil companies tried to shift […]

McGuinty wants Ottawa

Premier Dalton McGuinty is re-launching his push to get a better deal from Ottawa in the wake of a Toronto-Dominion Bank report Ontario is about […]