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Business
Linamar reports first-quarter profit of $48.4M, up from $38.4M a year ago
GUELPH, Ont. - Linamar Corp. (TSX:LNR) said Wednesday it earned $48.4 million in its first quarter, up from $38.4 million a year ago, helped by improved margins.
Canadian dollar ahead amid positive tone from world markets, commodities
TORONTO - The Canadian dollar was ahead Wednesday amid a generally positive tone on world markets and strengthened commodity prices.
Dow Jones industrial average holds above 15,000 a day after it hit record
NEW YORK, N.Y. - The Dow Jones industrial average held above 15,000 a day after it closed above the landmark level for the first time.
Sun Life Financial worked to grow in Asia and lower risk last year
TORONTO - Sun Life Financial Inc. (TSX:SLF) says it worked to lower risk and expand its geographic footprint in Asia amid stagnant interest rates last year.
Quebecor won't rule out further cost-cutting at newspaper business
MONTREAL - Quebecor won't rule out further cost-cutting efforts to address declining advertising revenues facing its newspaper business, outgoing CEO Pierre Karl Peladeau said Wednesday.
Oat and soybean prices rise on the CBOT; beef prices fall
CHICAGO - Grains futures were mixed Wednesday on the Chicago Board of Trade.
Fast insists EU talks making progress as another round comes and goes
OTTAWA - Canadian Trade Minister Ed Fast insisted Wednesday he is not worried about missed deadlines in free trade talks with Europe as negotiators wrapped up a scheduled three-day session in Brussels with no apparent deal.
Fast insists EU talks making progress as another round comes and goes
OTTAWA - Canadian Trade Minister Ed Fast insisted Wednesday he is not worried about missed deadlines in free trade talks with Europe as negotiators wrapped up a scheduled three-day session in Brussels with no apparent deal.
Kenyan company turns old sandals into colorful array of toys and safari animals
NAIROBI, Kenya - The colorful handmade giraffes, elephants and warthogs made in a Nairobi workshop were once only dirty pieces of rubber cruising the Indian Ocean's currents.
Company decisions hurt Poland's hopes for shale gas industry
WARSAW, Poland - News that Talisman Energy Inc. and Marathon Oil are pulling out of exploration for shale gas in Poland is a blow to the country's hopes that its deposits of the hydrocarbon will soon cut its dependence on Russian supplies and support the weakening economy.
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