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National Business
House Republicans pass US debt bill, push Biden on spending
WASHINGTON (AP) — House Republicans narrowly passed sweeping legislation Wednesday that would raise the government's legal debt ceiling by $1.
Apr 26, 2023 6:49 PM
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Teck says Glencore bid remains 'non-starter,' but leaves door open for suitors
Teck Resources Ltd.'s move to cancel a key shareholder vote on its plan to separate its businesses may be seen as a win for Glencore in its ongoing campaign to acquire the Vancouver-based mining company.
Apr 26, 2023 5:32 PM
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Most actively traded companies on the Toronto Stock Exchange
TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (20,366.72, down 73.15): Cenovus Energy Inc. (TSX:CVE). Energy. Down 86 cents, or 3.71 per cent, to $22.32 on 9.7 million shares.
Apr 26, 2023 5:12 PM
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Industrial and energy stocks drag down S&P/TSX composite, U.S. stock markets mixed
TORONTO — Canada's main stock index was down at the market close on Wednesday, driven by drops in industrials and energy stocks, while U.S. stock markets were mixed. The S&P/TSX composite index was down 73.15 points at 20,366.72.
Apr 26, 2023 4:35 PM
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UK blocks Microsoft-Activision gaming deal, biggest in tech
LONDON (AP) — British antitrust regulators on Wednesday blocked Microsoft’s $69 billion purchase of video game maker Activision Blizzard, thwarting the biggest tech deal in history over worries that it would stifle competition for popular titles like
Apr 26, 2023 3:26 PM
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Ukraine's Zelenskyy upbeat after talk with China's Xi
KYIV, Ukraine (AP) — Ukrainian President Volodymyr Zelenskyy said he and Chinese leader Xi Jinping had a “long and meaningful” phone call Wednesday, their first known contact since Russia invaded Ukraine over a year ago
Apr 26, 2023 2:40 PM
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Precision Drilling reports $95.8M Q1 profit, revenue up nearly 60% from year ago
CALGARY — Precision Drilling Corp. reported a first-quarter profit compared with a loss a year ago as its revenue rose nearly 60 per cent, helped by stronger drilling activity and price increases in the U.S. and Canada.
Apr 26, 2023 2:29 PM
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Australian coal company withdraws plan for mine in Alberta foothills
An Australian coal company is withdrawing its plan for a mine in the Crowsnest Pass region of the eastern slopes of Alberta's Rocky Mountains.
Apr 26, 2023 2:25 PM
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Stellantis to offer buyouts amid electric vehicle transition
DETROIT (AP) — Another automaker is trying to cut its workforce to trim expenses and stay competitive as the industry makes the long and costly transition to electric vehicles.
Apr 26, 2023 2:23 PM
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Bank of Canada considered raising interest rates at its last meeting
OTTAWA — The Bank of Canada considered raising interest rates earlier this month, as it feared being too slow to react to sticky inflation.
Apr 26, 2023 1:37 PM
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