Skip to content
Join our Newsletter
Join our Newsletter

National Business

Stelco closes book on record year with $513M Q4 profit as steel prices boost revenues

Stelco closes book on record year with $513M Q4 profit as steel prices boost revenues

HAMILTON — Stelco Holdings Inc. capped its most successful year by swinging to a $513-million profit in the fourth quarter on a near tripling of revenues due to soaring prices. The Hamilton, Ont.-based steelmaker says it earned $6.

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 (20,744.17, down 163.65 points.) Manulife Financial Corp. (TSX:MFC). Financials. Down 28 cents, or 1.1 per cent, to $26.00 on 24.
Fendi, Cavalli open a more relaxed Milan Fashion Week

Fendi, Cavalli open a more relaxed Milan Fashion Week

MILAN (AP) — As Europe braced for winds from a possible war in Ukraine, the Italian fashion world carried on with a Milan Fashion Week that brought the return of Russian buyers after two years and the easing of pandemic travel restrictions.
Oil heading higher as Ukraine tensions escalate; price depends on what happens next

Oil heading higher as Ukraine tensions escalate; price depends on what happens next

CALGARY — Oil prices are rapidly heading toward US$100 a barrel, but analysts say the chances of crude smashing that threshold greatly depends on what happens next in Ukraine.
NBC's scores are in: Record low Olympics ratings

NBC's scores are in: Record low Olympics ratings

NEW YORK (AP) — The final scores are in, and NBC is no doubt happy to put the Beijing Winter Olympics in the rear-view mirror. The games reached an average combined audience of 11.
U.S. stock markets in correction territory, TSX down on worrying signs out of Ukraine

U.S. stock markets in correction territory, TSX down on worrying signs out of Ukraine

TORONTO — North American stock markets faded midweek with all three U.S. markets moving into correction territory while crude oil prices continued to rise on mounting tensions in Ukraine.
How to navigate travel insurance ahead of spring break as pandemic restrictions ease

How to navigate travel insurance ahead of spring break as pandemic restrictions ease

MONTREAL — With the Omicron variant in retreat, Canadians looking to get away for spring break now have a more robust range of travel insurance options.
Gildan Activewear unveils three-year growth targets after boosting dividend

Gildan Activewear unveils three-year growth targets after boosting dividend

Gildan Activewear Inc. raised its dividend nearly 10 per cent Wednesday as it laid out its plan to grow sales and earnings over the next three years.
New office tower planned for the Bay building in downtown Vancouver

New office tower planned for the Bay building in downtown Vancouver

VANCOUVER — The redevelopment plan for the Hudson's Bay building in downtown Vancouver will include a 12-storey office tower that keeps the century-old facade of the retail store. Hudson's Bay Co.
Bausch Health reports US$69-million Q4 profit compared with loss a year ago

Bausch Health reports US$69-million Q4 profit compared with loss a year ago

LAVAL, Que. — Bausch Health Companies Inc. reported a profit in its latest quarter compared with a loss a year earlier. The company, which keeps is books in U.S.
push icon
Be the first to read breaking stories. Enable push notifications on your device. Disable anytime.
No thanks