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National Business
National Business
US jury convicts Mozambique’s ex-finance minister Manuel Chang in ‘tuna bonds’ corruption case
NEW YORK (AP) — Former Mozambican Finance Minister Manuel Chang was convicted Thursday in a financial conspiracy case that welled up from from his country's “ tuna bond ” scandal and swept into a U.S. court.
Aug 8, 2024 3:49 PM
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B.C. fisherman fined $33K for harvesting in 'globally unique' glass-sponge reefs
VANCOUVER — The owner of a commercial halibut vessel in British Columbia has received more than $33,000 in fines for fishing in a marine protected area containing glass sponge reefs unique to the waters of the Pacific Northwest.
Aug 8, 2024 3:36 PM
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RioCan earnings rise to $122.4 million in second quarter
TORONTO — RioCan Real Estate Investment Trust says its net income for the second quarter was $122.4 million, up from $112.0 million during the same quarter last year. RioCan says its revenues totalled $292.2 million, up from $276.
Aug 8, 2024 3:17 PM
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Sleep Country earnings rise as direct-to-consumer brands help buffer softer spending
TORONTO — Sleep Country Canada Holdings Inc. says it earned $15.8 million in its second quarter, up from $12.7 million a year earlier. The Toronto-based company says its revenues for the quarter were $232.5 million, up from $217.
Aug 8, 2024 2:58 PM
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Fight brewing at CRTC over first Online News Act payment by Google
OTTAWA — A new fight is playing out at the Canadian Radio-television and Telecommunications Commission over the first $100-million annual payment Google agreed to pay Canadian news outlets.
Aug 8, 2024 2:54 PM
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Court hears arguments in civil suit filed by Frank Stronach's granddaughter
An Ontario Superior Court heard arguments on Thursday in a lawsuit filed by Frank Stronach's granddaughter, who is seeking an order compelling the family business to disclose any documents that might exist related to complaints of sexual misconduct a
Aug 8, 2024 2:50 PM
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Pembina Pipeline earns $479 million in second quarter, ups full-year forecast
CALGARY — Pembina Pipeline Corp. says it earned $479 million in its second quarter of this year, a 32-per-cent increase over the same period in 2023.
Aug 8, 2024 2:41 PM
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Quebecor calls on regulator to address network access issues as it pushes expansion
Quebecor Inc. says it's pushing Canada's telecom regulator to help resolve network access issues that are holding back the Quebec-based company's expansion plans.
Aug 8, 2024 2:36 PM
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Wall Street rallies to its best day since 2022 on encouraging unemployment data; S&P 500 jumps 2.3%
NEW YORK (AP) — U.S. stocks rallied Thursday in Wall Street’s latest sharp swerve after a better-than-expected report on unemployment eased worries about the slowing economy . The S&P 500 jumped 2.
Aug 8, 2024 2:36 PM
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Court approves Postmedia bid for insolvent Atlantic newspaper chain
HALIFAX — Postmedia Network Inc. has won court approval for its bid to buy Atlantic Canada's largest newspaper chain, but the company says the acquisition will lead to job cuts.
Aug 8, 2024 2:04 PM
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