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Statistics Canada says household debt-to-income ratio climbed higher in third quarter
OTTAWA — Canadian households' debt-to-income ratio rose in the third quarter as rising interest rates affected the cost of borrowing. There was $1.
Dec 12, 2022 12:06 PM
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Microsoft taking 4% stake in London Stock Exchange
Microsoft is taking a roughly 4% stake in the operator of the London Stock Exchange, which has agreed to spend at least $2.8 billion in cloud-computing services from the technology giant.
Dec 12, 2022 11:38 AM
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Amgen to buy Horizon Therapeutics in $26.4B deal
Amgen is spending more than $26 billion to dive deeper into rare disease treatments with a deal for drugmaker Horizon Therapeutics. The biotech drug developer said Monday that it will pay $116.
Dec 12, 2022 9:49 AM
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Activist investor seeking to replace four trustees on First Capital REIT board
VANCOUVER — Activist investor Sandpiper Group is seeking to replace four of the nine trustees at First Capital Real Estate Investment Trust, including chair Bernard McDonell.
Dec 12, 2022 8:58 AM
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Europe shifts focus to avoiding energy shortage next year
The heads of the International Energy Agency and European Union's executive branch said Monday that the 27-nation bloc is expected to weather an energy crisis this winter but needs to speed renewables to the market and take other steps to avoid a pot
Dec 12, 2022 8:22 AM
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Pembina signs deal to sell stake in Key Access Pipeline System
CALGARY — Pembina Pipeline Corp. has signed a deal to sell Pembina Gas Infrastructure's 50 per cent interest in the Key Access Pipeline System to private equity firm Stonepeak Partners LP for $662.5 million.
Dec 12, 2022 6:41 AM
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Twitter relaunching subscriber service after debacle
NEW YORK (AP) — Twitter is once again attempting to launch its premium service, a month after a previous attempt failed .
Dec 12, 2022 5:17 AM
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Five things to watch for in the Canadian business world in the coming week
TORONTO — Five things to watch for in the Canadian business world in the coming week
Dec 11, 2022 8:00 AM
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'It is your new normal': Canada's aging work force root of national labour shortage
CALGARY — When Dan Gallagher looks around his company, he sees a lot of retirement parties in his future. While it's not something he formally tracks, the CEO of Mikisew Group — a Fort McMurray, Alta.
Dec 11, 2022 8:00 AM
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Japanese company's lander rockets toward moon with UAE rover
CAPE CANAVERAL, Fla.
Dec 11, 2022 2:24 AM
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