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Business Canada

  • Participants at the First Global International Robot Olympics, an international robotic challenge, on July 17, 2017 in Washington, DC.

    Six teenagers from a Burundi robotics team are missing after a competition in D.C., and two of them were seen entering Canada, police said.

  • MONDAY, JULY 24 TOKYO- Bank of Japan releases minutes of Monetary Policy Meeting held on June 15 and 16 2350 GMT. WEDNESDAY, JULY 26 TOKYO- Bank of Japan Deputy Governor Hiroshi Nakaso speaks to business leaders in Hiroshima- 0130 GMT. OAKDALE, Minneapolis- Federal Reserve Bank of Minneapolis President Neel Kashkari participates in a moderated...

  • MONDAY, JULY 24 TOKYO- Bank of Japan releases minutes of Monetary Policy Meeting held on June 15 and 16 2350 GMT. WEDNESDAY, JULY 26 TOKYO- Bank of Japan Deputy Governor Hiroshi Nakaso speaks to business leaders in Hiroshima- 0130 GMT. OAKDALE, Minneapolis- Federal Reserve Bank of Minneapolis President Neel Kashkari participates in a moderated...

  • WASHINGTON/ OTTAWA, July 20- Top Canadian and Mexican diplomats expressed optimism on Thursday that a NAFTA deal could be reached early next year and cautioned that widespread uncertainty over the future of the three-way trade agreement had slowed business investment. Mexico's ambassador to the United States, Geronimo Gutierrez, said his country wanted to...

  • Sears Holdings Corp., up 92 cents to $9.60. Abbott Laboratories, up $1.42 to $50.85. The utility company will be bought by Ontario power company Hydro One for $5.3 billion, or $53 a share.

  • ROME/ WINNIPEG, Manitoba, July 20- All packets of pasta and rice sold in Italy will have to include labels of origin showing where the produce was grown, the government ruled on Thursday, in a move it said was aimed at protecting local farmers. "We are putting Italy in the vanguard of Europe when it comes to labelling as a competitive tool for the Italian sector,"...

  • *Canadian dollar at C $1.2588, or 79.44 U.S. cents. "The Canadian dollar is riding high, but it won't last forever, and any signs of weakness in inflation and in consumer spending could cause a sharp reversal," said Adam Button, currency analyst at ForexLive in Montreal. The currency traded in a range of C $1.2541, its strongest since early May 2016, and C $1.2640.

  • WASHINGTON/ OTTAWA, July 20- Top Canadian and Mexican diplomats expressed optimism on Thursday that a NAFTA deal could be reached early next year and cautioned that widespread uncertainty over the future of the three-way trade agreement had slowed business investment. Mexico's ambassador to the United States, Geronimo Gutierrez, said his country wanted to...

  • CONCORD, N.H.— Supporters of a controversial project that would bring Canadian hydro power to markets in southern New England like to talk about how this would use much cleaner energy than the coal-fired power plants that once dominated the region. Plans call for building a 192- mile transmission line in New Hampshire— from Pittsburg to Deerfield— carrying...

  • RIO DE JANEIRO, July 20- Brazil's Vale SA said on Thursday that iron ore output would close the year near the bottom of its forecast of 360 million to 380 million tonnes, despite record production for a second quarter in the April-to-June period. Iron ore output was spurred by record production of 41.5 million tonnes in Vale's so-called northern system, which...

  • TORONTO _ Rogers Communication Inc. on Thursday reported second-quarter earnings of $394.7 million. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 71 cents per share. Four analysts surveyed by Zacks expected $2.76 billion.

  • BHP has signaled it may push ahead with its long-dormant Jansen potash mine in Canada in a counter-cyclical play to capture part of what it sees as a $50 billion- a-year market by the mid 2040 s. Jansen is already under construction but requires BHP's board to approve another $4.7 billion to bring the mine into production. Chief Executive Andrew Mackenzie said in...

  • Health care companies including Abbott Laboratories are rising as investors focus on quarterly results, while weaker reports are putting a dent in industrial and basic materials companies. HEALTHY, WEALTHY: Abbott Laboratories, which makes infant formula, drugs and medical devices, gained $1.55, or 3.1 percent, to $50.98 after reporting results that were...

  • **TOKYO- Bank of Japan Governor Haruhiko Kuroda holds a news conference after their policy decision 0630 GMT. FRANKFURT- ECB Governing Council meeting, followed by interest rate announcement. FRANKFURT- ECB President Mario Draghi holds a press conference following the Governing Council meeting and the interest rate meeting- 1330 GMT.

  • **TOKYO- Bank of Japan Governor Haruhiko Kuroda holds a news conference after their policy decision 0630 GMT. FRANKFURT- ECB Governing Council meeting, followed by interest rate announcement. FRANKFURT- ECB President Mario Draghi holds a press conference following the Governing Council meeting and the interest rate meeting- 1330 GMT.

  • CALGARY, Alberta, July 19- Little major construction will happen on Kinder Morgan Canada Ltd's Trans Mountain pipeline expansion this year although construction remains on schedule to begin in September, company President Ian Anderson said on Wednesday. Trans Mountain's fate had grown more uncertain since last month's rise of a new provincial government...

  • WASHINGTON— Travelers flying to the U.S. from nearly 300 international airports, including those in Mexico and Canada, are now subject to stepped-up security measures that include stricter screening for electronic devices larger than cellphones. The Homeland Security Department demanded last month that airlines around the world step up security...

  • Revenue from grain shipments, the biggest contributor to the rail operator's total revenue, jumped 20.2 percent to C $363 million in the second quarter ended June 30. CP Chief Marketing Officer John Brooks said he expects Canada's second largest railroad will feel the impact of the dry conditions in North Dakota, as uncertainty grows in southern Alberta and...

  • CALGARY, Alberta, July 19- Kinder Morgan Canada Ltd's Trans Mountain pipeline expansion still needs "a good number" of local permits, but the project remains on schedule for construction in September, company President Ian Anderson said on Wednesday. Trans Mountain's fate had grown more uncertain since last month's rise of a new provincial government in...

  • TORONTO— Ontario's largest power transmitter and distributor says it has signed a friendly deal to acquire U.S. company Avista Corp. for US $5.3 billion in an all-cash deal. Hydro One said Wednesday it will pay US $53 per share for the utility. Avista would keep its existing corporate headquarters in Spokane, Washington, and continue to operate as a stand-alone...