A surface-to-air missile shot down a U.S. military drone over the Strait of Hormuz, a U.S. official said Thursday.World Politicsread more
President Donald Trump has publicly blamed the Federal Reserve's interest rates hikes for holding back U.S. economic growth.The Fedread more
Slack's public market debut on Thursday will generate billions for venture firm Accel and healthy returns for Andreessen Horowitz and Social CapitalTechnologyread more
China's President Xi Jinping arrived in Pyongyang on Thursday morning for a state visit to North Korea — the first by a Chinese state leader in 14 years. Experts say the move...Asia Politicsread more
Gold prices spiked in the afternoon of Asian trading hours on Thursday after a dovish U.S Federal Reserve opened the door to further rate cuts, and the 10-year Treasury yield...Metalsread more
The Fed came very close to promising a rate cut Wednesday, and now markets are focused on a possible July rate cut.Market Insiderread more
Ireland has become the main regulator enforcing rules on how big tech companies collect and process user data under Europe's privacy law called GDPR.Technologyread more
Waymo has signed a deal with Renault and Nissan to develop self-driving cars and trucks for use in France, Japan and possibly other countries in Asia, including China, the...Autosread more
It's crucial to note that the culprit behind attacks on two commercial tankers last week has not been conclusively proven.World Politicsread more
"No U.S. drone was operating in Iranian airspace today," a U.S. Central Command spokesman said, according to NBC News.World Politicsread more
The Fed left interest rates unchanged at its monetary policy meeting. The U.S. central bank did, however, drop the word "patient " from its statement and said it would "act as...Asia Marketsread more
June 11 (Reuters) - Canada's main stock index rose on Tuesday, as higher oil prices aided the energy sector, against the backdrop of optimism in global financial markets over signs of stimulus in the Chinese economy.
* At 9:37 a.m. ET (1337 GMT), the Toronto Stock Exchange's S&P/TSX Composite index was up 59.24 points, or 0.37%, at 16,275.5.
* Nine of the index's 11 major sectors were higher, led by the energy sector which climbed 0.9%.
* Oil rose further above $62 a barrel on Tuesday as firmer equities and expectations that OPEC and its allies will keep withholding supply countered concern about slowing economies and demand.
* The U.S. crude prices were up 0.8%, while Brent crude added 0.4%.
* The financials sector gained 0.4%.
* Also helping the main index was a 6% rise in shares of SNC-Lavalin Group Inc, after the company named Chief Operating Officer Ian Edwards interim president and chief executive officer.
* On the TSX, 163 issues were higher, while 65 issues declined for a 2.51-to-1 ratio favoring gainers, with 21.14 million shares traded.
* The largest percentage gainers on the TSX were shares of BRP Inc, which jumped 8.8%, closely followed by those of SNC-Lavalin.
* Allied Properties Real Estate Investment fell 2.9%, the most on the TSX, followed by shares of Endeavour Mining, down 1.5%.
* The most heavily traded shares by volume were Husky Energy , BCE Inc and Genenews Limited.
* The TSX posted five new 52-week highs and three new lows.
* Across all Canadian issues there were 12 new 52-week highs and five new lows, with total volume of 29.28 million shares. (Reporting by Shreyashi Sanyal in Bengaluru; Editing by Shailesh Kuber)