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Business Canada

  • **FRANKFURT- Keynote speech by European Central Bank executive board member Yves Mersch on "The Continental Perspective" at Frankfurt Finance Summit 2018 organised by Frankfurt Main Finance e.V. FRANKFURT- ECB board member Sabine Lautenschlager speaks about monetary policy in Frankfurt 1530 GMT. FRANKFURT- The European Central Bank releases monthly data on...

  • TORONTO _ Pelangio Exploration Inc. on Friday reported a first-quarter loss of $389,000, after reporting a profit in the same period a year earlier. On a per-share basis, the Toronto- based company said it had a loss of less than 1 cent. This story was generated by Automated Insights using data from Zacks Investment Research.

  • A woman shops for wine in Canada.

    The Trump administration claims Canada's trade practices involving U.S. wine are "discriminatory."

  • May 25- A Delaware lawyer was sentenced on Friday to eight years in prison for helping clients including a pioneer of the payday lending industry to collect on hundreds of millions of dollars in illegal loans, prosecutors said. District Judge Eduardo Robreno in Philadelphia after a federal jury in November found him guilty on charges including racketeering...

  • MONTREAL, May 25- Canadian Pacific Railway conductors and locomotive engineers on Friday rejected the company's latest contract offer, with their union saying negotiations would resume and raising the prospect of another possible strike at Canada's second-largest railroad. Teamsters Canada Rail Conference President Doug Finnson said by phone that the...

  • The ruling from a state district judge means the Montana Department of Environmental Quality would have to conduct a lengthy environmental review before Lucky Minerals can proceed. The agency also should have looked more closely at the project's effects on grizzly bears and wolverines and considered the broader implications if Lucky Minerals expands...

  • MONTREAL, May 25- Canadian Pacific Railway conductors and locomotive engineers on Friday rejected the company's latest contract offer, with their union saying negotiations would resume and raising the prospect of another possible strike at Canada's second-largest railroad. Teamsters Canada Rail Conference President Doug Finnson said by phone that the...

  • NEW YORK— The publication of allegations of sexual misconduct against Hollywood mogul Harvey Weinstein sparked a national reckoning. On Friday, Weinstein was arrested on rape charges in New York. —Celebrity chef Mario Batali— The New York Police Department is investigating Batali after a woman told "60 Minutes" that he drugged and sexually assaulted her in 2005.

  • MONTREAL, May 25- Canadian Pacific Railway conductors and locomotive engineers on Friday rejected the company's latest contract offer, with their union saying negotiations would resume and raising the prospect of another possible strike at Canada's second-largest railroad. Teamsters Canada Rail Conference President Doug Finnson said by phone that the...

  • RUMFORD, Maine— Canadian company Catalyst Paper Corp. is selling its U.S. operations, including a pair of paper mills in Maine and Wisconsin, to a Chinese company that has no immediate plans for changes, officials said Friday. Nine Dragons' major focus is on environmentally friendly recycled paper, but it also operates conventional pulp mills like those it's...

  • *Canadian dollar at C $1.2970, or 77.10 U.S. cents. *Loonie touches its weakest since May 8 at C $1.2979. The price of oil, one of Canada's major exports, slumped after Saudi Arabia and Russia said they were ready to ease supply curbs that have pushed crude prices to their highest since 2014..

  • Wilbur Ross

    U.S. Commerce Secretary Wilbur Ross will visit China early next month for another round of talks amid ongoing trade frictions between the world's two largest economies.

  • A police officer looks inside the Bombay Bhel restaurant, where two unidentified men set off a bomb late Thursday night, wounding more than a dozen people, in Mississauga, Ontario, Canada May 25, 2018.

    Two suspects are sought after 15 people were transported from the scene of the blast, police said.

  • LONDON, May 24- NioCorp Developments, which is in the process of raising financing for a minerals project in Nebraska, has just seen its Toronto- listed shares surge from C $0.52 to $0.70 in the space of two days thanks to the U.S. government. No-one's mined niobium in the United States since 1959, according to the United States Geological Survey.

  • Participants include Federal Reserve Bank of Atlanta President Raphael Bostic, Federal Reserve Bank of Chicago President Charles Evans, Federal Reserve Bank of Philadelphia President Patrick Harker and Federal Reserve Bank of Dallas President Robert Kaplan. STOCKHOLM- Bundesbank president Jens Weidmann speaks in Stockholm 1920 GMT.

  • Participants include Federal Reserve Bank of Atlanta President Raphael Bostic, Federal Reserve Bank of Chicago President Charles Evans, Federal Reserve Bank of Philadelphia President Patrick Harker and Federal Reserve Bank of Dallas President Robert Kaplan. STOCKHOLM- Bundesbank president Jens Weidmann speaks in Stockholm 1920 GMT.

  • VANCOUVER, British Columbia _ Silvercorp Metals Inc. on Thursday reported fiscal fourth-quarter net income of $12.2 million. The Vancouver, British Columbia- based company said it had net income of 7 cents per share. For the year, the company reported profit of $47 million, or 27 cents per share.

  • WASHINGTON, May 24- Uber had disabled an emergency braking system in a self-driving vehicle that struck and killed a woman in Arizona in March even though the car had identified the need to apply the brakes, the National Transportation Safety Board said in a preliminary report released on Thursday. The report gives new fuel to opponents in Congress who have...

  • May 24- Pfizer Inc agreed to pay $23.85 million to resolve U.S. charges that it used a purportedly independent charity to pay illegal kickbacks to Medicare patients, covering their out-of-pocket costs for its prescription drugs. The U.S. Department of Justice said on Thursday that the civil settlement resolves allegations that Pfizer improperly used the...

  • VANCOUVER, British Columbia _ Aurcana Corp. on Thursday reported a loss of $415,000 in its first quarter. The Vancouver, British Columbia- based company said it had a loss of less than 1 cent on a per-share basis. This story was generated by Automated Insights using data from Zacks Investment Research.