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National Business
National Business
Japan tech giant SoftBank's profits rise on investments
TOKYO — Japanese technology giant SoftBank Group Corp.'s said Tuesday that its profit rose 12% in April-June from a year earlier as its investments added to its coffers, including sales of its shares in U.S. carrier T-Mobile.
Aug 11, 2020 8:33 AM
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Bumpy road ahead: UK bracing for big spike in unemployment
LONDON — The U.K. has kept a lid on its unemployment rate so far during the coronavirus pandemic but, scratch beneath the surface, there are worrying trends that will likely see the jobless total soaring by the end of the year.
Aug 11, 2020 8:32 AM
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CMHC reports annual pace of housing starts climbed nearly 16 per cent in July
OTTAWA — Canada Mortgage and Housing Corp. says the annual pace of housing starts in July rose nearly 16 per cent compared with June.
Aug 11, 2020 7:48 AM
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Canada Goose Q1 loss nearly doubles as revenue plunges from last year
TORONTO — Canada Goose Holdings Inc. reports its first-quarter loss nearly doubled to $50.1 million as revenue plunged 63 per cent from a year earlier due to the COVID-19 pandemic. Revenue for the Toronto-based luxury parka company dropped to $26.
Aug 11, 2020 7:06 AM
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US producer prices up 0.6% in July, biggest jump since 2018
WASHINGTON — U.S. wholesale prices shot up an unexpected 0.6% in July, biggest gain since October 2018, as energy prices moved sharply higher.
Aug 11, 2020 6:04 AM
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Hydro One reports $1.1B Q2 profit boosted by one-time gain due to court ruling
TORONTO — Hydro One Ltd. reported a second-quarter profit of $1.1 billion, boosted by a one-time gain related to a court decision.
Aug 11, 2020 4:59 AM
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Millennial Money: How we renegotiated our bills to cut costs
I know, I know. You’ve probably heard all about how you should renegotiate your bills to save money. But that’s easier said than done, right? That’s why I tried it out.
Aug 11, 2020 3:47 AM
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Ottawa won't intervene to end dockworkers strike at Port of Montreal, says minister
MONTREAL — Canada's labour minister has rejected requests to intervene in a strike launched Monday by Port of Montreal workers.
Aug 10, 2020 5:25 PM
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Martinrea loses $146.9 million in Q2 on 51 per cent drop in sales due to COVID-19
TORONTO — Martinrea International Inc. swung to a large loss in its recent quarter as automotive plant closures during the COVID-19 pandemic took a big bite out of its revenues. The autoparts manufacturer says it lost $146.9 million or $1.
Aug 10, 2020 2:53 PM
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Barrick CEO vows to stick to capital strategy as gold prices boost Q2 profits
TORONTO — The chief executive of Barrick Gold Corp. said Monday the company's strategy for spending money is unchanged despite a run up in gold prices that boosted second-quarter results and prompted an increased dividend.
Aug 10, 2020 2:37 PM
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