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National Business
National Business
CI Financial growing wealth management business with minority stake in Assante Dorval
TORONTO — CI Financial Corp. and its Assante Wealth Management (Canada) Ltd. subsidiary have signed a deal to acquire a minority share in Assante's operation in Dorval, Que.
Sep 24, 2020 5:39 AM
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BlackBerry reports second-quarter loss, revenue up from year ago
WATERLOO, Ont. — BlackBerry Ltd. reported a loss of US$23 million in its latest quarter as its revenue grew six per cent compared with a year ago. The security software and services company, which keeps its books in U.S.
Sep 24, 2020 5:17 AM
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Software provider to state and local governments hacked
DALLAS — A major provider of software services to state, county and local governments, including the online publishing of election results, told customers Wednesday that an unknown intruder broke into its phone and information technology systems.
Sep 23, 2020 9:45 PM
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Bath bomb giant Lush seeks court permission to dissolve Canadian arm
Dispute has been simmering between U.K.-based parent and North American partners for years
Sep 23, 2020 6:03 PM
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Shopify says it notified privacy commissioner of breach involving 'rogue' staff
Shopify Inc. says it has notified Canada's privacy commissioner about a recent data breach it says was carried out by two "rogue" employees.
Sep 23, 2020 3:42 PM
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New SUV is next step in VW's post-scandal electric offensive
FRANKFURT — Volkswagen is unveiling a battery-powered sport-utility vehicle that is headed for global markets including the United States and China, as the company takes a major step forward in its campaign to make electric cars a mass-market choice.
Sep 23, 2020 3:23 PM
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Restaurant, bar sales rise in July for third straight month, StatCan reports
Statistics Canada says sales for food services and drinking places rose for the third month in a row in July, buoyed by the reopening of dining rooms and patios across the country. The agency says the subsector recorded sales of $4.
Sep 23, 2020 2:23 PM
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Most actively traded companies on the Toronto Stock Exchange
TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (15,817.11, down 325.78 points.) Canadian Natural Resources (TSX:CNQ). Down 66 cents, or 2.92 per cent, to $21.94 on 11.
Sep 23, 2020 1:48 PM
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S&P/TSX composite closes down as gold price sinks to lowest level in two months
TORONTO — Canada's main stock index sank midweek as the materials sector lost ground with the price of gold falling to its lowest level in two months.
Sep 23, 2020 1:29 PM
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Wells Fargo CEO apologizes for comments about diversity
NEW YORK — Wells Fargo CEO Charles Scharf apologized Wednesday for comments he made suggesting it is difficult to find qualified Black executives in the financial industry.
Sep 23, 2020 1:05 PM
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