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Business

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S&P/TSX composite finishes higher, U.S. stocks also rise

S&P/TSX composite finishes higher, U.S. stocks also rise

Strength in the basic materials sector helped Canada’s main stock index finish higher, while U.S. stock markets rose. 

July 09, 2025 at 4:27PM EDT

Ex-MLSE boss indicted by U.S. grand jury after allegedly rigging bidding process for Texas university arena

Ex-MLSE boss indicted by U.S. grand jury after allegedly rigging bidding process for Texas university arena

The former president and CEO of Maple Leaf Sports and Entertainment, Tim Leiweke, has been indicted by a U.S. federal grand jury after he allegedly conspired to rig the bidding process for an arena at a Texas university.

July 09, 2025 at 4:27PM EDT

Afua Hagan: Meghan’s products are proof that ‘As ever’ is more than just a brand

Afua Hagan: Meghan’s products are proof that ‘As ever’ is more than just a brand

With the Duchess of Sussex's 'As ever' line selling out again, royal commentator Afua Hagan says Meghan is shaping her next chapter through a focus on strong branding.

July 09, 2025 at 4:13PM EDT

Ship attacked by Yemen’s Houthi rebels sinks in the Red Sea, 6 of 25 aboard rescued

Ship attacked by Yemen’s Houthi rebels sinks in the Red Sea, 6 of 25 aboard rescued

A Liberian-flagged cargo ship attacked by Yemen’s Houthi rebels sank Wednesday in the Red Sea, with a European naval force in the Mideast saying that only six of 25 people who were on board have been rescued.

July 09, 2025 at 4:06PM EDT

Nissan suspends U.S. production for three models for Canadian market

Nissan suspends U.S. production for three models for Canadian market

Nissan has suspended U.S. production of three vehicle models for Canada as auto tariffs complicate cross-border trade.

July 09, 2025 at 3:44PM EDT

Nine months in, Starbucks CEO faces tall order in turnaround

Nine months in, Starbucks CEO faces tall order in turnaround

Starbucks CEO Brian Niccol earned a reputation on Wall Street as a miracle worker for wounded restaurant brands like Taco Bell and Chipotle. Nine months into his Starbucks tenure, investors are unsure if lightning will strike a third time.

July 09, 2025 at 3:05PM EDT

EQB names Open Text chief financial officer Chadwick Westlake as next CEO

EQB names Open Text chief financial officer Chadwick Westlake as next CEO

EQB Inc. has named Open Text chief financial officer Chadwick Westlake as its next chief executive, succeeding Andrew Moor, who died last month.

July 09, 2025 at 2:59PM EDT

Ottawa’s national security review, shutdown order ‘procedurally unfair’: Hikvision

Ottawa’s national security review, shutdown order ‘procedurally unfair’: Hikvision

A Chinese maker of surveillance camera systems says the national security review process that led to shut down its Canadian operations was unfair.

July 09, 2025 at 2:53PM EDT

Mortgage renewals will strain Canadians, but most will manage: TD report

Mortgage renewals will strain Canadians, but most will manage: TD report

A report by TD Bank suggests mortgage renewals are expected to strain Canadian households, but most borrowers will manage with less flexibility.

July 09, 2025 at 2:51PM EDT

Linda Yaccarino, CEO of Elon Musk’s X, to step down in surprise move

Linda Yaccarino, CEO of Elon Musk’s X, to step down in surprise move

Linda Yaccarino, one of Elon Musk’s top deputies as CEO of his X social media site, is exiting the company in a surprise move just months after the platform was acquired by the billionaire’s AI startup, xAI.

July 09, 2025 at 2:06PM EDT

Impala plans to close Ontario palladium mine due to low prices

Impala plans to close Ontario palladium mine due to low prices

Impala Platinum Holding Ltd. plans to end production at its Lac des Iles mine in northwestern Ontario at the end of May next year due to low prices.

July 09, 2025 at 1:54PM EDT

Samsung unveils its new line of foldable devices at Unpacked

Samsung unveils its new line of foldable devices at Unpacked

Samsung introduced several updates to its foldable devices lineup, with the new Galaxy Z Fold 7, Z Flip 7, and Z Flip 7 FE taking stage at the latest event.

July 09, 2025 at 1:50PM EDT

The Czech Republic bans DeepSeek in state administration over cybersecurity concerns

The Czech Republic bans DeepSeek in state administration over cybersecurity concerns

The Czech Republic has banned the use of any products by the Chinese AI startup DeepSeek in state administration over cybersecurity concerns.

July 09, 2025 at 12:56PM EDT

OPEC looking to regain market share with oil production increases, expert says

OPEC looking to regain market share with oil production increases, expert says

The Organization of Petroleum Exporting Countries (OPEC) continues to boost oil production, with more than 500,000 additional barrels per day set to hit global markets in August, in a bid to regain market share lost to other oil producers, an energy expert says.

July 09, 2025 at 12:54PM EDT

Rubik’s Cube owner loses trademark battle with Greek rival

Rubik’s Cube owner loses trademark battle with Greek rival

Rubik’s Cube owner Spin Master Toys UK lost its battle against a Greek rival as Europe’s second-highest court annulled trademarks.

July 09, 2025 at 12:41PM EDT

EU Court rules ‘I love’ sign cannot be trademarked for clothing

EU Court rules ‘I love’ sign cannot be trademarked for clothing

The European General Court ruled against German company in its bid to trademark the “I love” sign for clothing items such as t-shirts or sweatshirts.

July 09, 2025 at 11:50AM EDT

RBC iShares – Invest for what’s next

How to find compelling fixed-income opportunities in today’s market

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RBC iShares – Invest for what’s next

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