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National Business

Retailers' results show sharp divide between losers, winners

NEW YORK — The divide between retail winners and losers is widening.
Germany's Merkel dangles possibility of negotiated Brexit

Germany's Merkel dangles possibility of negotiated Brexit

BERLIN — German Chancellor Angela Merkel raised the possibility that a negotiated departure for Britain from the European Union might still be possible even as the clock is ticking on a deal that would satisfy both sides.

Spill revelation raises questions about North Dakota system

BISMARCK, N.D.
North American stock markets almost recover from last week's big losses

North American stock markets almost recover from last week's big losses

TORONTO — North American stock indexes have almost recovered from last week's steep losses after moving higher midweek on some strong earnings results. The S&P/TSX composite index closed up 95.92 points at 16,309.

Most actively traded companies on the TSX

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (16,309.23, up 95.92 points ). Manulife Financial Corp. (TSX:MFC). Financials. Up 39 cents, or 1.79 per cent, to $22.23 on 9.
More Telcos raise concern over CRTC's new wholesale broadband rates

More Telcos raise concern over CRTC's new wholesale broadband rates

TORONTO — A growing number of telecom companies are pushing back against the CRTC's decision to lower the rates they can charge smaller internet providers to use their networks. Shaw Communications Inc.
Fed officials widely divided on rates at July meeting

Fed officials widely divided on rates at July meeting

WASHINGTON — Federal Reserve officials were widely divided at their meeting last month when they decided to cut rates for the first time in a decade, with some arguing for a bigger rate cut while others insisted the Fed should not cut rates at all.
Trans Mountain puts contractors on notice to get ready for pipeline restart

Trans Mountain puts contractors on notice to get ready for pipeline restart

SHERWOOD PARK, Alta. — Trans Mountain Corp. has advised construction contractors to get ready for the restart of its pipeline expansion project to the west coast.
Ontario Teachers earns 6.3 per cent return on investments in first half of 2019

Ontario Teachers earns 6.3 per cent return on investments in first half of 2019

TORONTO — Ontario Teachers' Pension Plan says it earned a 6.3 per cent return on its investments in the first six months of the year, raising its net assets to $201.4 billion. The gain increased the pension fund's net assets by $10.
RBC's Q3 net income rises to $3.3B, misses estimates on weaker capital markets

RBC's Q3 net income rises to $3.3B, misses estimates on weaker capital markets

TORONTO — Royal Bank of Canada increased its dividend as its third-quarter profit rose by five per cent to hit a record, but the lender's latest earnings missed estimates as challenging market conditions weighed on its capital markets division.