Skip to content

National Business

Iran moves to strike 4 zeroes from its battered currency

Iran moves to strike 4 zeroes from its battered currency

TEHRAN, Iran — Iran's president sent a bill to parliament Wednesday that would cut four zeroes from the value of the Islamic Republic's sanctions-battered currency, the rial, as tensions remain high between Tehran and Washington.
Inflation hits Bank of Canada 2% target for second straight month

Inflation hits Bank of Canada 2% target for second straight month

OTTAWA — Canadian annual inflation hit the Bank of Canada's ideal target for a second straight month, providing a stretch of price stability that's unlikely to weigh heavily on next month's interest-rate decision.
US home sales rose 2.5% in July, aided by low mortgage rates

US home sales rose 2.5% in July, aided by low mortgage rates

WASHINGTON — U.S. home sales increased 2.5% in July, a sign that lower mortgage rates have produced a spurt of home-buying. The National Association of Realtors said Wednesday homes sold last month at a seasonally adjusted annualized rate of 5.

China says British consulate staffer detained 15 days

BEIJING — China says a staffer at the British consulate in Hong Kong has been given 15 days of administrative detention in the Chinese city of Shenzhen.
'America's Got Talent' continues summer dominance for NBC

'America's Got Talent' continues summer dominance for NBC

NEW YORK — "America's Got Talent" wasn't content with just the top spot in the Nielsen company's rankings of the most popular television programs last week. This time it took the top two.

2015 North Dakota liquid gas spill much bigger than reported

BISMARCK, N.D.
Marvel's involvement in 'Spider-Man' movies may be in doubt

Marvel's involvement in 'Spider-Man' movies may be in doubt

LOS ANGELES — With great success comes great re-negotiation.
Jerry Dias acclaimed as Unifor president for third and final term

Jerry Dias acclaimed as Unifor president for third and final term

QUEBEC — Unifor says Jerry Dias has been acclaimed as national president of the union for a third and final three-year term.
SNC-Lavalin stock takes a new tumble after credit downgrade, political flare-up

SNC-Lavalin stock takes a new tumble after credit downgrade, political flare-up

MONTREAL — SNC-Lavalin Group Inc.'s stock fell again after Standard & Poor's downgraded its credit rating to junk status. Shares in the engineering giant closed down 24 cents or 1.4 per cent to $16.
New 'Matrix' film set with Keanu Reeves and Lana Wachowski

New 'Matrix' film set with Keanu Reeves and Lana Wachowski

LOS ANGELES — Keanu Reeves and Lana Wachowski are returning to the world of "The Matrix." Warner Bros. Pictures Group chairman Toby Emmerich says Tuesday that a fourth "Matrix" is in the works.