Recent Business Headlines

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at 17:57 on July 06, 2015, EDT.

Despite big vote win, Greece's Tsipras faces tough task, urgent need to regain creditors trust

ATHENS, Greece - Despite triumphing in a popular vote against austerity, Greece on Monday faced the urgent need to heal its ties with European creditors and reach a financial rescue deal that might prevent it from falling out of the euro — possibly within days.


at 17:56 on July 06, 2015, EDT.

Importers of Greek food stockpiling products amid economic turmoil

TORONTO - Major Canadian importers of olive oil, sea salt, preserved vegetables and other delicacies from Greece say they've been stockpiling goods in their warehouses in anticipation that the economic turmoil overseas will get worse.


at 17:56 on July 06, 2015, EDT.

Tories, NDP use situation in Greece to spar over economic credentials

OTTAWA - The situation in Greece became domestic political fodder on Monday as the Conservatives and the NDP used questions about Greece's future in the Eurozone to attack one another on their respective economic platforms.


at 17:54 on July 06, 2015, EDT.

Starbucks Canada plans to raise some drink prices by 10 to 20 cents this week

TORONTO - Even with the price of coffee beans falling, a cup of joe at your neighbourhood Starbucks could be a little more expensive starting Tuesday.


at 17:46 on July 06, 2015, EDT.

Alberta beef prices hit new high as dry conditions persist in the Prairies

CALGARY - Don't expect to be paying less for your burgers and steaks any time soon, according to industry experts who cite record-high slaughter prices along with ongoing climate and other challenges faced by ranchers.


at 17:25 on July 06, 2015, EDT.

SNC-Lavalin says Ottawa not going far enough in changes to anti-corruption rules

MONTREAL - SNC-Lavalin says the federal government's softening of anti-corruption rules doesn't go far enough and raises new legal questions.


at 17:17 on July 06, 2015, EDT.

Toronto stock market takes a hit on three-month low for oil, loonie retreats

TORONTO - The Toronto stock market weakened Monday as a steep drop in oil prices and fallout from the resounding "no" vote in the Greek debt referendum pulled most major sectors lower.


at 17:10 on July 06, 2015, EDT.

Toronto mayor seeks one bylaw for ride-hailing service Uber, all city cabs

TORONTO - Tensions between Toronto taxi drivers and ride-hailing company Uber appeared somewhat soothed Monday after a meeting with the city's mayor, who promised to regulate both services under one bylaw.


at 17:09 on July 06, 2015, EDT.

Most actively traded companies on the TSX

Some of the most active companies traded Monday on the Toronto Stock Exchange:


at 16:26 on July 06, 2015, EDT.

Morning after historic 'no' to austerity vote: Greeks proud of their defiance, toughness

ATHENS, Greece - Nicky Zachary closed her family's shoe store just a few hours after opening it Monday after the few customers who had strolled in hadn't bought a thing. But she was not discouraged — she thinks a landmark "no" vote in a nationwide referendum has bonded Greeks together.


at 15:45 on July 06, 2015, EDT.

Bank of Canada survey points to regional divide in confidence amid low oil

OTTAWA - There is a divide in business confidence across the country as low oil prices weigh on the outlook for some regions more than others, according to the latest reading from the Bank of Canada.


Content Provided By Canadian Press.


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