Business News
Stocks rise on Fed pledge to keep interest rates low to revive economy
TORONTO - The Toronto stock market closed slightly higher as commodity prices rose in the wake of the U.S. Federal Reserve's announcement that it will leave interest rates at historic lows to help the...
Wind turbine maker AAER faces uncertain future with second round of layoffs
MONTREAL - AAER Inc., Canada's lone manufacturer of large wind turbines, is facing growing headwinds as the alternative energy industry finds it increasingly difficult to finance new energy projects. ...
Quebec's Gaz Metro looks to getting transport trucks to run on natural gas
MONTREAL - Quebec-based Gaz Metro is eyeing the thousands of transport trucks travelling weekly between Ontario and Quebec and wants them to fill up with natural gas to help increase the fuel distribu...
Strong sales in emerging markets boost Nike's 3rd-quarter profit from a year earlier
BEAVERTON, Ore. - Nike Inc. said Wednesday that stronger sales helped boost the athletic shoe and clothing company's third-quarter profit. Nike reported after the market closed that it earned $496 ...
Gas distributor Gaz Metro looks to expand LNG business
MONTREAL - Gaz Metro will continue its focus on clean energy projects like natural gas to fuel transport trucks travelling between Ontario and Quebec to increase its growth, CEO Sophie Brochu said Wed...
Imvescor books $167,000 profit on $11.9 million revenue in the first quarter
MONCTON, N.B. - Imvescor Restaurant Group Inc., franchisor of a number of well-known eateries in Canada, said Wednesday it will continue to focus on renovations and opening new stores to increase reve...
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