Business News
Stock markets open higher on hopes EU will address Greek debt burden
TORONTO - The Toronto stock market was up sharply in early trading Tuesday as investors hoped that a meeting of European Union leaders later this week will address the growing problem of huge debt lev...
In latest blow, Toyota recalls 437,000 Prius and other hybrids globally for brake problems
TOKYO - Toyota says it is recalling about 437,000 Prius and other hybrid vehicles worldwide to fix brake problems - the latest in a string of embarrassing safety lapses at the world's largest automake...
Coca-Cola's Q4 profit climbs as beverage maker sees drink sales rise overseas
NEW YORK - Coca-Cola's strong overseas growth more than made up for a weak North American market in the fourth quarter, sending profit up 55 per cent for the world's largest beverage maker. The com...
Opti Canada reduces fourth-quarter loss to $212 million, operational performance improves
CALGARY - Opti Canada Inc. (TSX:OPC) had a $212-million loss in the final quarter of 2009, which actually saw big operational and financial improvements from a year earlier, the Calgary-based oilsands...
Molson Coors' fourth-quarter profit rises on tax benefits, but worldwide volume falls
Molson Coors Brewing Co.'s fourth-quarter profit more than doubled because of favourable tax benefits even as it sold fewer beers, the international brewer (NYSE:TAP) said Tuesday. Worldwide volume...
Agrium profit falls to US$30 million in fourth quarter, revenue drops to $1.44 billion
CALGARY - Agrium Inc.'s fourth-quarter profit and revenue were down substantially compared with the year-earlier results but the Calgary-based fertilizer producer (TSX:AGU) said Tuesday it also saw si...
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