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Aimia to buy rope and net maker Tufropes for $249.6 million
TORONTO — Aimia Inc. says it has signed a deal to buy rope and net maker Tufropes for $249.6 million. Under the deal, Paladin Private Equity LLC will be Aimia's partner. It will have an option to acquire up to a 19.
Jan 31, 2023 6:57 AM
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IMF upgrades outlook for the global economy in 2023
WASHINGTON (AP) — The outlook for the global economy is growing slightly brighter as China eases its zero-COVID policies and the world shows surprising resilience in the face of high inflation, elevated interest rates and Russia's ongoing war against
Jan 30, 2023 8:50 PM
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Postmedia cuts more than 75 printing, inserting jobs in Windsor: Unifor
WINDSOR, Ont. — Postmedia Network Corp. has cut more than 75 jobs by outsourcing the printing and insertingof the Windsor Star, according to Unifor and CWA Canada.
Jan 30, 2023 4:14 PM
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Most actively traded companies on the Toronto Stock Exchange
TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (20,572.11, down 142.37): Manulife Financial Corp. (TSX:MFC). Financials. Down four cents, or 0.15 per cent, to $26.11 on 14.
Jan 30, 2023 3:17 PM
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S&P/TSX composite loses almost 150 points Monday, U.S. markets down further
TORONTO — Canada's main stock index was down almost 150 points Monday with broad-based losses, while U.S. stock markets retreated further from last week's gains. The S&P/TSX composite index was down 142.37 points at 20,572.11.
Jan 30, 2023 2:49 PM
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Wall Street falls ahead of mammoth week with Fed, earnings
NEW YORK (AP) — Stocks closed lower on Wall Street ahead of a week full of potentially market-moving events. The S&P 500 fell 1.3% Monday as markets prepare for decisions on interest rates around the world and a slew of earnings reports.
Jan 30, 2023 2:05 PM
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Janus Henderson Investors to oppose Ritchie Bros. deal to buy IAA
VANCOUVER — A second investment manager is voicing its opposition to a plan by Ritchie Bros. Auctioneers Inc. to buy vehicle auction company IAA Inc. In a letter to the Ritchie Bros.
Jan 30, 2023 1:14 PM
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New alcohol recommendations could speed up changing drinking habits, businesses say
TORONTO — New guidance for drinking alcohol could speed up changing consumer drinking habits as younger generations drink less and non-alcoholic beverages become more popular, advocates and business owners in the beverage industry say.
Jan 30, 2023 12:15 PM
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After Tesla price cut, Ford follows suit with Mustang Mach-E
DETROIT (AP) — Ford is cutting prices on its Mustang Mach-E electric SUV by as much as $6,000 just weeks after market leader Tesla took similar steps .
Jan 30, 2023 11:06 AM
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Companies make progress on anti-Black racism, but workers worry about recession: poll
TORONTO — Most Black Canadians feel their employers made progress addressing anti-Black racism last year — but they worry about what a recession could mean for those gains, a KPMG survey said.
Jan 30, 2023 9:38 AM
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