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Asian stocks surge after lower US inflation eases rate fears

Asian stocks surge after lower US inflation eases rate fears

BEIJING (AP) — Asian stock markets surged Friday after U.S. inflation eased by more than expected, spurring hopes the Federal Reserve might scale down plans for more interest rate hikes. Hong Kong's market benchmark jumped 5.4%.
HarperCollins union begins strike, citing wages, diversity

HarperCollins union begins strike, citing wages, diversity

NEW YORK (AP) — Some 250 copy editors, marketing assistants and other employees at HarperCollins Publishers went on strike Thursday, with the two sides differing over wages and benefits, diversity policy and union protection.
Ontario Teachers' Pension Plan invested US$95M into failing crypto platform FTX

Ontario Teachers' Pension Plan invested US$95M into failing crypto platform FTX

The Ontario Teachers' Pension Plan says it invested US$95 million into failing cryptocurrency exchange platform FTX Trading.
Aurora Cannabis CEO says company on track for profitability as it posts Q1 net loss

Aurora Cannabis CEO says company on track for profitability as it posts Q1 net loss

Aurora Cannabis Inc.'s chief executive insisted his company was on track to meet its profitability target even as it recorded a $51.9 million net loss and saw consumer pot net revenue fall 28 per cent from a year ago.
Saputo earnings up 48 per cent in second quarter, revenues rise 21 per cent

Saputo earnings up 48 per cent in second quarter, revenues rise 21 per cent

MONTREAL — Saputo Inc. saw its net earnings rise by 48 per centin its fiscal 2023 second quarter ended Sept. 30.
Competition Bureau investigating Canadian Gas Association claims after complaint

Competition Bureau investigating Canadian Gas Association claims after complaint

CALGARY — The federal Competition Bureau is investigating the Canadian Gas Association to determine if it made misleading statements about the environmental impact of natural gas.
Former workers of Aveos win their battle against Air sa¹ú¼Ê´«Ã½

Former workers of Aveos win their battle against Air sa¹ú¼Ê´«Ã½

OTTAWA — Air sa¹ú¼Ê´«Ã½ violated federal law by not keeping its maintenance centres in Montreal, Winnipeg and Mississauga operational during the collapse of Aveos a decade ago, the Quebec Superior Court ruled Thursday in favour of thousands of former wor
'Minions,' 'Top Gun' sequels keep moviegoers flying to Cineplex in third quarter

'Minions,' 'Top Gun' sequels keep moviegoers flying to Cineplex in third quarter

TORONTO — Summer blockbusters "Minions: The Rise of Gru," "Thor: Love and Thunder" and "Top Gun: Maverick" gave audiences more reasons to return to the movies in the third quarter, benefitting Cineplex Inc.
S&P/TSX composite up almost 650 points, U.S. markets surge on inflation data

S&P/TSX composite up almost 650 points, U.S. markets surge on inflation data

TORONTO — sa¹ú¼Ê´«Ã½'s main stock index was up almost 650 points in a broad-based rally Thursday,while U.S. stock markets also rose after new data showing inflation in the United States eased in October. The S&P/TSX composite index was up 646.
Imports of kids' pain and fever meds are coming, but critics say supply is fragile

Imports of kids' pain and fever meds are coming, but critics say supply is fragile

Emergency supplies of pain and fever medication are expected to arrive soon at hospitals overwhelmed by respiratory illnesses but observers say more can be done to guard against future drug shortages.