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S&P/TSX composite falls as commodities, financials struggle

S&P/TSX composite falls as commodities, financials struggle

TORONTO — Canada's main stock index slumped Friday as shares of miners, energy companies and financial firms flagged, while investors eyed bonds and interest rate trends. The S&P/TSX composite index was down 163.28 points at 18,060.26.
CPP Investments CEO Mark Machin resigns after travelling to UAE for COVID-19 vaccine

CPP Investments CEO Mark Machin resigns after travelling to UAE for COVID-19 vaccine

TORONTO — The head of the fund managing Canada Pension Plan investments is the latest high-profile Canadian to come under fire for behaviour during the pandemic after he travelled outside the country and received a COVID-19 vaccination despite a gove
Explosion strikes Israeli-owned ship in Mideast amid tension

Explosion strikes Israeli-owned ship in Mideast amid tension

DUBAI, United Arab Emirates — An explosion struck an Israeli-owned cargo ship sailing out of the Middle East on Friday, an unexplained blast renewing concerns about ship security in the region amid escalating tensions between the U.S. and Iran.
Ta-Nehisi Coates to write new 'Superman' film

Ta-Nehisi Coates to write new 'Superman' film

NEW YORK — Ta-Nehisi Coates, the acclaimed essayist and novelist who expanded the world of Wakanda for Marvel comics, will write the script for a new “Superman” film from Warner Bros.
US consumers rebound to boost spending 2.4% as income jumps

US consumers rebound to boost spending 2.4% as income jumps

WASHINGTON — Bouncing back from months of retrenchment, America's consumers stepped up their spending by a solid 2.
India's economy expands 0.4% in Oct.-Dec., ending recession

India's economy expands 0.4% in Oct.-Dec., ending recession

NEW DELHI — India’s economy expanded by a weaker-than-expected 0.
BA parent company books huge loss, pushes for digital passes

BA parent company books huge loss, pushes for digital passes

LONDON — The parent company of British Airways and Iberia on Friday said it lost 6.9 billion euros ($8.
NYT editor Bill Hamilton joining publisher Celadon Books

NYT editor Bill Hamilton joining publisher Celadon Books

NEW YORK — The Washington editor for The New York Times is joining Celadon Books as executive editor. Bill Hamilton will begin his new job April 5 and focus on acquiring books about politics and history.
Federal deficit hits $248.2 billion for first nine months of 2020-21 fiscal year

Federal deficit hits $248.2 billion for first nine months of 2020-21 fiscal year

OTTAWA — The federal government ran a deficit of $248.2 billion through the first nine months of its 2020-21 fiscal year as spending soared due to the pandemic.
Onex reports Q4 profit up, helped by private equity and credit investment gains

Onex reports Q4 profit up, helped by private equity and credit investment gains

TORONTO — Onex Corp. reported its fourth-quarter profit rose compared with a year ago, helped by gains in its private equity and credit investments. The Toronto-based private equity manager, which keeps its books in U.S.