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Turquoise Hill Resources accepts sweetened Rio Tinto takeover offer

Turquoise Hill Resources accepts sweetened Rio Tinto takeover offer

TORONTO — Turquoise Hill Resources Ltd. has accepted a sweetened offer by Rio Tinto International Holdings Ltd. for the stake in the company that it does not already own valued at about $4.2 billion.
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Fairfax Financial signs definitive deal to take Recipe Unlimited private

Fairfax Financial signs definitive deal to take Recipe Unlimited private

TORONTO — Fairfax Financial Holdings Ltd. has signed a definitive agreement to take Recipe Unlimited Corp., the company behind Swiss Chalet, Harvey's, St-Hubert and the Keg, private. The deal for $20.
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Former Malaysian first lady guilty a week after Najib jailed

Former Malaysian first lady guilty a week after Najib jailed

KUALA LUMPUR, Malaysia (AP) — Former Malaysian first lady Rosmah Mansor was ordered to serve 10 years in prison after being found guilty on Thursday of soliciting and receiving bribes during her husband’s corruption-tainted administration, a week aft
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Lab results in Markham, Ont., food poisoning case expected at end of week

Lab results in Markham, Ont., food poisoning case expected at end of week

MARKHAM, Ont. — York Region public health said Wednesday that lab results are expected at the end of this week to confirm the presence of a plant-based toxin in a spice that is suspected of sickening 12 diners at a Markham, Ont.
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Couche-Tard says inflation eats into fuel volumes but bumps up 'house label' sales

Couche-Tard says inflation eats into fuel volumes but bumps up 'house label' sales

LAVAL, Que. — Canadian convenience store giant Alimentation Couche-Tard Inc. says higher fuel and food costs are affecting customer driving and shopping habits while boosting sales of its private label brand.
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Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (19,330.81, down 182.09 points.) Suncor Energy Inc. (TSX:SU). Energy. Down 68 cents, or 1.58 per cent, to $42.49 on 23.
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Imperial, Exxon completes $1.9B sale of XTO Energy Canada to Whitecap Resources

Imperial, Exxon completes $1.9B sale of XTO Energy Canada to Whitecap Resources

CALGARY — Imperial Oil Ltd. says it and ExxonMobil Canada have closed the $1.9-billion sale of their oil and gas-producing assets in the Montney and Duvernay areas to Whitecap Resources Inc.
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S&P/TSX composite losses deepen as selloff extends to fourth straight day

S&P/TSX composite losses deepen as selloff extends to fourth straight day

Canada’s main stock index declined for a fourth straight trading session Wednesday to end the month of August with investor sentiment squarely in the risk-off camp. The S&P/TSX composite index closed down 182.09 points at 19,330.81.
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Laurentian Bank shares down as earnings dip, profit margins on loans worsen

Laurentian Bank shares down as earnings dip, profit margins on loans worsen

MONTREAL — Laurentian Bank of Canada shares closed down more than 10 per cent Wednesday as the bank reported a drop in quarterly earnings caused by provisions for bad loans, while lower margins on interest income and a drop in personal loans also wei
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Canadian banks' climate commitments lag expectations of UN-led coalition: Greenpeace

Canadian banks' climate commitments lag expectations of UN-led coalition: Greenpeace

TORONTO — Canada's biggest banks could be pushed out of a UN-backed, net-zero emissions coalition if they don't boost their climate commitments, a report released Wednesday by Greenpeace Canada says.
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