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Asian stocks follow Wall St lower on Fed hints at rate hikes
BEIJING (AP) — Asian stock markets followed Wall Street lower Thursday after the Federal Reserve indicated it might ease off economic stimulus earlier than previously thought.
Jun 16, 2021 11:21 PM
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Ohio House expels former Republican speaker in historic vote
COLUMBUS, Ohio (AP) — Members of the Ohio House expelled Rep. Larry Householder, the federally indicted Republican ex-speaker, Wednesday in a bipartisan vote that invoked their powers to remove a member for the first time in 150 years.
Jun 16, 2021 9:36 PM
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Annual inflation rate climbs to 3.6 per cent in May, highest in a decade
OTTAWA — Prices across the country rose at their fastest annual rate in a decade last month, with the promise of similar numbers through to the fall as the national economic reopening from pandemic measures allows consumers to spend more freely.
Jun 16, 2021 8:40 PM
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N.L.'s troubled Terra Nova offshore oilfield saved by last-minute restructuring
CALGARY — The beleaguered Terra Nova oilfield off the coast of Newfoundland and Labrador could live to pump another day after its owners reached a restructuring agreement in the eleventh hour Wednesday.
Jun 16, 2021 8:33 PM
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Fed sees earlier time frame for rate hikes with inflation up
WASHINGTON (AP) — The Federal Reserve signaled Wednesday that it may act sooner than previously planned to start dialing back the low-interest-rate policies that have helped fuel a swift rebound from the pandemic recession but have also coincided wit
Jun 16, 2021 6:20 PM
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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 (20,230.96, down 0.36 of a point.) Canadian Natural Resources (TSX:CNQ). Energy. Down 79 cents, or 1.71 per cent, to $45.41 on 15.
Jun 16, 2021 5:32 PM
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Jared Kushner has book deal, publication expected in 2022
NEW YORK (AP) — Jared Kushner, the son-in-law of former President Donald Trump and one of his top advisers during his administration, has a book deal.
Jun 16, 2021 5:02 PM
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TSX outperforms U.S. markets on recovery outlook from Fed despite rate hikes in 2023
TORONTO — North American stock markets swung lower midweek after the Federal Reserve revised its inflation outlook upwards and moved forward the timing of planned interest rate hikes. The U.S.
Jun 16, 2021 4:59 PM
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Viavi Solution makes takeover offer for Exfo, but founder Germain Lamonde says no
QUEBEC — Viavi Solutions Inc. says it has made a takeover offer for Quebec-based Exfo Inc. that values the maker of test, monitoring and analytics equipment for the communications industry at US$430 million.
Jun 16, 2021 4:08 PM
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Canadian hotel occupancy to hit 38%, average daily rate will reach $131 in 2021: CBRE
TORONTO — CBRE says it expects Canadian hotels will recover only slightly from the COVID-19 pandemic this year as travel restrictions linger.
Jun 16, 2021 4:07 PM
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