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National Business
National Business
Waning consumer confidence, Fed speeches move North American stock markets lower
TORONTO — Waning consumer confidence and Fed warnings about interest rate hikes pushed North American stock markets lower ahead of data Wednesday that could confirm the U.S. is in a technical recession.
Jun 28, 2022 5:06 PM
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Turkey lifts its objections to Sweden, Finland joining NATO
MADRID (AP) — Turkey agreed Tuesday to lift its opposition to Sweden and Finland joining NATO, ending an impasse that had clouded a leaders’ summit opening in Madrid amid Europe’s worst security crisis in decades, triggered by the war in Ukraine.
Jun 28, 2022 4:38 PM
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Stocks slide on Wall Street as inflation worries persist
NEW YORK — Stocks slid on Wall Street Tuesday as the market remains gripped by uncertainty over pervasive inflation, rising interest rates and the potential for a recession. The S&P 500 fell 2%, the Dow Jones Industrial Average fell 1.
Jun 28, 2022 4:06 PM
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French parliament elects woman as its speaker, for 1st time
PARIS (AP) — France’s lower house of parliament on Tuesday elected Yaël Braun-Pivet of President Emmanuel Macron’s centrist alliance as its new speaker. She is the first woman to hold the post.
Jun 28, 2022 1:54 PM
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OSFI makes real estate loan changes aimed at reducing lender risk
OTTAWA — Canada's banking regulator is tightening requirements for some types of real estate loansto protect homeowners who may be at greater risk from higher interest rates.
Jun 28, 2022 12:40 PM
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Nova Scotia dispatches team to collect shoppers' data for promised buy local program
HALIFAX — Nova Scotia's Progressive Conservative government says it will gather information from shoppers this summer as it tries to make good on an election promise to increase demand for local products.
Jun 28, 2022 12:06 PM
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Teck Resources announces carbon capture pilot project in Trail, B.C.
VANCOUVER — Teck Resources Ltd. has announced a carbon capture utilization and storage pilot project at its operations in Trail, B.C. The plant will capture three tonnes per day of carbon dioxide from the acid plant flue gas at the Trail operations.
Jun 28, 2022 11:47 AM
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US consumer confidence slumps to lowest level in 16 months
WASHINGTON (AP) — U.S. consumer confidence slipped to its lowest level in 16 months as persistent inflation and rising interest rates have Americans as pessimistic as they've been about the future in almost a decade.
Jun 28, 2022 11:05 AM
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Kinross Gold making progress at Great Bear project in Ontario
TORONTO — Kinross Gold Corp. said Tuesday it is making progress at its Great Bear project in Ontario and expects to declare an initial mineral resource as part of its 2022 year-end results. In an update on the project and others in the U.S.
Jun 28, 2022 11:02 AM
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G-7 leaders united behind Ukraine, aim at Kremlin oil money
ELMAU, Germany (AP) — Leaders of the world’s biggest developed economies said Tuesday they would explore far-reaching steps to cap Russia's income from oil sales that are financing its invasion of Ukraine and struck a united stance to support Kyiv fo
Jun 28, 2022 10:07 AM
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