Business

S&P/TSX slightly up in late-morning trading, U.S. markets rise

TORONTO — Canada's main stock index was up slightly while New York markets were also in positive territory late Friday morning. The S&P/TSX composite index was up 28.26 points at 34,437.75. In New...

5m ago

IndyCar agrees to multiyear extension with NTT to remain as series' title sponsor

INDIANAPOLIS (AP) — IndyCar officials have agreed to a multiyear contract extension that will keep NTT as the series' title sponsor. The announcement came Friday before the final scheduled...

15m ago

Bell boosts cellular capacity in Montreal for Grand Prix weekend

MONTREAL — Bell Canada says it has boosted cellular capacity for this weekend's Canadian Grand Prix in Montreal in anticipation of a surge in network demand. The company says it has increased overall...

25m ago

World Cup expected to boost Toronto tourism even if hotel bookings haven't surged

TORONTO — Hotel industry and tourism groups in Toronto say they are optimistic that FIFA World Cup matches will bring many people to the city and boost the local economy despite a lack of surge in hotel...

35m ago

Chinese fast-fashion juggernaut Shein to buy eco-friendly Everlane in an unlikely fit

NEW YORK (AP) — Everlane, the retailer that bucked the fast-fashion industry by promising affordable ethically sourced and sustainable clothing, is being acquired by the king of fast-fashion, China's...

45m ago

Slate Grocery REIT considering possible sale after unsolicited proposal

TORONTO — Slate Grocery REIT says it has set up a special committee of independent trustees which is soliciting proposals from third parties after receiving an offer. The Toronto-based real estate investment...

1h ago

Iran war hammers CAE's bottom line, with training centre shutdowns on the horizon

MONTREAL — The head of CAE Inc. says the Iran war is poised to continue hammering its bottom line, as the flight simulator maker scales back its footprint abroad to achieve millions of dollars in savings. CEO...

1h ago

Ukrainian protesters in Kyiv urge veto of a bill families fear could declare missing soldiers dead

KYIV, Ukraine (AP) — Hundreds of Ukrainians marched through the capital on Friday, demanding that the government veto a bill that families of missing soldiers say could lead to their loved ones being...

1h ago

Estee Lauder and perfume maker Puig end merger talks

Estee Lauder and perfume maker Puig have ended merger talks that would have potentially put brands like MAC, Clinique, Charlotte Tilbury and Jean Paul Gaultier under one roof. Estee Lauder...

1h ago

Oil and gas prices to remain high in Europe at least until the end of 2027, officials say

NICOSIA, Cyprus (AP) — European Union officials said Friday that Europeans can expect oil and gas prices to remain above what they were before the Iran war for at least until the end of 2027, with prices...

2h ago