Skip to content

National Business

Bombardier Transportation consortium preferred bidder in $4.5B Cairo monorail

Bombardier Transportation consortium preferred bidder in $4.5B Cairo monorail

MONTREAL — Bombardier Transportation says its consortium has been named preferred bidder in a C$4.5 billion contract to build and supply a new monorail system in Egypt's capital.
Green parties' gains could boost climate action in Europe

Green parties' gains could boost climate action in Europe

BERLIN — Green parties' surprisingly strong showing in elections for the 751-seat European Parliament raised hopes — particularly among young voters — that global warming and other environmental issues will get more serious consideration on the conti
New auto giant? Fiat Chrysler wants to merge with Renault

New auto giant? Fiat Chrysler wants to merge with Renault

PARIS — Fiat Chrysler proposed on Monday to merge with France's Renault to create the world's third-biggest automaker, worth $40 billion, and combine forces in the race to make electric and autonomous vehicles.
Toronto stock market recovers some of last week's losses on quiet day of trading

Toronto stock market recovers some of last week's losses on quiet day of trading

TORONTO — Canada's main stock index started the week by recovering some of last week's losses on broad-based gains during a quiet day of trading. The S&P/TSX composite index closed up 116.62 points to 16,346.

Most actively traded companies on the TSX

Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (16,346.66, up 116.62 points ). Stornoway Diamond Corp. (TSX:SWY). Materials. Up half a penny, or 25 per cent, to 2.5 cents to 8.3 million shares.

Canadian Utilities selling Canadian fossil fuel-based power assets

CALGARY — Eight months after announcing a strategic review of its power plants business, Canadian Utilities Ltd. has struck a deal to sell its entire Canadian fossil fuel-based electricity generation portfolio for about $835 million.
Farage claims pro-Brexit momentum after divisive UK vote

Farage claims pro-Brexit momentum after divisive UK vote

LONDON — British euroskeptic Nigel Farage said Monday that his new Brexit Party's victory in the European election should spur Britain to leave the European Union even without a divorce deal — a call echoed by many senior Conservatives, stung by thei
North American-focused Fiat Chrysler looks to partner with France's Renault

North American-focused Fiat Chrysler looks to partner with France's Renault

Canadian automobile manufacturing will be a small contributor to the reshaping of the global industry stemming from a merger proposed Monday by Fiat Chrysler with France's Renault to create the world's third-biggest automaker.
Longshore union stalls full-scale strike, begins overtime ban at Vancouver port

Longshore union stalls full-scale strike, begins overtime ban at Vancouver port

VANCOUVER — Two major container terminals at the Port of Vancouver will not be behind picket lines although longshore workers are in a legal strike position.