ADVERTISEMENT

Algoma Steel part of $182M deal to supply steel for icebreakers

Algoma Steel has signed an agreement to supply steel for six Canadian Coast Guard icebreakers with Seaspan Shipyards and Stigterstaal Canada to supply structural steel for the new fleet.

Nvidia and other Big Tech stocks lift the U.S. market despite drops for Apple and much of Wall Street

A rebound for several influential Big Tech stocks is helping to lift the U.S. market on Tuesday despite a fall for Apple and mixed trading elsewhere on Wall Street.

S&P/TSX composite down more than 250 points, U.S. stock markets mixed

Canada’s main stock index fell more than 250 points on Tuesday, weighed down by losses in the technology sector, while U.S. markets were mixed.

RioCan's retail occupancy hits record amid low supply, high demand

RioCan Real Estate Investment Trust reported its retail committed occupancy rate hit a record high of 98.9 per cent in its third quarter.

300 locations for Toys ‘R’ Us in Canada to open by the end 2027

The new owner of Toys “R” Us Canada will revive the brand by opening dedicated shopping areas within Staples Canada stores.

More women in top management, but inequalities persist: UN

The number of women in top leadership jobs at companies worldwide has risen since 2013, but inequalities remain at lower managerial levels, the International Labour Organization said Tuesday.

Foodtastic makes takeover offer for MTY Food Group; MTY replaces CEO

Restaurant franchisor Foodtastic Inc. is making a takeover offer for MTY Food Group Inc. worth about $982 million.

De Havilland to ramp up production after $2.5B in federal financing

The federal government is pledging up to $2.5 billion in financing for Canadair water bomber maker De Havilland Canada in a bid to ramp up production.

Hydro-Québec could be forced to rely on U.S. and other provinces, according to supply plan

Hydro-Québec has released a report suggesting it may need to import electricity from neighbouring provinces or the United States within the next three years.

Binance hackers used fake job interview in US$6.3 billion attack

Hackers stole US$6.3 billion from Binance, the world’s biggest cryptocurrency exchange, in a record theft that analysts pinned on North Korea and said could shake faith in digital assets.

TransAlta, Brookfield, CPP Investments to build new Alberta data centre

Teams with TransAlta Corp. have been busy fielding questions from rural residents west of Edmonton, where they aim to build a new data centre.

Shopify reports US$462M Q3 net income

Shopify Inc. reported US$462 million in third-quarter net income, up from US$264 million in the same quarter last year, as its revenue rose more than 30 per cent.

DuPont raises annual profit forecasts, sees upbeat Q4 on healthcare, aerospace strength

DuPont lifted its full-year profit forecasts on Tuesday and projected current-quarter earnings above Wall Street estimates after a third-quarter performance boost from strong healthcare, aerospace and industrial water markets demand.

Yum says Taco Bell rebounding after cyclosporiasis outbreak hit Q3 sales

Yum Brands said same-store sales at Taco Bell were recovering after a wider-than-expected decline in the third quarter following a multistate cyclosporiasis outbreak that hurt traffic at the Tex-Mex chain.

Pfizer raises 2026 forecasts as Eliquis, cancer drugs drive Q3 results

Pfizer raised its full-year profit and revenue forecasts on Tuesday as strong demand for its recently acquired cancer drug Padcev and blockbuster blood thinner Eliquis led to higher-than-expected third-quarter results.