Shares of General Motors Corp and Ford Motor Co jumped on Thursday, rebounding from multi-decade lows after U.S. senators reached a bipartisan agreement on a government bailout for the struggling U.S. automakers.
CALGARY, Enbridge Inc said on Thursday it has placed C$500 million ($390 million) in corporate debt with investors in recent days despite market turmoil.
Bombardier Inc said on Thursday it had signed a contract with Ethiopian Airlines for eight turboprop aircraft worth about $242 million.
Teck Cominco will slash spending, sell assets, withdraw from the Petaquilla copper project in Panama and suspend dividend payments under a sweeping plan to cut debt from its acquisition of Fording Canadian Coal Trust, the company said on Thursday.
The Canadian government will take whatever fiscal and monetary measures are needed to combat the global financial crisis, Prime Minister Stephen Harper told Parliament on Thursday.
The Toronto Stock Exchange's main index fell more than 4 percent on Thursday as the financials group was weighed down by an earnings warning from Toronto-Dominion Bank and the price of oil slid to a 42-month low.
The battle between open source and proprietary software is something that is of real interest, and not just in terms of the $1trillion market that it represents.
Tom Bloch walked away from the corporate boardroom and into an urban classroom in 1995. Today he’s still teaching middle school math at the charter school he helped found.
Serial Canadian entrepreneur Suneet S Tuli explains his plans to bring fast and free internet to the developing world.
Peter Fusaro, the Chairman of Global Change Associates, is a recognized “thought leader” on energy and environmental markets and bestselling author of What Went Wrong at Enron. Exec catches up with this man on the move
Kuala Lumpur forms the most industrialized city in Malaysia. Exec finds out how it has become a metropolitan center.
Thursday, November 20, 2008 7:38 AM