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Canadian markets news

Ashley Madison founder, CEO Noel Biderman leaves company
TORONTO -- Ashley Madison founder and CEO Noel Biderman is leaving Avid Life Media Inc. as part of a "mutual agreement" with the company.
Noel Biderman, Ashley Madison CEO, steps down  CBC.ca
Ashley Madison CEO Steps Down in Wake of Hacking  ABC News
BBC News  
Ottawa posts $1.1B surplus for June compared with $1.6B in 2014
OTTAWA -- The federal government posted a surplus of nearly $1.1 billion for June -- half a billion less than in the same month last year when the surplus was $1.6 billion.
Canada post surplus in first quarter of fiscal year  Reuters Canada
Harper government ran $5-billion surplus over first quarter: Finance Canada  The Globe and Mail
Scotiabank reports $1.847-billion profit; CEO touts positives of cheap oil
TORONTO - Concerns about the prolonged decline in the value of crude have left a dark cloud hanging over the banks, but the chief executive of Scotiabank is stressing the positive impacts of oil prices on parts of the country's economy.
Scotiabank profit tops estimates, energy-sector bad loans rise  Toronto Sun
Scotiabank energy-sector bad loans climb; profit tops estimates  Reuters
Royalty review: Alberta set to announce panel and plans
Under increasing pressure from opposition parties and industry, the NDP government is set to release details today about Alberta's review of royalty rates paid by oil and gas companies.
Alberta to announce royalties review panel details  CanadianManufacturing.com
Details on Alberta royalty review expected today from NDP government  iNews880.com
SkyGreece airline temporarily stops, blaming financial crisis
SkyGreece apologized to customers and blamed the Greek economic crisis for its problems Friday after announcing it was temporarily stopping operations.
Activist seeks emergency help for SkyGreece Airline's stranded passengers  CTV News
Australia cancels loopy plan for visa police, and other reasons to fear for ...  National Post
Eldorado, miners take legal action over Greek project
ATHENS (Reuters) - Canada's Eldorado Gold ELD.TO and workers at its disputed gold mine project in northern Greece filed a new legal complaint on Friday to overturn a government decision which led to its activities being halted, court officials said.
Eldorado, miners take new legal action over Greek project  The Globe and Mail
Eldorado Gold Corp Downgraded by Canaccord Genuity (EGO)  The Legacy
Two-Year US Bond Yield Approaches 2015 High on Fed Fischer Comments
U.S. Treasury bonds pulled back Friday from earlier price gains as comments from a top Federal Reserve official raised anxiety that the central bank could raise interest rates next month.
Wall Street slips after Fischer's remarks  Reuters
Fed Official Fischer Leaves Door Open for September Rate Increase  New York Times
CompaniesTesla battery deal sends miner's shares surging
Is this a case of a miner being sprinkled with some fairy dust from Tesla Motors? Canadian miner Bacanora Minerals, along with its partner Rare Earth Minerals, has signed a conditional agreement with Tesla to supply lithium for the electric car maker's ...
Tesla Secures Lithium Hydroxide Supply for Its Battery Factory  Wall Street Journal
Tesla (TSLA) Enters Lithium Supply Deal With Bacanora Minerals and Rare ...  Zacks.com
Drone-killing laser weapon demoed by Boeing
A laser weapon that can take down a drone from hundreds of metres away in under a minute now really exists. Aerospace giant Boeing held a media demonstration of its Compact Laser Weapons System this week in Albuquerque, N.M.. Watch Age of the ...
Boeing's New Compact Laser Cannon Is Designed to Shoot Down Drones  Gizmodo
Boeing Introduces Super Accurate Drone-Killing Laser [Watch]  Latin Post
Wild week for markets ends with whimper
Global stocks across the board rose in Friday trade after a rollercoaster few days. But shares in China still ended the week almost 8 percent lower as concerns over the world's second largest economy take hold.
Wild week for markets set to end with whimper  Reuters Canada