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Canadian markets news

Ottawa urges telecom companies to axe paper-bill charge
With household telecom bills regularly surpassing $100 a month, it might be easy to gloss over a $2 fee, but Ottawa wants communications companies to change the practice of charging for the privilege of reviewing a paper bill.
Telecoms reach paper bill fee exemption plan but CRTC says it's not good ...  580 CFRA Radio
Statement by Jean-Pierre Blais, Chairman of the CRTC, on paper bill fees  DigitalJournal.com
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Today's analyst upgrades and downgrades
Inside the Market's roundup of some of today's key analyst actions. This file will be updated during the trading day. Analysts' price targets on National Bank of Canada are going up after the financial institution Wednesday reported better-than-expected fiscal ...
Why are Canada's big banks getting booed, even after beating expectations?  Financial Post
Canada's Banks Report Sturdy Deposit Growth in Domestic Retail Units  Wall Street Journal
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Nordstrom prepares for Calgary opening
It's one of the largest retail chains in the United States, but upscale giant Nordstrom Inc. is striking a decidedly humble tone in the lead-up to the opening of its first Canadian store at Calgary's Chinook Centre.
High-end retailers look to capitalize on the spending habits of Calgarians  CTV News
Three weeks until Nordstrom opens in Canada  660 News
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Ashley Madison sues South Korea over allegations of illegal activity
In this Tuesday, April 1, 2014 photo, Noel Biderman, chief executive of Avid Life Media Inc., which operates AshleyMadison.com., poses during a photo session in Tokyo.
Ashley Madison suing South Korea for blocking its site  Sun News Network
Ashley Madison sues South Korea for being anti-competitive  e27
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Dig up Edmonton parking lots, put up a paradise
Everyone from career-minded university graduates to well-off retirees will want to relocate, even NHL players. To Edmonton. It's the ambitious vision of billionaire Daryl Katz.
John MacKinnon: Katz finds perfect pitchman for Edmonton Arena District: Himself  Edmonton Journal
Arena top project on continent: Oilers owner  Globalnews.ca
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UPDATE 2-Tragedy-hit Malaysia Airlines to lose 6000 jobs in bold revamp
... * Malaysia Airlines to cut staff by 30 pct to 14,000. * Carrier to be de-listed by end of this year. * Aims to return to profitability within 3 years of de-listing (Recasts, adds comments from banker, prime minister, details).
Malaysia Airlines to Cut 30% of Work Force  New York Times
Malaysia Airlines Revival Plan to Cost Up to $1.9 Billion  Wall Street Journal
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Drilling furiously: Chinese energy giants turn upbeat on shale gas
By Charlie Zhu. HONG KONG Aug 29 (Reuters) - China's energy heavyweights Sinopec Corp and PetroChina have upgraded their outlook on the country's shale gas industry, citing steadily declining costs, but stopped short of predicting a near-term boom.
PetroChina Vows Catch Up With Sinopec Starting With Shale  Bloomberg
PetroChina behind Sinopec in China's shale gas race  Financial Times
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Abercrombie & Fitch: logo loses power, sharp drop in shares
The logo Abercrombie & Fitch no longer has the power it wielded once. Yesterday, there was a sharp drop in the shares of Abercrombie & Fitch Co.
Abercrombie & Fitch discovers that US teens no longer like wearing its ...  The Week Magazine
Abercrombie & Fitch dropping logo on clothes  CTV News
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Holt Renfrew to close Ottawa, Quebec City stores in 2015
Luxury retailer Holt Renfrew will close its smaller stores in Ottawa and Quebec City to help it expand in other Canadian cities, as well as open a new store in Mississauga, Ont.
Holt Renfrew to close Ottawa store after 78 years  Ottawa Citizen
Holt Renfrew's fate in Ottawa may have been sealed by lack of prime ...  Financial Post
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Drop Lac-M�gantic charges, lawyers ask
MONTREAL - Criminal charges against two men accused in the Lac-M�gantic tragedy should be dropped, their union and lawyers argued Thursday.
Video: Lawyers want charges dropped for Lac-M�gantic train employees  Montreal Gazette
Lawyers for Lac-Megantic accused want charges dropped, call for public inquiry  580 CFRA Radio
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