For the second time this week, a Canadian bank has dramatically raised its estimate of how much money it will lose because of soured loans to the struggling oil and gas sector, surprising analysts as the banks get ready to report their second quarter ...
Oil prices fell on Friday as investors cashed in on a 20-per cent rise over the past month, outweighing the impact of crude production cuts in Canada where a huge wildfire has disrupted oil sands operations.
TOKYO May 6 Japanese stocks fell on Friday as caution prevailed ahead of a U.S. jobs report, while investors also worried about the impact of a strong yen on corporate profits.
VANCOUVER -- Telus Corp. has agreed to sell 35% of its international call-centre and outsourcing subsidiary to an Asian private equity firm and expects to receive about $600 million in proceeds from the deal.
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