German industrial conglomerate Siemens AG SIEGY 0.01 % has held talks to combine its rail unit with Canada-based Bombardier Inc. BDRBF 5.93 % 's train business, people familiar with the matter said.
By Binyamin Appelbaum WASHINGTON: The Federal Reserve remains on track to raise interest rates later this year, and perhaps as soon as its next policy meeting in mid-September, as economic growth continues to meet its expectations.
TORONTO (Reuters) - Canada's main stock index jumped on Wednesday, helped by gains in banks, railways and oil companies as crude prices bounced from near six-month lows and the Federal Reserve left the door open for a September interest rate hike.
The first phase of the cleanup operation triggered by the Mount Polley tailings pond collapse has been completed. On Aug. 4, 2014, the massive dam storing tailings from the gold and copper mine gave way, spilling 24 million cubic metres of mine waste ...
The Conference Board of Canada issued its most dismal forecast for the Canadian economy since 2009, projecting just 1.6 percent growth this year as lower oil prices, a near-record trade deficit, and waning business investment continue to take their toll.