The dollar touched almost a one-week low after U.S. consumer prices unexpectedly fell in August, damping bets the Federal Reserve will change its pledge to keep interest rates low for a �considerable time.
TORONTO -- Hardly a week into his new role as CIBC's chief executive, Victor Dodig is already showing that he will be cautious and calculated when it comes to growing the business of the Canadian bank.
Shares of U.S. Steel soared Wednesday after the steelmaker said it expects third-quarter results to exceed expectations and that its Canadian subsidiary will explore a bankruptcy restructuring that ultimately allows it to compete more effectively.
By Leah Schnurr. TORONTO (Reuters) - The Canadian dollar firmed against the greenback for a third day on Wednesday but gains were limited by investor caution ahead of a policy statement by the U.S.
MONTREAL - Republic Airways says it will remove 31 Bombardier Q400 turboprops from its fleet as its holding company announced a deal Wednesday to buy 50 E-175 regional jets valued at US$2.1 billion from Brazilian airplane maker Embraer.