The Canadian dollar has slipped below 80 cents US for the first time in almost six years. The loonie closed at 79.87 cents US on Wednesday, down about three-quarters of a cent from Tuesday's close.
SAN FRANCISCO Jan 28 (Reuters) - Facebook Inc's revenue grew 49 percent in the fourth quarter, as mobile advertising growth helped the world's largest Internet social network beat Wall Street's targets for earnings and sales.
Cenovus Energy Inc. slashed $700-million from its 2015 budget and shelved two more of its oil sands expansion projects, joining a growing list of major energy companies putting off spending in northern Alberta in reaction to sliding crude prices.
TORONTO - The Toronto stock market was sharply lower Wednesday as oil closed below the US$45 mark amid data showing U.S. crude supplies at 80-year highs.
Ottawa has restricted Burger King from axing more than 20 per cent of corporate staff at Tim Hortons' longtime headquarters or regional offices, an Industry Canada spokesman confirms.