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Exercises first right of refusal for TotalEnergies stake ConocoPhillips exercised its right to acquire TotalEnergies SE’s 50 per cent stake in the Surmont oilsands field for as much as US$3.33 billion ($4 billion), giving it full control of the...

Carlos Tavares squeezing Canada's government for more money for stalled battery plant In Italy, Stellantis NV is cutting jobs and being accused of skimping on janitorial work. In the U.S., it’s offering buyouts to scores of staff and has idled ...

Shortages appear to be mostly centred in jobs requiring little education Get the latest from Naimul Karim straight to your inbox Sign Up Labour shortages in Canada appear to be mostly centred in jobs requiring little education, while...

U.S. stocks rose Thursday as a rally in companies linked to the frenzy in artificial intelligence outweighed broader market concerns including a U.S. debt default. The S&P 500 gained 0.9 per cent while the tech-heavy Nasdaq 100 added 2.5 per cent after a b...

More than a quarter of Canadians have plans to purchase an investment property in the next five years, according to a new survey from Royal LePage, though high interest rates have some property investors musing whether to sell. The survey, conducted by Leg...

Canada's leading banks are taking precautions around their credit divisions should consumers fail to pay back their loans. Five of the leading six Canadian banks who have reported second-quarter earnings have revealed a significant jump in loan loss provis...

Keith Richards, president and chief portfolio manager, ValueTrend Wealth Management FOCUS: Technical analysis   MARKET OUTLOOK: Markets entered into a bearish period, as I suggested would happen more than a year ago. ValueTrend was prepared for tha...

Canada's main stock index closed down more than 150 points Thursday, weighed down by losses in energy and telecom, while U.S. stock markets were mixed. The S&P/TSX Composite Index lost 153.61 points, or 0.77 per cent, to finish at 19,774.08. In New York...

Corporate issuers are racing to sell debt denominated in Canadian dollars as the standoff around the U.S. debt ceiling continues and investors look to lock in the highest yields since November.  Bank of Montreal is leading five issuers raising $4.75 billio...

Retail banking in Canada and the U.S. continued to show strong growth Get the latest from Stephanie Hughes straight to your inbox Sign Up Toronto-Dominion Bank has scaled back its medium-term growth outlook and announced it will be re...