Tuesday July 29, 2014





National Business


top story

TSX closes little changed after U.S., Europe impose tough sanctions on Russia

TORONTO - The Toronto stock market closed little changed Tuesday after the U.S. and European Union adopted tough new sanctions on Russia over that country's continued support of Ukrainian rebels, who have been blamed for the downing of an...

posted: July 29,2014





National Business

Canadian dollar closes lower, U.S., EU ratchet up sanctions pressure on Russia

TORONTO - The Canadian dollar closed sharply lower Tuesday with markets turning cautious at the end of the session as the United States and European Union adopted tough new sanctions on Russia over that country's continued support of...


George Weston to focus on growing gluten-free sector, reports Q2 loss of $208M

TORONTO - George Weston Ltd. is placing its bets on gluten-free baked goods as a way to lure in more customers in a heated Canadian grocery market, amid a second-quarter loss that was impacted by the acquisition of Shoppers Drug Mart by...


WestJet readies to take on new low-cost rivals, including Southwest

WestJet Airlines is preparing for the arrival of new low-cost competitors including Southwest Airlines by taking steps to expand its regional service and add wide-body planes to its fleet to access new international routes....


Drugmaker Pfizer's 2nd quarter profit sinks 79 per cent but still beats analyst expectations

Pfizer's second-quarter earnings plunged 79 per cent from last year, when the world's second-largest drugmaker booked a $10 billion-plus gain from a business spinoff....


Fed weighs key questions this week on reversing its low-rate policies but may reveal little

WASHINGTON - This much is clear: The Federal Reserve will make another cut this week in its monthly bond purchases, which have been aimed at keeping long-term loan rates low....


Aetna 2Q profit increases 2.4 per cent, tops forecast

Aetna's second-quarter profit climbed more than 2 per cent, as gains from an acquisition helped the health insurer top expectations and raise its 2014 earnings forecast again....








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