The Toronto stock market registered a solid triple-digit gain late morning Thursday as positive economic news from the eurozone and China and positive earnings encouraged traders to resume buying up stocks beaten down during the sharp retracement of the last few weeks.
Unionized employees at U.S. Steel Canada's plant in Hamilton have ratified a collective agreement that the company says sends a positive message to its suppliers and customers during a court-supervised restructuring.
China may ban Facebook, but not its co-founder Mark Zuckerberg. The young billionaire delighted an audience of students at a prestigious Beijing university this week with a 30-minute chat in his recently learned Mandarin Chinese.
The chairman of Tesco, the world's second-biggest retailer behind Walmart, announced his resignation Thursday amid an accounting scandal in which the company admitted it had overstated its projected profits.
An anti-corruption watchdog says that several of the Group of 20 global economic powers are making little or no effort to enforce rules barring multinational companies from paying bribes abroad, and only Canada has improved significantly in the past year.