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The Bank of Canada maintained its key interest rate Wednesday as it credited global economic conditions and its January cut for helping the country weather the bruising oil slump.
Encana Corp. (TSX:ECA) is looking to raise $1.25 billion in a share offering, which it says it will use to tackle debt.
Chinese stocks led Asian markets lower on Thursday after the country's leaders cut the annual growth target for the world's No. 2 economy.
A survey from the Bank of Montreal (TSX:BMO) suggests fewer Canadians were contributing to their RRSP this year, but that contributions were higher than recent years.
Exxon Mobil CEO Rex Tillerson expects the price of oil to remain low over the next two years because of ample global supplies and relatively weak economic growth.
The Canadian dollar closed higher Wednesday as the Bank of Canada announced it would keep its key rate unchanged at 0.75 per cent.
McDonald's says it plans to require chicken suppliers to stop using antibiotics important to human medicine within two years.
Asian, Western European and Australian cities dominate the latest survey ranking the most expensive cities in the world, with Singapore topping the list for the second consecutive time.
Target Corp. is cutting several thousand jobs as part of a plan to eliminate $2 billion in costs over the next two years.
France's nuclear industry is in turmoil after the country's main reactor manufacturer, Areva, reported a loss for 2014 of 4.8 billion euros ($5.3 billion) -- more than its entire market value.
The union representing Canada's postal workers wants the Federal Court to declare the cancellation of home mail delivery unconstitutional and a violation of the federal Charter of Rights and Freedoms.
The Toronto stock market closed lower Wednesday in a broad-based decline led by mining, energy and financial issues.
The 19-country eurozone's economy is kicking into a higher gear thanks to falling oil prices and the lower euro, but the recovery is still far short of that experienced by the U.S.