business

TSX Ends Flat as Oil Rally in Wake of OPEC Deal Subsides

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The Toronto stock market finished flat Thursday as the rally in oil prices subsided, while worries over how Deutsche Bank will pay a $14-billion ($18 million Cdn.) fine related to its mortgage-backed securities business weighed on Wall Street. The S&P/TSX composite index climbed 23.12 points at 14,754.55, with energy companies adding on the most gains. The Canadian dollar down 0.23 ...

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Snapchat Spectacles Could Help Bring Focus to Wearables

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With the recent announcement that Snapchat is launching Spectacles, a $130 (U.S.) pair of glasses that can record videos, it brings a new approach that should be welcome to the wearable technology industry. While a lot is still unknown — in particular, how and when to buy these things — there’s lots of interesting speculation about how that company hopes ...

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What a $5M Townhouse Looks Like in NYC, Amsterdam and Paris

The following properties are all townhouses in the same price range, but that’s where their similarities end. Amsterdam Townhouse for $5.3 million ($6.9 million Cdn.) The six-floor residence on the canal front includes beamed ceilings.  (Christie’s International Real Estate)   Size: 8,934 square feet Price/Sq. Foot: $596 Floors: 6 Bedrooms: 9 The home also includes marble flooring and wainscoting.  (Christie’s International Real Estate)   Built ...

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Betting Tips for the CFL 2016

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We have now moved past the halfway stage of the 2016 CFL season, meaning the 104th Grey Cup is a mere two months away and the fans’ excitement is building. Alongside following their chosen teams, some of these fans also put down bets – whether they are gambling on which side will win a particular game or which will claim ...

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Friday Most Popular Day of the Week to Buy Legal Marijuana, U.S. Report Finds

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Leave work as the clock strikes 5, grab a six-pack, and pick up some dank ganja. The weekend has finally arrived. A new report from Headset, a Seattle-based cannabis analytics firm, found that Fridays are the most popular day of the week to go shopping for recreational marijuana. That’s according to data collected from 715,000 August transactions at cannabis retailers in Washington State, ...

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McDonald’s Offers up Four Hour sandwich-making Video

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In the ever-changing landscape of advertising, anything goes — even a seemingly never-ending video of a breakfast sandwich being prepared. Earlier this week McDonald’s posted a four-hour video on YouTube featuring continuous loops of bacon frying, tomatoes being sliced, lettuce drying and other types of food preparation — all designed to draw eyeballs to its new “Zesty BLT More-Ning McWrap.” ...

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Airbus Gets Green Light for First Chance to Sell Planes to Iran

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DUBAI, UNITED ARAB EMIRATES—Airbus on Wednesday became the first airplane manufacturer to get U.S. government permission to sell aircraft to Iran following last year’s nuclear accord, getting final approval for a 17-plane sale that’s part of a larger $25-billion (U.S.) deal. The European aviation company’s announcement, coming as Iranian and U.S. leaders are in New York for the United Nations ...

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Philippines Deepens Crackdown on Its Mining Industry

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The Philippines deepened a crackdown on its mining industry on Wednesday as world’s top nickel shipper announced it will suspend more than 10 mines in addition to 10 halts that have already been made, saying it wants to surpass Canadian and Australian standards. The government is finalizing results of an environmental audit and will make recommendations on what companies should do ...

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CETA Gains Support of Key German Party, Despite Environmental Protests

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WOLFSBURG, GERMANY — A proposed trade deal between Canada and the European Union passed a crucial test Monday after a major German political party opted to support the deal, despite considerable sticking points. Canadian Trade Minister Chrystia Freeland addressed the centre-left Social Democratic Party during a closed-door Monday convention vote on whether to endorse the Comprehensive Economic and Trade Agreement ...

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Apple Inc’s iPhone 7 Release Could Dampen Margins for Big Three Wireless Carriers: Analyst

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The latest iPhone may have consumers flocking to Canada’s Big Three wireless carriers to upgrade their smartphones, but the providers’ margins could take a hit in the next quarter due to the anticipated increase in sales, according to one Bay Street analyst. Higher demand for new hardware is expected to put incremental pressure on the costs of acquiring and retaining ...

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