Bay Street

Acacia falls 10% after saying it can’t pay $300m to resolve Tanzania standoff

Shares in Acacia Mining plummeted by 10 per cent Friday after the gold miner said it couldn’t afford a $300m “good faith” payment to end a standoff …

Cast Complete for Bay Street Theater's Death of a Salesman

Joe Minutillo directs the limited engagement, which begins in November.<p>Casting has been announced for Bay Street Theater and Sag Harbor Center for …

Get a sneak peek of Cowford Chophouse

1 of 13<p>The second floor dining room and bar decorated with paintings of Cracker Cows by Jacksonville painter Jim Draper. Members of the media were …

Jacksonville

Anxiety returns as Canadian yields drop with bets for hikes

September inflation, August retail sales miss estimatesYields on Canada's short-term sovereign debt slid to a six-week low after underwhelming economic data pared expectations for another interest rate hike this year.<p>Both September inflation and August retail sales came in below analysts' …

Economy

Is Wheaton Precious Metals a Buy?

So far this year <b>Wheaton Precious Metals</b> (NYSE: WPM) shares haven't done much, bouncing along with the price of gold and silver. That showing is no different than that of other precious metals stocks, including <b>Barrick Gold</b> (NYSE: ABX) and <b>Goldcorp</b> (NYSE: GG). But Wheaton isn't a miner and that makes …

Stocks

Streetwise newsletter: The week’s best reads: Natale, oil patch, Barrick

<b>In nod to non-core assets, Joe Natale turns up heat on Rogers reinvention</b><p>Rogers Communications Inc. chief executive Joe Natale has only been on the job for six months. He could be forgiven for ducking tough questions on his plans for what some see as the telecom company's non-core assets: the …

Mortgages

CANADA STOCKS-TSX broadly higher, notches sixth straight week of gains

* TSX up 39.22 points, or 0.25 percent, to 15,857.22<p>* Nine of the TSX's 10 main groups were up<p>* Longest win streak in nearly three years<p>* Touches …

Markets

FTSE flirts with record levels as miners, banks boost

LONDON (Reuters) - A recovery in financials and basic resource stocks boosted Britain's FTSE on Friday after the previous session's losses, as U.S. …

Markets

Your Daily Pharma Scoop: Gilead's Brave New World, AstraZeneca's Lynparza SNDA, Ignyta's Entrectinib Shows Positive Results

Gilead’s Yescarta CART therapy, acquired via the Kite acquisition, approved by the FDA.<p>AstraZeneca’s Lynparza is seeking to expand its label to …

Stocks

FOREX-Dollar rises on hopes for tax reforms; kiwi extends losses

* U.S. Senate passes budget blueprint key to Trump tax plan<p>* Dollar rises broadly, hits 2-week high vs yen<p>* NZ dollar extends fall after Thursday's …

Economy

Oil prices weigh on TSX futures

(Reuters) - Stock futures pointed to a lower opening for Canada's main stock index on Thursday, tracking losses in oil markets as traders took profit amid tensions in Iraq and growing U.S. inventory.<p>December futures on the S&P TSX index <SXFc1> were down 0.37 percent at 7:15 a.m. ET.<p>Canada's …

Economy

British stocks fall as profit warnings bruise IWG, Interserve

LONDON (Reuters) - Britain's main share index .FTSE fell 0.3 percent on Thursday as a weak third-quarter update from Unilever weighed, while mid- and small-cap trading was marred by profit warnings from IWG and Interserve which slashed their market value by a third.<p>A sign displays the crest and …

Brexit

American Express Cobalt VS. Scotiabank AMEX Gold

I just had a reader ask me in my post about the 30,000 point and waived annual fee offer for the <b>Scotiabank American Express Gold Card</b>:<p>Would you say …

American Express

Toronto Stock Exchange closes 35 points higher; U.S. markets mixed

TORONTO — Canada’s main stock index moved moderately higher Thursday, while U.S. stock markets partly recovered from midday losses and finished mixed.<p>…

Markets

TSX earnings scorecard: How third-quarter results have fared so far

<b>Globe editors have posted this research report with permission of Thomson Reuters I/B/E/S. This should not be construed as an endorsement of the report's recommendations. For more on The Globe's disclaimers please read here. The following is excerpted from the report:</b><p>The TSX Composite Earnings …

Markets

AI insights, board progress and the dearth of male allies

<b>Final five</b>: Who will President Trump nominate as Federal Reserve chair? <b>Janet Yellen</b>, whose four-year term as chair ends in February, is one of the …

JP Morgan Chase

‘Mark to fantasy’ stock prices set stage for market volatility

<i>A roundup of what The Globe and Mail's market strategist Scott Barlow is reading today on the Web</i><p>There are few, if any, new major market trends out there. The S&P/TSX Composite is up about 550 points in 2017. Royal Bank, Bank of Nova Scotia and Toronto-Dominion Bank account for over 300 points of …

Markets

The New Blockchain Trend That Could Transform Business

In recent months a new hot topic has emerged in the blockchain and financial technology communities: initial coin offerings (ICOs). Regulators from …

Bitcoin

Royal Bank of Canada shares join the $100 club, despite splitting four times

It may be just another number but Wednesday the share price of the Royal Bank of Canada, the country’s largest corporation with a market cap of $145 …

Finance

Stocks Going Ex-Dividend The Fourth Week Of October

Many stocks are going ex-dividend next week.<p>Use the "buying dividend" strategy.<p>High returns are possible with short-term holdings.<p>Here is our latest …

Stocks

BRIEF-Jeffery Yabuki appointed to board of directors of Royal Bank Of Canada

Oct 19 (Reuters) - Royal Bank Of Canada RY.TO<p>* Jeffery Yabuki appointed to the board of directors of Royal Bank Of Canada

Governance

Pay squeeze continues for British workers

The pay squeeze for Britain’s workforce has continued for the sixth month in a row according to the latest official data, even though unemployment …

Economics

Ontario to offer Amazon nothing new for its HQ2 – except a quality education

Ontario’s big pitch for Amazon.com Inc.’s second home doesn’t currently include a massive tax break for the company, just the promise of highly …

Canadian News

Things you should know as the Toronto Stock Exchange rouses (and Trump can't even take credit)

Briefing highlights<p>TSX on roll: What you should know<br>• Markets at a glance<br>• Manufacturing sales perk up<br>• Ontario won’t spend to lure Amazon<br>• Protectionism could hurt housing: CMHC<p>Whither Toronto stocks<p>If Prime Minister Justin Trudeau were to put on his Trump cap today, he'd be tweeting about the born-again …

Markets

CANADA STOCKS-TSX turns positive shortly after open

TORONTO, Oct 19 (Reuters) - Canada's main stock index turned positive shortly after the open on Thursday as energy stocks reversed opening losses, …

Stocks

Barrick Gold: The Q3 Results May Not Be Pretty

Barrick Gold’s sales dropped substantially on a year-over-over-year and sequential basis in the third quarter.<p>To exacerbate its woes, the company …

Stocks

Corus Entertainment shares fall on revenue miss

Corus Entertainment Inc (CJRb.TO) on Wednesday posted lower-than-expected quarterly revenue, led by a five-per-cent fall in the media company's radio …

Business (Canada)

At the open: TSX rises, led by CP Rail after earnings beat

Canada's main stock index rose on Wednesday, led by Canadian Pacific Railway Ltd after it reported better-than-expected third-quarter profit after the bell on Tuesday, while financial and energy shares also gained ground.<p>The Toronto Stock Exchange's S&P/TSX composite index was up 36.03 points, or …

Economy

‘There’s no silver bullet here’: Global financial firms still grappling with fintech challenge, report finds

Only 46 per cent of global financial firms have a strategy in place to address new financial technologies that are disrupting traditional business …

FinTech

Bots are transforming personal banking around the world

Digital banking brought a transformational wave to the banking system. As traditional banking practices slowly adjusted to the wave, artificial intelligence quickly caught up and made the bot market hotter than ever before.<p>VentureBeat’s 2016 Bots Landscape showed that under 200 companies, which …

Chatbots