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Business

Dorel set to dip toe in retail bike business with N.Y. concept store

MONTREAL - Dorel Industries is dipping its toe in the retail bicycle business by opening a concept store on the outskirts of New York City.

TD Bank looking for cost savings amid continued low interest rates

TORONTO - TD Bank Group (TSX:TD) is looking to cut costs as low interest rates appear likely to put pressure on profit margins for at least another year.

Loonie heads higher despite disappointing Chinese manufacturing data

TORONTO - The Canadian dollar headed higher Thursday despite weaker-than-expected manufacturing data from China.

Oil tracks gains in stocks, erases early losses; US pump price at $3.66 as weekend nears

NEW YORK, N.Y. - An afternoon recovery in U.S. stock markets helped oil reverse early losses Thursday.

Ottawa threatens 'retaliatory measures' over new U.S. meat labelling regulations

WASHINGTON - A Canada-U.S. trade war is apparently looming as Ottawa threatens "retaliatory measures" against the United States in a continuing dispute over meat labelling.

TSX, U.S. indexes dip as world markets plunge on Chinese manufacturing data

TORONTO - Toronto and U.S. stock markets racked up losses Thursday amid a contraction in Chinese manufacturing that drove Tokyo's Nikkei index down to levels not seen in more than two years.

Focus on the Markets

TORONTO - The Canadian dollar closed at 97.14 cents U-S, up 73-100ths from Wednesday's close.

TSX, U.S. indexes fall as world markets plunge on Chinese manufacturing data

TORONTO - Toronto and U.S. stock markets racked up losses Thursday amid a contraction in Chinese manufacturing that drove the Japanese market down to levels not seen in more than two years.

Canada and Pacific Alliance trade bloc size each other up for trade prospects

CALI, Colombia - Canada's many forays into free-trade talks across the globe are not the ineffective scatter-gun approach described by critics, but an effort to set up "gateways" to the world's biggest trading blocs, says International Trade Minister Ed Fast.

Amazon finally bringing Kindle Fire tablet to Canada, ships June 13

TORONTO - About a year and a half after the first model was released in the U.S., Amazon is finally bringing its Kindle Fire tablet to Canada.

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