Business

TSX, loonie slip as oil prices drop

TSX, loonie slip as oil prices drop

Potash Corp surged 11.5 per cent to $23.30 and Agrium advanced 7.4 per cent to $125.09. Sadiq Adatia, chief investment officer at Sun Life Global Investments, noted that although those companies saw their shares surge, the gains were not enough to lift the whole market.


Two years' bonus for central government employees: Arun Jaitley

Two years' bonus for central government employees: Arun Jaitley

Tapan Sen of the Centre of Indian Trade Unions said, "The announcement on daily wages means only status quo". Speaking to reporters here on Wednesday, members of Joint Committee of Trade Unions (JCTU) alleged that the Centre invited only BMS for the talks and the Sangh accepted the government's assurances.


August US auto sales seen falling about 3 percent

August US auto sales seen falling about 3 percent

Ford said its sales rose to 28,987 vehicles in August, compared with 26,581 units during the same month previous year, fueled by increased demand for trucks. Demand is softening despite model year-end clearance sales, low gas prices, low interest rates and other enticements. Toyota brand sales were down 5 per cent while luxury Lexus sales dropped 8 per cent.


Pending home sales strengthened in July

Pending home sales strengthened in July

Pending home sales in the US rose more than expected in July, bolstering optimism over the health of the housing sector, industry data showed on Wednesday. The lack of supply has home prices climbing at more than double the growth of average wages. He said recent data shows that home builders are already starting to move in this direction.


Man saves pregnant woman from burning auto in Louisiana

Man saves pregnant woman from burning auto in Louisiana

He stopped and ran to the burning auto to get the woman out. "I'm over here!'" Perry said. In footage taken by the reporter with Perry, he can be heard telling the woman to "hold on" as he carries her to safety. The crash victim, who is reported to be seven months pregnant, was taken to hospital following the accident in Baton Rouge, Louisiana and is in a stable condition, with her unborn child uninjured by the crash.


Weak German inflation could push European Central Bank to act

Weak German inflation could push European Central Bank to act

The main cause was a 5.7 percent annual drop in energy prices. Not including energy and other volatile items like food, alcohol and tobacco, overall consumer price inflation was 0.8 percent, a rate the European Central Bank consider too low for a healthy economy.