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Kristian Aquilina named new president and managing director of GM Canada
OSHAWA, Ont. — General Motors has named Kristian Aquilina as GM Canada's new president and managing director. The move is a promotion for Aquilina, who was GM Canada' vice-president for vehicle sales, service and marketing.
Jan 15, 2024 12:45 PM
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Houthi rebels strike a U.S.-owned ship off the coast of Yemen in the Gulf of Aden, raising tensions
JERUSALEM (AP) — Houthi rebels fired a missile, striking a U.S.-owned ship Monday just off the coast of Yemen in the Gulf of Aden, less than a day after they launched an anti-ship cruise missile toward an American destroyer in the Red Sea.
Jan 15, 2024 12:39 PM
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Home sales expected to rebound as rate cuts begin in 2024, but experts urge caution
With interest rate cuts likely on the horizon, the Canadian Real Estate Association expects the number of homes changing hands this year to grow following a slowdown in 2023.
Jan 15, 2024 11:08 AM
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Boeing to increase quality inspections on 737-Max following Alaska Airlines blow out
NEW YORK (AP) — Boeing told employees Monday that it plans to increase quality inspections of its 737 Max 9 aircraft, following the failure of an emergency exit door panel on an Alaska Airlines flight last week.
Jan 15, 2024 10:52 AM
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Statistics Canada says manufacturing and wholesale sales rose in November
OTTAWA — Statistics Canada says manufacturing sales rose 1.2 per cent to $71.7 billion in November, helped by higher sales in the chemical subsector as well as gains in primary metal and machinery groups. Sales of chemical products rose 6.
Jan 15, 2024 8:17 AM
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AGF buying majority stake in alternative investment firm Kensington Capital
TORONTO — AGF Management Ltd. has signed a deal to buy a 51 per cent stake in alternative investment firm Kensington Capital Partners Ltd. for $45 million.
Jan 15, 2024 7:52 AM
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Thomson Reuters raises offer for Pagero Group, acquires majority stake
TORONTO — Thomson Reuters Corp. has raised its offer for Swedish company Pagero Group. Under its revised proposal, the company is offering 50 Swedish kronor in cash per Pagero share in a bid that values the e-invoicing firm at about 8.
Jan 15, 2024 7:08 AM
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Persistence Capital Partners signs deal to take Neighbourly Pharmacy private
TORONTO — Private equity firm Persistence Capital Partners has signed a definitive agreement to buy the stake in Neighbourly Pharmacy Inc. that it does not already own and take the company private.
Jan 15, 2024 7:07 AM
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Bernardo Arévalo sworn in as Guatemala's president despite months of efforts to derail inauguration
GUATEMALA CITY (AP) — Bernardo Arévalo was sworn in as Guatemala’s president on Monday minutes after midnight despite months of efforts to derail his inauguration, including foot-dragging and rising tensions right up until the transfer of power.
Jan 15, 2024 2:47 AM
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Five things to watch for in the Canadian business world in the coming week
Five things to watch for in the Canadian business world in the coming week
Jan 14, 2024 9:00 AM
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