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  • The Blackberry sign is pictured in Waterloo
    BlackBerry considers closing Sweden operations

    (Reuters) - BlackBerry Ltd is considering closing its offices in Sweden, a move that would result in the loss of up to 100 jobs, a company spokesperson told Reuters. "At this time, we are considering …

    The Blackberry sign is pictured in Waterloo

    (Reuters) - BlackBerry Ltd is considering closing its offices in Sweden, a move that would result in the loss of up to 100 jobs, a company spokesperson told Reuters. "At this time, we are considering the closure of our offices in Sweden. BlackBerry had about 7,000 people as of Sept. 2014, according to the its website …

  • Canadian media company Stingray unveils IPO plans

    By Euan Rocha and Allison Lampert TORONTO/MONTREAL (Reuters) - Stingray Digital Group, a business-to-business music provider and media company, said on Friday it plans to go public through a listing on …

    By Euan Rocha and Allison Lampert TORONTO/MONTREAL (Reuters) - Stingray Digital Group, a business-to-business music provider and media company, said on Friday it plans to go public through a listing on the Toronto Stock Exchange. A source familiar with the company's plans, who asked not to be named as the details of the …

  • Woman takes pictures with smart phone as she stands in front of Apple Watch display at electronics store in Tokyo
    Apple aims to ship more than 20 million smartwatches in 2015: sources

    Apple Inc aims to ship at least 20 million Apple Watches this year, well above many analysts' forecasts, according to supply chain sources. Shipment estimates for the smartwatch, Apple's first …

    Woman takes pictures with smart phone as she stands in front of Apple Watch display at electronics store in Tokyo

    Apple Inc aims to ship at least 20 million Apple Watches this year, well above many analysts' forecasts, according to supply chain sources. Shipment estimates for the smartwatch, Apple's first wearable gadget that went on sale on Friday, vary widely as it's a relatively new type of consumer product and the market …

  • Comcast plans to drop Time Warner Cable merger: source

    Comcast Corp abandoned its $45 billion offer for Time Warner Cable Inc on Friday after U.S. regulators raised concerns that the deal would give Comcast an unfair advantage in the cable TV and Internet-based …

    Pedestrians walk past the Time Warner Cable headquarters in New York

    Comcast Corp abandoned its $45 billion offer for Time Warner Cable Inc on Friday after U.S. regulators raised concerns that the deal would give Comcast an unfair advantage in the cable TV and Internet-based services market. The collapse of the deal opens the door for other possible offers for Time Warner Cable, but also …

  • TFSA changes, loonie travel and KD's new colour: BUSINESS WEEK WRAP

    It's an idea that has fans and detractors on both sides, but nobody managed to synthesize the issues as pithily as the Finance Minister himself did, in an interview on The Exchange with Amanda Lang that …

    It's an idea that has fans and detractors on both sides, but nobody managed to synthesize the issues as pithily as the Finance Minister himself did, in an interview on The Exchange with Amanda Lang that night. Canadians are putting the brakes on cross-border car travel to the U.S., new numbers from Statistics Canada showed …

  • TSX edges higher as base-metals miners rise, golds drop

    By Alastair Sharp TORONTO (Reuters) - Canada's main stock index gained modestly on Friday, rising 0.3 percent on the week, as a jump in base metal miners overcame a drop in gold miners, which were hit …

    A man walks past an old Toronto Stock Exchange sign in Toronto

    By Alastair Sharp TORONTO (Reuters) - Canada's main stock index gained modestly on Friday, rising 0.3 percent on the week, as a jump in base metal miners overcame a drop in gold miners, which were hit by a one-month low in bullion prices. A rise in heavily weighted financial stocks also helped the Toronto Stock Exchange's …

  • Ford recalling Fiesta, Fusion, Lincoln MKZ on door latch issue

    Ford Motor Co said on Friday it is recalling about 390,000 Ford Fiesta and Fusion and Lincoln MKZ models in North America because of a potential door latch malfunction. The driver's door can become unlatched …

    A Ford logo is seen during preparations for the 2014 LA Auto Show in Los Angeles

    Ford Motor Co said on Friday it is recalling about 390,000 Ford Fiesta and Fusion and Lincoln MKZ models in North America because of a potential door latch malfunction. The driver's door can become unlatched while the car is in motion, increasing the risk of injury, Ford said. Affected vehicles were produced at Ford plants …

  • Pop star Justin Bieber settles lawsuit with Florida photographer

    By Zachary Fagenson MIAMI (Reuters) - A lawsuit against pop star Justin Bieber over an incident involving a photographer in Miami has been resolved, according to attorneys. A lawyer for photographer …

    Justin Bieber poses during Comedy Central Roast of Justin Bieber at Sony Studios in Culver City

    By Zachary Fagenson MIAMI (Reuters) - A lawsuit against pop star Justin Bieber over an incident involving a photographer in Miami has been resolved, according to attorneys. A lawyer for photographer Jeffrey Binion declined to comment further and wouldn't say when the agreement was reached or if it involved a financial …

  • Brent at 4-1/2 month high; U.S. crude up for sixth week

    Fighting between Yemen's warring factions raged in southern and central parts of the country, and air strikes from a Saudi-led coalition hit Houthi militia forces, creating more tensions over the security …

    Pump Jacks are seen at sunrise near Bakersfield

    Fighting between Yemen's warring factions raged in southern and central parts of the country, and air strikes from a Saudi-led coalition hit Houthi militia forces, creating more tensions over the security of Middle East oil supplies. A softer dollar also lent support to Brent and formed a floor beneath falling U.S. crude …

  • Unifor denounces $526M loan for Volkswagen 'match-making' process

    Earlier this week, EDC announced it would loan the $526 million to Volkswagen, which has no manufacturing presence in Canada, to help it consider doing business with Canadian parts makers. Under WTO rules, …

    Unifor denounces $526M loan for Volkswagen 'match-making' process

    Earlier this week, EDC announced it would loan the $526 million to Volkswagen, which has no manufacturing presence in Canada, to help it consider doing business with Canadian parts makers. Under WTO rules, EDC cannot tie its loans to specific purchases.

  • TransCanada seeks U.S. permit on Upland line as Keystone waits

    TransCanada Corp, whose controversial Keystone XL pipeline project has waited more than six years for U.S. approvals, is asking the Obama administration to approve another pipeline, one that would take …

    A TransCanada Keystone Pipeline pump station operates outside Steele City, Nebraska

    TransCanada Corp, whose controversial Keystone XL pipeline project has waited more than six years for U.S. approvals, is asking the Obama administration to approve another pipeline, one that would take American crude oil into Canada. The company, Canada's No. 2 pipeline operator, said it applied on Wednesday for a presidential …

  • TFSA limit change takes effect immediately, Ottawa clarifies

    Canadians don't need to wait for the budget to be passed before taking advantage of the TFSA changes announced in it, officials at the Canada Revenue Agency and Finance Department said Friday. Earlier …

    FedBudget 20150421

    Canadians don't need to wait for the budget to be passed before taking advantage of the TFSA changes announced in it, officials at the Canada Revenue Agency and Finance Department said Friday. Earlier this week, a proposal to hike the annual limit of how much a taxpayer can contribute to a TFSA to $10,000 was a central …

  • Oil shock will hurt but will be short lived, Poloz says

    In a speech in Washington on Friday, Stephen Poloz said the impact of lower oil prices hit the economy hard in the first quarter of the year. "Starting in the second quarter we think the positives will …

    In a speech in Washington on Friday, Stephen Poloz said the impact of lower oil prices hit the economy hard in the first quarter of the year. "Starting in the second quarter we think the positives will be more important than the negatives, and certainly in the second half of this year, this shock should be fully behind …

  • What could McDonald's do to win back customers?

    NEW YORK, N.Y. - When it comes to McDonald's, everyone seems to have an opinion about what the company needs to do differently.

    What could McDonald's do to win back customers? A look at some suggestions

    NEW YORK, N.Y. - When it comes to McDonald's, everyone seems to have an opinion about what the company needs to do differently.

  • GM CEO Barra's compensation triples to $15.8M during first year in top job

    DETROIT - General Motors CEO Mary Barra's compensation more than tripled in 2014 to $15.8 million in her tumultuous first year in the automaker's top job.

    General Motors CEO Mary Barra speaks next to the 2016 Chevrolet Volt hybrid during the first press preview day of the North American International Auto Show in Detroit

    DETROIT - General Motors CEO Mary Barra's compensation more than tripled in 2014 to $15.8 million in her tumultuous first year in the automaker's top job.

  • Canadian dollar above 82 cents US and getting stronger

    The Canadian dollar closed above 82 cents US on Friday after a week in which strengthening oil prices drew the currency higher. On Friday, the West Texas Intermediate crude contract was trading at $57.21 …

    The Canadian dollar closed above 82 cents US on Friday after a week in which strengthening oil prices drew the currency higher. On Friday, the West Texas Intermediate crude contract was trading at $57.21 US a barrel, down from its high over $58 on Thursday.

  • Oil price shock soon to be positive overall for Canada: Poloz

    Canada's economy will start to show more positive than negative effects from the drop in oil prices from the second quarter onwards, Bank of Canada Governor Stephen Poloz said on Friday. The Bank of Canada …

    Bank of Canada Governor Stephen Poloz arrives at a news conference in Ottawa

    Canada's economy will start to show more positive than negative effects from the drop in oil prices from the second quarter onwards, Bank of Canada Governor Stephen Poloz said on Friday. The Bank of Canada kept interest rates on hold last week after a surprise 25-basis-point cut in January, and markets have unwound bets …

  • If this key trend ends, stocks could be in trouble

    The American economy can't grow alone forever, traders warn.

    If this key trend ends, stocks could be in trouble

    The American economy can't grow alone forever, traders warn.

  • Greece, European creditors fail to reach deal on bailout, need 'significantly more progress'

    RIGA, Latvia - Greece remains at loggerheads with its European creditors on an economic reform program required to unlock money the country will need to avoid a possible default and even an exit from the …

    Eurozone's top official says time running out for Greece to secure deal to avoid bankruptcy

    RIGA, Latvia - Greece remains at loggerheads with its European creditors on an economic reform program required to unlock money the country will need to avoid a possible default and even an exit from the ...

  • Canadian finance figure died in Mongolia of illness: police

    By Terrence Edwards ULAN BATOR (Reuters) - A preliminary examination shows that Jim Doak, a well-known figure in Canada's financial industry who was found dead in his hotel room in Mongolia on Thursday, …

    By Terrence Edwards ULAN BATOR (Reuters) - A preliminary examination shows that Jim Doak, a well-known figure in Canada's financial industry who was found dead in his hotel room in Mongolia on Thursday, died of an unspecified illness, local police said on Friday. His body was discovered in his room at the Blue Sky Tower …