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S&P/TSX composite down as Nasdaq loses 10 per cent over three days

S&P/TSX composite down as Nasdaq loses 10 per cent over three days

TORONTO — Canada's main stock index fared better than its U.S. counterparts Tuesday even as the technology pullback carried over into a second week of trading. The S&P/TSX composite index closed down 118.49 points or 0.73 per cent to 16,099.52.
Great-West subsidiary buys MassMutual retirement services business in $4.4B deal

Great-West subsidiary buys MassMutual retirement services business in $4.4B deal

WINNIPEG — A Great-West Lifeco Inc. subsidiary aims to strengthen its position in the U.S. market with a $4.4-billion acquisition of the retirement services business of Massachusetts Mutual Life Insurance Co.
Consumer borrowing follows June gain with 3.6% rise in July

Consumer borrowing follows June gain with 3.6% rise in July

WASHINGTON — U.S. consumer borrowing rose by a solid 3.6% in July, the second monthly gain after the coronavrius pandemic had sent borrowing down sharply in the previous three months. The Federal Reserve reported Tuesday that the 3.
Belarus activist resists effort to deport her to Ukraine

Belarus activist resists effort to deport her to Ukraine

KYIV, Ukraine — A leading opposition activist in Belarus was held on the border with Ukraine on Tuesday after she resisted an attempt by authorities to deport her as part of government efforts to end a month of protests against authoritarian Presiden

Battered by COVID-19, cool weather could be turning point for mall owners

TORONTO — Autumn’s cooler weather will be a key test for retail landlords — particularly at shopping malls, which were ailing before COVID-19 and are now reckoning with the aftermath.
GM to make electric vehicle, supply batteries for Nikola

GM to make electric vehicle, supply batteries for Nikola

DETROIT — General Motors announced its second major electric vehicle partnership in less than a week on Tuesday, this time a $2 billion deal with startup Nikola.
Ford Motor to face off with union as labour negotiators narrow focus

Ford Motor to face off with union as labour negotiators narrow focus

TORONTO — Ford Motor Co. will be the target of this year's labour negotiations with Unifor, the union said Tuesday ahead of a strike deadline later this month.
Suncor shares fall on lower production after oilsands mine fire repairs wrap up

Suncor shares fall on lower production after oilsands mine fire repairs wrap up

CALGARY — Shares in Suncor Energy Inc. traded sharply lower on Tuesday after it trimmed 2020 production guidance despite restarting its Base Plant oilsands mining operation following a fire in mid-August. In Toronto, the shares fell by as much as $1.
Uber unveils Canadian commitments to reach goal of being emission-free by 2040

Uber unveils Canadian commitments to reach goal of being emission-free by 2040

TORONTO — Uber Technologies Inc. is launching a handful of sustainability measures in Canada in an effort to reach lofty goals it has set for lowering greenhouse gas emissions.
Porter delays restart of flight operations five weeks to mid-November

Porter delays restart of flight operations five weeks to mid-November

TORONTO — Porter Airlines Inc. is extending its suspension of all flights until Nov. 12, five weeks after its previously announced target to resume flying.
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