Thursday July 31, 2014

National Business

top story

Shaw Communications buys data centre for US$1.2B

CALGARY - Shaw Communications (TSX:SJR.B) says it has signed a deal to buy Colorado-based data centre ViaWest, Inc., a provider of cloud and managed services in North America, for US$1.2 billion....

posted: July 31,2014

National Business

Barrick Gold looking to Nevada for growth as it continues to cuts costs

TORONTO - Barrick Gold Corp. is looking at its projects in Nevada the state that helped make the company for growth as it continues to cut costs and focus its operations, chief executive CEO Jamie Sokalsky said Thursday....

EU sanctions some of Russia's biggest banks, limits capital market access for 5 lenders

BRUSSELS - The European Union has revealed the names of five Russian banks it is sanctioning over what the 28-nation bloc decries as Moscow's meddling in Ukraine....

Bombardier says Russian turmoil affecting business aircraft but not Q400 talks

MONTREAL - Bombardier says a Russian economy weakened by Western sanctions is having an effect on business aircraft sales, but has not undermined negotiations to establish a turboprop manufacturing facility or threatened a large CSeries...

TSX moves off record high, tumbles 169 points amid earnings disappointments

TORONTO - The Toronto stock market tumbled more than 150 points Thursday as a number of big Canadian corporations missed earnings forecasts....

Nova Scotia deficit crept to $679M last year, net debt reached all-time high

HALIFAX - New figures show Nova Scotia's deficit ballooned to $678.9 million in 2013-14 as the provincial government released the audited accounts for the last fiscal year....

Maple Leaf Foods posts Q2 loss on increased sales amid restructuring

TORONTO - Higher prices for fresh pork and bacon helped push up sales at Maple Leaf Foods in the second quarter, as the food company continued with its restructuring efforts....

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