National Business

 A Toronto Stock Exchange (TSX) logo is seen in Toronto November 9, 2007. REUTERS/Mark Blinch (CANADA)

TSX hits highest level since Oct 2008 on oil, gold

Mon Nov 23, 12:00 AM
TORONTO (Reuters) - Toronto's main stock index rose to its highest level in nearly 14 months on Monday as firm oil prices powered Suncor Energy and its peers, while lofty gold prices also helped gener… more
 A sign is pictured outside Nortel's Carling Campus in Ottawa August 10, 2009. REUTERS/Blair Gable

Ciena beats NSN to buy Nortel's businesses for $769 mln

Mon Nov 23, 12:00 AM
HELSINKI/NEW YORK (Reuters) - Ciena Corp agreed to buy the optical networking and ethernet equipment businesses of bankrupt Nortel Networks for $769 million after trumping a bid from Nokia Siemens Net… more
 A Toronto Stock Exchange (TSX) logo is seen in Toronto November 9, 2007. REUTERS/Mark Blinch (CANADA)

TSX opens higher as resource stocks rally

Mon Nov 23, 12:00 AM
TORONTO (Reuters) - Toronto's main stock index shot higher at the open on Monday as stronger prices for Canadian exports like oil and gold supported the resource-heavy index.… more

N.Y. sentencing of Canadian insider trader delayed

Mon Nov 23, 12:00 AM
NEW YORK (Reuters) - A Canadian attorney behind what U.S. prosecutors describe as the largest insider trading scheme in … more

Canadian retail sales continue climb in September

Mon Nov 23, 12:00 AM
OTTAWA (Reuters) - Canadian retail sales grew twice as much as expected in September as consumers ramped up spending on … more

NY sentencing of Canadian insider trader delayed

Mon Nov 23, 12:00 AM
NEW YORK (Reuters) - A Canadian attorney behind what U.S. prosecutors describe as the largest insider trading scheme in … more

Stocks gain, gold hits new high as dollar eases

Mon Nov 23, 12:00 AM
NEW YORK (Reuters) - Gold scaled a record high on a weak dollar and global stocks jumped on Monday after better-than-exp… more

Ciena beats NSN to buy Nortel ops for $769 mln

Mon Nov 23, 12:00 AM
HELSINKI/NEW YORK (Reuters) - Ciena Corp will buy the optical networking and carrier ethernet business of bankrupt Norte… more

Gold at record; resource plays boost stocks

Mon Nov 23, 12:00 AM
SINGAPORE (Reuters) - Gold powered to another record high on Monday, benefiting from its reputation as a hedge against i… more

Oil, global stocks surge on upbeat economic data

Mon Nov 23, 12:00 AM
NEW YORK (Reuters) - Gold hit a fresh record high on dollar weakness and global stocks surged on Monday after upbeat eco… more
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