Business

Updated 12:07 PM

BP Gulf oil spill costs hit $8B US

BP says it has so far spent roughly $8 billion US responding to the disastrous oil well blowout in the Gulf of Mexico.

1 hour, 33 minutes AGO
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Chinese seek Alberta help in PotashCorp bid

Alberta's pension fund manager has been approached by state-owned wealth funds from China to consider joining a bid for fertilizer giant PotashCorp, but it said Thursday it intends to stay on the sidelines for now.

7 hours, 33 minutes AGO
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No oil leak seen at Gulf of Mexico blast

The U.S. Coast Guard says there are no signs so far that oil has spiiled from the site of an oil platform explosion Thursday in the Gulf of Mexico.

7 hours, 33 minutes AGO
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PQ calls for shale gas moratorium

The opposition Parti Québécois is demanding an immediate moratorium on drilling and exploration for shale gas in the province.

13 hours, 33 minutes AGO
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No sign of oil leak at Gulf of Mexico blast

The U.S. Coast Guard has said that so far, there are no signs that oil has spiiled from the site of an oil platform explosion Thursday in the Gulf of Mexico.

13 hours, 33 minutes AGO
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Metro Vancouver home prices drop 2.8%

Metro Vancouver's real estate market is continuing to cool, with prices and sales dropping from their April highs, according to the latest figures released by the region's real estate board.

15 hours, 33 minutes AGO
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RIM should open up user data: UN agency

The head of the United Nations telecommunications agency has urged BlackBerry maker Research in Motion to allow law enforcement agencies access to customer data.

15 hours, 33 minutes AGO
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Oil sheen seen at site of Gulf of Mexico blast

An oil sheen has been spotted in the Gulf of Mexico near the site of an explosion aboard a Mariner Energy oil platform.

15 hours, 33 minutes AGO
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Vancouver home prices drop 2.8% since April high

Vancouver's real estate market is continuing to cool, with prices and sales dropping from their April highs, according to the latest figures released by the region's real estate board.

17 hours, 33 minutes AGO
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Canadian mining CEOs' bonuses rebound

Canada's mining CEOs' bonus payments climb to 88% of base pay in 2010, compared with 61% in 2009 as commodity markets rebound.

17 hours, 33 minutes AGO
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PotashCorp takeover bid to get review

Saskatchewan Energy Minister Bill Boyd says the province has commissioned an independent review of any takeover of PotashCorp.

17 hours, 33 minutes AGO
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Rig blast in Gulf of Mexico injures 1

Investigators are trying to determine what caused an explosion on an offshore oil production platform in the Gulf of Mexico that injured one person.

17 hours, 33 minutes AGO
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Burger King sold for $3.26B

Burger King Holdings' shares soar to an 18-month high after it says it is selling itself to private equity firm 3G Capital for $3.26 billion US.

19 hours, 33 minutes AGO
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U.S. jobless claims decline by 6,000

The number of Americans filing initial claims for jobless benefits declined by 6,000 for the second week in a row.

19 hours, 33 minutes AGO
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Dell concedes 3Par to HP

Dell Inc. concedes the bidding war for data-storage maker 3Par Inc. to rival Hewlett-Packard.

19 hours, 33 minutes AGO
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Bernanke says too-big-to-fail no option

The U.S. Federal Reserve chairman says regulators must be prepared in future to shut down big banks if their collapse threatens the broader financial system.

19 hours, 33 minutes AGO
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Explosion reported on oil rig in Gulf of Mexico

An explosion on an oil rig in the Gulf of Mexico has injured one person, but all 13 people aboard have been accounted for, the U.S. Coast Guard says.

19 hours, 33 minutes AGO
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Europe stands pat on rates

The European Central Bank leaves its benchmark interest rate unchanged at one per cent for the 16th consecutive month, even as it upgrades its economic forecast for this year and next.

21 hours, 33 minutes AGO
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Quebecor wants Sun TV News on cable, satellite

Quebecor has asked the federal broadcast regulator to oblige cable and satellite networks to make its proposed all-news channel Sun TV News available to subscribers if the channel is approved.

1 day, 9 hours AGO
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Couche-Tard ups Casey's bid

Casey's General Stores, the target of a takeover bid by a Canadian rival, urged its shareholders Wednesday not to act until it has reviewed Alimentation Couche-Tard's improved offer of $38.50 US a share, or $2 billion.

1 day, 13 hours AGO
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