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The euro weakened against the other major currencies in the early European session on Tuesday. The euro fell to 0.7059 against the pound, 134.80 against the yen and 1.0396 against the Swiss franc, from early highs of 0.7089, 135.66 and 1.0427, respectively. Against the U.S. and the Canadian dollar,...

The Australian dollar weakened against the other major currencies in the early European session on Tuesday. The Australian dollar fell to a 6-year low of 0.7424 against the U.S. dollar and a 5-month low of 1.4811 against the euro, from early highs of 0.7500 and 1.4707, respectively. Against the...

The U.S. dollar strengthened against the other major currencies ahead of European session on Tuesday. The U.S. dollar rose to nearly a 3-1/2-month high of 1.2672 against the Canadian dollar, from an early low of 1.2643. Against the euro, the pound and the Swiss franc, the greenback climbed to...

The Australian dollar retreated from its recent highs against the other major currencies in the Asian session on Tuesday, after the Reserve Bank of Australia maintained its key interest rate at a record low, as widely expected by economists, but signaled a further rate cut this year. The policy board...

The Australian dollar retreated from its recent highs against the other major currencies in the Asian session on Tuesday. The Australian dollar fell to an 8-day low of 1.1180 against the NZ dollar, from an early 4-day high of 1.0704. Against the U.S. and the Canadian dollar, the aussie dropped...

Information Services Corp. (ISV.TO) or ISC said it has entered into a Subscription Agreement that would result in the company acquiring 30 percent of the issued and outstanding voting, common shares of OneMove Technologies Inc. on closing for C$3.3 million. The transaction is expected to close in the...

Urban Communications Inc. (UBN.V), a telecommunications company, said it has commenced a civil action in the Supreme Court of British Columbia against a supplier owned and controlled by its former Chief Operating Officer. The action claims that the supplier did not provide services for which it billed...

Pure precious metals streaming company Silver Wheaton Corp. (SLW.TO, SLW) Tuesday said it has received a proposal letter dated July 6, from the Canada Revenue Agency or CRA proposing to reassess Silver Wheaton under various rules contained in the Income Tax Act (Canada). The proposal outlines CRA's...

Amorfix Life Sciences Ltd. said it has closed the first tranche of the non-brokered Private Placement announced May 22 and approved at the company's Annual and Special Shareholder Meeting on June 29. Following the closing of the offering, 50.04 million common shares of Amorfix at $0.03 per share were...

The U.S. dollar strengthened against the Canadian dollar in the Asian session on Tuesday. Against the loonie, the greenback rose to nearly a 3-1/2-month high of 1.2667. At yesterday's close, the greenback was trading at 1.2649 against the loonie. If the greenback extends its uptrend, it is likely...

Canadian stocks ended lower on Friday, tracking declining global markets after Greece voted to reject the austerity measures proposed by its international creditors. Weakness in energy and mining stocks weighed on the market as oil prices plummeted over seven percent on the New York Mercantile Exchange. Investors...

Electric and gas utility Fortis Inc (FTS.TO) on Monday said it has agreed to sell the hotel assets of Fortis Properties Corp to a private investor group for $365 million. The portfolio comprises 22 hotels located in seven Canadian provinces. The deal is expected to be completed in the fall of 2015....

The Canadian stock market is losing ground in early trade Monday. Global markets are under pressure after the Greek people voted to reject the austerity measures proposed by the country's international creditors. Weakness in energy and mining stocks is weighing on the Canadian market this morning. The...

Following the release of Canada's Ivey PMI for June at 10:00 am ET Monday, the loonie showed mixed trading against its major rivals. While the loonie declined against the euro, it changed little against the rest of major rivals. The loonie was trading at 1.2649 against the greenback, 1.3958 against...

Canada's Ivey PMI for June is due at 10:00 am ET Monday. Ahead of the data, the loonie slipped against its major rivals. The loonie was quoted at 1.2654 against the greenback, 1.3953 against the euro, 0.9503 against the aussie and 96.91 against the yen as of 9:55 am ET.

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