Business World

Exxon Mobil agreed to buy U.S. rival Pioneer Natural Resources in an all-stock deal valued at $59.5 billion that would make it the biggest producer in the largest U.S. oilfield and secure a decade of low-cost production. Biggest deal for Exxon since it bought Mobil Exxon Mobil agreed to buy …

Spin Master Corp. announced a deal on Wednesday to buy U.S.-based toy company Melissa & Doug for $950 million US. Price tag could go up if certain financial targets are met Spin Master Corp. announced a deal on Wednesday to buy U.S.-based toy company Melissa & Doug for $950 million …

Canadian labour union Unifor said on Tuesday it will initiate strikes at General Motors facilities in the country as negotiations with the automaker hit a roadblock. Strike affects facilities in Oshawa, St. Catharines and Woodstock in Ontario Canadian labour union Unifor said early on Tuesday it would begin strikes at …

Canadian labour union Unifor said on Tuesday it will initiate strikes at General Motors facilities in the country as negotiations with the automaker hit a roadblock. Strike affects facilities in Oshawa, St. Catharines and Woodstock in Ontario Canadian labour union Unifor said early on Tuesday it would begin strikes at …

Union workers at Mack Trucks went on strike Monday after voting down a tentative five-year contract agreement that negotiators had reached with the company. 30,000 UAW workers across 22 states now on strike Union workers at Mack Trucks went on strike Monday after voting down a tentative five-year contract agreement …

Oil prices jumped and stock markets around the world mostly slumped fter deadly attacks by Hamas from the Gaza Strip prompted Israel to declare war. The price of a barrel jumped by almost $5 on Monday, mostly on concerns that the volatile situation could ensnare more countries in the Middle …

Economic data has been surprisingly resilient, but financial markets don't believe the numbers. What messages and warnings are markets sending — and should we be heeding them? Economic data has been resilient, but financial markets don't believe the numbers Financial markets are not the economy and the economy is not …

The United Auto Workers has decided not to expand its strikes against Detroit's three automakers after General Motors made a concession on unionizing electric vehicle battery plants. Factory in Arlington Texas was slated to walk off the job The United Auto Workers union has decided not to expand its strikes …

After more than a year of high food inflation, families gathering this weekend to gobble Thanksgiving dinner may be feeling the pinch after their grocery shopping. Amid year of high prices for food, many holiday staples are much more expensive this year After more than a year of high food …

Canada's economy added 64,000 new workers as a surge in hiring in Quebec and B.C. was enough to offset a loss of 38,000 jobs in Alberta. Economists had been expecting about 25,000 new jobs Canada's economy added 64,000 new workers as a surge in hiring in Quebec and B.C. was …