National Business

Many economists say a mild recession is on the cards as they look ahead to 2023. Though plenty of Canadians remember living through a recession or two, for millions of others it will be the first major downturn in their adult lives.

BEIJING (AP) — Asian stock markets surged Friday after Wall Street rebounded from a slump caused by worse-than-forecast inflation numbers. Japan's market benchmark soared by an unusually wide margin of 3.4%. Hong Kong gained 3.

The national real estate association says in the new year, realtors will be required to post listings to their local Multiple Listing Service (MLS) systems with other realtors within three days of public marketing.

Toronto-based Dye & Durham plans to sell 2021 acquisition TM Group after the United Kingdom’s competition regulator ordered the sale due to competition concerns.

TORONTO — Canada’s main stock index was up more than 400 points after a tumble right out of the gate, while U.S. stock markets also recovered significantly from the dip. The S&P/TSX composite index was up 407.35 points or 2.4 per cent at 18,613.

SUDBURY, Ont. — Vale Canada Ltd. unveiled the first phase of its $945-million Copper Cliff Mine Complex South Project on Thursday, predicted to double ore production at the Sudbury, Ontario-based mine.

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (18,613.63, up 407.35 points): Enbridge Inc. (TSX:ENB). Energy. Up $1.84, or 3.74 per cent, to $51.10 on 10.5 million shares.

TORONTO — Netflix is giving Canadian viewers the option for a cheaper monthly subscription plan — as long as they're willing to sit through commercial breaks. The streaming giant said it has marked Nov.

BEIRUT (AP) — Lebanon's President Michel Aoun said Thursday that the cash-strapped country has approved a U.S.-mediated maritime border deal with Israel.

ANKARA, Turkey (AP) — Russian President Vladimir Putin on Thursday doubled down on his proposal to turn Turkey into a gas hub for Europe after deliveries to Germany through the Baltic Sea's Nord Stream pipeline were halted.