Top Story

1:00 pm

TSX rises as Fed rate policy offsets oil decline; Enerplus gains

Canadian shares advanced as a rally in global equities on the U.S. Federal Reserve’s pledge to be patient on boosting rates overpowered a drop in oil prices. The benchmark Standard & Poor’s/TSX Composite Index (TSE:OSPTX) rose 0.5 percent to 14,288.09 at 12:32 p.m. in Toronto. More than two shares advanced for every stock that declined as 8 out of 10 major industries gaining. The index is up 4.4 percent for the year.


Breaking News

Thursday, December 18, 3:50 pm

WTI falls 4.2% to end at $54.11; gold up 0.1% at $1,194

Crude oil declined to the lowest level in more than five years on concern a supply glut will worsen. West Texas Intermediate for January delivery fell 4.2 percent to settle at $54.11 a barrel on t...

International

12:56 pm

Akers Biosciences rises on European distribution agreements

Raymond Akers, co-founder and executive chairman of Akers Biosciences, said broadening internal distribution of the company’s products, especially the flagship PIFA Heparin/PF4 Rapid Assay products, is a core pa...

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