Correspondent, Toronto, Canada
Alastair's Feed
Aug 19, 2015

Hackers dump data online from cheating website Ashley Madison – reports

TORONTO (Reuters) – Hackers dumped online personal details of more than a million users of infidelity website, tech websites reported on Tuesday, the latest high-profile cyber attack that threatens to wreak strife in relationships across the globe.

After threatening to release salacious details on as many as 37 million customers of the website, which uses the slogan “Life is short. Have an affair,” hackers claimed to publish a huge cache of email addresses and credit card data stolen in July.

Aug 18, 2015

Hard-hit miners, railways push TSX lower

TORONTO, Aug 18 (Reuters) – Canada’s main stock index fell
on Tuesday, its seventh decline in the last nine sessions, with
miners and railways leading a broad retreat as copper hit a
six-year low and Chinese equities tumbled.

First Quantum Minerals Ltd plunged 9.7 percent to
C$7.65 and Teck Resources Ltd shed 8 percent to

Aug 17, 2015

TSX plays defense as oil price falls to near 2009 low

TORONTO, Aug 17 (Reuters) – Canada’s main stock index
retreated on Monday, with heavyweight energy and banking stocks
reacting negatively to a fall in the price of U.S. crude to near
a 2009 low and disappointing data from Japan and New York.

Gains among gold miners limited the overall losses, with the
Toronto Stock Exchange’s S&P/TSX composite index
ending the day down 26.35 points, or 0.18 percent, at 14,251.53.
Six of its 10 main sectors declined.

Aug 17, 2015

Energy stocks, banks lead TSX lower on economic concerns

TORONTO, Aug 17 (Reuters) – Canada’s main stock index was in
retreat on Monday, with heavyweight energy and banking stocks
among the worst performers as oil prices fell and data from
Japan and New York disappointed.

Gold miners were among the biggest gainers, as investors
took more defensive positions amid economic uncertainty.

Aug 14, 2015

TSX gains, but resource stocks still in funk

TORONTO, Aug 14 (Reuters) – Canada’s main stock index gained
on Friday, but the rise was limited by continued weakness in
mining and oil and gas shares.

Eight of the 10 main sectors on the Toronto Stock Exchange’s
S&P/TSX composite index advanced, though advancers
barely outnumbered decliners in low-volume trade and the index
still notched a 0.2 percent weekly decline as weak crude oil
prices weigh.

Aug 13, 2015

Energy slump weighs on TSX; Canadian Tire misses

TORONTO, Aug 13 (Reuters) – A slump in energy shares helped
push Canada’s main stock index to its third straight loss on
Thursday as U.S. oil prices slid to fresh lows, though a Chinese
central bank assurance on the yuan reduced some investor fears.

Energy stocks stumbled 3 percent as crude prices took
another beating. U.S. crude prices were down 2.4 percent
to $42.25 a barrel, while Brent crude lost 0.8 percent
to $49.27.

Aug 12, 2015

TSX falls on yuan weakness, global demand worries

TORONTO, Aug 12 (Reuters) – Canada’s main stock index fell
on Wednesday as China’s currency weakened further, but pared its
sharpest losses as oil prices bounced off six-year lows.

Losses were heaviest among banks, fertilizer producers and
some energy stocks.

Crude oil prices rose following Tuesday’s
rout, while base metals sank to six-year lows on worries
demand from China, the world’s top metals buyer, would wane.

Aug 11, 2015

TSX slips as China devaluation hits resource shares

TORONTO, Aug 11 (Reuters) – Canada’s resource-laden main
stock index fell back on Tuesday, as oil and mining stocks were
hit by a rout in commodity prices following China’s unexpected
move to devalue its currency.

The Toronto Stock Exchange’s S&P/TSX composite index
sank as much as 1.4 percent before paring those losses
to close down 51.72 points, or 0.36 percent, at 14,414.67. Seven
of the 10 main sectors lost ground.

Aug 10, 2015

TSX rises as commodities, bank gain

TORONTO, Aug 10 (Reuters) – Canada’s main stock index
rebounded on Monday, with robust gains from major banks and a
surge in some gold miners and energy companies helping the index
rise over 1 percent, more than cancelling out Friday’s slump.

Four of the six biggest positive drivers were banks. The
financials group, which also includes insurers and makes up
roughly a third of the index, climbed 1.2 percent.

Aug 10, 2015

Canada’s Telus brings back company veteran Entwistle as CEO

TORONTO, Aug 10 (Reuters) – Telus Corp announced a
surprise change in its leadership on Monday, with former Chief
Executive Officer Darren Entwistle returning as CEO of the major
Canadian telecoms company a little over a year after handing the
reins to Joe Natale.

Telus, which is based in Vancouver on Canada’s West Coast,
said it made the change after Natale said he would not move to
Western Canada by 2017, sparking an “extensive review.”

    • About Alastair

      "Canada tech, media and telecoms reporter based in Toronto, with emphasis on Research In Motion and including coverage of Rogers, Bell Canada, Telus, the new mobile entrants and the tech companies filling in the gaps. Previously spent two years in Cairo bureau chasing Orascom Telecom's Naguib Sawiris. Prior to that, spent a year learning the ropes in London."
      Joined Reuters:
      English, Arabic
    • More from Alastair

    • Contact Alastair

    • Follow Alastair