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LONDON — German sportswear company Adidas AG would be to end its sponsorship cope with the International Association of Athletics Federations (IAAF) almost 4 years early due to the scandal surrounding the sport, the BBC reported on Sunday. The BBC said Adidas, whose 11-year deal managed to get the biggest sponsor of athletics’ governing body, decided against continuing using the ...

Thanks to its latest issue, the quantity of green bonds issued by the federal government of Ontario has risen to $1.25 billion. Last Friday, Ontario priced its second issue. The province is placed to boost $750 million in a coupon of 1.95 per cent. (Because the bonds were issued at a slight discount to par, the yield becomes a tad ...

OTTAWA – The us government has confirmed it promises to sign the controversial Trans-Pacific Partnership trade deal in a meeting in a few days in New Zealand. But when it comes to ratification from the 12-country treaty, the Liberals continue to be perched squarely atop a fence. “Just because it is too early to endorse the TPP, it is also ...

It took about a year of discussions and negotiations; it was incredibly innovative and thought as the first available in Canada. But if this was throughout two Canadian pension funds – whose names have not been disclosed – paid Sun Life Assurance Company of Canada a combined one-time premium of $530 million and transferred so-called investment, longevity and inflation risk ...

When the European Central Bank meets in March, markets anticipate that it will cut its already negative deposit rate further, deepening Europe’s multi-year test out sub-zero rates of interest, which began in June 2014. ‘Ocean of fear’: Canadian investors located on record cash pile risk billions in lost returns A new report suggests fearful investors are sitting on an archive ...

The Organization of Petroleum Exporting Countries has issued its strongest plea up to now for any pact with Russia and other rival producers to chop crude output and halt the collapse in prices. Forget the glut, even market insiders say oil has entered irrational territory Oil trading has become detached from fundamentals, experts say, and also the best advice for ...

Shares of Detour Gold Corp. have jumped a lot more than 10 % within the last two days as several analysts heaped praise around the company for its new mine plan and hiked their price targets. Detour, which operates a massive open-pit mine in Northern Ontario, announced the updated plan on Monday. It incorporates a new block of the deposit, ...

The chief executive of Canadian National Railway Co. returned to work after a five-month absence Tuesday to announce strong fourth-quarter and full-year earnings, indicating the company’s focus on efficiency is paying off inside a weak economy. Claude Mongeau temporarily stepped down from CN’s day-to-day operations in mid August after disclosing he would need surgery and radiation to deal with an ...