All news from July 30, 2010

Indices on Toronto Stock Exchange’s S&P/TSX composite index stopped updating for about an hour at midday Friday.

Apple Inc appears to be deliberately distorting the issues surrounding the iPhone 4’s antenna design by asserting that Research In Motion’s BlackBerry has similar reception problems, RIM said.

Toronto’s main stock index ended lower Friday as weaker than expected gross domestic product data fueled investor fears about a slow recovery.

Canada’s largest pharmacy chain could face a class-action lawsuit over the value of its Optimum card points.

Thousands of people across the country lined up outside stores early Friday morning to get their hands on the latest iPhone.

There will be fewer home sold this year and properties will sell for more money than initially thought, the Canadian Real Estate Association said Friday.

Centerra Gold reported higher-than-expected quarterly earnings Friday, as increased production and strong gold prices helped the miner return to profit after a loss the year earlier.

Real gross domestic product rose just 0.1% in May after flatlining in April, adding to evidence Canada’s economic recovery has slowed to a crawl.

Domtar Corpposted a lower quarterly profit, hurt by a loss on the sale of its wood business, and said it expects third-quarter paper shipments to be flat sequentially.

The Canadian dollar gained against its U.S. counterpart Friday morning as U.S. stock index futures fell and the greenback weakened on worries U.S. growth may show the world’s biggest economy is losing steam.

Walt Disney Co has struck a deal to sell Miramax for more than $660 million to a group that includes construction magnate Ron Tutor and investment firm Colony Capital LLC.

Chevron reported a three-fold jump in quarterly profit on rising oil output, higher energy prices and buoyant margins at its refineries, topping Wall Street forecasts.