Dolce and Gabbana convicted of tax evasion
A Milan court has convicted fashion designers Domenico Dolce and Stefano Gabbana of tax evasion, finding the pair guilty of failing to declare €1 billion ($1.37 billion Cdn) in income to authorities.
World's wealthy richer than ever
The investable wealth of the world's richest people reached a record high of $46.2 trillion US in 2012, a report by RBC Wealth Management and the consulting firm Capgemini has found.
Orascom withdraws bid for control of Wind Mobile
Orascom Telecom Holding announced Wednesday that it is pulling back its application to acquire full control of Wind Mobile Canada, in which it already holds a partial interest, saying it made the decision after a review process and discussions with the federal government.
Dow sells off after Bernanke hints at stimulus end
U.S. stocks sold off sharply on Wednesday after Federal Reserve chairman Ben Bernanke hinted the central bank might soon halt its $85-billion-a-month bond-buying stimulus program.
Imperial Oil refinery in Dartmouth to close
Imperial Oil will take apart its refinery in Dartmouth and create a marine terminal.