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OTTAWA - Retail sales rose 0.7 per cent in May, boosted by sales of new cars and trucks, according to Statistics Canada.

The agency says sales reached $42 billion in the month as gains were made acro

TORONTO - The Canadian dollar was higher Wednesday amid a better than expected showing in retail sales during May.

The loonie was up 0.18 of a cent to 93.32 cents US.

Statistics Canada reported that

TORONTO - The Toronto stock market looked to start the session positive Wednesday amid a multi-billion dollar deal in the telecom sector.

BCE Inc.

ATLANTA - Delta Air Lines Inc.

Boeing Co.

MONTREAL - BCE Inc. (TSX:BCE) says it will buy the stake in affiliate Bell Aliant that it doesn't already own and will privatize the regional telecom company.

PURCHASE, N.Y. - PepsiCo Inc.

BRUSSELS - The European Union is giving Lithuania the green light to adopt the euro currency starting next year.

Ministers from the 28-nation bloc on Wednesday cleared the final legal hurdle for Lith

LONDON - Bank of England policymakers are signalling that interest rates are likely to go up only gradually — though debate on the matter seems to be getting hotter.

Minutes released Wednesday from t