An explosion on an oil rig in the Gulf of Mexico has injured one person, but all 13 people aboard have been accounted for, the U.S. coast guard said Wednesday.

The European Central Bank leaves its benchmark interest rate unchanged at one per cent for the 16th consecutive month, even as it upgrades its economic forecast for this year and next.

The number of Americans filing initial claims for jobless benefits declined by 6,000 for the second week in a row.

TD Bank says its profits grew 29 per cent in the third quarter to $1.18 billion, narrowly missing analyst expectations.

Quebecor has asked the federal broadcast regulator to oblige cable and satellite networks to carry its proposed all-news channel Sun TV News as part of their basic plans for the first few years after its licence is approved.