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National Business
National Business
Russia gets partial win in $50B case over bankrupt oil giant
THE HAGUE, Netherlands (AP) — The Dutch Supreme Court on Friday handed Russia at least a temporary victory in an appeal of what’s believed to be the world’s largest award in an arbitration case after former shareholders of bankrupted Russian oil gian
Nov 5, 2021 8:23 AM
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New COVID-19 pill cut hospital, death risk by 90%
WASHINGTON (AP) — Pfizer Inc.
Nov 5, 2021 6:51 AM
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US mandates vaccines or tests for big companies by Jan. 4
Tens of millions of Americans who work at companies with 100 or more employees will need to be fully vaccinated against COVID-19 by Jan. 4 or get tested for the virus weekly under government rules issued Thursday.
Nov 4, 2021 8:28 PM
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Interfor Q3 profit falls despite record production; U.S. output offsets wildfires
BURNABY, B.C. — Interfor Corp. says its net profit plunged in its latest quarter despite record production in which U.S. output offset decreases in British Columbia caused by wildfires. The Burnaby, B.C., company says it earned $65.6 million or $1.
Nov 4, 2021 7:08 PM
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No arm-twisting: Kerry says corporates back plan to cut CO2
GENEVA (AP) — A new project trumpeted by U.S. President Joe Biden in which companies underpin development of low-carbon technologies through their buying power amounts to a “big transformation,” U.S. climate envoy John Kerry said Thursday.
Nov 4, 2021 7:04 PM
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Constellation Software says Q3 profit fell 12% to US$107M despite higher revenues
TORONTO — Constellation Software Inc. is reporting that its net income attributable to shareholders fell to US$107 million in its latest quarter despite a 30 per cent growth in revenue. The Toronto-based technology firm, which reports in U.S.
Nov 4, 2021 6:44 PM
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Most actively traded companies on the Toronto Stock Exchange
TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (21,342.13, up 77.03 points.) Enbridge Inc. (TSX:ENB). Energy. Up nine cents, or 0.17 per cent, to $52.32 on 29.7 million shares.
Nov 4, 2021 6:33 PM
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Baytex earns $32.7M, expects to generate record cash flow in 2021 as oil prices surge
CALGARY — Baytex Energy reported a third-quarter profit of $32.7 million and said it expects to generate record cash flow for the year thanks to surging commodity prices.
Nov 4, 2021 6:21 PM
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Alberta introduces bill to exit online cannabis sales, leave it to retailers
EDMONTON — Alberta is moving to get out of the online cannabis business and allow licensed retailers sell it on the internet instead. Cannabis retailers would be allowed to sell some branded clothing and other accessories as well.
Nov 4, 2021 6:17 PM
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Resolute says lumber prices will help offset rise in U.S. border taxes
MONTREAL — Resolute Forest Products Inc. says strong lumber prices will mean a significant increase in border taxes imposed by the U.S. government.
Nov 4, 2021 5:58 PM
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