Skip to content

National Business

Imperial Oil set to end Syncrude services contract as Suncor becomes operator

Imperial Oil set to end Syncrude services contract as Suncor becomes operator

CALGARY — Imperial Oil Ltd. says it will relinquish its contract to provide business management services to Syncrude Canada Ltd. when Suncor Energy Inc. takes over as operator of its oilsands mine and upgrader works at the end of 2021.
OxyContin maker Purdue Pharma pleads guilty in criminal case

OxyContin maker Purdue Pharma pleads guilty in criminal case

Purdue Pharma pleaded guilty Tuesday to three criminal charges, formally taking responsibility for its part in an opioid epidemic that has contributed to hundreds of thousands of deaths but also angering critics who want to see individuals held accou
Cirque du Soleil completes sale transaction, emerges from creditor protection

Cirque du Soleil completes sale transaction, emerges from creditor protection

MONTREAL — Cirque du Soleil Entertainment Group says it has completed the sale company to a group of its creditors led by Catalyst Capital Group The company announced the closing of the transaction with its secured lenders and its emergence from cour
Americans turn up heat and Cholula sells for $800 million

Americans turn up heat and Cholula sells for $800 million

With millions dining at home for safety and a swing to the spicier side in the U.S. in recent years Cholula, the hot sauce with the distinctive wooden cap and a cult following, has become a very valuable brand. McCormick & Co.
‘Buy Nothing’ groups offer more than free stuff during pandemic

‘Buy Nothing’ groups offer more than free stuff during pandemic

The first thing Muryani Kasdani gave away online was a box of muffins left over from a work event.
Best Buy reports 3Q results that exceed Wall Street views

Best Buy reports 3Q results that exceed Wall Street views

NEW YORK — Best Buy Co.
US consumer confidence drops to 96.1 as virus spreads

US consumer confidence drops to 96.1 as virus spreads

WASHINGTON — U.S. consumer confidence fell to a reading of 96.1 in November as rising coronavirus cases pushed American optimism down to the lowest level since August.
Flash estimate shows manufacturing sales up 0.6 per cent in October

Flash estimate shows manufacturing sales up 0.6 per cent in October

OTTAWA — Statistics Canada says a preliminary estimate shows manufacturing sales rose 0.6 per cent in October. The agency says the growth came due to higher sales in the petroleum and coal products, paper, primary metals and wood products industries.
Loral Space & Communications to combine with Telesat to form new company

Loral Space & Communications to combine with Telesat to form new company

TORONTO — Loral Space & Communications Inc. has signed a deal with the Public Sector Pension Investment Board and Telesat Canada to combine Loral and Telesat into a new public company. Loral, which also announced a special dividend of $1.
US home price gains accelerate as pandemic shakes up housing

US home price gains accelerate as pandemic shakes up housing

WASHINGTON — U.S. home prices jumped in September as strong demand, low interest rates and the smallest number of available homes on record combined to push up housing costs.
push icon
Be the first to read breaking stories. Enable push notifications on your device. Disable anytime.
No thanks