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Teck Resources takes Fort Hills charge, cites higher pandemic costs for Chile project
VANCOUVER — Teck Resources Ltd. is again writing down part of its stake in the Fort Hills oilsands mine in northeastern Alberta operated by partner Suncor Energy Inc.
Feb 18, 2021 10:53 AM
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Fertilizer company Nutrien hikes dividend, plans share buybacks
CALGARY — The CEO of Nutrien Ltd. says the fertilizer company will continue to grow organically as well as through acquisitions as it increases its dividend and launches a new share buyback program.
Feb 18, 2021 10:00 AM
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WestJet to suspend flights to four Canadian cities until June amid low travel demand
WestJet said Thursday that it will suspend service to four Canadian cities amid slumping demand due to COVID-19 restrictions. Starting March 19, the airline plans to suspend all flights to St. John's, London, Ont., Lloydminster, Alta.
Feb 18, 2021 9:47 AM
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Supreme Court turns down request by Canada Revenue Agency to hear Cameco tax case
OTTAWA — The Supreme Court of Canada has turned down a request by the Canada Revenue Agency which sought to have the top court hear an appeal regarding Cameco Corp. and its use of a subsidiary in Switzerland to sell and trade its uranium.
Feb 18, 2021 9:07 AM
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Cost controls, luxury sales help Daimler weather pandemic
FRANKFURT — Car and truck maker Daimler increased its profits by 48% to 4.0 billion euros ($4.
Feb 18, 2021 9:00 AM
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Airbus lost $1.3 billion amid pandemic; expects better 2021
PARIS — European plane maker Airbus lost 1.1 billion euros ($1.
Feb 18, 2021 9:00 AM
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Canadian Tire posts 'phenomenal' Q4 earnings, will close National Sports stores
Canadian Tire Corp. Ltd. says it's closing all National Sports stores to reduce overlap in the company's sporting goods assortment after an internal evaluation.
Feb 18, 2021 9:00 AM
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US jobless claims rise to 861,000 as layoffs stay high
WASHINGTON — The number of Americans applying for unemployment aid rose last week to 861,000, evidence that layoffs remain painfully high despite a steady drop in the number of confirmed viral infections.
Feb 18, 2021 8:59 AM
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Walmart sales still surging, but a chill may be on the way
NEW YORK — Walmart is raising wages for 425,000 of its 1.5 million U.S.
Feb 18, 2021 8:58 AM
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January home construction falls 6%; signs of rebound ahead
WASHINGTON — U.S. home construction fell 6% in January but applications for building permits, which typically signal activity ahead, rose sharply. The decline pushed home and apartment construction down to a seasonally adjusted rate of 1.
Feb 18, 2021 8:58 AM
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