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Energy helps to cushion inflation worries as TSX drops less than U.S. markets
TORONTO — North American stock markets closed lower for a third day this week as U.S. inflation numbers raised concerns about central banks increasing interest rates earlier than forecast.
May 12, 2021 5:16 PM
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Cybersecurity experts say Canadian businesses can learn from U.S. pipeline attack
TORONTO — Canada's two largest pipeline companies say they have taken a proactive approach to avoid the type of cyberattack that has disrupted gasoline supplies in the U.S.
May 12, 2021 5:04 PM
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Vaccines, oil prices and Husky takeover boost Cenovus outlook, says CEO Alex Pourbaix
CALGARY — The CEO of Cenovus Energy Inc. says he's optimistic that his oil and gas company's second consecutive online annual shareholders meeting webcast on Wednesday will be its last.
May 12, 2021 4:52 PM
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Natural gas straddle plant designed to reduce oilsands emissions with cleaner fuel
CALGARY — In the latest project designed to green the oilsands industry, Wolf Midstream says it will build a facility to strip petroleum liquids from natural gas used in operations near Fort McMurray, Alta.
May 12, 2021 3:06 PM
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Transat extends flight suspension until end of July due to COVID travel restrictions
MONTREAL — Air Transat has extended the suspension of its flights until July 29, due to continued travel restrictions in Canada and abroad.
May 12, 2021 1:18 PM
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Former investment executive gets 3 months in college scam
BOSTON (AP) — A former private equity executive who cofounded an investment fund with U2′s Bono was sentenced Wednesday to three months in prison for his role in the college admissions bribery scheme. William McGlashan, Jr.
May 12, 2021 12:49 PM
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Scramble on for new fuel routes after Colonial Pipeline hack
RALEIGH (AP) — State and federal officials are scrambling to find alternate routes to deliver gasoline in the Southeast U.S.
May 12, 2021 12:20 PM
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Freshii records million-dollar loss in first quarter amid ongoing COVID-19 closures
TORONTO — Freshii Inc. has recorded a million-dollar loss in its first quarter as many of its restaurants remain temporarily closed due to COVID-19. The Toronto-based company reported a net loss of $1.
May 12, 2021 11:40 AM
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Internal emails reveal WHO knew of sex abuse claims in Congo
BENI, Congo (AP) — When Shekinah was working as a nurse’s aide in northeastern Congo in January 2019, she said, she was offered a job from a World Health Organization doctor at double her salary — in exchange for sex.
May 12, 2021 9:24 AM
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Crescent Point Energy reports $21.7M Q1 profit compared with a loss a year ago
CALGARY — Crescent Point Energy Corp. reported a first-quarter profit of $21.7 million compared with a $2.3-billion loss a year ago when oil prices were falling at the start of the pandemic.
May 12, 2021 8:17 AM
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