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COVID-19 could make transition to standard time smoother, say experts

COVID-19 could make transition to standard time smoother, say experts

Just when you thought 2020 couldn't get any darker, the end of daylight time this weekend will make dusk come one hour earlier. Much of Canada is set to turn back the clocks at 2 a.m.
'Bleak' drilling forecast calls for even fewer Canadian oil and gas wells in 2021

'Bleak' drilling forecast calls for even fewer Canadian oil and gas wells in 2021

CALGARY — The Petroleum Services Association of Canada says it expects another "bleak" year for Canadian oil and gas drilling in 2021.
46 cases of COVID-19 linked to wedding events in Vaughan, Ont., health officials say

46 cases of COVID-19 linked to wedding events in Vaughan, Ont., health officials say

VAUGHAN, Ont. — Health officials north of Toronto say 46 cases of COVID-19 have now been linked to a large wedding. York Region Public Health says the wedding took place at an event centre in Vaughan, Ont.
Shell shareholders get reward as oil giant returns to profit

Shell shareholders get reward as oil giant returns to profit

LONDON — Royal Dutch Shell increased its dividend payout to shareholders following a better-than-expected third quarter of the year, months after cutting it for the first time since World War II.
Nokia profit up, new CEO pledges to boost 5G investments

Nokia profit up, new CEO pledges to boost 5G investments

HELSINKI — Finnish telecommunications company Nokia on Thursday reported improved third-quarter earnings largely in line with expectations, but acknowledged it faced challenges in the race for 5G cellular networks.

Airbus reports new pandemic losses, but stops bleeding cash

PARIS — Struggling plane maker Airbus says new European virus lockdown measures are making its life “a bit more difficult,” as it announced 1 billion euros ($1.
Largest luxury deal back on, Tiffany agrees to lower price

Largest luxury deal back on, Tiffany agrees to lower price

NEW YORK — The largest deal in luxury is back on after New York's famed jeweler Tiffany agreed to a slightly reduced offering price from LVMH in Paris. LVMH will now pay $131.50 for each Tiffany share putting the total price tag at $15.
European Central Bank: Just wait until December

European Central Bank: Just wait until December

FRANKFURT — The European Central Bank held off from strengthening its current economic stimulus but its President Christine Lagarde said there was “little doubt” that more action would be coming at its December meeting as surging coronavirus infectio
Asia Today: Virus arrives in once-clear Marshall Islands

Asia Today: Virus arrives in once-clear Marshall Islands

WELLINGTON, New Zealand — The Marshall Islands has reported its first cases of the coronavirus after two people who flew from Hawaii to a U.S. military base tested positive.
Husky Energy hit by non-cash impairment charges, reports $7-billion loss in Q3

Husky Energy hit by non-cash impairment charges, reports $7-billion loss in Q3

CALGARY — Husky Energy Inc. reported a nearly $7.1-billion loss in its latest quarter as it was hit by $6.7 billion in non-cash impairment charges after taxes related to lower long-term commodity price assumptions and reduced capital investment.