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Canadian Natural Resources plans $5.2 billion in capital spending in 2023

Canadian Natural Resources plans $5.2 billion in capital spending in 2023

CALGARY — Canadian Natural Resources Ltd. says it expects to spend $5.2 billion on its capital budget next year as it looks to grow production. The company says the plan includes about $4.2 billion in base capital spending and $1.
US revises up last quarter's economic growth to 2.9% rate

US revises up last quarter's economic growth to 2.9% rate

WASHINGTON (AP) — Despite high interest rates and chronic inflation, the U.S. economy grew at a 2.9% annual rate from July through September, the government said Wednesday in a healthy upgrade from its initial estimate. Last quarter's rise in the U.
EU Commission proposes blocking billions in funds to Hungary

EU Commission proposes blocking billions in funds to Hungary

BRUSSELS (AP) — The European Union’s executive branch recommended Wednesday that billions of euros of EU funds allocated to Hungary remain frozen over its failure to implement solid rule-of-law reforms, a move highlighting the growing rift between th
Inflation in Europe eases but still in painful double digits

Inflation in Europe eases but still in painful double digits

FRANKFURT, Germany (AP) — Inflation in Europe has eased for the first time in more than a year as energy prices drifted down from painful highs , but the double-digit rate still hovers near a record that has robbed consumers of their spending power a
Gas driller pleads no contest to polluting town's water

Gas driller pleads no contest to polluting town's water

MONTROSE, Pa.
Enbridge finalizes Woodfibre LNG deal to assume 30 per cent ownership stake

Enbridge finalizes Woodfibre LNG deal to assume 30 per cent ownership stake

CALGARY — Enbridge Inc. says it has completed a previously announced transaction giving it a 30 per cent ownership stake in the Woodfibre liquefied natural gas (LNG) project. Enbridge announced in July a partnership with Pacific Energy Corp.
Cost savings, staff retention packages discussed at hearing on Rogers-Shaw deal

Cost savings, staff retention packages discussed at hearing on Rogers-Shaw deal

OTTAWA — Retention packages at Shaw Communications Inc. will cost up to $50 million if the company's $26-billion proposed merger with Rogers Communications Inc. crosses the finish line.
Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (20,277.41, up 56.92 points): Barrick Gold Corp. (TSX:ABX). Materials. Up 64 cents, or 3.06 per cent, to $21.58 on 16.1 million shares.
S&P/TSX composite posts small gain on energy prices, U.S. markets mixed

S&P/TSX composite posts small gain on energy prices, U.S. markets mixed

TORONTO — Canada's main stock index was up slightly Tuesday as gains in energy outweighed minor losses across other sectors, while U.S. markets were mixed but trending lower. The S&P/TSX composite index was up 56.92 points at 20,277.41.
Wall Street ends an uneven day of trading with mixed results

Wall Street ends an uneven day of trading with mixed results

NEW YORK — Stocks ended an unsteady day with mixed results as gains for energy companies were offset by losses in technology and other sectors.