George Weston Limited Reports Second Quarter 2022 ResultsGeorge Weston Limited (TSX: WN) (“GWL” or the “Company”) today announced its consolidated unaudited results for the 12 weeks ended June 18, 2022(2).GWL’s 2022 Second […]
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Auto Parts Maker Magna Posts Q2 Loss As It Records Impairment Charge In Russia
Auto Parts Maker Magna Posts Q2 Loss As It Records Impairment Charge In RussiaMagna International Inc. posted a loss in its most recent quarter as it recorded a non-cash impairment […]
Imperial Oil Second Quarter Profit Soars Amid Higher Production And Energy Prices
Imperial Oil Second Quarter Profit Soars Amid Higher Production And Energy PricesCALGARY — Imperial Oil Ltd. recorded a meteoric rise in profit in its latest quarter amid soaring energy prices […]
Enbridge Net Profit Falls As Revenues Surge In Second Quarter To $13.22 Billion
Enbridge Net Profit Falls As Revenues Surge In Second Quarter To $13.22 BillionEnbridge Inc. says its earnings attributable to common shareholders dropped in its most recent quarter despite higher revenue.The […]
Enbridge to acquire 30 per cent stake in Woodfibre LNG in B.C.
Enbridge to acquire 30 per cent stake in Woodfibre LNG in B.C.Enbridge Inc. ENB-T +0.28%increase is investing US$1.5-billion for a 30-per-cent stake in the Woodfibre LNG terminal in British Columbia, hoping to bolster […]
Air Transat to borrow $100-million in federal government emergency loans
Air Transat to borrow $100-million in federal government emergency loansMoney-losing airline Transat A.T. Inc. has secured another government loan to stay afloat.Montreal-based Transat TRZ-T unchno change will borrow $100-million from the federal government’s […]
Enbridge Declares Quarterly Dividends
Enbridge Declares Quarterly DividendsEnbridge Inc. (TSX:ENB.TO) (NYSE:ENB) (Enbridge or the Company) announced that its Board of Directors has declared a quarterly dividend of $0.860 per common share, payable on September 1, 2022 to shareholders […]
Xi is expected to face major economic challenges when he enters an unprecedented third term
Xi is expected to face major economic challenges when he enters an unprecedented third termPresident Xi Jinping will need to confront China’s major economic challenges after he secures a widely […]
Oil prices rise on tight supply as attention turns to OPEC+ meeting
Oil prices rise on tight supply as attention turns to OPEC+ meetingOil prices gained about $1 in early trade on Friday, lifted by supply concerns and a weaker U.S. dollar […]