Skip to main content

Latest

canada
Oil and gas companies should invest profits in climate action, Steven Guilbeault says
Minister of Environment and Climate Change Steven Guilbeault rises during Question Period, in Ottawa, Friday, Sept. 23, 2022. THE CANADIAN PRESS/Adrian Wyld
report on business
EU proposes €140-billion plan to curb soaring energy prices
Members of the European Parliament take part in a voting session on the deployment of renewable energies and the reduction of energy consumption by 2030 during a plenary session at the European Parliament in Strasbourg, eastern France, on September 14, 2022. (Photo by Frederick FLORIN / AFP) (Photo by FREDERICK FLORIN/AFP via Getty Images)
report on business
Ski-Doo maker BRP raises guidance as it reports second-quarter profit, sales up from year ago
BRP Inc. says it is ramping up production at four of its factories after a cyberattack brought its operations to a halt earlier this month. A BRP logo is shown at the research and innovation plant in Valcourt, Que., Friday, November 9, 2012. THE CANADIAN PRESS/Graham Hughes.
international business
EU plans Sept. 30 summit to greenlight emergency energy plans
FILE PHOTO: Czech Minister of Industry and Trade Jozef Sikela gives a news conference during an extraordinary meeting of European Union energy ministers in Brussels, Belgium July 26, 2022. REUTERS/Johanna Geron
energy and resources
EU plans to make fossil fuel firms share excess profits, draft document shows
European flags fly at half-mast during a meeting of EU energy ministers to find solutions to rising energy prices at the EU headquarters in Brussels on Septembre 9, 2022, one day after the death of Britain's Queen Elizabeth II. - Queen Elizabeth II, the longest-serving monarch in British history and an icon instantly recognisable to billions of people around the world, has died aged 96, Buckingham Palace said on September 8, 2022. (Photo by JOHN THYS / AFP) (Photo by JOHN THYS/AFP via Getty Images)
done deal
Airdrie house sells at a premium as Calgary market tightens
Done Deal, 369 Hillcrest Square S.W., Airdrie, Alta.
inside the market
Wednesday’s small-cap stocks to watch
A trader watches his chart while working on the floor of the New York Stock Exchange July 8, 2014.
report on business
Laurentian Bank shares down as earnings dip, profit margins on loans worsen
The Banque Laurentienne or Laurentian Bank logo is pictured Tuesday, June 21, 2016 in Montreal. THE CANADIAN PRESS/Paul Chiasson
report on business
CWB Financial Group reports third-quarter profit down from year ago
The Canadian Western Bank’s first Eastern branch in Mississauga, is photographed on Sunday, October 31, 2021. (Christopher Katsarov/The Globe and Mail)
energy and resources
Saudi Aramco profit soars on higher prices and refining margins
FILE PHOTO: A view shows branded oil tanks at Saudi Aramco oil facility in Abqaiq, Saudi Arabia October 12, 2019. REUTERS/Maxim Shemetov/File Photo
international business
Huawei sales down but new ventures growing
FILE - A man wearing a face mask walks past a billboard advertising Chinese technology firm Huawei at the PT Expo in Beijing, Oct. 14, 2020. Chinese tech giant Huawei said Friday, Aug. 12, 2022 its revenue fell in the first half of 2022 but new ventures in autos and other industries helped to offset a decline in smartphone sales under U.S. sanctions. (AP Photo/Mark Schiefelbein, File)
analysis
Critics accuse Canada’s grocers of ‘greed-flation’ but quarterly earnings suggest otherwise
FILE PHOTO: The price of apples at the Northmart grocery store in Iqaluit, Nunavut, Canada July 28, 2022. REUTERS/Carlos Osorio/File Photo
report on business
Hydro One reports second-quarter profit of $255-million, revenue up
Hydro One Ltd. says chief executive Mark Poweska is stepping down. A Hydro One office is pictured in Mississauga, Ont. on Wednesday, Nov. 4, 2015. THE CANADIAN PRESS/Darren Calabrese
report on business
Berkshire Hathaway posts $43.8-billion loss as stock holdings tumble
FILE PHOTO: Warren Buffett, CEO of Berkshire Hathaway Inc, pauses while playing bridge as part of the company annual meeting weekend in Omaha, Nebraska U.S. May 6, 2018. REUTERS/Rick Wilking/File Photo
report on business
Telus reports second-quarter profit, revenue boost
The sign on the front of the Telus head office is shown in Toronto on Thursday, February 11, 2021. Telus Corp. has signed a deal to buy LifeWorks Inc. valued at $2.9 billion including debt. THE CANADIAN PRESS/Frank Gunn
report on business
SNC-Lavalin reports profit fell in the second-quarter as revenue rose
The offices of SNC-Lavalin are seen in Montreal on March 26, 2012. THE CANADIAN PRESS/Ryan Remiorz
report on business
BCE says its network structure prevents complete outages
The Bell Canada head office is seen on Nun's Island, Wednesday, August 5, 2015, in Montreal. The Canadian Radio-television and Telecommunications Commission (CRTC) is imposing $7.5 million in penalties on Bell Canada, owned by BCE Inc., for violations of the Telecommunications Act.THE CANADIAN PRESS/Ryan Remiorz
report on business
Sun Life profit beats estimates as Canada growth offsets wealth management unit weakness
Interiors of the lobby of Sun Life Financial Inc.’s Toronto office tower, are photographed on Nov 15, 2021. Fred Lum/The Globe and Mail.
report on business
Ice cream truck operator says inflation is chilling business, despite summer swelter
People purchase ice cream from one of Meedo Falou's Rainbow Ice Cream trucks, in Tsawwassen, B.C., on Monday, August 1, 2022. Much of Canada has been sweltering, but that’s cold comfort for ice cream truck vendors like Falou, who says inflation and high fuel costs are melting away his profits. THE CANADIAN PRESS/Darryl Dyck
european business
DuPont de Nemours’ second-quarter profit beat estimates on strong electronics demand
FILE PHOTO: The logo for DuPont de Nemours, Inc. is seen on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., August 3, 2021. REUTERS/Andrew Kelly/File Photo