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Beyond beer: Molson Coors sales dip but brewer remains focused on future growth
MONTREAL — Molson Coors Beverage Co. recorded a lacklustre third-quarter as ongoing COVID-19 restrictions and packaging material constraints curbed the brewing giant's sales. The Montreal-based company, which reports in U.S.
Oct 29, 2020 12:41 PM
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'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.
Oct 29, 2020 11:17 AM
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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.
Oct 29, 2020 10:37 AM
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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.
Oct 29, 2020 9:37 AM
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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.
Oct 29, 2020 9:36 AM
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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.
Oct 29, 2020 9:36 AM
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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.
Oct 29, 2020 9:35 AM
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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
Oct 29, 2020 9:35 AM
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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.
Oct 29, 2020 9:18 AM
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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.
Oct 29, 2020 9:11 AM
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