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Saputo signs deal to sell two milk processing plants in Australia to Coles Group
MONTREAL — Saputo Inc. has signed a deal to sell two milk processing plants in Australia to supermarket giant Coles Group Ltd. for about $95 million.
Apr 3, 2023 8:24 AM
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UFC, WWE combine to form $21.4B sports entertainment company
WWE and the company that runs Ultimate Fighting Championship will combine to create a $21.4 billion sports entertainment company. A new publicly traded company will be formed that houses the UFC and WWE brands, with Endeavor Group Holdings Inc.
Apr 3, 2023 7:28 AM
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Ovintiv signs deal to buy Midland Basin assets for US$4.275B, selling Bakken assets
CALGARY — Ovintiv Inc. has signed a deal to buy a portfolio of assets in the Midland Basin in Texas in an agreement valued at US$4.275 billion in cash and shares.
Apr 3, 2023 7:26 AM
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Banks face rising shareholder pressure through climate resolutions as AGMs loom
TORONTO — It was only after his flight landed in Toronto last year that Wet'suwet'en hereditary chief Na’Moks learned that Royal Bank of Canada had cancelled its in-person annual general meeting with less than a day's notice.
Apr 2, 2023 12:57 PM
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More oil producers join Saudis in surprise production cuts
DUBAI, United Arab Emirates (AP) — Several major oil producing countries have joined Saudi Arabia in announcing surprise production cuts that could send world oil prices higher.
Apr 2, 2023 12:30 PM
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For want of a pipeline: Canadian LNG should power low-carbon revolution, report says
WASHINGTON — As the world struggles to find the right balance between a carbon-free future and a present that still runs on fossil fuels, Canada could be leveraging its natural-gas riches to help fuel both, a new report suggests.
Apr 2, 2023 11:57 AM
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Five things to watch for in the Canadian business world in the coming week
TORONTO — Five things to watch for in the Canadian business world in the coming week: Home sales Home sales figures for some of Canada's biggest cities are expected to be released this week.
Apr 2, 2023 9:00 AM
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Protestors across Canada demonstrate against RBC's fossil-fuel funding
Demonstrators gathered in 40 locations across Canada on Saturday to voice their opposition to the Royal Bank of Canada's funding of fossil fuel projects.
Apr 1, 2023 1:32 PM
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As economy slows, Liberals push off EI reform over worries it could drive up premiums
OTTAWA — The Liberal government left employment insurance reform out of the federal budget this week over concern that reforming the program amid a slowing economy could drive up premiums for workers and employers.
Apr 1, 2023 5:00 AM
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Ottawa gives final approval, with conditions, for Rogers' $26B purchase of Shaw
TORONTO — The largest telecommunications deal in Canadian history will go forward after Rogers Communications Inc.'s $26-billion takeover of Shaw Communications Inc. received approval from Ottawa on Friday.
Mar 31, 2023 7:00 PM
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