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National Business
National Business
Suncor to increase stake in White Rose offshore oilfield subject to restart decision
CALGARY — Suncor Energy Inc. says it is looking to increase its ownership stake in the White Rose offshore oilfield to 40 per cent from 27.5 per cent. Suncor says the deal depends on Cenovus Energy Inc.
Sep 8, 2021 3:39 PM
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Most actively traded companies on the Toronto Stock Exchange
TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (20,741.79, down 64.84 points.) BCE Inc. (TSX:BCE). Telecommunications. Up 93 cents, or 1.41 per cent, to $66.95 on 10.
Sep 8, 2021 3:17 PM
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Lululemon boosts guidance after stellar second-quarter results surpass expectations
VANCOUVER — Lululemon Athletica Inc. boosted its guidance after handily beating expectations in its latest quarter with profits more than doubling on a 61 per cent increase in sales. The Vancouver-based athletic clothing company, which reports in U.
Sep 8, 2021 2:44 PM
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College football's return boosts television ratings
NEW YORK (AP) — Television viewers are ready for some football. Three college matchups scored among the Nielsen company's four most-watched television programs last week. Only an episode of NBC's “America's Got Talent” broke through.
Sep 8, 2021 2:11 PM
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S&P/TSX composite falls, loonie drops after Bank of Canada warns of risks
TORONTO — Canada's main stock index moved lower on economic growth concerns, while the loonie fell after the Bank of Canada warned of risks but left interest rates unchanged.
Sep 8, 2021 2:10 PM
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Porter and Air Canada Rouge return to the skies months after COVID-19 groundings
TORONTO — Porter Airlines and Air Canada Rouge flights have resumed for the first time in months after being grounded by COVID-19 public health and travel restrictions.
Sep 8, 2021 1:01 PM
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WHO chief urges halt to booster shots for rest of the year
GENEVA (AP) — Rich countries with large supplies of coronavirus vaccines should refrain from offering booster shots through the end of the year and make the doses available for poorer countries, the head of the World Health Organization said Wednesda
Sep 8, 2021 12:31 PM
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Bank of Canada keeps key interest rate target on hold, citing pandemic-related risks
OTTAWA — The Bank of Canada kept its key interest rate target on hold Wednesday as it warned the fourth wave of the pandemic and supply bottlenecks could weigh on the economic recovery. The central bank held its target for the overnight rate at 0.
Sep 8, 2021 10:45 AM
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Bill Gates buys controlling interest in Four Seasons Hotels and Resorts
TORONTO — Bill Gates's private investment company has signed a deal to increase its stake in Four Seasons Hotels and Resorts so that it will hold a controlling interest. Cascade Investment LLC will pay US$2.21 billion in cash for half of the 47.
Sep 8, 2021 7:05 AM
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Taliban form all-male Afghan government of old guard members
KABUL, Afghanistan (AP) — The Taliban on Tuesday announced an all-male interim government for Afghanistan stacked with veterans of their hard-line rule from the 1990s and the 20-year battle against the U.S.
Sep 7, 2021 8:06 PM
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