Enbridge boosts dividend by 33% and plans Canadian restructuring
Energy delivery company Enbridge Inc. announced on Thursday that its next quarterly common share dividend will be increased by 33%. It also unveiled a...
Husky Energy drastically cuts capital spending for 2015
Calgary-based Husky Energy Inc. announced on Wednesday that its capital spending plans for 2015 will be one third lower than in 2014. It is...
Calgary cancer centre could be delayed because of low oil prices
The plunge in oil prices has given Alberta “no other alternatives” but to cancel or delay capital projects in the province, such as Calgary’s...
World Bank announces massive climate change investments across the world
The World Bank Group has announced plans to combat climate change with major investments to help developing nations add 40 gigawatts of renewable energy...
General Electric to spin off its healthcare business
General Electric revealed plans to spin off its healthcare business and shed its stake in the oil-services company Baker Hughes.
In a statement General Electric...
A record-setting year for Calgary condos and townhouses
Despite posting a year-over-year decline of 7.5% in December, 2014 was a record-setting year for condominium apartments and townhouses in Calgary, according to the...
Bentleys and Porsches are the most unreliable cars in the UK
According to a recent survey, the most unreliable cars in the UK are Bentleys and Porsches.
The two luxury marques finished last in annual index...
GM investing $1 billion in its Warren Technical Center
General Motors Co. announced that it will be investing $1 billion to upgrade and renovate its Warren Technical Center near Detroit.
The automotive giant plans...
FTSE 100 one of the worst performing global markets in 2015, down 4.9%
The UK’s FTSE 100 index was one of the worst performing global markets in 2015 as plunging commodity prices triggered slumps in the value...
SME optimism about 2017 high, despite uncertainties says AMEX
SME optimism about the future is high according to a new global survey from American Express.
A survey of a representative sample of senior executives...