Petronas LNG project opposed by four BC First Nations, citing risks to their salmon...
The proposed $11 billion Petronas LNG project on Lelu Island (south of Prince Rupert) is being opposed by four British Columbia First Nations.
The First...
Enbridge reports better than expected Q3 profit, up 24% to C$345 million
Canada’s largest pipeline company, Enbridge Inc., posted better than expected third quarter profit on Wednesday. The company’s adjusted profit increased by 24 percent to...
Time Warner raises earnings forecast but income fell in 3rd quarter
American cable telecommunications giant Time Warner Cable Inc. raised its full year earnings forecast on Wednesday, but posted a third quarter income decline of...
TSX surges as Canadian energy shares shoot up
Canadian energy stocks surged on Wednesday which helped offset the selloff in gold-mining shares (affected by the falling bullion price). The The Toronto Stock...
Tim Hortons better than expected third quarter profit
Canadian multinational coffee and doughnut chain Tim Hortons Inc. posted better-than-expected profit in the third quarter. The company said customers are increasingly choosing their...
Torstar earnings jump boosted by Harlequin sale
Toronto-based media company Torstar Corp. posted significantly higher third quarter earnings, which were boosted by the sale of romance and women's fiction publisher Harlequin...
UK gets £4.96bn surplus from EU migrants
European migrants have paid in £4.96 billion more in taxes to the UK than they cost in benefits, says a report published on Wednesday...
Young unemployed Canadians should work for free, BoC Governor says
Young unemployed Canadians should consider unpaid work, Stephen Poloz, Governor of the Bank of Canada said. It is important that they bolster their resumes...
Menzies Aviation profit warning, boss leaving immediately
Menzies Aviation, part of John Menzies plc, issued a profit warning and added that Craig Smyth, the aviation unit’s managing director, would be leaving...
UK GDP to grow by 2.5% in 2015, not 2.3% says NIESR
UK GDP is expected to grow by 2.5% in 2015, the NIESR (National Institute of Economic and Social Research) announced on Wednesday, and not...