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Debut of Chinese e-finance giant derailed by fear of risks
BEIJING — The world’s biggest online finance company was racing toward a stock market debut when it was derailed by Beijing's anxiety about risks in the fledgling industry, jarring global investors and deepening uncertainty about China’s financial ma
Nov 4, 2020 9:52 PM
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Army Corps reconsidering permit for $9.4B plastics complex
NEW ORLEANS — The Army Corps of Engineers is considering whether potential environmental impacts require it to change, suspend or revoke the permit for a $9.4 billion plastics complex planned in Louisiana by a Taiwan company, U.S.
Nov 4, 2020 9:48 PM
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Vancouver mayor 'gobsmacked' by economic recovery funding shortfall
Vancouver Mayor Kennedy Stewart says he isn't happy with the city's share of economic recovery funding from a federal package to help cope with COVID-19.
Nov 4, 2020 6:54 PM
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Leader of independent ISPs urges big reform of internet pricing
OTTAWA — A leading member of Canada's independent internet industry says it's time to reform a regulatory system that is delaying the introduction of more competitive pricing.
Nov 4, 2020 6:51 PM
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Stingray Q2 profit more than doubles despite lower radio revenues from COVID-19
MONTREAL — Stingray Group Inc. says its net income more than doubled in its second quarter despite a 16 per cent drop in revenues. The Montreal-based company said it earned $11.9 million or 16 cents per share in the three months ended Sept.
Nov 4, 2020 6:51 PM
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Sun Life Financial third-quarter profit increases 10 per cent to $750 million
TORONTO — Sun Life Financial Inc. says its net profit increased 10 per cent in the third quarter as its asset management business increased 25 per cent from a year earlier. The Toronto-based insurer says that equated to $1.28 per share, up from $1.
Nov 4, 2020 6:11 PM
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Tourmaline Oil buys two privately held oil and gas firms for $526 million
CALGARY — Tourmaline Oil Corp. says it is buying two privately held oil and gas companies producing 76,000 barrels of oil equivalent per day for a total of about $526 million in cash and shares.
Nov 4, 2020 6:01 PM
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Russel Metals earns $18 million in Q3, steady from last year despite sales decline
TORONTO — Russel Metals Inc. says it managed to eke out steady profits in the three months ending Sept. 30, despite a sharp decline in sales compared with last summer.
Nov 4, 2020 5:48 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: (15,998.74, up 59.59 points.) Enbridge Inc. (TSX:ENB). Energy. Up nine cents, or 0.25 per cent, to $36.55 on 28.3 million shares.
Nov 4, 2020 5:40 PM
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Aphria to buy U.S. craft brewer in US$300-million deal that may help with expansion
Aphria Inc. will acquire SweetWater Brewing Company in a US$300-million deal that could help it gain a foothold in the U.S. market. The Leamington, Ont.
Nov 4, 2020 5:33 PM
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