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National Business
National Business
Shopify Q3 revenue up 96 per cent from last year amid mass shift to e-commerce
The flood of businesses scrambling to build or enhance their digital efforts during the COVID-19 pandemic nearly doubled Shopify Inc.'s third-quarter revenue compared with a year ago. The Ottawa-based e-commerce company, which keeps its books in U.S.
Oct 29, 2020 10:09 AM
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TC Energy reports third-quarter profit up from year ago, revenue up
CALGARY — TC Energy Corp. reported its third-quarter profit rose compared with a year ago as its revenue edged higher.
Oct 29, 2020 8:38 AM
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S. Korea's top court upholds ex-leader's 17-year jail term
SEOUL, Korea, Republic Of — South Korea’s top court upheld a 17-year prison sentence on former President Lee Myung-bak for a range of corruption crimes in a final ruling Thursday that will send him back to prison soon.
Oct 29, 2020 5:38 AM
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Insurance firms pledge small-business help as pressure to address rising rates mounts
A group representing Canadian insurance companies say it is launching a team that will help small businesses find affordable coverage as rates rise because of the pandemic.
Oct 29, 2020 4:00 AM
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Asian shares lower, US futures up after S&P 500 sinks 3.5%
Asian shares declined Thursday and U.S. futures were higher after the S&P 500 slid 3.5% overnight for its biggest drop since June. The selling in U.S.
Oct 29, 2020 1:35 AM
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FBI warns ransomware assault threatens US healthcare system
BOSTON — Federal agencies warned that cybercriminals are unleashing a wave of data-scrambling extortion attempts against the U.S.
Oct 28, 2020 11:13 PM
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Suncor Energy misses expectations with $302M loss on lower production, prices
CALGARY — Suncor Energy Inc. is reporting a third-quarter operating loss of $302 million or 20 cents per share as revenue fell 34 per cent to $6.5 billion due to lower production and oil prices compared with the same period of 2019.
Oct 28, 2020 7:30 PM
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Husky pipeline spills 900,000 litres of produced water in northwestern Alberta
RAINBOW LAKE, Alta. — Husky Energy is cleaning up after one of its pipelines in northwestern Alberta spilled 900,000 litres of produced water, a byproduct of oil and gas extraction that sometimes contains residual petroleum and chemicals.
Oct 28, 2020 6:13 PM
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Deeper job cuts at Boeing as pandemic throttles air travel
Boeing said Wednesday that it will cut 7,000 more jobs as it continues to bleed money during a pandemic that has smothered demand for new airline planes.
Oct 28, 2020 5:37 PM
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Cogeco on the hunt for acquisitions after rebuffing takeover overture
TORONTO — Cogeco Inc. has the financial resources to do more acquisitions and service improvements profitably as an independent company, chief executive Phlippe Jette said Thursday.
Oct 28, 2020 5:36 PM
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