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Glencore willing to take Teck Resources bid directly to shareholders
Swiss commodities giant Glencore said it is willing to present its takeover offer directly to shareholders of Teck Resources Ltd. if the company's board does not come to the negotiating table regarding its unsolicited proposal.
Apr 27, 2023 4:27 PM
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Stock market today: Meta's surge fuels big Wall Street rally
NEW YORK (AP) — Wall Street steamed to its best day since January after Meta Platforms became the latest Big Tech company to blow past profit forecasts. The S&P 500 rose 2% Thursday. The Dow rose 1.6% and the Nasdaq added 2.4%.
Apr 27, 2023 4:08 PM
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California passes 1st-in-nation emission rules for trains
SACRAMENTO, Calif. (AP) — The California Air Resources Board approved Thursday a first-in-the-nation, ambitious rule limiting rail pollution. The goal is to drastically cut greenhouse gas emissions from locomotives.
Apr 27, 2023 3:40 PM
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The wealthy want business jets, even as economy softens, says Bombardier CEO
MONTREAL — Demand for private planes remains hot even as the economy cools, according to Bombardier Inc. executives.
Apr 27, 2023 3:35 PM
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Bank regulator says no indicators of liquidity shock re-emerging
TORONTO — The head of Canada's banking regulator says that despite continued liquidity stress at some U.S. banks, he isn't seeing any data to suggest that a wider shock is going to re-emerge.
Apr 27, 2023 3:32 PM
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Halifax company to upgrade 13 Cormorant helicopters for Canada's military
HALIFAX — Canada’s defence minister travelled to Halifax Thursday to tout a major subcontract as part of the $1.2-billion upgrade of the military’s fleet of search-and-rescue helicopters.
Apr 27, 2023 3:19 PM
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Fed's Powell was tricked by fake call from Russia pranksters
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell was tricked into an extended phone call in January with Russian pranksters posing as Ukrainian President Volodymyr Zelenskyy
Apr 27, 2023 2:24 PM
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Newfoundland's Terra Nova oilfield faces more delays, uncertainty
ST. JOHN'S, N.L. — An oilfield off the southeast coast of Newfoundland that hasn't produced crude since 2019 is facing more setbacks.
Apr 27, 2023 1:52 PM
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Average home price will not revert to pre-pandemic levels this year: CMHC
TORONTO — The Canada Mortgage and Housing Corp.
Apr 27, 2023 12:13 PM
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Iran navy seizes Marshall Islands oil tanker in Gulf of Oman
DUBAI, United Arab Emirates (AP) — Iran's navy seized a Marshall Islands-flagged oil tanker in the Gulf of Oman on Thursday amid wider tensions over Tehran's nuclear program, the latest-such capture in a waterway crucial for global energy supplies.
Apr 27, 2023 11:23 AM
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