Malaysia’s state oil company is considering delaying its $27.5 billion Pacific NorthWest liquefied-natural gas project over concerns about oversupply and cheap competing fuels.
Earnings from some of Canada’s biggest companies and the latest jobs numbers are highlights of this week’s events calendar.
Blue Jays starting pitcher Marco Estrada has retired batters at a historically high rate while averaging only 88.2 mph on his fastballs this season.
Bank of Nova Scotia’s retail brokerage units agreed Friday to repay about 20 million Canadian dollars ($15.2 million) to investors as part of a no-contest settlement with Canada’s largest securities regulator over allegations of charging excessive fees.
The chief executive of a Canadian drugmaker is suing a noted short seller for libel after the investor criticized the CEO’s tenure at another drug company, which earlier settled charges of accounting fraud.
The Canadian economy recorded its largest monthly contraction in more than seven years in May after wildfires forced a halt to some oil-sands operations in Alberta.
Enbridge Inc. on Friday said its second-quarter profit fell 48%, hurt by curtailed pipeline shipments after wildfires in May in Northern Alberta forced the shutdown of some oil-sands operations
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Agreement at Port of Saint John allows company to compete with U.S. ports on Atlantic Coast for container shipping trade.
Teck Resources reported a surprise profit and said that although conditions remain challenging, it is starting to see signs of a turnaround in zinc and steelmaking coal prices.
Potash Corp. of Saskatchewan slashed its annual earnings guidance and cut its quarterly dividend for a second time this year as it contends with slumping fertilizer nutrient prices and lower sales volumes.
TransCanada said its second-quarter profit fell 15%, hurt in part by costs related to its purchase of Columbia Pipeline and its nixed Keystone XL pipeline.
Alberta’s wildfires in May caused Canada’s largest crude-oil producer to shut down operations in the area for weeks.
Canada’s main housing agency found “strong evidence” of problematic conditions related to soaring home prices in Vancouver and Toronto.
Barrick Gold Corp. on reported a second-quarter earnings gain, as higher gold prices helped the miner post strong free cash flow amid lower cash costs that came in mostly in line with expectations.
Jackie Birdsall, a senior automotive engineer at Toyota, travels to Death Valley and Canada’s far north to put fuel-cell cars through their paces.
Analysts expect to see strong gold production from Barrick Gold for its second quarter
Chubb Ltd. said its second-quarter operating earnings surged on growth in premiums and net investment income, despite elevated losses for such natural disasters as the Fort McMurray wildfires in Canada.
BlackBerry unveiled a second Android-powered phone, doubling down on efforts to revive its struggling handset business even as its first bet on the popular operating system has yet to pay off.
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