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Newly listed Topaz Energy forecasts double-digit earnings and output growth in 2021
CALGARY — Three weeks after its initial public offering, Topaz Energy Corp. says it expects about 15 per cent growth in royalty production and 38 per cent higher adjusted earnings next year compared with this year.
Nov 11, 2020 12:14 PM
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Lagarde: Recovery could be stop-and-go despite vaccine news
FRANKFURT — European Central Bank head Christine Lagarde warned Wednesday that the economy could face a “bumpy,” “stop-start” recovery despite good news about vaccine development.
Nov 11, 2020 11:30 AM
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Cadillacs probed for suspension failure that led to crashes
DETROIT — The U.S. government's road safety agency is investigating complaints that the rear suspensions on some older Cadillac SUVs can fail, causing drivers to lose control and possibly crash.
Nov 11, 2020 11:30 AM
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Asia Today: Hong Kong, Singapore OK quarantine-free travel
Hong Kong and Singapore will start an air travel bubble at the end of November, allowing travellers from each city to visit the other without entering quarantine in a first step to stimulate tourism amid the coronavirus pandemic. Starting Nov.
Nov 11, 2020 8:26 AM
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CGI reports fourth-quarter profit down from year ago, revenue edged lower
MONTREAL — CGI Inc. reported its fourth-quarter profit fell more than 20 per cent compared with a year ago as it was hit by a restructuring charge. The business and technology consulting firm says it earned $251.
Nov 11, 2020 8:09 AM
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Aimia reports $10.8M Q3 loss compared with $16.9M profit a year ago
TORONTO — Aimia Inc. reported a loss in its latest quarter compared with a profit a year ago. The company says it lost $10.8 million or 15 cents per share for its third quarter which ended Sept. 30. That's compared with a profit of $16.
Nov 11, 2020 7:59 AM
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California voters reject revamp to property tax system
SAN DIEGO — California voters rejected a proposal to partially dismantle the state’s 42-year-old cap on property taxes, a move that would have have raised taxes for many businesses in a pandemic-hobbled economy.
Nov 11, 2020 3:23 AM
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Asian shares mostly higher as focus shifts to virus recovery
Shares were mostly higher Wednesday in Asia after a worldwide rally spurred by hopes that a COVID-19 vaccine will help the global economy return to normal.
Nov 10, 2020 10:42 PM
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Auto industry has hit trough from COVID-19, says Linamar chief executive
The auto industry has hit its trough from the COVID-19 pandemic, Linamar chief executive Linda Hasenfratz said Tuesday.
Nov 10, 2020 7:01 PM
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Most actively traded companies on the Toronto Stock Exchange
TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (16,615.37, up 139.51 points.) Enbridge Inc. (TSX:ENB). Energy. Up $1.82, or 4.81 per cent, to $39.65 on 17.6 million shares.
Nov 10, 2020 5:11 PM
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