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UK blocks Microsoft-Activision gaming deal, biggest in tech
LONDON (AP) — British antitrust regulators on Wednesday blocked Microsoft’s $69 billion purchase of video game maker Activision Blizzard, thwarting the biggest tech deal in history over worries that it would stifle competition for popular titles like
Apr 26, 2023 1:26 PM
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Ukraine's Zelenskyy upbeat after talk with China's Xi
KYIV, Ukraine (AP) — Ukrainian President Volodymyr Zelenskyy said he and Chinese leader Xi Jinping had a “long and meaningful” phone call Wednesday, their first known contact since Russia invaded Ukraine over a year ago
Apr 26, 2023 12:40 PM
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Precision Drilling reports $95.8M Q1 profit, revenue up nearly 60% from year ago
CALGARY — Precision Drilling Corp. reported a first-quarter profit compared with a loss a year ago as its revenue rose nearly 60 per cent, helped by stronger drilling activity and price increases in the U.S. and Canada.
Apr 26, 2023 12:29 PM
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Australian coal company withdraws plan for mine in Alberta foothills
An Australian coal company is withdrawing its plan for a mine in the Crowsnest Pass region of the eastern slopes of Alberta's Rocky Mountains.
Apr 26, 2023 12:25 PM
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Stellantis to offer buyouts amid electric vehicle transition
DETROIT (AP) — Another automaker is trying to cut its workforce to trim expenses and stay competitive as the industry makes the long and costly transition to electric vehicles.
Apr 26, 2023 12:23 PM
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Bank of Canada considered raising interest rates at its last meeting
OTTAWA — The Bank of Canada considered raising interest rates earlier this month, as it feared being too slow to react to sticky inflation.
Apr 26, 2023 11:37 AM
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Rogers teams up with SpaceX, Lynk Global to provide satellite-to-phone remote service
TORONTO — Rogers Communications Inc. is partnering with SpaceX and Lynk Global to deliver satellite-to-phone connectivity across Canada and bolster coverage in remote regions.
Apr 26, 2023 11:30 AM
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Farmers plan biggest wheat crop in more than two decades due to war in Ukraine
Canadian farmers are expecting to plant the largest wheat crop in more than two decades this year amid strong demand for wheat. Statistics Canada said Wednesday that farmers anticipate planting 23 million acres of wheat, up 6.
Apr 26, 2023 10:59 AM
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Canada Infrastructure Bank loaning $220M to Flo for EV charging network expansion
TORONTO — Electric vehicle drivers can expect more charging options ahead as the Canada Infrastructure Bank is loaning $220 million to Flo Services Inc. to expand its network.
Apr 26, 2023 9:34 AM
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Cenovus reports Q1 profit down, lowers production guidance and raises dividend
CALGARY — Cenovus Energy Inc. lowered its production guidance for the year Wednesday after releasing first-quarter financial results that missed Wall Street's expectations.
Apr 26, 2023 9:02 AM
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