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Imperial Oil expects $1.4 billion in capital spending next year

Imperial Oil expects $1.4 billion in capital spending next year

CALGARY — Imperial Oil Ltd. says it expects its capital spending to total $1.4 billion next year.
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Calfrac Well Services names George Armoyan as interim chief executive

Calfrac Well Services names George Armoyan as interim chief executive

CALGARY — Calfrac Well Services Ltd. says George Armoyan has been appointed as interim chief executive officer. In connection with the change, Ronald Mathison move from his role as executive chairman to just chairman of the company.
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Glamour night for Bosnia migrants presenting fashion brand

Glamour night for Bosnia migrants presenting fashion brand

SARAJEVO, Bosnia-Herzegovina (AP) — For an evening, some migrants in Bosnia were able to escape the hardship of their everyday lives for the glamour of fashion world.
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Judge rejects Purdue Pharma’s sweeping opioid settlement

Judge rejects Purdue Pharma’s sweeping opioid settlement

NEW YORK — A federal judge rejected OxyContin maker Purdue Pharma’s bankruptcy settlement of thousands of lawsuits over the opioid epidemic Thursday because of a provision that would protect members of the Sackler family from facing litigation of the
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CDC recommends Pfizer, Moderna COVID-19 shots over J&J's

CDC recommends Pfizer, Moderna COVID-19 shots over J&J's

Most Americans should be given the Pfizer or Moderna vaccines instead of the Johnson & Johnson shot that can cause rare but serious blood clots, U.S. health officials said Thursday.
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Cenovus to sell Tucker oilsands project for $800M; buyer not yet disclosed

Cenovus to sell Tucker oilsands project for $800M; buyer not yet disclosed

CALGARY — Cenovus Energy Inc. says it has reached a deal to sell its Tucker thermal oilsands project in northeast Alberta for $800 million. The Calgary-based company did not immediately disclose the name of the buyer.
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Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (20,739.78, down 29.38 points.) Manulife Financial Corp. (TSX:MFC). Financials. Down 36 cents, or 1.5 per cent, to $23.54 on 9.
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S&P/TSX composite outperforms most U.S. markets but falls a day after Fed moves

S&P/TSX composite outperforms most U.S. markets but falls a day after Fed moves

TORONTO — The makeup of Canada's main stock index helped it to outpace most U.S. counterparts Thursday, even as North American markets gave up some gains following the U.S. Federal Reserve plan to attack inflation.
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Prosecution casts Elizabeth Holmes as a brazen con artist

Prosecution casts Elizabeth Holmes as a brazen con artist

SAN JOSE, Calif. (AP) — A federal prosecutor on Thursday described Theranos CEO Elizabeth Holmes as a shameless fraudster who duped investors and patents while concealing dangerous defects in her startup's blood-testing technology.
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Travel industry pressed regulator on flight refunds in early days of pandemic: emails

Travel industry pressed regulator on flight refunds in early days of pandemic: emails

The relationship between Canada's airline watchdog and the travel industry is under scrutiny after the release of emails from the early days of the COVID-19 pandemic in which industry executives pressed regulators to back their position against issui
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