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Oil giant Saudi Aramco has $42.4B profit in third quarter

Oil giant Saudi Aramco has $42.4B profit in third quarter

DUBAI, United Arab Emirates (AP) — Oil giant Saudi Aramco on Tuesday reported a $42.
Judge blocks Penguin Random House-Simon & Schuster merger

Judge blocks Penguin Random House-Simon & Schuster merger

NEW YORK (AP) — A federal judge has blocked Penguin Random House's proposed purchase of Simon & Schuster, agreeing with the Justice Department that the joining of two of the world’s biggest publishers could “lessen competition” for “top-selling b
Heavy Russian barrage on Ukraine, no water for much of Kyiv

Heavy Russian barrage on Ukraine, no water for much of Kyiv

KYIV, Ukraine (AP) — A massive barrage of Russian cruise missile and drone strikes hit critical infrastructure in Kyiv, Kharkiv and other Ukrainian cities early Monday, knocking out water and power supplies in retaliation for what Moscow alleged was
Wheat futures jump as Russia pulls out of Black Sea agreement

Wheat futures jump as Russia pulls out of Black Sea agreement

CALGARY — Wheat prices spiked on Monday as Russia's withdrawal from the UN-brokered Black Sea grain agreement over the weekend ignited fresh fears about global food security.
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 Monday on the Toronto Stock Exchange: Toronto Stock Exchange (19,426.14, down 45.05 points): Canopy Growth Corp. (TSX:WEED). Health care. Up 81 cents, or 18.93 per cent, to $5.09 on 9.
S&P/TSX composite index, U.S. markets slump Monday

S&P/TSX composite index, U.S. markets slump Monday

TORONTO — Canadian and U.S. markets slumped on the last day of October, with Canadian markets buoyed somewhat by energy stocks even as the price of oil fell. The S&P/TSX composite index was down 45.05 points at 19,426.14.
Cargojet credits its focus on commercial business for strong third quarter

Cargojet credits its focus on commercial business for strong third quarter

MISSISSAUGA, Ont. — Cargojet Inc. credits its new strategy for a high performing third quarter, as the company adapts to uncertain customer demands while keeping a close eye on the economy. The Mississauga, Ont.
AP source: Biden to float windfall tax on energy producers

AP source: Biden to float windfall tax on energy producers

WASHINGTON (AP) — President Joe Biden on Monday will raise the possibility of imposing a ‘windfall tax’ on energy companies if they don't boost domestic production, as his administration aims to combat high gas prices just days before the midterm ele
Importance of understanding your travel insurance in post-COVID-19 era

Importance of understanding your travel insurance in post-COVID-19 era

TORONTO — TD Home and Auto Insurance Company, a subsidiary of TD Bank, has settled a class action lawsuit with Canadians whose trips were cancelled due to the COVID-19 pandemic, and one expert says the situation reinforces the importance of understan
Musk tests waters on paid verification for Twitter accounts

Musk tests waters on paid verification for Twitter accounts

Billionaire Elon Musk is already floating major changes for Twitter as he begins his first week as owner of the social-media platform .