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Thursday, February 25, 2021

Category: Business

Business

Bell CEO’s connected cottage fuels bandwidth envy

admin February 24, 2021

In the municipality of Lac-Sainte-Marie, Que., about an hour’s drive north of Ottawa, one of the easiest ways to rile up local residents is to ask them about their internet … Read More

Comment on Bell CEO’s connected cottage fuels bandwidth envy
Business

No details: Alberta energy minister announces date for start of coal consultations

admin February 24, 2021

Alberta says public consultations on its plans to expand coal-mining will begin March 29 but there’s no decision yet on how they will go ahead. “I have directed my department … Read More

Comment on No details: Alberta energy minister announces date for start of coal consultations
Business

Estee Lauder to buy Deciem, Canadian skincare company behind brand The Ordinary

admin February 24, 2021

The Estee Lauder Cos Inc. has struck a deal to buy Canadian skincare company Deciem Beauty Group Inc. at a valuation of US $2.2 billion. The agreement will see Estee Lauder purchase the … Read More

Comment on Estee Lauder to buy Deciem, Canadian skincare company behind brand The Ordinary
Business

Time for Jeep to end use of tribe’s name, Cherokee chief says

admin February 23, 2021

It is time for Jeep to stop using the Cherokee Nation’s name on its Cherokee and Grand Cherokee SUVs, the chief of the Oklahoma-based tribe said. Chief Chuck Hoskin, Jr. … Read More

Comment on Time for Jeep to end use of tribe’s name, Cherokee chief says
Business

Bank of Montreal, Scotiabank both beat expectations, are optimistic about 2021

admin February 23, 2021

Bank of Montreal and Scotiabank both kicked off first-quarter results from Canada’s big banks on Tuesday by beating expectations. Both banks said economic recoveries driven by the rollout of coronavirus vaccines will boost … Read More

Comment on Bank of Montreal, Scotiabank both beat expectations, are optimistic about 2021
Business

Tesla, now strongly linked to Bitcoin, drops in value as cryptocurrency plummets

admin February 23, 2021

Shares in Tesla Inc., were set to plunge into the red for the year on Tuesday, hit by a broad sell-off of high-flying technology stocks and the fall of bitcoin, … Read More

Comment on Tesla, now strongly linked to Bitcoin, drops in value as cryptocurrency plummets
Business

Microsoft, European publishers side with Australia in fight with Facebook over news

admin February 22, 2021

Microsoft is teaming up with European publishers to push for a system to make big tech platforms pay for news, raising the stakes in the brewing battle led by Australia … Read More

Comment on Microsoft, European publishers side with Australia in fight with Facebook over news
Business

Bitcoin down sharply after hitting record highs this weekend

admin February 22, 2021

Bitcoin fell sharply on Monday after the price for a single unit of the digital currency surged to a record $58,354 US a day earlier, as a selloff in global equities … Read More

Comment on Bitcoin down sharply after hitting record highs this weekend
Business

Boeing recommends grounding 777 aircraft after plane makes emergency landing in Denver

admin February 22, 2021

Boeing has recommended that airlines ground all of its 777s with the type of engine that suffered a catastrophic failure over Denver on the weekend. A United Airlines plane’s right engine … Read More

Comment on Boeing recommends grounding 777 aircraft after plane makes emergency landing in Denver
Business

Texas deep freeze the latest jolt as volatile oil markets recover from 2020

admin February 20, 2021

It was only last spring that the price of a barrel of oil plunged below zero amidst tumbling fuel demand brought on by a global pandemic. What a difference 10 months … Read More

Comment on Texas deep freeze the latest jolt as volatile oil markets recover from 2020
Business

TC Energy considers selling steel among next steps after Keystone XL cancellation

admin February 19, 2021

TC Energy is considering selling steel and other spare equipment from its Keystone XL project as it continues to decide its next course of action on the failed pipeline proposal. Almost one … Read More

Comment on TC Energy considers selling steel among next steps after Keystone XL cancellation
Business

Hexo to acquire cannabis competitor Zenabis in $235M deal, aiming for European expansion

admin February 16, 2021

Hexo Corp. will acquire competitor Zenabis Global Inc. in $235-million deal that will give the cannabis company a European foothold and strengthen its domestic business. “Hexo’s growth strategy includes expanding … Read More

Comment on Hexo to acquire cannabis competitor Zenabis in $235M deal, aiming for European expansion

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