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Suncor Energy selling North Sea offshore assets in deal valued at $1.2B

Suncor Energy selling North Sea offshore assets in deal valued at $1.2B

CALGARY 鈥 Suncor Energy Inc. has taken another step toward streamlining its business, signing a deal to sell its offshore assets in the North Sea to Equinor UK Ltd. in an agreement valued at about $1.2 billion.
Toronto-area home prices down 18% from last February, sales halved: board

Toronto-area home prices down 18% from last February, sales halved: board

TORONTO 鈥 Greater Toronto Area home prices fell almost 18 per cent from last February 鈥 the largest year-over-year drop on record 鈥 as the number of properties sold was halved, the region's real estate board said.
Amazon pauses construction on 2nd headquarters in Virginia

Amazon pauses construction on 2nd headquarters in Virginia

NEW YORK (AP) 鈥 Amazon is pausing construction of its second headquarters in Virginia following the biggest round of layoffs in the company鈥檚 history and shifting landscape of remote work .
What is LockBit, the malicious software used against Indigo, SickKids?

What is LockBit, the malicious software used against Indigo, SickKids?

TORONTO 鈥 Indigo Books & Music Inc. revealed this week that a massive systems outage it's been dealing with for almost a month was triggered by ransomware.
Parkland cancels plans to build stand-alone renewable diesel complex at sa国际传媒 refinery

Parkland cancels plans to build stand-alone renewable diesel complex at sa国际传媒 refinery

CALGARY 鈥 Parkland Corp. says it will not go ahead with its plan to build a stand-alone renewable diesel complex at its refinery in Burnaby, sa国际传媒
Martinrea International reports $46.2M Q4 profit, sales up more than 20%

Martinrea International reports $46.2M Q4 profit, sales up more than 20%

TORONTO 鈥 Martinrea International Inc. reported a profit of $46.2 million in its latest quarter compared with a loss of nearly $9.7 million a year ago as its revenue rose more than 20 per cent.
BoC expected to hold interest rate next week, one year after aggressive cycle began

BoC expected to hold interest rate next week, one year after aggressive cycle began

OTTAWA 鈥 One year after the Bank of sa国际传媒's aggressive rate hike cycle began, economists widely expect the central bank will stick to its plan of holding its key interest rate steady at its next scheduled announcement.
Firefighters battle blaze in Hong Kong shopping district

Firefighters battle blaze in Hong Kong shopping district

HONG KONG (AP) 鈥 Hong Kong firefighters battled a huge blaze Friday that broke out overnight at a construction site in a popular shopping district and forced 170 people in nearby buildings to evacuate.
Asian stocks follow Wall St up on interest rate hopes

Asian stocks follow Wall St up on interest rate hopes

BEIJING (AP) 鈥 Asian stock markets followed Wall Street higher Friday after a Federal Reserve official raised hopes the U.S. central bank might not step up its anti-inflation fight as much as feared. Shanghai, Tokyo, Hong Kong and Sydney advanced.
As Tennessee, others target drag shows, many wonder: Why?

As Tennessee, others target drag shows, many wonder: Why?

NASHVILLE, Tenn. (AP) 鈥 鈥淚f I hadn鈥檛 been a girl, I鈥檇 have been a drag queen.鈥 Dolly Parton has uttered those words famously and often.