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Bus maker NFI Group Inc. reports loss in second quarter, revenue down
WINNIPEG — Global supply chain constraints, inflation and restructuring costs put pressure on NFI Group Inc.'s second quarter earnings, but the company said Wednesday that the outlook is improving.
Aug 3, 2022 11:25 AM
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Dye & Durham exploring options after U.K. regulator orders it to sell TM Group
Dye & Durham says it is considering its options after the United Kingdom's competition regulator said the company must sell a 2021 acquisition due to competition concerns.
Aug 3, 2022 8:57 AM
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Cannabis company Tilray signs distribution agreement with Southern Glazer's
NEW YORK — Tilray Brands Inc. says its wellness division has signed a distribution agreement with Southern Glazer’s Wine & Spirits.
Aug 3, 2022 8:45 AM
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OPEC+ boosts oil output by slower pace than previous months
The OPEC oil cartel and its allies decided Wednesday to boost production in September by a much slower pace than in previous months at a time of high gasoline prices and unstable energy supplies exacerbated by the war Russia has waged on Ukraine .
Aug 3, 2022 8:29 AM
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Recipe Unlimited Corp. reports 55% system sales increase, net income down
VAUGHAN, Ont. — The company behind Harvey's, Swiss Chalet and other restaurant franchises says it saw a 55.4 per cent jump in system sales in the second quarter compared with last year as customers returned to in-restaurant dining.
Aug 3, 2022 8:17 AM
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Brookfield Infrastructure Partners posts strong second quarter results
TORONTO — Brookfield Infrastructure Partners LP reported strong second quarter results as funds from operations (FFO) jumped 30 per cent compared with the same quarter last year.
Aug 3, 2022 8:16 AM
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Price matching, loyalty programs adding to race for lowest cannabis prices
TORONTO — It's hard to miss the smattering of cannabis store signs aiming to lure in customers with deep discounts and flashy membership programs along the stretch of Front Street East leading to Toronto's St. Lawrence Market.
Aug 3, 2022 8:00 AM
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Semtech Corp. buying B.C.-based Sierra Wireless for US$1.2 billion
VANCOUVER — Semtech Corp. says it's buying Vancouver-based Sierra Wireless in an all-cash deal that values the cellular technology provider at US$1.2 billion.
Aug 3, 2022 7:32 AM
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Inspectors OK 1st Ukraine grain ship but no sign yet of more
ISTANBUL (AP) — The first grain ship to leave Ukraine and cross the Black Sea under a wartime deal passed inspection Wednesday in Istanbul and headed on to Lebanon.
Aug 3, 2022 7:14 AM
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Dolly Parton among Carnegie Medal of Philanthropy winners
NEW YORK (AP) — Country superstar Dolly Parton, who made a big donation to help fund coronavirus vaccine research in 2020, is among this year's Carnegie Medal of Philanthropy recipients.
Aug 3, 2022 6:07 AM
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