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German factory production, exports up in March in good sign

German factory production, exports up in March in good sign

BERLIN — Factory production and exports increased strongly in Germany in March, according to official statistics released Friday, developments that bode well for the second quarter in Europe's largest economy as it struggles to emerge from the corona
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U.S. railway regulator approves CP Rail voting trust for KCS; CN Rail expects same

U.S. railway regulator approves CP Rail voting trust for KCS; CN Rail expects same

The U.S. railway regulator has approved CP Rail's voting trust in connection with its proposed purchase of Kansas City Southern.
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Recipe sales decrease in Q1, partially offset by increase in e-commerce, catering

Recipe sales decrease in Q1, partially offset by increase in e-commerce, catering

VAUGHAN, Ont. — Recipe Unlimited Corp. saw system sales plunge 28 per cent in its most recent quarter as the pandemic continued to be a drag on the restaurant chain amid dining room closures and seating restrictions across Canada. The Vaughan, Ont.
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Martinrea rebounds with strong start to 2021 as Q1 profit surges 34.5 per cent

Martinrea rebounds with strong start to 2021 as Q1 profit surges 34.5 per cent

TORONTO — Martinrea International Inc. rebounded from a tough end to 2020 with net income surging 34.5 per cent in the first quarter on higher revenues. The auto parts manufacturer says it earned $38.
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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 (19,290.98, down 19.76 points.) Enbridge Inc. (TSX:ENB). Energy. Down 58 cents, or 1.18 per cent, to $48.42 on 31.5 million shares.
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West Fraser reports US$665M in earnings, $2.3 billion in sales as it acquires Norbord

West Fraser reports US$665M in earnings, $2.3 billion in sales as it acquires Norbord

CALGARY — West Fraser Timber Co. Ltd. is reporting higher first-quarter sales and earnings on higher prices and production of lumber and building panels after completing its $4-billion all-stock takeover of Norbord Inc. on Feb. 1.
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US proposes ending rule that weakened wild bird protections

US proposes ending rule that weakened wild bird protections

BILLINGS, Mont. — Longstanding protections for wild birds would be restored under a proposal unveiled Thursday to bring back prosecutions of avian deaths by industry that were ended under former President Donald Trump.
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S&P/TSX composite falls despite commodities, loonie hits highest level since 2017

S&P/TSX composite falls despite commodities, loonie hits highest level since 2017

TORONTO — Canada's main stock index slipped despite positive moves by the commodities sectors while the loonie hit its highest level in more than three years.
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N.L. in financial crisis of its own making, time to rein in public spending: report

N.L. in financial crisis of its own making, time to rein in public spending: report

ST. JOHN'S, N.L. — Poor management and a culture of indifference toward debt have brought Newfoundland and Labrador to a financial breaking point, according to a long-awaited economic report released Thursday.
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OpenText reports $91.5M profit in Q3, as company grows customer base

OpenText reports $91.5M profit in Q3, as company grows customer base

WATERLOO, Ont. — A slew of new customers and products delivered a 252 per cent increase in net income for OpenText Corp. in its latest quarter. The Waterloo, Ont.-based tech company says its net income for its third quarter amounted to US$91.
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