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Constellation to buy U.S. broadcasting software firm WideOrbit, create spinoff
TORONTO — Constellation Software Inc. says it will buy U.S. tech company WideOrbit Inc., merge the firm with its subsidiary Lumine Group and then spin them off into a separate business.
Dec 12, 2022 1:21 PM
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Statistics Canada says household debt-to-income ratio climbed higher in third quarter
OTTAWA — Canadian households' debt-to-income ratio rose in the third quarter as rising interest rates affected the cost of borrowing. There was $1.
Dec 12, 2022 1:06 PM
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Microsoft taking 4% stake in London Stock Exchange
Microsoft is taking a roughly 4% stake in the operator of the London Stock Exchange, which has agreed to spend at least $2.8 billion in cloud-computing services from the technology giant.
Dec 12, 2022 12:38 PM
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Amgen to buy Horizon Therapeutics in $26.4B deal
Amgen is spending more than $26 billion to dive deeper into rare disease treatments with a deal for drugmaker Horizon Therapeutics. The biotech drug developer said Monday that it will pay $116.
Dec 12, 2022 10:49 AM
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Activist investor seeking to replace four trustees on First Capital REIT board
VANCOUVER — Activist investor Sandpiper Group is seeking to replace four of the nine trustees at First Capital Real Estate Investment Trust, including chair Bernard McDonell.
Dec 12, 2022 9:58 AM
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Europe shifts focus to avoiding energy shortage next year
The heads of the International Energy Agency and European Union's executive branch said Monday that the 27-nation bloc is expected to weather an energy crisis this winter but needs to speed renewables to the market and take other steps to avoid a pot
Dec 12, 2022 9:22 AM
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Pembina signs deal to sell stake in Key Access Pipeline System
CALGARY — Pembina Pipeline Corp. has signed a deal to sell Pembina Gas Infrastructure's 50 per cent interest in the Key Access Pipeline System to private equity firm Stonepeak Partners LP for $662.5 million.
Dec 12, 2022 7:41 AM
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Twitter relaunching subscriber service after debacle
NEW YORK (AP) — Twitter is once again attempting to launch its premium service, a month after a previous attempt failed .
Dec 12, 2022 6:17 AM
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Five things to watch for in the Canadian business world in the coming week
TORONTO — Five things to watch for in the Canadian business world in the coming week: Macklem fireside chat Bank of Canada governor Tiff Macklem will participate in a fireside chat hosted by the Business Council of British Columbia in Vancouver on Mo
Dec 11, 2022 9:00 AM
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''Opportunities to invest': Experts say space business needs boost in Canada
It's hard to make things work in space, and even harder to make money there. With a long history in the space industry and a pocketful of healthy companies, Canadians are good at both.
Dec 11, 2022 9:00 AM
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