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Calgary-based PetroTal shuts Peru oilfield after protester deaths and injuries

Calgary-based PetroTal shuts Peru oilfield after protester deaths and injuries

CALGARY — A Calgary-based company is shutting down its oilfield in Peru after violent protests over the weekend that resulted in three protester deaths and a dozen injuries among police and protesters. PetroTal Corp.
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Japan tech giant SoftBank's profits rise on investments

Japan tech giant SoftBank's profits rise on investments

TOKYO — Japanese technology giant SoftBank Group Corp.'s said Tuesday that its profit rose 12% in April-June from a year earlier as its investments added to its coffers, including sales of its shares in U.S. carrier T-Mobile.
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Bumpy road ahead: UK bracing for big spike in unemployment

Bumpy road ahead: UK bracing for big spike in unemployment

LONDON — The U.K. has kept a lid on its unemployment rate so far during the coronavirus pandemic but, scratch beneath the surface, there are worrying trends that will likely see the jobless total soaring by the end of the year.
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CMHC reports annual pace of housing starts climbed nearly 16 per cent in July

CMHC reports annual pace of housing starts climbed nearly 16 per cent in July

OTTAWA — Canada Mortgage and Housing Corp. says the annual pace of housing starts in July rose nearly 16 per cent compared with June.
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Canada Goose Q1 loss nearly doubles as revenue plunges from last year

Canada Goose Q1 loss nearly doubles as revenue plunges from last year

TORONTO — Canada Goose Holdings Inc. reports its first-quarter loss nearly doubled to $50.1 million as revenue plunged 63 per cent from a year earlier due to the COVID-19 pandemic. Revenue for the Toronto-based luxury parka company dropped to $26.
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US producer prices up 0.6% in July, biggest jump since 2018

US producer prices up 0.6% in July, biggest jump since 2018

WASHINGTON — U.S. wholesale prices shot up an unexpected 0.6% in July, biggest gain since October 2018, as energy prices moved sharply higher.
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Hydro One reports $1.1B Q2 profit boosted by one-time gain due to court ruling

Hydro One reports $1.1B Q2 profit boosted by one-time gain due to court ruling

TORONTO — Hydro One Ltd. reported a second-quarter profit of $1.1 billion, boosted by a one-time gain related to a court decision.
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Millennial Money: How we renegotiated our bills to cut costs

Millennial Money: How we renegotiated our bills to cut costs

I know, I know. You’ve probably heard all about how you should renegotiate your bills to save money. But that’s easier said than done, right? That’s why I tried it out.
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Ottawa won't intervene to end dockworkers strike at Port of Montreal, says minister

Ottawa won't intervene to end dockworkers strike at Port of Montreal, says minister

MONTREAL — Canada's labour minister has rejected requests to intervene in a strike launched Monday by Port of Montreal workers.
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Martinrea loses $146.9 million in Q2 on 51 per cent drop in sales due to COVID-19

Martinrea loses $146.9 million in Q2 on 51 per cent drop in sales due to COVID-19

TORONTO — Martinrea International Inc. swung to a large loss in its recent quarter as automotive plant closures during the COVID-19 pandemic took a big bite out of its revenues. The autoparts manufacturer says it lost $146.9 million or $1.
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