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Enbridge shuts oil pipeline to U.S. after spill in Canada
Enbridge isolated its Line 4 pipe at the Regina terminal in Saskatchewan yesterday after about 1,350 barrels of oil were released within an on-site pumping station.
Posted on 12-18-2014 at 1:09 PM
Loonie may weaken to $1.25 amid oil slump: Nomura
Slumping energy prices will push the Canadian dollar to a level it last traded at in April 2009.
Posted on 12-18-2014 at 1:02 PM
TransCanada’s Keystone fight turns to exports as oil glut weighs
Russ Girling's Keystone XL saga is taking a new twist with a global glut of cheap oil.
Posted on 12-18-2014 at 12:21 PM
Switzerland surprises with introduction of negative interest rate
The SNB will impose an interest rate of -0.25 percent on sight deposit account balances of over 10 million Swiss francs and expand its three-month Libor target range to -0.75 percent to 0.25 percent.
Posted on 12-18-2014 at 12:03 PM
Saputo to sell Canada's largest producer of snack cakes to Mexican food giant
Mexican food giant Grupo Bimbo, through its subsidiary Canada Bread Co., is buying Saputo’s bakery division, maker of Vachon and Jos Louis snack cakes.
Posted on 12-18-2014 at 10:17 AM
Barrick suspends Zambia copper mine after royalty rate increase
Barrick expects its fourth-quarter financial results will include a writedown on the Lumwana project, which employs about 4,000 people, the Toronto-based miner said in a statement today.
Posted on 12-18-2014 at 9:52 AM
Canada’s Couche-Tard buys U.S. chain in $860M deal
Alimentation Couche-Tard has struck a $1.7-billion deal to acquire the 1,500-unit U.S. convenience-store chain The Pantry.
Posted on 12-18-2014 at 8:26 AM
Putin's defiance over Russia crisis cements Ukraine standoff
Putin signalled a sustained standoff over Ukraine today, after blaming the West for an economic crisis gripping Russia.
Posted on 12-18-2014 at 7:24 AM

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