Court rules U.S. Steel case must proceed
The Federal Court of Appeal has rejected U.S. Steel's request to cancel a hearing into promises it made in acquiring Stelco and ordered that the Canadian government's lawsuit against the steelmaker proceed without delay. cbc.ca |
BHP to take hostile bid to Potash shareholders
Australian mining giant BHP Billiton said Wednesday it will take its $38.6-billion US cash offer for Potash Corp. directly to the shareholders of the Saskatchewan company. cbc.ca |
Wall Street shares opens higher
US shares opened with small gains today as confidence in the US economy grows following a strong drop in jobless claims. news.com.au |
Westjet load factor falls
Calgary-based WestJet Airlines says its load factor - how full its planes were - in September fell by 2.2 percentage points to 75.5 per cent from the same time a year earlier. cbc.ca |
Husky approves new oilsands project
Calgary-based Husky Energy has given the go-ahead for a $2.5 billion oilsands project and is canceling plans to sell off its operations in southeast Asia. cbc.ca |