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Shawcor sells oilfield asset management business in deal worth at least $15M

Shawcor sells oilfield asset management business in deal worth at least $15M

TORONTO — Shawcor Ltd. says it has sold its oilfield asset management business to Force Inspection Services Inc. in a deal worth at least $15 million.
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Rio Tinto calls off deal with dissident shareholders at Turquoise Hill

Rio Tinto calls off deal with dissident shareholders at Turquoise Hill

TORONTO — Rio Tinto has called off a controversial side agreement it had signed with a pair of shareholders that opposed the company's plan to buy a minority stake in Turquoise Hill Resources Ltd. that it does not already own.
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Torstar co-owners say focused on quick 'divorce' in public appearance

Torstar co-owners say focused on quick 'divorce' in public appearance

TORONTO — Speaking for the first time publicly since their business relationship soured, Torstar Corp. owners Paul Rivett and Jordan Bitove confirmed there was no reconciliation ahead as their approaches to business were too different.
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3 convicted in 2014 downing of Malaysian jet over Ukraine

3 convicted in 2014 downing of Malaysian jet over Ukraine

SCHIPHOL, Netherlands (AP) — A Dutch court on Thursday convicted three men of murder for their role in shooting down a Malaysia Airlines passenger jet with a Russian surface-to-air missile, killing all 298 people aboard the aircraft as it flew over a
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More Twitter workers flee after Musk's 'hardcore' ultimatum

More Twitter workers flee after Musk's 'hardcore' ultimatum

Twitter continued to bleed engineers and other workers on Thursday, after new owner Elon Musk gave them a choice to pledge to “hardcore” work or resign with severance pay.
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Asian stocks mixed after Wall St falls on rate hike worries

Asian stocks mixed after Wall St falls on rate hike worries

BEIJING (AP) — Asian stocks were mixed Friday after Wall Street declined following indications the Federal Reserve might raise interest rates higher than expected to cool inflation. Shanghai declined while Tokyo and Hong Kong advanced.
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'Sense of relief:' Ottawa rejection of Nunavut mine expansion draws praise, criticism

'Sense of relief:' Ottawa rejection of Nunavut mine expansion draws praise, criticism

Nunavut member of Parliament Lori Idlout says she felt an "overwhelming sense of relief" when she learned federal ministers had rejected a proposal to expand an iron ore mine on the tip of Baffin Island. "It was great to see this decision.
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Transport minister encourages masks on planes, Ontario says illnesses slowing down

Transport minister encourages masks on planes, Ontario says illnesses slowing down

Canada's transport minister says the federal government strongly encourages people to wear masks on planes and trains as regions across the country report increasing pressure on the health-care system, but he stopped short of making it a requirement.
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S&P/TSX composite down almost 75 points, U.S. markets also slip

S&P/TSX composite down almost 75 points, U.S. markets also slip

TORONTO — Markets in Canada and the U.S. slipped for a second day in a row, with losses in energy, information technology, utilities and metals leading Canada's main stock index downward. The S&P/TSX composite index was down 73.
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Russia launches missile barrage on Ukraine as 1st snow falls

Russia launches missile barrage on Ukraine as 1st snow falls

KYIV, Ukraine (AP) — Russian airstrikes targeted Ukraine’s energy facilities again Thursday as the first snow of the season fell in Kyiv, a harbinger of the hardship to come if Moscow’s missiles continue to take out power and gas plants as winter des
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