United Kingdom

Arathy S Nair

Corteva shares rise as profit beats on international markets

01 Aug 2019

Pesticide and insecticide maker Corteva Inc's quarterly profit beat estimates as volumes and prices in its international markets rose more than expected, sending its shares up more than 8%.

CannTrust fires CEO after Health Canada finds unlicensed pot production

26 Jul 2019

CannTrust Holding Inc said on Thursday it fired Chief Executive Officer Peter Aceto, more than two weeks after Health Canada found the marijuana producer grew cannabis in unlicensed rooms.

Dow cuts 2019 spending forecast on U.S-China trade tensions

26 Jul 2019

Dow Inc forecast current-quarter revenue below analysts' expectations on Thursday and cut 2019 spending as chemical companies grapple with U.S.-China trade dispute and an oversupply of chemicals used to make plastics.

SNC-Lavalin shares at 14-year low on near-term woes

23 Jul 2019

SNC-Lavalin Group Inc shares slumped to a 14-year low on Tuesday, as investors worried about the near-term hit from the struggling Canadian construction company's restructuring plans, including a move to exit fixed-price contracts.

Canadian Pacific beats on higher crude shipments, cost control

16 Jul 2019

Canadian Pacific Railway reported a better-than-expected adjusted quarterly profit on Tuesday, as the country's second-largest railroad operator controlled costs and earned more from moving crude, chemicals as well as plastics.

Jerry Jones' gas firm Comstock pays $1.1 billion for Haynesville producer

10 Jun 2019

Dallas Cowboys owner Jerry Jones strengthened his company Comstock Resources Inc's grip on one of the largest natural gas basins in the United States with a $1.1 billion deal to buy privately held Covey Park.

Bombardier to face pressure at annual meeting over rail unit, 2020 targets

02 May 2019

May 2 Canada's Bombardier Inc will face pressure from skeptical investors at an annual meeting on Thursday about whether the plane-and-train-maker's turnaround plan is still on track as its transportation division grapples with delayed rail contracts.

Buffett's Berkshire helps bankroll Occidental's $38 billion bid for Anadarko

01 May 2019

Warren Buffett's Berkshire Hathaway Inc committed $10 billion on Tuesday to Occidental Petroleum Corp's $38 billion (29 billion pounds) cash-and-stock bid for Anadarko Petroleum Corp, boosting its chances of snatching a deal from Chevron Corp.

World News

Trump paints picture of unity at prickly G7 summit

U.S. President Donald Trump said on Sunday he was getting along well with Western allies at a G7 summit in France, dismissing reports of rifts among leaders and declaring that they "respect" the trade war between Washington and Beijing.