Edition:
United Kingdom

Laharee Chatterjee

UPDATE 2-Corus Entertainment profit beats on lower costs

19 Oct 2018

Oct 19 Corus Entertainment Inc's quarterly profit beat analyst estimates on Friday, as the Canadian media company kept a tight leash on expenses and declines in its struggling television business slowed.

DowDuPont CEO Breen takes executive chair role in new DuPont

17 Sep 2018

DowDuPont Chief Executive Edward Breen will oversee the specialty-products unit that carries most of the company's legacy DuPont operations after the chemicals major splits back into three different businesses, the company said on Monday.

Apple self-driving car rear ended during road testing

01 Sep 2018

An Apple Inc self-driving car was rear-ended while merging onto an expressway near the company's Silicon Valley headquarters this month, the company said in an accident report posted on Friday that confirmed the iPhone maker is still in the race to build autonomous vehicles. | Video

Canada's Ensign to launch hostile bid for Trinidad Drilling

13 Aug 2018

Canadian oilfield services provider Ensign Energy Services Inc on Monday said it would make a C$947 million ($720 million) hostile bid for Trinidad Drilling Ltd , as the recovery of Canada's oil industry lags a global rebound.

Enbridge completes 40 percent of Line 3 work, tops profit estimates

03 Aug 2018

Enbridge Inc said on Friday it had completed 40 percent of replacement work on its massive Line 3 pipeline and reported a better-than-expected quarterly profit by reining in costs.

TransCanada sees robust oil shipper interest in Keystone XL

02 Aug 2018

Pipeline operator TransCanada Corp is seeing strong interest from oil shippers in locking up the remaining space on Keystone XL and expects it to be fully subscribed, its chief executive said on Thursday.

DowDuPont sees higher raw material costs, shares fall

02 Aug 2018

DowDuPont Inc said it expects higher raw material costs to hit all its units for the rest of the year even as an uptick in its agriculture business helped the U.S. chemicals producer beat Street estimates for the fourth straight quarter. | Video

Restaurant Brands misses estimates on weak Burger King sales

01 Aug 2018

Fast-food chain Restaurant Brands International Inc missed analyst estimates for total revenue on Wednesday, as weak sales at its Burger King chain overshadowed improvements at Tim Hortons.

Frac sand producer U.S. Silica forecasts strong second half

31 Jul 2018

U.S. Silica Holdings Inc's , which makes sand used in hydraulic fracturing, forecast an upbeat second half of the year on strong demand for locally sourced sand, helping its shares recover after disappointing quarterly results.

Phillips 66's profit beats on higher refining margins

27 Jul 2018

U.S. independent oil refiner Phillips 66's quarterly profit topped analysts' estimates on Friday as cheaper crude prices boosted refining margins by more than 45 percent.

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