Edition:
United Kingdom

Yashaswini Swamynathan

Lululemon hits record high on revamped stores

01 Jun 2018

Lululemon Athletica Inc's shares hit a record high on Friday after the athletic apparel maker raised its full-year profit forecast as customers flocked to its revamped stores.

China's Tianqi Lithium to buy a quarter of Chile's SQM for $4.1 billion

17 May 2018

China's Tianqi Lithium Corp said on Thursday it will buy nearly a quarter of Chilean lithium producer SQM for $4.1 billion, gaining it coveted access to a key ingredient in rechargeable batteries that power mobile phones and electric cars.

Bombardier commits to aero program after CSeries, Toronto land sale

03 May 2018

Bombardier Inc said on Thursday it will stick by its remaining commercial aerospace program after agreeing to sell its biggest land asset, as the Canadian plane and train maker strives to raise cash to pay down its debt.

HollyFrontier beats as Permian, Canadian crude drive margin gains

02 May 2018

U.S. independent refiner HollyFrontier Corp posted a 70 percent rise in first-quarter refining margins on Wednesday, benefiting from discounted costs of crude from the Texas-centred Permian basin and Canada.

Restaurant Brands plans C$700 million Tim Hortons makeover

24 Apr 2018

Burger King owner Restaurant Brands International Inc and its franchisees will spend C$700 million ($546 million) over four years to revamp coffee chain Tim Hortons, following a round of bad publicity over its management of the Canadian chain.

Halliburton revenue jumps on higher North American demand

23 Apr 2018

Oilfield services provider Halliburton Co reported a 34 percent jump in first-quarter revenue on Monday as North American companies boosted oil and gas production amid rising oil prices. | Video

GE's Baker Hughes first-quarter profit tops view on oilfield services growth

20 Apr 2018

General Electric Co's Baker Hughes posted quarterly profit that beat Wall Street estimates on Friday as improving oil prices prompted companies to ramp up oil and gas production.

Canada auto sales dip as economy shows signs of weakness

03 Apr 2018

Sales of light vehicles in Canada dipped 0.6 percent in March according to data released on Tuesday, amid signs that the economy was on track for a weaker-than-expected first quarter.

BlackBerry shares rise after software security pact with Microsoft

20 Mar 2018

BlackBerry Ltd's shares rose 4 percent in early trading on Tuesday after the company said it would provide security for one-time rival Microsoft Corp's flagship Office apps.

Chevron backs 2018 production rise, eyes share buybacks

06 Mar 2018

Oil major Chevron Corp said on Tuesday it should be able to raise production as planned by between 4 and 7 percent in 2018 and buy back shares for the first time in at least three years even without a substantial rise in oil prices.

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