May 26th, 2024

Business

Shawcor reports $23-million Q3 profit, revenue up from year ago

By The Canadian Press on November 14th, 2022

TORONTO – Shawcor Ltd. reported a $23-million profit in its latest quarter compared with a loss a year ago as its revenue rose about 15 per cent. Shawcor chief executive Mike Reeves says strong execution resulted in robust sequential and year-over-year growth in revenue, gross profit, operating cash flow and backlog. The energy and infrastructure ... Read More »

Be the first to comment!

Zelenskyy calls liberation of Kherson ‘beginning of the end’

By Sam Mednick, The Associated Press on November 14th, 2022

KHERSON, Ukraine (AP) – Ukrainian President Volodymyr Zelenskyy hailed the Russian withdrawal from Kherson as the “beginning of the end of the war” on Monday, as he lauded soldiers and took selfies with them in the recently liberated southern city. The retaking of Kherson after a grinding offensive that forced Russian to pull back its ... Read More »

Be the first to comment!

Ukrainian president visits liberated city of Kherson

By Sam Mednick, The Associated Press on November 14th, 2022

KHERSON, Ukraine (AP) – Ukrainian President Volodymyr Zelenskyy on Monday visited the newly liberated southern city of Kherson, where he posed with Ukrainian troops in a central square. Zelenskyy has previously appeared unexpectedly in other front-line zones at crucial junctures of the war, to support troops and congratulate them for battlefield exploits. Video footage showed ... Read More »

Be the first to comment!

Media: Ukrainian president visits liberated city of Kherson

By Sam Mednick, The Associated Press on November 14th, 2022

YUZHNE, Ukraine (AP) – Ukrainian media are reporting that Ukrainian President Volodymyr Zelenskyy has visited the newly liberated southern city of Kherson. The presidential office said it could not immediately confirm that Zelenskyy had travelled to Kherson and he himself had said Sunday on Facebook that he was in his office in Kyiv, the capital. ... Read More »

Be the first to comment!

Renovation boom continues even as project costs increase and interest rates rise

By Adena Ali, The Canadian Press on November 13th, 2022

Susan Lambertis in the process of having her entire home renovated and is hopeful it will be completed by early next year. “We are knee-deep in a reno,” she said. After going through plans with an architect last year, getting the necessary approvals and some pandemic-related delays, the project officially started this past spring. Lambert ... Read More »

2 responses

Health Canada recalls Generac and DR portable generators for finger amputation risk

By The Canadian Press on November 11th, 2022

Health Canada is recalling portable generators by brands Generac and DR after reports of finger amputations in the U.S. The models affected are the 6500-watt and 8,000-watt gasoline-powered portable generators by Generac and DR, which is a subsidiary of Generac. The units have two wheels and a U-shaped flip-up handle, and Health Canada shared the ... Read More »

1 response

S&P/TSX composite up 120 points to close week, U.S. markets also up

By The Canadian Press on November 11th, 2022

TORONTO – The S&P/TSX composite continued its rally Friday, rising more than 120 points and closing above 20,000 points for the first time since late August, while U.S. markets also rose. The S&P/TSX composite index was up 121.15 points at 20,111.51. In New York, the Dow Jones industrial average was up 32.49 points at 33,747.86. ... Read More »

1 response

Wall Street adds more gains onto winning week; crypto falls

By Stan Choe, The Associated Press on November 11th, 2022

NEW YORK (AP) – Wall Street tacked more onto its stupendous surge from a day before, leaving the market with its biggest weekly gain since the summer. The S&P 500 rose 0.9% Friday, and the Nasdaq rose twice as much. Markets got a boost after China relaxed some of its anti-COVID measures, while a report ... Read More »

1 response

Crypto exchange giant FTX collapses, files for bankruptcy

By Ken Sweet, The Associated Press on November 11th, 2022

NEW YORK (AP) – It took less than a week for FTX to go from the third-largest cryptocurrency exchange in the world to bankruptcy court. The embattled cryptocurrency exchange, short billions of dollars, sought bankruptcy protection after the exchange experienced the crypto equivalent of a bank run. FTX, the hedge fund Alameda Research, and dozens ... Read More »

1 response

Sobeys data breach serves as wake-up call for industry: expert

By Caitlin Yardley, The Canadian Press on November 11th, 2022

MONTREAL – A recent data breach on Sobeys has revealed a larger issue in Canada’s agri-food sector, an expert said. Sylvain Charlebois, a food researcher and professor at Dalhousie University in Halifax, said the industry has been particularly vulnerable to cyberattacks in recent weeks. He said this most recent incident, which Sobeys has said is ... Read More »

1 response

Pivot Air crew detained in Dominican Republic since April could return home soon: CEO

By The Canadian Press on November 11th, 2022

MISSISSAUGA, Ont. – Pivot Air’s chief executive says paperwork filed in a Dominican Republic court today could allow the airline’s five staff kept in the Caribbean nation since April to return home soon. Eric Edmondson says the paperwork is still pending final court sign-off, but begins a process that will grant the crew who have ... Read More »

Be the first to comment!