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National Business
Centerra Gold stock falls after Kyrgyz Republic state firm says it will divest shares
CALGARY — The Kyrgyz Republic state company that owns 26 per cent of the shares of Canadian miner Centerra Gold Inc. says in a regulatory filing it intends to sell about 19 per cent of its holdings. Centerra's shares fell by as much as 6.
May 14, 2021 12:32 PM
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Quebec businessman Pierre Karl Peladeau no longer interested in buying Transat AT
MONTREAL — Transat A.T. says negotiations about a takeover offer from Pierre Karl Peladeau ended Thursday, while the Quebec businessman says that he was no longer interested in acquiring the tour operator.
May 14, 2021 12:03 PM
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Statistics Canada says wholesale and manufacturing sales climbed higher in March
OTTAWA — Canadian wholesale and manufacturing sales in both climbed higher in March after pulling back in February. Statistics Canada said Friday manufacturing sales hit their highest level since June 2019 as they climbed 3.5 per cent to $57.
May 14, 2021 11:18 AM
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Irish health system targeted in 'serious' ransomware attack
LONDON (AP) — Ireland's health service shut down its IT systems on Friday after being targeted in a ransomware attack by what it called “international criminals.
May 14, 2021 11:09 AM
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US industrial output rose a modest 0.7% amid shortages
WASHINGTON (AP) — U.S. industrial production increased for a second straight month in April as more factories came online after being shutdown by winter ice storms.
May 14, 2021 10:11 AM
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SNC-Lavalin Group reports first-quarter profit compared with loss a year ago
MONTREAL — SNC-Lavalin Group Inc. reported a profit attributable to shareholders of $73 million in its latest quarter compared with a loss of nearly $66 million in the same quarter last year.
May 14, 2021 8:20 AM
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Onex reports US415-million Q1 profit compared with loss a year ago
TORONTO — Onex Corp. reported a net profit of US$415 million in its latest quarter compared with a net loss of US$997 million in the same quarter last year. The private equity investment firm, which keeps its books in U.S.
May 14, 2021 8:19 AM
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Hip-hop's Mally Mall gets prison in Vegas prostitution case
LAS VEGAS (AP) — Hip-hop music figure Jamal “Mally Mall” Rashid was sentenced Thursday in Las Vegas to 33 months in federal prison for owning and operating a prostitution business disguised as an escort enterprise, federal prosecutors and his defense
May 13, 2021 8:10 PM
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Kansas City Southern to scrap CP deal after revised US$33.6-billion offer from CN
Kansas City Southern Inc. says it is terminating its merger agreement with CP Rail after determining that rival Canadian National Railway's revised US$33.6-billion offer was superior.
May 13, 2021 7:53 PM
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Power Corp. Q1 profit nearly triples to $556 million on lift from insurance business
MONTREAL — Power Corp. says its first-quarter profit nearly tripled from the prior year as it realized big gains from its life insurance business.
May 13, 2021 6:42 PM
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