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Business Canada

  • "There is no better place to do business than Canada," Prime Minister Justin Trudeau said in an Oct. 13 letter to Amazon's Chief Executive Jeff Bezos, seen by Reuters. New Jersey proposed $7 billion in potential credits against state and city taxes if Amazon locates in Newark and sticks to hiring commitments, according to a news release from the governor's office...

  • --Connecticut glossed over its deepening financial problems and Hartford's potential municipal bankruptcy to push the Stamford and Hartford areas as ideal sites. --The Canadian cities of Toronto, Edmonton and Ottawa, as well as Hamilton, Halifax, Montreal, Sault Ste. Marie, Vancouver, and Windsor submitted bids, according to Reuters' reporting and local media...

  • *Canada's Rogers Communication flags weak iPhone 8 sales. The chief executive of Rogers Communication, Canada's largest mobile network, on Thursday said appetite for the iPhone 8 and 8 Plus, which went on sale in September, had been "anemic," the latest sign of weak sales for those phones ahead of the Nov. 3 launch of the pricier iPhone X. Verizon Communication Inc's...

  • DAR ES SALAAM/ TORONTO, Oct 19- Barrick Gold said on Thursday that its African subsidiary Acacia Mining would pay $300 million and split' economic benefits' from operations with Tanzania under a deal proposed to resolve a months-long dispute. Earlier on Thursday, Barrick Chairman John Thornton told a news conference in Dar es Salaam that the company had agreed to...

  • *Canada's Rogers Communication points to weak iPhone 8 sales. The chief executive of Canada's largest mobile network Rogers Communication said appetite for the iPhone 8 and 8 Plus had been "anemic", adding to a series of hints that sales had been poor ahead of the iPhone X launch on Nov. 3. But the debate- and hints from some analysts and a Taiwan media report of a cut in...

  • Backers of the Vancouver Energy project have given $370,000 in cash to support Kris Greene, who has expressed support for the terminal proposed at the Port of Vancouver, according to filings with the Washington Public Disclosure Commission. That represents the bulk of the cash he has raised in the Vancouver port commissioner's race. Tesoro Corp. and Savage...

  • Oct 19- Oilfield services giant Schlumberger Ltd sealed a deal to buy oil and gas assets worth $1 billion from Cenovus Energy on Thursday, raising further concerns about its strategy to own more refining and drilling operations directly. For Calgary, Alberta- based Cenovus, the sale is the latest in its plan to offload assets as it pays down debt, including loans it...

  • TORONTO, Oct 19- The chief executive of Canada's biggest wireless company said on Thursday that he is seeing little demand for Apple Inc's iPhone 8, adding to concerns about prospects for sales of the device. "What we're seeing is sort of... anemic appetite for the iPhone 8," Rogers Communications Inc Chief Executive Joe Natale said in an quarterly earnings...

  • The chief executive of Canada's largest mobile network Rogers Communication said appetite for the latest iPhone had been "anemic", adding to a series of hints that sales of the first of two new phones Apple releases this year is poor. But the debate- and hints from some analysts and a Taiwan media report of a cut in iPhone 8 production- was enough to push Apple shares...

  • TORONTO, Oct 19- The chief executive of Canada's biggest wireless company said on Thursday that he is seeing little demand for Apple Inc's iPhone 8, adding to concerns about prospects for sales of the device. "What we're seeing is sort of... anemic appetite for the iPhone 8," Rogers Communications Inc Chief Executive Joe Natale said in an quarterly earnings...

  • BOSTON— Mayors from Toledo to Tulsa are so eager to woo Amazon's much-vaunted second headquarters that they've been brandishing bourbon, selling the sun, whispering sweet nothings to the company and even pushing its buttons. The Associated Press talked to the leaders of more than 50 cities or metropolitan regions about the different ways they're showcasing...

  • Oct 19- Canada's Cenovus Energy said on Thursday it would sell its Palliser crude oil and natural gas assets in southeastern Alberta to Torxen Energy and Schlumberger Ltd for C $1.3 billion in cash to lower debt. The deal value fell right in the middle of the expected C $1.1 billion- C $1.5 billion range, RBC Capital Markets analyst Greg Pardy said in a client note.

  • TORONTO _ Rogers Communication Inc. on Thursday reported third-quarter profit of $372.4 million. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 79 cents per share. Four analysts surveyed by Zacks expected $2.9 billion.

  • Oct 19- Canadian oil and gas producer Cenovus Energy said on Thursday it will sell its Palliser crude oil and natural gas assets in southeastern Alberta to Torxen Energy and Schlumberger Ltd for C $1.3 billion to lower its debt load. The Calgary, Alberta- based continues to target between C $4 billion and C $5 billion in asset sale agreements by the end of the year,...

  • Oct 19- Cenovus Energy said on Thursday it will sell its Palliser crude oil and natural gas assets in southeastern Alberta to Torxen Energy and Schlumberger Ltd for C $1.3 billion to pay down debt.

  • Efforts to create factories in space are emerging, as freedom from gravity is exciting those at the forefront of medical science.

  • Gold prices recovered after touching the lowest in more than one week on Thursday.

  • STOCKHOLM- Riksbank executive board meeting 0700 GMT. NEW YORK- Federal Reserve Bank of Cleveland President Loretta Mester participates in global regulatory structure panel before conference, "The Future of Global Finance: Populism, Technology and Regulation"- 1800 GMT. OTTAWA- Bank of Canada key policy Interest rate announcement and Monetary Policy Report...

  • CALGARY, Alberta, Oct 18- Kinder Morgan Canada Ltd's Trans Mountain pipeline expansion has seen construction delays and its December 2019 operational start date could be pushed back, the company said on Wednesday as it released earnings that slightly missed analyst forecasts. The newly elected government of the British Columbia province, through which...

  • *Canadian dollar at C $1.2466, or 80.22 U.S. cents. *Canada's factory sales rise 1.6 percent in August. *Canada's 2- year yield drops further below its U.S. equivalent.