Browsing Tag
Canada
648 posts
Oman oil spill expands sevenfold as sanctioned tanker threatens protected reserve
A sanctioned tanker is leaking inside Oman’s protected Arabian Sea Reserve. The spill has expanded sevenfold while salvage remains unclear.
Gran Tierra sells South American oil assets for $1.33bn to eliminate debt
Gran Tierra’s $1.33 billion asset sale could eliminate debt and fund buybacks while shifting its future to Canada and Azerbaijan.
General Dynamics beats Q2 estimates, raises 2026 guidance on record backlog
General Dynamics beat Q2, raised full-year EPS guidance to $16.80-$16.90 and hit a record $136.5B backlog, yet shares fell 3.1% on supply chain concerns.
WSP Global’s second Arcadis approach fails on price and paper currency concerns
Arcadis rejected WSP Global's €5.2 billion revised bid at €51.50 per share, citing undervaluation, WSP stock risk, and leverage inside a combined entity.
Michael Hill International (ASX: MHJ) expects FY26 EBIT to jump up to 57% as same-store sales rise
Michael Hill International has delivered sales growth across Australia, Canada and New Zealand while lifting expected FY26 comparable EBIT by at least 44%. The stronger profit outlook suggests that portfolio simplification and tighter retail execution are gaining traction, although the full-year margin, dividend decision and second-half earnings profile remain important tests.
Saturn Oil & Gas nearly doubles 2026 capex as acquisitions lift production target and debt
Saturn Oil & Gas has expanded its drilling programme after acquisitions and stronger well performance. Production and cash-flow guidance have risen, but so have capital spending and absolute debt.
Canada paid for the Gordie Howe bridge, so why will the United States receive part of its revenue?
The Gordie Howe International Bridge has opened between Detroit and Windsor, adding critical freight capacity while leaving questions over toll revenue, traffic volumes and Canada-US trade relations.
Expand Energy (Nasdaq: EXE) agrees $1.25bn Twin Eagle acquisition to build North American gas marketing powerhouse
Expand Energy is moving beyond production through the acquisition of Twin Eagle’s marketing, storage and transportation platform. The deal promises recurring cash flow, but integration, working capital and renewed borrowing will determine whether the strategy creates durable value.
Trump tariffs hit 60 trading partners as US rebuilds global import tax wall
Washington replaced an expiring tariff with forced-labour duties on 60 economies, keeping a near-universal US import tax floor intact.
El Niño strengthens across Pacific as forecasters warn of a potentially historic 2026 event
El Niño is rapidly strengthening across the Pacific. See how a potentially historic event could disrupt weather, food and economies into 2027.