By Alexei Oreskovic. SAN FRANCISCO (Reuters) - Facebook Inc's mobile advertising business continued to accelerate in the first three months of the year, helping the Internet social networking company top Wall Street's revenue target.
Chief Executive Tim Cook said the company chose to expand its stock-buyback program by $30 billion because it views the company's shares as undervalued.
Transport Canada has announced new regulations tightening safety on Canada's railways, beginning with ordering the 5,000 most dangerous tanker cars off the rails.
Nova Scotia may be headed for an all-time high in the price of gas this week as drivers across the country deal with major gasoline price jumps.
CALGARY � Barely a year after completing its takeover of Nexen Inc., China's state-controlled CNOOC Ltd. is putting its stamp on the Canadian oil and gas company by appointing Fang Zhi as CEO, replacing Kevin Reinhart, who has left the company.