Tue Jun 18, 2013 4:13pm EDT. (Adds comments from shareholder, analysts; updates stock price, background on Scout Capital). By Susan Taylor.

CALGARY - Thermal oilsands giant Cenovus Energy Inc. says it will increase its rail transportation capacity to 30,000 barrels per day or 10 per cent of overall production by the end of 2014.

U.S. mobile carrier Verizon Wireless is weighing the possibility of an expansion into Canada, but says consideration of any move north is at a very early stage.

The rich are getting richer, and there are way more of them. The World Wealth Report, issued Tuesday by RBC Wealth Management and Capgemini Financial Services, says the number of millionaires globally grew by 1 million, or 9.2 per cent, to 12 million ...

CALGARY � Ottawa is boosting the liability cap on oil companies with plans to drill in Atlantic and Arctic waters as it looks to rekindle interest in Canada's offshore.