A pedestrian is reflected in a Suncor Energy sign in Calgary, Feb. 1, 2010. Suncor Energy has announced that nearly 73 per cent of Canadian Oil Sands shares and accompanying rights have been tendered to Suncor's offer.
Nearly 150 oil platforms in the UK North Sea are expected to be scrapped over the next 10 years, according to industry analysts. Of all the decommissioning over the next 25 years, more than half is likely to take place between 2019 and 2026.
LinkedIn Corp's shares plunged as much as 43% on Friday, wiping out nearly $11 billion of market value, after the social network for professionals shocked Wall Street with a revenue forecast that fell far short of expectations.
Montrealers will finally get to ride on the STM's new Metro cars this weekend - a year and a half later than originally planned.
e Canadian dollar was also higher for a second day, up 0.15 of a U.S. cent at 72.76 cents US after having soared 1.32 cents Wednesday in its biggest one-day gain in almost four years.