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Oil giant Saudi Aramco makes a historic $161B profit in 2022

Oil giant Saudi Aramco makes a historic $161B profit in 2022

DUBAI, United Arab Emirates (AP) — Oil giant Saudi Aramco reported Sunday earning $161 billion last year, claiming the highest-ever recorded annual profit by a publicly listed company and drawing immediate criticism from activists.
'Welcome to Lviv': Ukrainian city ready for 'brave' Canadian tourists

'Welcome to Lviv': Ukrainian city ready for 'brave' Canadian tourists

LVIV, Ukraine — Two women sit at a table near the front door of a small, nondescript bar in western Ukraine. Speak the password, and they will escort you to a closet, inside which is a staircase that leads down to a stone cellar.
Flair Airlines says four of its aircraft seized in a 'commercial dispute'

Flair Airlines says four of its aircraft seized in a 'commercial dispute'

Passengers travelling with Flair Airlines were "impacted" on Saturday after four of its leased aircraft were seized in Toronto, Edmonton and Waterloo, Ont., in what the company described as a "commercial dispute.
Indigo union demands more details on cyberattack, support for affected workers

Indigo union demands more details on cyberattack, support for affected workers

TORONTO — A union representing 200 employees of Indigo Books & Music Inc. is calling on the retailer to disclose more information about the scope of its recent data breach and offer additional support to staff affected by the cyberattack.
Meta to block access to news on Facebook, Instagram if Online News Act adopted as-is

Meta to block access to news on Facebook, Instagram if Online News Act adopted as-is

OTTAWA — Canadians would no longer be able to access news on Facebook or Instagram if the federal government's proposed Online News Act passes in its current form, the parent company behind the two popular social media platforms said.
China names Li Qiang premier nominally in charge of economy

China names Li Qiang premier nominally in charge of economy

BEIJING (AP) — China on Saturday named Li Qiang , a close confidant of top leader Xi Jinping , as the country’s next premier nominally in charge of the world’s second-largest economy now facing some of its worst prospects in years.
Ottawa greenlights WestJet's takeover of Sunwing

Ottawa greenlights WestJet's takeover of Sunwing

MONTREAL — The federal government gave the thumbs-up Friday to WestJet Airlines' takeover of Sunwing Airlines and Sunwing Vacations in a major consolidation of the Canadian aviation market following a tumultuous year for travel.
Airports gear up for passenger surge as spring break tests their capacity

Airports gear up for passenger surge as spring break tests their capacity

MONTREAL — Airports and airlines prepared for a surge in passengers this week ahead of spring break after a year where the industry has struggled to cope with peak travel times.
Trans Mountain pipeline construction costs balloon again, this time to $30.9B

Trans Mountain pipeline construction costs balloon again, this time to $30.9B

CALGARY — The estimated cost of the Trans Mountain pipeline expansion project has increased once again, this time to $30.9 billion. That's the latest figure from Trans Mountain Corp., the federal Crown corporation that owns the pipeline.
Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (19,774.92, down 311.80): Suncor Energy Inc. (TSX:SU). Energy. Down 37 cents, or 0.79 per cent, to $46.27 on 17.9 million shares.