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January 7, 2019 11:20 PM U.S. district judge in Russia probe case criticizes attorney as ‘unprofessional’

WASHINGTON—A federal judge on Monday reprimanded an attorney for a Russian company accused of interfering in the 2016 presidential election, saying his references to Looney Tunes and Animal House in recent court filings are inappropriate. U.S. District Judge Dabney Friedrich confronted attorney Eric Dubelier after his most recent court filing included 45

January 3, 2019 2:42 PM Barrick’s new CEO says gold industry shake-up is just starting

Barrick Gold Corp.’s new chief executive officer has a message for the gold industry: This is just the start of a big shake-up. Barrick agreed to buy smaller rival Randgold Resources Ltd. in a $5.4 billion (U.S.) deal announced in September. As part of the agreement, Randgold’s CEO, Mark Bristow, became the chief executive of Barrick, the world’s biggest 51

December 20, 2018 6:49 PM Enerjet aims to take off in crowded budget carrier market next year

CALGARY—The discount airline market is set to become even more crowded, as charter flight company Enerjet aims to relaunch itself as an ultra-low-cost carrier in 2019 after a decade of transporting oilsands workers and tour passengers. An investment group headed by Tim Morgan says it plans to take off in a Canadian market that already includes WestJet 57

December 17, 2018 9:15 PM Tea Party Republican Raul Labrador eyed for Interior secretary

A Tea Party congressman who campaigned for Trump in the final weeks of the 2016 election is being considered to replace outgoing Interior Secretary Ryan Zinke, according to two people familiar with the situation. Idaho Republican Representative Raul Labrador, who will be leaving the House after an unsuccessful gubernatorial run earlier this year, has been talking 45

December 17, 2018 4:21 PM Glencore’s Congolese unit agrees to settlement in Canadian probe

The settlement agreement will be considered at a public hearing on Tuesday, according to separate statements from Katanga and the OSC on Monday. Mistakidis and two other Glencore executives stepped down as directors of Katanga last year after an internal review had found “material weaknesses” in its financial reporting controls. Katanga, which is 86 per cent owned 47

December 11, 2018 10:59 PM Hockey Night in Canada’s relationship with Huawei to continue

“Awkward is awkward,” said Chris MacDonald, an associate professor at Ryerson University specializing in business ethics. “I can imagine Rogers execs keeping a close eye. There’d have to be something pretty close to a smoking gun before you’re going to kill that kind of a deal. “It’s OK to be uncomfortable with something without saying it’s unethical 68

December 10, 2018 4:46 PM BlackBerry to unveil secure smart-city traffic technology service

BlackBerry Inc. is attempting to aid in the creation of smart cities with a new service that provides the infrastructure for vehicles and traffic lights to exchange information in a secure manner. The Waterloo-based tech company says it will not charge service fees for automakers and public offices involved in smart city and connected vehicle pilots 48

December 7, 2018 2:31 PM Gains abroad extend the record earnings streak at Canadian banks

Canada’s eight big banks extended their record earnings streak this year, posting a 7.5 per cent jump in annual profit fuelled by operations outside their home turf. Net income for the companies totalled C$45.9 billion ($34.3 billion U.S.) in the fiscal year ended Oct. 31. Toronto-Dominion Bank and Bank of Montreal profited from their U.S. consumer-lending 65

December 5, 2018 4:54 PM Aphria shares slip as investment firm hits back at short-sellers’ allegations

Quintessential Capital Management and Hindenburg Research alleged Monday that Aphria’s recent acquisitions of assets in Colombia, Argentina and Jamaica from Scythian Biosciences are “largely worthless” and bought in ways that the short-sellers believe benefit a group of insiders. Scythian, now called Toronto-based SOL Global Investments Corp., says it is “satisfied 53

December 4, 2018 11:36 AM Bank of Montreal hikes dividend as it reports Q4 net income surge

Bank of Montreal hiked its dividend as it reported a fourth-quarter profit that jumped 38 per cent compared with a year ago and beat analyst estimates. Canada’s fourth-largest bank said Tuesday it will now pay a quarterly dividend of $1 per share, up four cents from its previous payment. The increase in payment to shareholders came as BMO reported its net income 51