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January 20, 2018 7:15 PM Gunmen attack Kabul's Intercontinental Hotel

U.S. embassy in Kabul issued a warning Thursday that extremist groups may be planning attacks against hotels A group of as many as four gunmen attacked the Intercontinental Hotel in the Afghan capital Kabul and were exchanging fire with security forces on Saturday as residents and staff fled. Hotel manager Ahmad Haris Nayab, who managed to escape unhurt 5

January 18, 2018 7:11 PM BMO financing deal with Canopy Growth marks policy shift for Canadian banks

Canopy Growth, Canada's largest licensed pot producer, announced the $175-million deal with BMO and GMP Securities on Wednesday. The Bank of Montreal’s participation in a major financing deal for licensed cannabis producer Canopy Growth marks a big policy shift for Canada’s biggest banks, which may be warming up to the cannabis sector. Canopy, Canada’s 9

January 17, 2018 9:20 PM Home Capital vows to defend itself against short seller's lawsuit

Short seller claims misrepresentations in company's financial reporting cost him millions Home Capital Group days it vows to defend itself against misrepresentation claims in a $4-million lawsuit filed by a short seller against the alternative lender and three of its former executives. The company issued a response after California-based short seller 18

January 15, 2018 1:36 PM U.K. construction company Carillion’s collapse puts 43,000 jobs worldwide at risk

Carillion Plc filed for compulsory liquidation after failing in a last-ditch effort to shore up finances and get a government bailout. Carillion Plc, a U.K. construction company with government contracts in everything from hospitals to the HS2 high-speed rail project, filed for compulsory liquidation after failing in a last-ditch effort to shore up finances 12

January 10, 2018 5:12 PM Kodak shares surge as it becomes latest cryptocurrency convert

Kodak is partnering with WENN Digital to launch blockchain technology KodakOne and KodakCoin. NEW YORK—Kodak, which traces its roots to the early days of film-based photography, is getting into the digital licensing and cryptocurrency market as part of a partnership with WENN Digital. The companies are launching blockchain technology with KodakOne and KodakCoin 13

January 3, 2018 7:29 PM CanniMed says hostile takeover bid by Aurora is dragging down share price

SASKATOON—CanniMed Therapeutics Inc. is urging its shareholders to reject a hostile takeover bid by competitor Aurora Cannabis Inc., admonishing the value of the proposed deal and its effect on its share price. In a letter to shareholders released Wednesday, the Saskatoon-based medical marijuana producer said its shares are trading above Aurora’s offer 13

January 2, 2018 6:42 PM Nutrien shares begin trading after Agrium, PotashCorp. merger

SASKATOON—Shares of Nutrien Ltd., the company created by the merger of Agrium Inc. and Potash Corp. of Saskatchewan Inc., started trading on the Toronto and New York Stock Exchanges today. The merger saw shareholders receive 0.40 Nutrien shares for each common share of PotashCorp they owned and 2.23 Nutrien shares for each Agrium share they owned 12

December 28, 2017 7:23 PM Sobey families consolidate Empire voting shares into single holding company

STELLARTON, N.S.—The three branches of the Sobey family that control Canada’s second-largest grocery business have decided to put all of their Class B shares of Empire Co. Ltd. into a single holding company. The president of the new holding company, Stewart Mahoney, says the three families believe the new governance structure will be a better way to administer 17

December 12, 2017 7:45 PM Hydropothecary cannabis expansion plans to put it among top producers in Canada

Shares of Hydropothecary Corp. rose more than 18 per cent after the licensed medical cannabis producer announced ambitious plans that will see it further grow its operations in Quebec at a rapid pace. The company (TSXV:THCX) said Tuesday it has acquired property adjacent to its existing facility in Gatineau, Que., to construct a new 93,000-square-metre 25

December 11, 2017 3:59 PM CanniMed seeks regulatory action against Aurora's hostile takeover bid

CanniMed seeking order that Aurora's hostile offer be considered an 'insider bid' CanniMed Therapeutics says it is seeking regulatory action in both Saskatchewan and Ontario in its latest push back against Aurora Cannabis' hostile takeover bid. The Saskatoon-based medical marijuana producer says it has applied to securities regulators in both provinces 18