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Disruption to daily routine impacts Q3 profits, sales for Tim Hortons' parent company

Disruption to daily routine impacts Q3 profits, sales for Tim Hortons' parent company

TORONTO — The pandemic continued eating into profits for Restaurant Brands International Inc. in the third-quarter, as disruption to daily rituals like going to work and taking kids to hockey curbed sales.
Suncor Energy relocating its PetroCanada head office to Calgary from Ontario

Suncor Energy relocating its PetroCanada head office to Calgary from Ontario

CALGARY — Suncor Energy Inc. is moving its PetroCanada head office to Calgary from two offices in Ontario next year, affecting about 700 workers.
MEG Energy CEO deflects takeover speculation as oilsands company reports Q3 loss

MEG Energy CEO deflects takeover speculation as oilsands company reports Q3 loss

CALGARY — It's business as usual for oilsands producer MEG Energy Corp., its CEO says, despite speculation it could be a takeover target in the wake of the $3.8-billion buyout of Husky Energy Inc. announced by Cenovus Energy Inc. on Sunday.
As world goes online in pandemic, another mammoth chip deal

As world goes online in pandemic, another mammoth chip deal

SAN JOSE, Calif. — Advanced Micro Devices is buying Xilinx for $35 billion in an all-stock deal that will combine the two Silicon Valley chip makers and accelerate an already rapid-fire pace of mergers and buyouts in the industry.
BP reports 3Q earnings plunge amid falling demand

BP reports 3Q earnings plunge amid falling demand

LONDON — BP plc says third-quarter earnings plunged 96% as the COVID-19 pandemic reduced energy prices and demand.
Spin Master signs US$50M deal to buy Rubik's Brand Ltd, owner of the Rubik's Cube

Spin Master signs US$50M deal to buy Rubik's Brand Ltd, owner of the Rubik's Cube

TORONTO — Canadian toymaker Spin Master Corp. is taking Rubik's Cube for another spin around the block.
'Chop Suey Nation,' about Chinese restaurants in Canada, wins two major book awards

'Chop Suey Nation,' about Chinese restaurants in Canada, wins two major book awards

TORONTO — A memoir featuring small-town Chinese restaurants and the families who run them in Canada has won two major book awards.
Maple Leaf Foods reports third quarter profit and sales up from year ago

Maple Leaf Foods reports third quarter profit and sales up from year ago

MISSISSAUGA, Ont. — Maple Leaf Foods Inc. reported a third-quarter profit of $66 million, up from $13.4 million in the same quarter last year, as its sales also climbed higher.
Consumer confidence dips to 100.9 as virus spreads in US

Consumer confidence dips to 100.9 as virus spreads in US

SILVER SPRING, Md. — U.S. consumer confidence dipped slightly in October as a new wave of coronavirus cases appeared across the country. The Conference Board reported Tuesday that its consumer confidence index fell to a reading of 100.9, from 101.
September factory orders up 1.9%, economists see risks ahead

September factory orders up 1.9%, economists see risks ahead

WASHINGTON — Orders to U.S. factories for big-ticket manufactured goods rose a stronger-than-expected 1.9% in September with a key category that tracks business investment showing a solid gain as well. The uptick in orders followed a smaller 0.