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Donald Trump has said he would think about a freeze on oil purchases from Saudi Arabia unless it committed to fighting ISIL in Syria. The Republican frontrunner said the U.S. had suffered “tremendous monetary hits” in its combat the Islamic State of Iraq and the Levant (ISIL), which was time for the Saudi kingdom to create a contribution. In the ...

Commodities including oil and copper are in chance of steep declines as recent advances aren’t fully grounded in improved fundamentals, according to Barclays Plc, which warned that prices may tumble as investors rush for the exits. Canada’s recovery in danger of ‘twilight zone’ of low oil and rising loonie Canada’s economy risks getting caught in a bind where oil costs ...

As Robert Giustra sees it, the management team at Eastmain Resources Inc. is so entrenched there wasn’t any reason to even attempt a friendly method of the organization. “The overwhelming consensus was that many others have tried and been averted, there was no point,” the chairman and leader of Columbus Gold Corp. said in an interview. Columbus launched a proxy ...

Andrew Caspersen, the banker accused of stealing $25 million, appeared to get it all, at least in writing. Scion of a family that built and sold a finance company for billions, Caspersen went from Princeton University to Harvard School, where students can read rare books in the Caspersen Room or study within the Caspersen Student Center. Until Monday, he was ...

TORONTO – So long as Sears Canada has viable property to sell – and management is able to keep shaving costs – the struggling retailer will likely stay alive despite posting many years of declining sales and substantial operating losses. That’s the view of the new report from Desjardins Securities, which notes the department store’s management is not in a ...

CALGARY — Cequence Energy Ltd. has abruptly replaced its leader and dismissed two of its vice-presidents included in a strategic alternation in direction and cost-cutting efforts because of low natural gas prices. The company has promoted Todd Brown as CEO, replacing Paul Wanklyn immediately. Brown continues to be the company’s chief operating officer since August 2014 and Wanklyn has been ...

Norfolk Southern Corp. says it might be prepared to sit down with Canadian Pacific Railway Ltd. to go over its takeover proposal, but only if it were “to meaningfully increase the consideration it’s offering.” In the meantime, the Virginia-based railway is urging its shareholders to vote against CP’s attempt to pressure its board into entering “good faith discussions” about the ...

The reaction was straightforward: why not here and why there. We are talking about the current presentation by Israel-based Trendlines Group to some number of clients from the Horwood Team, which is a part of Richardson GMP. In 2014 that company C a seed-stage incubator that concentrates on medical and agricultural technology C tried to go public in Canada, but ...