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Saudi oil giant Aramco announces first-quarter profits of $26 billion, down 4.6% from a year earlier

Saudi oil giant Aramco announces first-quarter profits of $26 billion, down 4.6% from a year earlier

DUBAI, United Arab Emirates (AP) — Saudi Arabia’s state-owned oil giant Aramco posted first-quarter profits of $26 billion on Sunday, down 4.
'Take it to the next level': Oil and gas industry players embracing AI and other tech

'Take it to the next level': Oil and gas industry players embracing AI and other tech

CALGARY — Haul trucks, shovels, pumps and pipes are common sights at Imperial Oil's vast oilsands operations in northeastern Alberta, but so too are robots and drones, with generative artificial intelligence a newer addition to the technological mix.
Herschel Segal, founder of Canadian brands Le Château and DavidsTea, has died

Herschel Segal, founder of Canadian brands Le Château and DavidsTea, has died

MONTREAL — Specialty tea provider DavidsTea Inc. says co-founder Herschel Segal, who also launched the Canadian fashion retailer Le Château, has died.
Canadians could stay visa-free longer in U.S. under proposed bill

Canadians could stay visa-free longer in U.S. under proposed bill

Canadian snowbirds could stay longer in the United States without a visa if a bill recently proposed in the U.S. House of Representatives becomes law. The bipartisan bill put forward by Reps.
Google will pay Texas $1.4B to settle claims the company collected users' data without permission

Google will pay Texas $1.4B to settle claims the company collected users' data without permission

Google will pay $1.4 billion to Texas to settle claims the company collected users' data without permission, the state’s attorney general announced Friday.
Appeal denied for Calgary man convicted in multimillion-dollar Ponzi scheme

Appeal denied for Calgary man convicted in multimillion-dollar Ponzi scheme

CALGARY — An Alberta court has denied the appeal of a Calgary man convicted three years ago of a Ponzi scheme that saw his clients bilked out of millions of dollars.
Telecom and energy sectors help lift S&P/TSX composite, U.S. markets mixed

Telecom and energy sectors help lift S&P/TSX composite, U.S. markets mixed

TORONTO — The trading week wound to a close with the Canadian market on an upbeat but cautious swing.
White House downplays North American auto industry's concerns about U.K. trade deal

White House downplays North American auto industry's concerns about U.K. trade deal

WASHINGTON — The White House on Friday downplayed the North American automobile industry's claim that U.S. President Donald Trump's new trade deal with the United Kingdom could make the sector less competitive.
Hudson's Bay garnered 17 bids in process to find new owner for retailer, assets: docs

Hudson's Bay garnered 17 bids in process to find new owner for retailer, assets: docs

TORONTO — A new court filing shows a process meant to find a new owner for Hudson's Bay and its assets has yielded 17 bids.
Telus CEO decries 'race to the bottom' through price matching with competitors

Telus CEO decries 'race to the bottom' through price matching with competitors

The chief executive of Telus Corp. says there's more the company can do to attract new customers without necessarily having to lower prices to match its competitors.
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