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Vermilion loses $71.3 million in second quarter on 55 per drop in revenues

Vermilion loses $71.3 million in second quarter on 55 per drop in revenues

CALGARY — Lower prices for oil and gas around the world translated into a second quarter net loss on 55 per cent lower revenue for Canadian and international producer Vermilion Energy Inc. The Calgary-based company reported Monday a net loss of $71.
As Congress fights, analysts warn economy needs help now

As Congress fights, analysts warn economy needs help now

WASHINGTON — As Congress and the White House resume their efforts to agree on a new economic aid package, evidence is growing that the U.S. economy is faltering.
Swimco to cut five stores, downsize HQ under Bankruptcy Act creditor proposal

Swimco to cut five stores, downsize HQ under Bankruptcy Act creditor proposal

CALGARY — Canadian swimwear brand Swimco Group is seeking creditor protection, citing impacts from the COVID-19 pandemic.
Google extending ability for employees to work from home until at least next July

Google extending ability for employees to work from home until at least next July

TORONTO — Google says it is extending the ability for most of its 1,500 Canadian employees to work from home until at least next July.
Development of LNG industry could create almost 100,000 jobs, says report

Development of LNG industry could create almost 100,000 jobs, says report

CALGARY — A report funded by the Canadian liquefied natural gas industry estimates that creating a 56-million-tonnes-per-year LNG industry in B.C. would result in nearly 100,000 jobs.
SNC-Lavalin selling South African resources business to local management

SNC-Lavalin selling South African resources business to local management

MONTREAL — SNC-Lavalin is selling its South African resources business as part of its corporate restructuring.
Suncor Energy facing environmental charges

Suncor Energy facing environmental charges

EDMONTON — Suncor Energy Inc. is facing seven environmental charges for an incident alleged to have occurred two years ago at its refinery in Stratchona county, Alberta.
5G phones and networks are here, but the features and effects are unclear

5G phones and networks are here, but the features and effects are unclear

TORONTO — Amid much fanfare, Canada's Big 3 telecom companies introduced fifth-generation networks in major cities earlier this year and a few smartphones with 5G capabilities are now available for sale.
Malaysia to expel Bangladeshi in critical Al-Jazeera report

Malaysia to expel Bangladeshi in critical Al-Jazeera report

KUALA LUMPUR, Malaysia — Malaysian authorities said Saturday they detained a Bangladeshi man and will deport him for criticizing the government over its treatment of undocumented immigrants in a documentary by news broadcaster Al-Jazeera.
Most actively traded companies on the TSX

Most actively traded companies on the TSX

TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (16,018.65, down 21.59) Bombardier Inc. (TSX:BBD.B). Industrials. Down 2.5 cents, or 5.49 per cent, to $0.43 on 11.31 million shares.