CALGARY - Ultramar Ltd.'s refinery near Quebec City should avoid the same fate as another plant run by its U.S. parent, a petroleum consultant said Monday.
MONTREAL - Cliffs Natural Resources Inc. (NYSE:CLF) said Monday it has agreed to take over Freewest Resources Canada Inc. (TSXV:FWR), positioning it as a major producer of ferrochrome, an essential ingredient in the production of stainless steel.
TORONTO - HydraLogic Systems Inc. (TSXV:HLS) says it has signed a letter of intent with an international investment group to sell substantially all of the Toronto company's assets.
BRUSSELS (AFP) - European governments pulled back on Monday from a subsidy war feared by EU commission officials as US auto maker General Motors prepares severe job cuts in Europe.
CHICAGO (Reuters) - When the U.S. holiday shopping season kicks off on the day after Thanksgiving, retailers can expect to see millions of less frightened, but even more bargain-hungry customers cross their thresholds.