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National Business
National Business
Brookfield Reinsurance to buy U.S. insurer American National for US$5.1 billion
TORONTO — Brookfield Asset Management Reinsurance Partners Ltd. has signed a deal to buy U.S. insurance company American National Group Inc. in an all-cash deal valued at US$5.1 billion.
Aug 9, 2021 8:59 AM
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Brookfield Infrastructure extends Inter Pipeline takeover offer to Aug. 20
CALGARY — Brookfield Infrastructure Partners LP has extended its takeover offer for Inter Pipeline Ltd. to Aug. 20. The company has offered $20 in cash or 0.
Aug 9, 2021 8:27 AM
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South Korea to release Samsung scion on parole
SEOUL, South Korea (AP) — South Korea will release billionaire Samsung scion Lee Jae-yong on parole this week after he spent 18 months in prison for his role in a massive corruption scandal that triggered nationwide protests and led to the ouster of
Aug 9, 2021 6:25 AM
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With coronavirus rising, 'The Suicide Squad' opens softly
NEW YORK (AP) — Moviegoing, once expected to be closer to semi-normal levels by now, continues to be battered by the pandemic, the delta variant of the coronavirus and in-home streaming.
Aug 8, 2021 2:29 PM
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Five things to watch for in the Canadian business world in the coming week
TORONTO — Five things to watch for in the Canadian business world in the coming week: Freshii results: Freshii Inc. will release Q2 results on Tuesday.
Aug 8, 2021 10:00 AM
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Saudi oil giant Aramco sees half-year earnings climb to $47B
DUBAI, United Arab Emirates (AP) — Saudi Arabia's oil-producing company, Aramco, announced Sunday a net income of around $47 billion for the first half of the year, double what it earned in the same period last year when the coronavirus grounded trav
Aug 8, 2021 3:10 AM
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Cineplex unspools subscription-based CineClub to attract movie fans
TORONTO — Cineplex Inc. is hoping that moviegoers who've missed the big screen will join the club.
Aug 7, 2021 6:06 PM
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Senate's key vote advances Biden's $1T infrastructure bill
WASHINGTON (AP) — The Senate moved closer to passing a $1 trillion infrastructure package Saturday after lawmakers from both parties came together and voted to clear a key procedural hurdle.
Aug 7, 2021 1:19 PM
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'Reservation Dogs' smashes stereotypes of Indigenous people
TULSA, Okla.
Aug 7, 2021 12:04 PM
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Power Corp. reports jump in second quarter earnings to $994 million
Power Corp. of Canada says its second quarter earnings came in at $994 million or $1.47 per share, compared with $666 million or 99 cents per share last year. The Montreal-based holding company says adjusted net earnings were $1.02 billion or $1.
Aug 6, 2021 6:52 PM
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