Tags: Canada

Thai Union Frozen to buy North American tuna firm Bumble Bee for $1.5 billion

Thai Union Frozen Products PCL (TUF.BK), the world's largest canned tuna producer, said on Friday it has signed an agreement to acquire 100 percent of North American tuna company Bumble Bee Foods for $1.51 billion from a private equity firm.


Ford expands Takata driver-side air bag recall in U.S.

Ford Motor Co on Thursday expanded the recall of older-model Mustang cars that have driver-side Takata air bags with inflators, to include about 502,500 vehicles.

In Canada's oil sands, a boomtown starts feeling the chill

The boomtown in the heart of Canada's oil sands region is getting nervous. Fort McMurray, surrounded by the boreal forest of northern Canada, has long drawn thousands with jobs that paid six-figure salaries to a region that produces more crude than anywhere else in the Western Hemisphere.

Canada Black Friday, Cyber Monday weekend spending up

Deals on clothing and cameras helped spur Canadian shoppers to spend more during the most recent Black Friday and Cyber Monday weekend than they did in 2013, according to a report by Canada's largest payments processor.


Latest News

The average price of a gallon of gasoline in the United States has dropped one dollar since early May, the lowest price in more than four years, according to the Lundberg survey released Sunday.
General Motors Co (GM.N) disclosed on Friday that it recalled more than 2,400 of its new mid-sized pickup trucks in the United States and Canada to fix a previously announced air bag issue.
Bebe Stores Inc said it detected a hacking attack on its payment processing system that could have compromised data from cards swiped in its stores in the United States, Puerto Rico and U.S. Virgin Islands.
Canadian buyout firm Onex Corp (OCX.TO) is in talks to buy a UK safety and survival equipment maker from Warburg Pincus LLC [WP.UL] for about 450 million pounds ($704 million), Bloomberg reported, citing three people with knowledge of the discussions.
Intel Corp said on Monday it has acquired PasswordBox, a Montreal-based identity management service that gives users a convenient way to log into websites and applications from any device without having to type or remember passwords.
Technology startups in Canada are seeking to lure back expatriates from Silicon Valley with the promise of executive roles, generous stakes and the chance to stamp their mark on a nascent industry.
Germany has approved Canadian smartphone maker Blackberry's (BB.TO) planned acquisition of Secusmart, the encryption technology of which is used to protect the mobile devices of top politicians including Chancellor Angela Merkel.
German utility E.ON (EONGn.DE) agreed to sell an 80 percent stake in two wind farms in the United States to Canada's Enbridge (ENB.TO), as the group continues to rake in much-needed cash by building and selling pricey renewable assets.
The Canadian government will decide before Dec. 25 on whether to approve the takeover by U.S.-based Burger King Worldwide Inc (BKW.N) of Canada's iconic coffee-and-donut Tim Hortons Inc (THI.TO), Industry Minister James Moore said on Friday.
Canadian mobile instant messaging company Kik Interactive Inc said on Wednesday it had raised C$38.3 million and acquired video messaging company Relay as it aims to turn its youth-focused application into a broader platform for commerce.
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