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Barrick Q1 profit down, performance component boosts quarterly dividend to 20 cents

Barrick Q1 profit down, performance component boosts quarterly dividend to 20 cents

TORONTO — Barrick Gold Corp. reported a first-quarter profit of US$438 million, down from US$538 million in the same quarter last year.
EU takes major step toward Russian oil ban, new sanctions

EU takes major step toward Russian oil ban, new sanctions

BRUSSELS (AP) — The European Union's top official on Wednesday called on the 27-nation bloc to ban oil imports from Russia and target the country’s biggest bank and major broadcasters in a sixth package of sanctions over the war in Ukraine .
Russia storms Mariupol plant as some evacuees reach safety

Russia storms Mariupol plant as some evacuees reach safety

ZAPORIZHZHIA, Ukraine (AP) — Russian forces Tuesday began storming the steel mill containing the last pocket of resistance in Mariupol, Ukrainian defenders said, just as scores of civilians evacuated from the bombed-out plant reached relative safety
Lion Electric swings to US$2.1M profit in Q1 as sales surge with vehicle deliveries

Lion Electric swings to US$2.1M profit in Q1 as sales surge with vehicle deliveries

MONTREAL — The Lion Electric Co. says it swung to a profit last quarter as sales nearly quadrupled on a large increase in vehicle deliveries. The Montreal-based manufacturer of all-electric medium and heavy-duty urban vehicles says it earned US$2.
CBS declares television season victory with weeks to go

CBS declares television season victory with weeks to go

NEW YORK (AP) — The traditional broadcast television season doesn't end until later this month, but that hasn't stopped CBS from declaring victory.
Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (20,905.28, up 213.06 points.) Suncor Energy Inc. (TSX:SU). Energy. Up $1.11, or 2.4 per cent, to $47.53 on 10.3 million shares.
Man convicted in $60M film finance fraud scheme

Man convicted in $60M film finance fraud scheme

FORT LAUDERDALE, Fla.
S&P/TSX composite index lifted by broad rally led by energy, materials sectors

S&P/TSX composite index lifted by broad rally led by energy, materials sectors

TORONTO — A broad rally pushed Canada's main stock index up more than 200 points as the energy and materials sectors gained on strong quarterly reports from key players. Energy increased 3.
Jon Yaged to succeed Don Weisberg as Macmillan CEO

Jon Yaged to succeed Don Weisberg as Macmillan CEO

NEW YORK (AP) — The CEO of Macmillan Publishers, Don Weisberg, will step down at the end of the year. Jon Yaged, currently the company's president, will succeed him.
Nutrien earns US$1.4B, hikes guidance as Ukraine war drives fertilizer demand

Nutrien earns US$1.4B, hikes guidance as Ukraine war drives fertilizer demand

Nutrien Ltd. has significantly hiked its earnings forecast for the year after announcing a record first quarter profit driven by surging commodity prices and concerns about global food security due to Russia's invasion of Ukraine.