Monday, June 6, 2022

Financial Post

Financial Post


Exxon says it has safely contained fire at Fawley refinery unit

Posted: 06 Jun 2022 07:20 AM PDT

LONDON -- Exxon Mobil Corp has safely contained a fire at one of the units at its 270,000 barrel-per-day Fawley oil refinery in Britain, the oil major said in a statement on Tuesday. Read More

Oil tops $120 a barrel on Saudi pricing despite OPEC+ deal

Posted: 06 Jun 2022 07:19 AM PDT

LONDON -- Oil prices topped $120 a barrel in choppy trade on Monday buoyed by Saudi Arabia raising its July crude prices but amid doubts that a higher output target for OPEC+ oil producers would ease tight supply. Read More

Amarin to slash jobs as generic rivals dull U.S. prospects of heart drug

Posted: 06 Jun 2022 07:15 AM PDT

Amarin Corp Plc said on Monday it would cut its workforce by 40%, as the drugmaker's fish-oil derived heart drug faces stiff competition from generic rivals in the United States. Read More

Excellence Canada announces the recipients of the 2022 Canadian Business Excellence Award for Private Businesses

Posted: 06 Jun 2022 07:14 AM PDT

TORONTO, June 06, 2022 (GLOBE NEWSWIRE) -- Excellence Canada is pleased to announce that, at the sixth annual Canadian Business Excellence Awards for Private Businesses, 22 Canadian organizations will be receiving the Canadian Businesses Excellence Award for clearly demonstrating a strategic approach to successfully improving business performance and achieving goals, with a focus on the following three key performance areas: Delighted Customers; Engaged Employees; and Innovation. Read More

Texas power use to hit record as temperatures soar

Posted: 06 Jun 2022 07:10 AM PDT

Power demand in Texas is set to break the all-time record this week, far ahead of the hottest days of summer, testing the resilience of the power grid after generation issues earlier this year and days-long blackout during a deep freeze last year. Read More

Toronto index gains on energy, tech boost

Posted: 06 Jun 2022 07:08 AM PDT

Canada's main stock index rose on Monday as energy stocks rallied on the back of strength in oil prices, with investor sentiment getting a boost globally from signs of a let-up in China's crackdown on its technology sector. Read More

Rishi Sunak Concerned That Support Package May Drive Up Inflation

Posted: 06 Jun 2022 07:08 AM PDT

(Bloomberg) -- Rishi Sunak has revealed he harbored concerns over the inflationary impact of extra spending as he put together his £15 billion ($19 billion) support package to help poorer households with the cost of living crisis. Read More

Canadian dollar notches 7-week high as equity markets bounce

Posted: 06 Jun 2022 07:07 AM PDT

TORONTO -- The Canadian dollar strengthened Read More

Trento, Data Confirmed the Success of the Festival

Posted: 06 Jun 2022 07:04 AM PDT

Hain Celestial Announces Partnership With How2Recycle

Posted: 06 Jun 2022 07:04 AM PDT

New Standardized Labeling Program for North America Business Read More

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