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RioCan REIT reports $145.3M net income in Q2 as tenants reopen after lockdowns

RioCan REIT reports $145.3M net income in Q2 as tenants reopen after lockdowns

TORONTO — RioCan Real Estate Investment Trust is seeing tenants steadily signing leases now that Canadian businesses are reopening following COVID-19 lockdowns, but office rental activity is rebounding at a slower rate.
Sun Life second-quarter profits increases 73 per cent to $900 million

Sun Life second-quarter profits increases 73 per cent to $900 million

TORONTO — Sun Life Financial Inc.
Canada posts $3.2B trade surplus in June amid surge in exports

Canada posts $3.2B trade surplus in June amid surge in exports

OTTAWA — Statistics Canada says the country posted a merchandise trade surplus of $3.2 billion in June as exports rose and imports fell. The result is a return to surplus after a $1.6 billion deficit in May. Total exports increased 8.
Saputo profits plunge in latest quarter on continued impact from COVID-19

Saputo profits plunge in latest quarter on continued impact from COVID-19

MONTREAL — Saputo Inc. is reporting lower profits in the first quarter of fiscal 2022 despite a 2.9 per cent increase in revenues as it continued to feel the effects of the COVID-19 pandemic.
BCE profits surge in second quarter as revenues rebound from COVID-19

BCE profits surge in second quarter as revenues rebound from COVID-19

TORONTO — BCE Inc. reported a surge in second quarter profit Thursday and as it added new customers and saw improved results in segments affected by COVID-19.
Iran swears in new hard-line president amid regional tension

Iran swears in new hard-line president amid regional tension

TEHRAN, Iran (AP) — The protégé of Iran’s supreme leader, Ebrahim Raisi, was sworn in as the country's new president during a ceremony in parliament on Thursday, an inauguration that completes hard-liners’ dominance of all branches of government in t
Qatar Airways grounds 13 Airbus A350s as fuselage degrading

Qatar Airways grounds 13 Airbus A350s as fuselage degrading

DUBAI, United Arab Emirates (AP) — Qatar Airways says it has grounded 13 Airbus A350s over degradation of the plane's fuselage. Qatar Airways made the announcement on Thursday, further escalating a monthslong dispute with the European airplane maker.
Manulife beats expectations as second-quarter profit surges to $2.6 billion

Manulife beats expectations as second-quarter profit surges to $2.6 billion

TORONTO — Manulife Financial Corp. beat expectations as its net profit surged in the second quarter to $2.6 billion on continued growth in Asia and strong contributions from wealth and asset management.
Maple Leaf Foods plots recovery in second half of 2021 after a plunge in Q2 profit

Maple Leaf Foods plots recovery in second half of 2021 after a plunge in Q2 profit

MISSISSAUGA, Ont. — Maple Leaf Foods. Inc. says it expects its meat protein business margins and plant-based foods revenue growth to make a full recovery in the second half of 2021 as it reported a plunge in its second quarter net profit.
Israel launches airstrikes on Lebanon in response to rockets

Israel launches airstrikes on Lebanon in response to rockets

TEL AVIV, Israel (AP) — Israel on Thursday escalated its response to rocket attacks the previous day from Lebanon by launching rare airstrikes on its northern neighbor, the army and Lebanese officials said.
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