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Cenovus Energy Inc. (CVE, CVE.TO) said Monday that it has safely evacuated all staff from its Foster Creek oil sands and Athabasca natural gas operations and shut down production as a precaution due to a forest fire on the Cold Lake Air Weapons Range or CLAWR in northeastern Alberta. The forest fire...

Tuniu Corp. (TOUR), an online leisure travel company in China, Monday reported first-quarter net loss attributable to ordinary shareholders of RMB233.1 million, wider than RMB62.7 million, a year ago. Loss per ADS narrowed to RMB3.71 from RMB7.24 per ADS in the comparable quarter last year. Excluding...

Suntory Beverage & Food Limited (STBFY.PK) said that it will buy Japan Tobacco Inc.'s beverage vending machine businesses for about 150 billion yen or $1.2 billion. Suntory Beverage & Food agreed to acquire certain shares held by Japan Tobacco in certain companies including Japan Beverage Holdings...

Metso Corp. (MXCYY.PK, MXTOF.PK) Monday said has agreed with Stora Enso Oyj (SEO, SEOAY.PK), a provider of renewable solutions in packaging, biomaterials, wood and paper, to supply altogether hundreds of valves for Stora Enso's conversion of the Varkaus Mill fine paper machine in Finland to light-weight...

Nexity SA, a French residential and commercial real estate developer, announced Monday the sale by CE Holding Promotion (Groupe BPCE) of 12.2 percent of Nexity's share capital to two institutional investors and New Port SAS. Groupe BPCE has sold 5.5 million shares representing 10.2 percent of Nexity's...

Husqvarna Group (HSQVY.PK), a producer of outdoor power products, Monday announced that it has appointed Henric Andersson as President Construction Division and Brian Belanger as General Counsel and Senior Vice President Legal Affairs. They replace Anders Ströby and Olle Wallén, respectively, who...

NeuroVive Pharmaceutical AB (NEVPF.PK), the mitochondrial medicine company, said it expects to announce the topline result of the phase III CIRCUS study of CicloMulsion in patients with a specific type of heart attack known as ST-segment elevation acute myocardial infarction or STEMI this quarter due...

Biotie Therapies (BORPF.PK) said Monday that it has reached agreement with the U.S. Food and Drug Administration or FDA on a Special Protocol Assessment or SPA for the Phase 3 study of tozadenant in Parkinson's disease or PD. The company noted that the Phase 3 study or TOZ-PD will evaluate efficacy...

Ericsson (ERIC) announced that nomination committee for the annual general meeting 2016 has been appointed in accordance with the Instruction for the Nomination Committee resolved by the Annual General Meeting 2012. The nomination committee consists of Petra Hedengran, Bengt Kjell, Johan Held, Marianne...

Citing a company spokesman, the Wall Street Journal has reported that Amazon.com Inc. (AMZN) has commenced booking revenue from retail sales in individual European countries, instead of funneling all sales through low-tax Luxembourg. The report specified that the online retailer's change of tax practices,...

Canadian gold producer Barrick Gold Corp (ABX, ABX.TO) on Sunday said it has agreed to sell its Cowal mine in New South Wales, Australia to Evolution Mining for US$550 million in cash on closing. Barrick said proceeds from the sale of Cowal will be used to pay down debt, and that the divestment of...

In this week's address, the U.S. President commemorated Memorial Day by paying tribute to the men and women in uniform who have given their lives in service to our country. The President will spend the first Memorial Day since the end of the war in Afghanistan at Arlington Cemetery, remembering the...

Federal prosecutors are closing in on criminal charges against General Motors Co. (GM) over a faulty ignition switch linked to more than 100 deaths, but they are still weighing whether to charge individual employees, the Wall Street Journal reported citing people familiar with the matter. The report...

BlackBerry Limited (BBRY, BB.TO) said that it will cut jobs around the world as it decides to consolidate its device software, hardware and applications business. However, the company did not specify how many employees will be affected. The move is part of the company's goal of boosting sales of higher...

Qualcomm Technologies Inc., a subsidiary of Qualcomm Inc. (QCOM), and German luxury car giant Daimler AG (DDAIF.PK) announced a strategic collaboration focused on pioneering innovation in the connected car. In the first phase of the collaboration, the companies will focus on transforming future vehicles...

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