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Procurement
OpenText to buy cloud focused Carbonite for US$1.42 billion
WATERLOO, Ont.—OpenText Corp. says it has reached an agreement to buy cloud-computing company Carbonite Inc in a US$1.42 billion…
HP says it has received a ‘proposal’ from Xerox
NEW YORK—Computer and printer maker HP Inc. said Wednesday it had received a "proposal'' from copier maker Xerox and has had…
Supply company accused of diluting spices sold to prisons
COLUMBIA, SC—A Pennsylvania-based company diluted spices sold to prisons across the country, federal prosecutors in South Carolina…
Ontario fiscal update to focus on return to budget balance: Calandra
TORONTO—Ontario's Progressive Conservative government says its fall economic statement will focus on efforts to balance the books.…
Encana HQ move to US part of oilpatch ‘tragedy’: Cenovus CEO
CALGARY—A decision by Encana Corp. to move its corporate headquarters to the US to gain access to needed investment is part of an…
Bombardier sells aerostructures business to Spirit AeroSystems
MONTREAL—Bombardier Inc. has signed a deal to sell its aerostructures business to Spirit AeroSystems Holding Inc.
Under the…
Statistics Canada reports economy grew 0.1 per cent in August
OTTAWA—Statistics Canada says real gross domestic product grew 0.1 per cent in August, following no change in July.
Economists…
Winter Wheels
From the October 2019 print edition
Colourful leaves, pumpkins on porches and frosty temperatures can only mean that winter is…
China promises no forced tech transfers, access to finance
BEIJING—China on Tuesday promised more improvements in conditions for foreign companies including an end to officials pressing…
Microsoft lands $10 billion ‘war cloud’ deal from Pentagon
SAN FRANCISCO—The Pentagon awarded Microsoft a $10 billion cloud computing contract, snubbing early front-runner Amazon, whose…