Corporate governance - Vigil

Projected toxic debt approaches subprime-mortgage losses incurred by lenders during financial crisis

U.K. drugmaker hopes to have the two-dose shot available for use around year-end, pending regulatory approval

Bitcoin rose to a three-year high of $18,600 on Friday, up 4.5% on the day and close to its all-time high of just under $20,000.

Fiat Chrysler’s merger with Peugeot maker PSA will include a loyalty scheme to reward long-term investors and help prevent future takeover attempts, the prospectus for the planned tie-up shows.

Landlords are facing a tricky situation with their Hudson’s Bay Co. leases, as the fallout of any eviction of the retailer over unpaid rent could have a ripple effect on the rest of the mall and exacerbate already tough retail conditions from the pandemic.

The province says the current orders under the Reopening Ontario Act will remain in force until Dec. 21.

Walmart Inc, Best Buy Co Inc and hundreds of smaller retailers are bolstering their online gift features, hoping to challenge Amazon.com Inc's dominance as a seller of holiday gifts to homebound shoppers.

Critics claim it will be dominated by China; but that is only part of the story

Thursday’s amendment focuses on the management discussion and analysis section of companies’ financial statements, among other disclosures. With the changes, companies no longer have to provide the previous five years of selected annual financial data to the SEC.

The chief executive officer of Alberta’s $119-billion, government-owned fund manager is departing in the wake of a $2.1-billion loss this year that was traced to flaws in the Crown corporation’s risk management and corporate culture.

The U.K. and Canada are on the brink of signing a new trade agreement to replace the existing deal Britain has through European Union membership.

Shareholders of Norbord, the world’s largest producer of oriented-strand board (OSB), will receive 0.675 of a West Fraser share for each share held, or $49.35 per share based on West Fraser’s closing price on Nov. 18.

After scrambling to hoard cash in the spring, some large U.S. companies that halted their dividend payments are reversing their decision, a sign that their leaders believe the worst of the crisis is behind them.

The $425 million acquisition comes during the most important vaccine and treatment chase in modern history

Pfizer Inc. said it plans to ask U.S. health regulators on Friday to permit use of its Covid-19 vaccine, a milepost in months of frantic efforts to find a medicine that could beat back a rampaging pandemic.

The company will pay $121.5-million in cash plus up to an additional $4-million subject to certain conditions that need to be met.

On Friday morning, Cineplex Inc., the country’s largest exhibitor with 1,687 screens, and Universal Filmed Entertainment Group, one of Hollywood’s biggest studios, announced a multiyear deal for a “new dynamic window agreement” to help both companies navigate the industry-shaking effects of the COVID-19 pandemic.

The exact value of Shopify’s stake won’t be clear until Affirm completes the IPO and lists its shares on the Nasdaq exchange. However, Affirm’s prospectus states Shopify will own 5 per cent or more of the company, a holding that could be worth up to US$500-million.

Airbnb CEO Brian Chesky resisted calls from his investors for years to follow the lead of other Silicon Valley unicorns and take the home rental startup public, as he pursued his dream of turning it into a one-stop shop for leisure and travel. He is now pressing ahead with a stock market debut just as the COVID-19 pandemic hits its peak.

On November 19th the Senate began debating a bill that would make Mexico the third country in the world, after Uruguay and Canada, to legalise cannabis for recreational use nationwide.

Videogame company Roblox Corp. has filed to go public at a time when the pandemic has supercharged demand for online gaming.

Exactly one year ago, Charles Brindamour made a call that was bold and prescient: Consolidation in Canada’s sleepy – yet lucrative – property and casualty insurance sector was coming.

The legislation fulfils a promise in the 2019 election to be more aggressive at cutting greenhouse gas emissions by 2030, and get Canada to net-zero emissions by 2050.

Verafin, founded in 2003 and based in St. John’s, Newfoundland, provides more than 2,000 financial institutions in North America a cloud-based platform to help detect, investigate, and report money laundering and financial fraud.