Oilsands producers pile on debt to survive the crash but eye tentative recovery

Article content continued “We knew that the second quarter would be challenging. Certainly the most challenging in our modern history,” Suncor president and CEO Mark Little said on the company’s second quarter earnings call Thursday. Little and other Suncor executives said the company is not expecting to take on more debt in the second half…

Ontario confirms two new cases of COVID-19, total rises to 20

TORONTO — Ontario has two more confirmed cases of COVID-19, bringing the province’s total including recoveries to 20, with a further 45 people under investigation. Ministry of Health spokesperson Hayley Chazan said the two latest cases have recent travel histories to Iran and Egypt and both have been placed into self-isolation. Their ages and genders…

Ontario university students, Alberta family among Iran plane crash victims

Early Wednesday morning, a passenger jet heading to Ukraine from Iran crashed minutes after taking off in the Iranian capital of Tehran, killing 176 people on board, including 63 Canadians and several people with connections to Canada, according to Ukrainian officials and friends of the victims. Ukrainian International Airlines has released a list of the…

Highway crash in Peru kills 16, including two Germans

FILE PHOTO: Men stand near the wreckages of a passenger bus and a vehicle that collided and rolled over, leaving several victims, in Arequipa, Peru January 6, 2020. REUTERS/Javier Santiago LIMA (Reuters) – At least 16 people, including two Germans, died in a crash in southern Peru on Monday after a bus collided with other…

Pregnant woman seriously hurt in Leicester hit-and-run crash

Image copyrightGoogle Image caption The woman was knocked off her bicycle, close to Park Hill DriveA heavily pregnant woman has been seriously injured after she was struck by a car in a hit-and-run crash. The victim was cycling in Leicester on Monday night when she is thought to have been hit by a white van….

Plane crash kills nine, injures three in South Dakota

Washington (AFP) – A plane crash in the US state of South Dakota killed nine people, including two children, and injured three others on Saturday while a winter storm warning was in place, officials said. The Pilatus PC-12, a single-engine turboprop plane, crashed shortly after take-off approximately a mile from the Chamberlain airport, the Federal…

Costco Website Crash May Have Cost Company Millions In Lost Sales

Deal-hungry holiday shoppers crashed Costco’s website before Black Friday even began, possibly costing the company millions of dollars in lost sales. The trouble began on Thanksgiving when the store advertised one-day-only discounts on televisions, laptops and other items. As brick-and-mortar locations kept their doors closed, customers flocked to the site, prompting technical issues online and…