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Whitecap Resources Inc., weeks away from closing a $15-billion combination with fellow western Canadian oil and gas producer Veren Inc., has reported a jump in first-quarter profits, revenues and production.
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Dow Inc. said it’s delaying construction at a major chemicals project in Canada until market conditions improve, cutting the U.S. company’s capital spending plan for the year by US$1 billion.
China on Thursday denied any suggestion that it was in active negotiations with the administration of U.S. President Donald Trump over tariffs, saying that any notion of progress in the matter was as groundless as 'trying to catch the wind.'
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