Suncor speeds digital transformation with Microsoft alliance

The miner's negotiations with one of its major shareholders has turned ugly.

Husky Energy told analysts on Wednesday that the company had sold one million barrels of crude from its White Rose operation to an Indian refinery.

Other than the tax credit deferment, Canada's new budget doesn't include any significant changes for the country’s mining and metals industry.

The fertilizer producer has reported a 79% drop in profit in the last quarter of 2013

'Sharper capital allocation must drive our decisions,' CEO Gary Halverson said.

The company jumped nearly 18% to trade at 43 cents per share on the Toronto exchange on Tuesday.

Total investment in the sector tumbled to $3.25 billion from $5.13 billion in 2012.

The $540 million hostile bid is open until March 19.

Space Agency in search of potential business partners as US government denies further funding.