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EU trade deal has Canada’s food exporters salivating

  AFP Canadian food exporters at a major trade fair in Paris fear a last minute dispute will spoil a free trade deal between Canada and the European Union. Having taken years to negotiate, some producers voiced impatience for the deal to now be finally sealed; others simply fail to see why anyone would reject it. Barring a few sensitive ...

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Shale drillers going ‘long’ in the oil patch

  Bloomberg Long is the new deep. Just ask SM Energy Co., which on Tuesday spent $1.6 billion to expand its acreage in America’s most prodigious oil patch, the Permian Basin. The unique geologic makeup of the Permian, consisting of multiple layers of oil- and gas-trapping shale that span hundreds of miles, is well suited for a technique that’s allowing ...

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Abbott posts surprise net loss

  Bloomberg Abbott Laboratories posted a surprise third-quarter net loss after the value of its stake in EpiPen maker Mylan NV slumped as the stock dropped in recent months. Abbott became Mylan’s biggest shareholder last year after selling its generic drugs unit in Europe and developed markets to the drugmaker, and still holds a 13 percent stake. As Mylan became ...

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