MEG Energy Corp. ("MEG" or the "Corporation") acknowledges the announcement by Strathcona Resources Ltd. ("Strathcona") that Strathcona intends to make an unsolicited offer to acquire all of the ...

Strathcona Resources Ltd. is making a takeover stock-and-cash offer for oilsands producer MEG Energy Corp. that values the company at about $5.9 billion. The offer comes after Strathcona, which ...

At the interbank foreign exchange, the rupee started strong at 85.28 and moved between 85.28 and 85.70 during the day. It finally closed at 85.53, up just 1 paisa from Thursday’s close.

Shares were mixed Friday in Asia after Wall Street drifted higher as reports suggested the Federal Reserve may have more ...