Restaurant Brands reports Q4 profit, narrowly tops expectations

TORONTO - Restaurant Brands International Inc., the company behind Tim Hortons, Burger King and Popeyes restaurants, narrowly topped profit expectations as it reported its fourth-quarter results.

The company, which keeps its books in U.S.

See Full Article



Advertisements

Latest Economic News

  • Disney Plus streaming service to launch in Canada mid-November

    Economic CBC News
    The Walt Disney Company says it will launch its Disney Plus streaming service in Canada in mid-November, taking on Netflix and other services as consumers increasingly drop traditional cable. The California-based entertainment giant says Nov. 12 marks the global launch of the service, starting with the U.S. Source
  • Catalyst buys 18M HBC shares in move to block privatization plan

    Economic CBC News
    A Canadian investment firm says it has obtained more than 18 million shares in Hudson's Bay company, a chunk the investment firm says is big enough to block a plan from the retailer's management team to take it private. Source
  • Ontario Cannabis Store returns $2.9M worth of CannTrust products

    Economic CBC News
    CannTrust Holdings Inc. says the Ontario government's cannabis retailer is returning all of the company's products it has because they do not conform with the terms of its master cannabis supply agreement. The company says the total value of the products is about $2.9 million. Source
  • Ontario cannabis retailer returns $2.9M in CannTrust products to company

    Economic CTV News
    VAUGHAN, Ont. - CannTrust Holdings Inc. says the Ontario government's cannabis retailer is returning all of the company's products it has because they do not conform with the terms of its master cannabis supply agreement. Source
  • Last week's gloom and doom has not seized Canadian economy yet: Don Pittis

    Economic CBC News
    A glance at the business headlines over the past week might have left you thinking the world was on a fast track to economic Armageddon. Markets crashed. There were renewed warnings about the inverted yield curve, which, almost bizarrely, has moved from economic arcana to bar chatter. Source
  • U.S. economists expect recession in 2021: survey

    Economic CTV News
    WASHINGTON -- A number of U.S. business economists appear sufficiently concerned about the risks of some of President Donald Trump's economic policies that they expect a recession in the U.S. by the end of 2021. Source
  • Majority of U.S. economists in survey expect recession by end of 2021

    Economic CTV News
    WASHINGTON -- A strong majority, 74 per cent, of U.S. business economists appear sufficiently concerned about the risks of some of U.S.,President Donald Trump's economic policies that they expect a recession in the U.S. by the end of 2021. Source
  • Judge postpones 2nd corruption trial of Malaysia's former PM

    Economic CTV News
    KUALA LUMPUR, Malaysia -- The second trial of Malaysian's ex-Prime Minister Najib Razak linked to the multibillion-dollar looting of the 1MDB state investment fund was delayed Monday by a week to allow his first trial to end. Source
  • Asian shares rise as investors watch trade war, economies

    Economic CTV News
    TOKYO -- Asian shares were higher Monday, as investors continue to rejigger their read on President Donald Trump's trade war and growing worries about slowing economies around the world. Japan's benchmark Nikkei 225 rose 0.6% in early trading to 20,532.95. Source
  • Global shares rise as investors watch trade war, economies

    Economic CTV News
    TOKYO -- Global shares were higher Monday, as investors continue to rejigger their read on President Donald Trump's trade war and growing worries about slowing economies around the world. France's CAC 40 gained 0.7% in early trading to 5,340.25, while Germany's DAX rose 1.0% to 11,682.97. Source