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Business

On the move

Veteran technology executive Colin How has joined Edoc Systems Group as chief operations officer. How will lead Edoc's operations as the Victoria-based company expands into overseas markets.

Scotiabank shuffles execs

Scotiabank has promoted Brian Porter to president of the bank in a move that at least one analyst believes positions the former head of international banking as next in line for the bank's top job.

Taseko Mines swings to loss

Taseko Mines Ltd. reports it swung to a third-quarter loss as revenues fell 28 per cent and capital spending more than tripled. The Vancouver-based miner reported a quarterly loss of $3.

$2.9-billion deal brings Clavin Klein uner PVH control

PVH Corp., whose brands include Calvin Klein and Tommy Hilfiger, has agreed to buy rival clothier The Warnaco Group Inc. in a cash-and-stock deal worth about $2.9 billion.

Teamsters hike strike pay

Teamsters Canada is increasing strike pay for members by $100 to a maximum of $300 a week, making it the highest strike pay of any Canadian union.

Potash Corp. in talks with Israeli government

Potash Corporation of Saskatchewan confirmed Wednesday that it has held talks with Israeli government officials about increasing its stake in Israel Chemical Ltd. However, the fertilizer giant said no deal has been formulated.
Panasonic's red ink flows fast

Panasonic's red ink flows fast

Panasonic Corp.'s losses ballooned to 698 billion yen ($8.

Canfor reopens Radium mill

Canfor Corp. has reopened its sawmill in Radium Hot Springs after a $38.5-million upgrade. The company says once the mill is operating at full capacity next year it will produce 240 million board feet annually and employ 144 people.

Ballard reports $9-million loss

Fuel cell company Ballard Power Systems is reporting a loss for the third quarter on weak sales and revenue.

Chefs gather for good cause

Greater Victoria's top chefs are ready to dish out dinner for the winner of a draw to support local food sustainability. Cook Culture, at 1317 Blanshard St., is raising money and awareness between Nov. 10 and Dec.