Canadian National

Showing 854 articles
Business

CN's Robinson Casts Doubt on UP-NS Merger Viability, Demands 'Significant' Concessions

Canadian National CEO Tracy Robinson has delivered a stark assessment of the proposed Union Pacific-Norfolk Southern merger, stating the railroads have "a long way to go" to satisfy regulatory concerns. In CN's earnings call, she criticized the application for failing to address competitive harms and warned of impacts on shippers, setting the stage for a contentious review process.

Business

Equinor Sharpens Upstream Strategy, Exits Argentina's Vaca Muerta Shale

Norwegian energy giant Equinor has agreed to sell its onshore assets in Argentina's Vaca Muerta shale play to Vista Energy, marking a strategic retreat from the region while maintaining its offshore exploration interests. The move underscores the company's ongoing portfolio realignment towards core offshore and international projects.