07:05 AM EST, 01/31/2025 (MT Newswires) -- Algonquin Power & Utilities ( AQNB ) said Friday it has named Rod West as chief executive officer, starting March 7. Chris Huskilson will continue serving as a board member after stepping down as CEO, the company said. Prior to this appointment, West served as group president of utility operations for Entergy (...

(Reuters) -Refiner Phillips 66 reported a smaller-than-expected loss on Friday as strength in its renewables segment offset a sharp decline in refining margins. The renewables fuels segment reported a quarterly profit of $28 million, compared to a loss of $11 million from a year earlier. The U.S. refining industry saw exceptional profits for two years following supply shortages from Russia's...

07:02 AM EST, 01/31/2025 (MT Newswires) -- The Bank of Canada cut the Overnight rate by 25bps to 3.0% on Wednesday and it also announced that quantitative tightening (QT) would end in early March, noted David Doyle, head of economics at Macquarie. Forward guidance for further rate reductions was dropped. Governor Tiff Macklem stressed that this was due to trade...

Jan 31 (Reuters) - Refiner Phillips 66 reported a smaller-than-expected loss on Friday. On an adjusted basis, the company reported a loss of 15 cents per share in the quarter, compared with the analyst' average estimate of 23 cents loss per share, according to data compiled by LSEG. ...