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A Burnaby-based life sciences firm has signed a major research collaboration agreement with Merck potentially worth US$289 million.

CHC Helicopter Corp.'s new CEO is bringing a background in computers and technology to take on helicopter services for the global oil and gas industry as head of one of B.C. largest private companies.

Vancouver-headquartered Eastern Platinum Ltd. (TSX:ELR) reported a 47% increase in second quarter revenue, turning a sizeable profit for the period ending June 30, 2010. Second quarter revenue rose to $36.6 million from $24.

Summer travellers seeking cheap flights are increasingly considering Vancouver as a destination, according to the Edinburgh, Scotland-based online travel agency Skyscanner Travel.

Vancouver-based Cardiome Pharma Corp. (TSX:COM) reported a jump to profitability in its second quarter ending June 30, 2010. Second quarter profit rose to US$4.

While men may head B.C.’s 27 largest mining companies, former BIV Influential Women in Business winner Linda Thorstad could change that in the years to come after being named to the top post at Orsa Ventures Corp. (TSX-V:ORN).

Finning International Inc. (TSX:FTT) announced Monday that it has been named as the dealer for Caterpillar Inc. (NYSE:CAT) in Ireland. The heavy equipment distributor also paid $3.

The number of B.C. housing starts fell 13.3% in July, according to data released Tuesday morning by the Canada Mortgage and Housing Corporation (CMHC). The number of starts fell to 1,817 in July, down from 2,096 in June.

North Vancouver-based Fortress Paper Ltd. (TSX:FTP) reported a 60% increase in second quarter profit for the period ending June 30, 2010. Net income rose to $4.3 million from sales of $60.5 million, up from a net profit of $2.

Burnaby-based Day4 Energy Inc. (TSX:DFE) reported its strongest quarter in the company’s history for the period ending June 30, 2010. Second quarter revenue rose to $44.8 million, up from $5.