Oil production hits record

The world’s supply of oil hit a record last month, yet another sign of oil’s dominance over the energy landscape.

The International Energy Agency said Thursday that the global oil supply reached 100 million barrels a day for the first time ever, boosted by rising production in the U.S. and several OPEC nations.

Bolster sales with #BuyCanada

Thanks to rekindled trade wars, more buyers are seeking made-in-Canada brands. Here’s how Growth 500 firms make the most of the Maple Leaf.

Dale Donaldson has an instant icebreaker. The CEO of Everspring Farms (2018 Growth 500: No. 275)­ works a lot of trade shows, and his answer to the first question typically asked by would-be clients—where are you based?—tends to elicit a telling response. “They’ll say, ‘Oh, you’re from Canada. Oh, OK,’” he explains. “It’s almost like it answers another four or five questions they don’t need to ask.”

Hotel Equities Joins Forces with Virtua Partners

ATLANTA — Hotel Equities (HE), the hospitality industry’s premier hotel management and development company, announced today that it has created a strategic alliance with private equity firm, Virtua Partners. Virtua Partners is making a series of investments totaling more than $500 million into HE’s hospitality platform. The new capital will be utilized to fuel growth through hotel management company acquisitions, organic growth and strategic investments into various hospitality assets.

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