OTTAWA/WINNIPEG (Reuters) – Canada will buy Kinder Morgan Canada Ltd’s Trans Mountain pipeline for C$4.5 billion ($3.5 billion), the government said on Tuesday, in hopes of saving the project that faces formidable political and environmental opposition.
On our recent Chairman’s Circle Private Wealth Cruise from Rome to Marseille – with stops along the way in Villefranche-sur-Mer, Saint-Tropez, Corsica, Ibiza and other spots easy on the eye – a few of my colleagues and I decided to skip the tour of Florence.
We’d been there a few times before and so decided to spend the day visiting some of the smaller towns in Tuscany.
We hired a private driver – a chatty, middle-aged fellow named Ignazio – and headed out.
Along the way, I asked Ignazio whether he and his fellow citizens were optimistic about Italy’s future.
Despite anemic economic growth …read more […]
GAYDON, England (Reuters) – The boss of carmaker Aston Martin warned it was probably too late to roll out the kind of technology needed for the post-Brexit customs plan that is favoured by many British eurosceptics.
Apple this afternoon will officially release the latest version of its iOS …read more […]
WASHINGTON (Reuters) – The United States said on Tuesday that it will continue pursuing action on trade with China, days after Washington and Beijing announced a tentative solution to their dispute and suggested that tensions had cooled.
Facebook, Alibaba, Apple and Pandora are the companies to watch …read more […]
German seed seller KWS Saat (KWSG.DE) has made an eleventh-hour bid for Bayer’s (BAYGn.DE) vegetable seed business, which Bayer is selling to BASF (BASFn.DE) to get approval of its planned purchase of Monsanto (MON.N). KWS, the world’s No.1 supplier of sugarbeet seeds, on Tuesday said its non-binding proposal was first made to Bayer on Jan. 26, but not disclosed to investors at the time. Frustration over Bayer’s rejection despite a “highly attractive price” led KWS to break cover on the bid, in the hope that antitrust regulators will regard it more favourably, KWS Chief Executive Hagen Duenbostel …read more […]
The Canadian government reached an agreement with Kinder Morgan to buy the controversial Trans Mountain Expansion Project and related assets …read more […]
“I’ve made a huge mistake.” …read more […]
(Reuters) – The S&P 500 and Dow Jones Industrial Average touched near three-week lows on Tuesday as investors switched cash into perceived safe havens of global financial markets due to a deepening political crisis in Italy.
VIENNA (Reuters) – Vienna Airport is banking on budget carriers’ expansion into eastern European countries to secure its long-term growth, its co-chiefs said.
(Reuters) – Starbucks Corp appealed to customers for forgiveness in a row over racial profiling on Tuesday, saying its behavior toward two black American customers last month had been reprehensible as it closed 8,000 stores for anti-bias training.
The Canadian government said on Tuesday it will buy Kinder Morgan Canada Ltd’s (KML.TO) Trans Mountain pipeline project for C$4.5 billion (2.6 billion pounds) but does not intend to be the long-term owner of the project, which has faced fierce environmental opposition. Finance Minister Bill Morneau said that buying the existing pipeline and its planned expansion project, which will carry crude oil from landlocked Alberta to a port in the Vancouver area, is the only way to ensure the halted project gets built. The government will also offer federal loan guarantees to ensure construction continues through the 2018 …read more […]
The European Union is in the midst of an “existential crisis” and may cease to exist, billionaire investor George Soros said. President Donald Trump’s withdrawal from the Iran nuclear deal is partially to blame for the EU’s problems. …read more […]
OTTAWA (Reuters) – The Canadian government said on Tuesday it will buy Kinder Morgan Canada Ltd’s Trans Mountain pipeline project for C$4.5 billion ($3.5 billion) but does not intend to be the long-term owner of the project, which has faced fierce environmental opposition.
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