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Canada's trade alternatives post-Trump and Brexit
With hostility in the United States and beyond to global trade treaties, where does that leave companies with Canadian interests in terms of international trade? “It's too early to tell,” says Jake Dyson, whose family's Britain-based Dyson Ltd. has 125 ...
Liberty Mutual to buy Ironshore for $3 billion
By Deirdre Fernandes Globe Staff December 05, 2016 ... Liberty announced on Monday that it had signed a purchase agreement with Ironshore's parent company, China's Fosun International Limited, and expected the deal to close in the first half of 2017.
Bus maker in BC succeeds by reinventing the wheel
Grande West Transportation International Ltd. has developed a new bus called the Vicinity. Available at both 30 and 35 feet long, and seating 46 and 55 passengers, respectively, it's smaller than standard buses, which are typically 40 feet in length ...
Airbus wins Canadian search-and-rescue plane contract
Airbus teamed up with Newfoundland-based Provincial Aerospace Ltd., Pratt & Whitney Canada Corp. - the engine-making unit of United Technologies Corp.
In South Africa, a Friedland-backed mine is told to stop exhuming historic graves
A court has ordered Ivanhoe Mines Ltd. to stop exhuming and relocating dozens of historic graves at the site of its planned $1.6-billion platinum mine in South Africa.
Canadian canola meal sales to China spike to five-year high
Stronger canola meal demand from China comes as Canadian crushers steadily expand capacity. Cargill last year opened a new Alberta plant, and Richardson International Ltd. is expanding a facility in the province. “Finding alternative markets to the U.S ...
NIBE acquires FPI Fireplace Products International Ltd. in Canada
NIBE Industrier AB has acquired 65% of the shares in Canadian company FPI Fireplace Products International Ltd. (FPI) headquartered in Vancouver.
McDonald's to keep minority stake in China, Hong Kong stores: source
The Chinese and Hong Kong stores attracted bids from a variety of parties, including TPG Capital Management LP - which teamed up with mini-market operator Wumart Stores Inc - and real estate firm Sanpower Group Co Ltd, which owns British department ...
Robots in warehouses: Job killers or indispensable?
... with an aging work force, experts say. However, Canadian companies lag competitors abroad in introducing warehousing automation, according to Marc Wulfraat, president of supply chain and logistics consulting firm MWPVL International Inc. in Montreal.
Casino stocks plummet on report of ATM limit imposed in Macau
Shares of Wynn Resorts Ltd. fell as much as 12 per cent, Las Vegas Sands Corp. dropped 14 per cent and MGM Resorts International sank 7 per cent. Melco Crown Entertainment Ltd. plunged as much as 17 per cent. Las Vegas Sands declined to comment, ...