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Cathay Pacific Sues World Fuel Over Claim of Tainted Fuel
May 22 (Bloomberg) -- Cathay Pacific Airways Ltd. sued World Fuel Services Corp.'s Singapore unit over claims tainted fuel led to an emergency landing by one of its Airbus SAS A330 jets, hurting the Hong Kong carrier's reputation and passengers.
Move against Chevron in Canada first of many: Ecuadorean plaintiffs
Lawyers for the Ecuadorean villagers who won an $18.3-billion (U.S.) judgment against Chevron Corp. over oil pollution in the Amazon say their enforcement action launched in Canada this week is only their first move to target the company's worldwide ...
Alberta fires back at proposed EU fuel rules
Alberta and the federal government have lobbied aggressively against the European low-carbon fuel proposal, saying it would discriminate against Canadian-based crude producers with an unscientific approach to reducing greenhouse gases (GHG).
What's going wrong with junior golds?
Jaguar Mining Inc. (TSX/JAG) surged late last year on talk of a possible takeover by Shandong Gold Group Co. in a deal that would have valued Jaguar at $9.30 per share.
Big gold producers spending faster than earnings rise
The company forecasts 2012 gold output of 7.3 million to 7.8 million ounces, compared with 8.6 million ounces in 2006, the year after it acquired Placer Dome Inc. to become the world's largest producer. Newmont expects to produce as much as 5.2 million ...
Manulife chief criticizes 'onerous and difficult' regulations
It's hardly surprising that Manulife Financial Corp. chief Don Guloien is frustrated with Canadian accounting and regulatory rules.
Nova Scotia call for startups goes global
Through Innovacorp, a Crown corporation that invests in early stage companies, Nova Scotia offered more than $300,000 in funding and services to lure a promising clean tech startup to its shores. “We thought, 'Why not just throw open the doors to the ...
Attack of the zombie refineries
Meanwhile, Delta Air Lines has purchased the 185,000 b/d Trainer refinery outside Philadelphia from Phillips 66, the refining business spun off from ConocoPhillips, as it seeks to hedge its raising jet fuel costs. Others are looking for further ...
Digital media startups win cash and support at...
The third place win, for $10,000, went to Matthew Miner of Rebel Hippo, a Kitchener company that runs the Lumos analytics service for the growing video game industry. The other five finalists were Card2Contact Corp; SciGit; Itinere; WestonExpressions Inc.
What caused JPMorgan's loss
What would you do if you had a built-in funding advantage but little demand for your services as a traditional lender, i.e.