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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.
Majority of oil sands ownership and profits are foreign, says analysis
Scientists and governments from around the world say all sources of the heat-trapping emissions must be dramatically reduced to avoid potentially irreversible changes to the planet's ecosystems, atmosphere and the global economy from climate change ...
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).
Truckers test LNG as transport fuel
Chad Porter wants to run his 18-wheeler trucks on frozen natural gas across Canada's Rocky mountains even before the world's longest chain of refueling stations gets built to keep them fueled. The chief operating officer of oil services company Ferus Inc.
Could Goldcorp be Buffett's next big buy?
He bought Wickliffe, Ohio-based Lubrizol Corp., the world's largest producer of lubricant additives, in September for about US$9 billion after saying in last year's letter that “our elephant gun has been reloaded, and my trigger finger is itchy.
China's energy influence in Canada
... the years, occasionally resulting in dramatic changes to Canadian policies. In 1998, U.S.-based Ethyl Corp. sued Ottawa for US$251-million after the government imposed a ban on a fuel additive known as MMT, claiming the ban “expropriated” future ...
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 ...
SNC-Lavalin readies for siege as Veritas report warns of more revelations
MONTREAL • SNC-Lavalin Group Inc. will try Thursday to repudiate a damning new report from Toronto equity research firm Veritas Investment Research that warns there is a good chance the engineering giant's future prospects will be hurt by more ... SNC ...
RBC looking to buy Bank of America wealth unit: sources
The deal would be the biggest in the wealth management industry since ING Group sold its private banking assets in Europe and Asia in 2010 to Julius Baer and Singapore's Oversea-Chinese Banking Corp, respectively, for a total of about US$1.9-billion ...
Golf Town expands US presence with Golfsmith takeover
TORONTO - Golf Town, Canada's biggest specialty golf retailer, is extending its footprint further into the U.S. market with the friendly takeover of Golfsmith International Holdings Inc. The US$96.8-million offer for Golfsmith, a chain similar to Golf ...