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Cathay Pacific Sues World Fuel Over Claim of Tainted Fuel
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.
'Clear evidence of a bubble is lacking'—really?
Earlier this week the Canadian Housing and Mortgage Corporation published its 2011 Annual Report–which reads like a 184-pages long effort to brush off concerns about Canada's housing market.
Canadian Tire profit, revenue rise more than 20%
Canadian Tire Corp. Ltd. is reporting more than 20-per-cent increases in both revenue and profit for the first quarter on strong retail growth and the acquisition of sporting goods retailer the Forzani Group.
Longer Combination Vehicles reduces environmental impact of transport trucks
“Transportation is a big producer of greenhouse gas emissions, so reducing fuel consumption helps in terms of commercial operations and productivity.
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 ...
Shell, Asian energy giants to build largest LNG plant in BC
Four global energy firms led by Shell Canada say they are going to develop a 12 million-tonnes-a-year liquefied natural gas plant at Kitimat, the largest by far of four LNG proposals for the B.C.
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 ...
Jeff Rubin argues in The End of Growth that central bankers must focus on high ...
"When the world's annual fuel bill was less than $800 billion, oil-importing nations like the United States clocked healthy economic growth year after year," Rubin writes.
Two new LNG projects planned in North America
But Canada, whose vast gas reserves in British Columbia are stranded without demand from the amply-supplied United States, is racing to find needy buyers in Asia willing to pay dearly for the fuel. ... It could be in service by the end of the decade ...
Chubby Checker rises from the bunker
In 1982, when Checker Motors Corporation of Kalamazoo, Michigan stopped production of the iconic hulks that had become synonymous with the term New York Taxi, a bit of American tradition skidded onto the hard shoulders of reality.