CALGARY — Keyera Corp. says it has shut down its Alberta Envirofuels facility due to the failure of a key component. The company says it initiated the unplanned outage earlier this month. Due to the expected time to fabricate, deliver and install the replacement components, Keyera expects the facility will return to service in May. […]
DAVOS, Switzerland (AP) — Nearly 3,000 high-level participants from business, government and beyond plus untold numbers of activists, journalists and outside observers are converging in the Swiss town of Davos for the World Economic Forum’s annual meeting. Here’s a look at the latest edition of the elite affair in the Alpine snows: The WEF and […]
TORONTO — Canadian dealmaking activity is expected to pick up this year, driven by nation-building efforts and a stronger business outlook, according to a new survey by KPMG Canada. Thirty-three per cent of business leaders polled indicated plans to make a major acquisition in the next 18 months to capitalize on potential growth opportunities, the […]
WASHINGTON (AP) — An unexpectedly sturdy world economy is likely to shrug off President Donald Trump’s protectionist trade policies this year, thanks partly to a surge of investment in artificial intelligence in North America and Asia, the International Monetary Fund said in a report out Monday. The 191-nation lending organization expects that global growth will […]
MANILA, Philippines (AP) — Philippine President Ferdinand Marcos Jr. announced Monday the discovery of a new natural gas deposit near the disputed South China Sea, which could shield his country from a potential power crisis. The “significant discovery” northwest off Palawan province, close to an existing gas field in waters adjacent to the critical waterway, […]
Here is a roundup of stories from The Canadian Press designed to bring you up to speed… Carney heading to Switzerland to take part in World Economic Forum Prime Minister Mark Carney heads to Switzerland today for a meeting of the World Economic Forum in the ski resort town of Davos. Carney is set to […]
Statistics Canada is slated to release inflation figures for December today. A Reuters survey of economists has predicted the annual inflation rate to hold steady at 2.2 per cent in December, according to LSEG Data & Analytics. Economists at RBC are among those expecting inflation to remain unchanged in December. RBC also expects overall food […]
Statistics Canada is slated to release inflation figures for December today. A Reuters survey of economists has predicted the annual inflation rate to hold steady at 2.2 per cent in December, according to LSEG Data & Analytics. Economists at RBC are among those expecting inflation to remain unchanged in December. RBC also expects overall food […]
DAVOS, Switzerland (AP) — Corporate chiefs and government leaders including U.S. President Donald Trump swarm into Davos, Switzerland, this week, joining an elite annual meeting that promotes dialogue and economic progress — even as a domineering tone from Washington has upended the global order and billionaires have reaped trillions in new wealth as the poor […]
BANGKOK (AP) — European shares and U.S. stock futures skidded Monday after U.S. President Donald Trump threatened to slap a 10% extra tariff on imports from eight European countries because they oppose having America take control of Greenland. Germany’s DAX lost 1.1% to 25,020.35 and the CAC 40 in Paris shed 1.3% to 8,150.78. Britain’s […]
