News

Dr. L. Wang

100bn frames per second 2-D camera developed at Washington University

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A 2-D camera that can capture events at the incredible speed of 100 billion frames per second has been developed by a team of...
MEG Energy guidance

MEG Energy cutting capital investment plans following oil price slump

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Canadian oil sands producer MEG Energy announced on Friday that its planned 2014 capital investment will be reduced by 31% to $1.2 billion, compared...
Jim Prentice

Alberta Premier to meet Quebec and Ontario counterparts to garner Energy East pipeline support

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Jim Prentice, the Premier of Alberta, says he is scheduled to meet the Premiers of Quebec and Ontario - Philippe Couillard and Kathleen Wynne...
Altalink LP

Altalink sale to Berkshire Hathaway approved by Alberta Utilities Commission

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The $3.2 billion acquisition of Altalink LP, one of Canada's largest transmission companies by Warren Buffet’s Berkshire Hathaway Energy Company, was approved on Friday...
Eurozone

European Commission €350bn investment plan launched to boost growth

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A €350 billion investment plan to kick-start the Eurozone’s economy and create jobs was announced by the European Commission on Wednesday. Most of the...
Stephen K. Carlisle, new head of GM Canada

GM Canada names Stephen Carlisle as new president and managing director

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GM Canada announced on Thursday that Stephen K. Carlisle will take over as president and managing director from Kevin W. Williams, who has led...
Beer Tie

‘Beer Tie’ vote sends pub shares tumbling, UK

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After the UK House of Commons voted to end the 'Beer Tie' rule that forces some pubs tenants to pay more than market rates...
Boeing

Boeing and Toray agree on $2.6 billion light carbon fiber partnership

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Boeing Co. and Toray Industries Inc. agreed on a $2.6 billion deal for additional supplies of lightweight, superstrong carbon fiber from the Japanese company...
Turkey

Turkey numbers plummet in US to 28-year low

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The US' anticipated stock of turkeys is about 235 million, the lowest level since 1986 when farmers produced about 207 million birds. Turkey wholesale...
Bombardier Inc

Bombardier Russian assembly line project shelved, political situation cited

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Canadian aircraft and train maker Bombardier Inc. announced on Thursday that it is shelving a US$3.4 billion plan to set up a new assembly...