The Canada Energy Regulator will hear arguments Friday from the company building the Trans Mountain pipeline expansion on its request for a pipeline variance. Company says expansion project could be delayed 2 years if changes to 2.3-km section of pipe are not allowed. The Canada Energy Regulator will hear arguments …
Read More »Business
Tiger Woods, Nike to split after more than 27 years
Tiger Woods and Nike announce they are ending their partnership after more than 27 years. Woods thanks Nike, says there will be ‘another chapter’ to his storied career in social media post. Tiger Woods is no longer a Nike athlete after 27 years, ending a partnership between the swoosh and …
Read More »Canadian airlines say they don’t fly Boeing 737-9 Max planes involved in Alaska Airlines in-flight blowout
The Alaska Airlines 737-9 Max jetliner blew out a window and a portion of its fuselage shortly after takeoff nearly five kilometres above Oregon late Friday, creating a gaping hole that forced the pilots to make an emergency landing as its 174 passengers and six crew members donned oxygen masks. …
Read More »Air Transat reaches tentative deal with union representing flight attendants
Air Transat and the union representing its 2,100 flight attendants say they have reached a new tentative agreement, coming after the flight attendants rejected an earlier deal reached between the airline and CUPE in December. CUPE members at airline had rejected previous tentative agreement. Air Transat and the union representing …
Read More »PH furniture industry forecasts 20% sales growth in 2024
The local furniture-making industry is aiming for a 15 to 20 percent rise in sales this year to meet the demands of overseas markets for Filipino-made furnishings. In a statement, Philippine Exporters Confederation Inc. (PHILEXPORT) Trustee for the Furniture sector Myrna Bituin said she is “hopeful about growth because buyers …
Read More »PSEi down on profit-taking, peso weak on Monday
MANILA – The local bourse shed on Monday on profit-taking, while the local currency closed weak at the start of the trading week. The Philippine Stock Exchange index (PSEi) finished the trading down by 20.42 points to 6,609.22, with All Shares also closing lower by 3.01 points to 3,499.51. Only Industrial …
Read More »Aritzia wins dismissal of lawsuit over hot-pink sculptures
A U.S. judge has dismissed a lawsuit against Vancouver-based Aritzia that accused the retailer of copying an artist’s work with hot pink, macaroni-shaped sculptures that appeared in stores in early 2023. Vancouver-based retailer displayed the sculptures in major cities in the spring. A federal judge in the United States has …
Read More »DTI: Small percentage of basic goods to increase SRPs
SRP HIKE. Suggested retail prices of basic goods and prime commodities are expected to increase starting this month as the Department of Trade and Industry is set to update the SRP bulletin. The last price hike in basic goods was in February 2023. (PNA photo by Ben Briones) MANILA – The Department of …
Read More »Easing inflation consistent with BSP outlook
The Bangko Sentral ng Pilipinas (BSP) said Friday, Jan. 5, that the latest consumer price index (CPI) of 3.9 percent for the month of December 2023 is within its forecast range and remains consistent with its 2024 outlook of a decelerating inflation. In a statement after the government CPI December …
Read More »‘Consider switching’ mobile carriers, says federal department over price hikes
Even as the minister responsible admitted there aren’t enough competitive options for mobile service in Canada, another federal official said consumers can and should search for other service providers when faced with price increases. Industry minister said this week there’s ‘too little competition’ for Canadians. Even as the minister responsible …
Read More »