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Corporate News 27 Sep 2016 | 11:25 PM

Canada govt to announce Petronas LNG decision Wednesday

OTTAWA: The Canadian government will announce on Tuesday at 5:15 p.m. local time (0015 GMT Wednesday) whether it has approved a C$11 billion ($8.3 billion) liquefied natural gas plant proposed by Petroliam NAsional Bhd (Petronas) after a three year wait.

Economy 23 Mar 2016 | 1:19 AM

Canada's stimulus budget aims to revive oil-hit economy

Ottawa: Canada's new Liberal government on Tuesday unveiled a stimulus budget to revive growth with infrastructure spending and said it would run a deficit nearly three times larger than promised during last year's election.

Business 08 Apr 2019 | 12:00 AM

Low expectations, no quarrels and Libya accord rescue G7 summit

DINARD: The Group of Seven nations ended a foreign ministers’ meeting in western France without quarrelling on Saturday, as they looked to lay the groundwork for a leaders’ summit in August despite the absence of the US Secretary of State.

Corporate News 30 Jan 2019 | 1:14 AM

Huawei's Meng appears in court as Canada mulls US extradition

VANCOUVER: Huawei Technologies Co Ltd's chief financial officer, the central figure in a high-stakes dispute between the world's two largest economies, made her first appearance in a Canadian court in more than a month on Tuesday as Ottawa weighs extraditing the Chinese executive to the United States.

Corporate News 30 Nov 2018 | 12:00 AM

Alberta planning to buy rail cars to ship crude amid pipeline pinch

CALGARY: Alberta is working to buy rail cars to help ship more crude as pipeline bottlenecks have the oil-rich province grappling with historic low prices.

Business 06 Oct 2018 | 12:00 AM

Treasury Pulse

Global Forex Market

Markets 03 Oct 2018 | 12:00 AM

Oil to hit US$100 per barrel amid growing demand?

PETALING JAYA: After close to four years of lacklustre prices, investors and market watchers may need to accept that oil at the US$80 to US$85 level may be the new norm, going forward.

Markets 01 Oct 2018 | 1:36 AM

Asian shares off to slow start, Canadian dollar up on Nafta

TOKYO: The Canadian dollar and the Mexican peso rose on Monday on hopes of progress in negotiations over a renewed North American Free Trade Agreement (NAFTA) deal, but Asian shares got off to a slow start amid further signs of weakness in China.