Monthly Archive: March 2018

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Bell Media buys stake in Pinewood Toronto Studios, plans to expand space

TORONTO — Bell Media has set the stage to acquire a majority stake in Pinewood Toronto Studios, which has been used to film “Star Trek Discovery” and “The Expanse.” The complex includes 11 purpose-built stages, offices, teaching facilities and a variety of support services for film and television clients. Financial terms weren’t announced by Bell […]

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1 year to Brexit: So much to do, so little time

LONDON — Britain’s exit from the European Union has been likened to putting toothpaste back in the tube. But it’s more like trying to separate the fluoride from the paste: complicated and messy. Thursday marks 365 days until Britain officially leaves the EU. The March 29, 2019, departure will end a 46-year marriage that has […]

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Bringing formally producing wells back online

Molori Energy Inc. (TSX.V: MOL) is one of this year’s Venture 50 companies — the company’s strategy has been to engage in low-risk well reactivations in the Texas Panhandle to generate steady cash flows. Molori Energy is an oil and gas production company with operations in Texas and is engaged in acquiring properties that provide […]

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Iraq brings forward date for bids for oil exploration rights

BAGHDAD — Iraq has brought forward the date for oil companies to bid on exploring and developing nearly a dozen hydrocarbon-rich areas to April 15, instead of June. Thursday’s announcement by Abdul-Mahdi al-Ameedi, who heads the Oil Ministry’s Licensing and Petroleum Contracts Department, took representatives of international companies by surprise. They say there isn’t enough […]

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McDonald’s expands worker tuition benefits, citing tax law

NEW YORK — McDonald’s, citing the new U.S. tax law and the tightening job market, is expanding its 3-year-old education benefits program, tripling the amount of money some workers can get each year to help pay for college or trade school tuition. The fast-food company is also changing its eligibility rules, which it says will […]