TORONTO — The Ontario Energy Board has rejected Hydro One’s application to purchase the Orillia Power Distribution Corp. Hydro One had announced a deal to acquire the utility company for $41.3 million in 2016. The figure included the assumption of about $14.9 in OPDC debt. In its decision, the OEB said it applied a “no […]
Digital Labs to focus on developing new products and business models Life Insurance Blog
Report notes that the industry has bounced back from last year’s record catastrophe losses Life Insurance Blog
WASHINGTON — The United States and the United Arab Emirates are nearing a deal to resolve a years-old spat over alleged government subsidies to Emirati airlines that the major U.S. airlines claim tilt the competition against them. Four individuals familiar with the negotiations tell The Associated Press that Dubai-based Emirates and Abu Dhabi-based Etihad Airways […]
OCALA, Fla. — In 2012, Steve Mahan, who is blind, climbed into the driver’s seat of a self-driving car and rolled up to the drive-thru of a Taco Bell in a video that’s been viewed more than 8 million times online. The piece, produced by Google, captured the potential of autonomous-car technology to change the […]
BUFFALO, N.Y. — Buffalo, New York, is inviting tourists to eat their way through a new “wing trail” featuring a dozen chicken wing hot spots. Tourism officials unveiled the Buffalo Wing Trail on Thursday at the Anchor Bar, where the Buffalo wing took flight in 1964. While just about every restaurant in the city has […]
SHANGHAI — Chinese soybean farmers, importers and processers say they are unconcerned about potential Chinese tariffs on American soybeans in an escalating dispute with the administration of President Donald Trump over trade and technology. Chinese soy growers at an industry expo in Shanghai this week were cheering the proposed 25 per cent Chinese tariff on […]
BEIJING — China’s March exports shrink 2.7 per cent while import growth decelerates to 14.4 per cent.
JAKARTA, Indonesia — Moody’s has upgraded Indonesia’s credit rating due to increased confidence the government will maintain its recent track record of responsibly managing the national budget and interest rate policy. In a boost for President Joko “Jokowi” Widodo’s ambitious plans to carpet Indonesia with modern roads, ports, rail and airports, Moody’s Investors Service said […]
The federal government is looking into concerns raised by a dissident group of Tim Hortons franchisees about the potential violation of terms Ottawa placed on a deal that saw Canada’s most iconic restaurant chain taken over by a Brazilian firm. A spokesman for Innovation Minister Navdeep Bains said Thursday the government will investigate allegations that […]