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Canada buys Kinder’s Trans Mountain pipeline for $3.5bn

Bloomberg Canada will buy Kinder Morgan Canada Ltd.’s Trans Mountain oil pipeline and its controversial expansion project for C$4.5 billion ($3.5 billion) in a bid to ensure it gets built amid fierce opposition. “It must be built and it will be built,” Finance Minister Bill Morneau said in Ottawa, as he and Natural Resources Minister Jim Carr unveiled the deal, ...

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European Commission proposes ban on straws, other single-use plastics

Bloomberg The European Commission proposed a total ban on some single-use plastic products and measures to drastically cut the consumption of others, in the latest push by the EU to reduce carbon emissions and marine litter threatening its seas. The ban will apply to plastic cotton buds, cutlery, plates, straws, and sticks for balloons, according to the proposal unveiled and ...

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More companies using Facebook to exclude older job seekers

Bloomberg A proposed class action lawsuit alleging Facebook’s ad placement tools facilitate discrimination against older job-seekers has been expanded to identify additional companies, further widening the latest front in claims that candidates are being filtered out by gender, geography, race and age. “When Facebook’s own algorithm disproportionately directs ads to younger workers at the exclusion of older workers, Facebook and ...

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Investors eye PG&E after power lines blamed for fires

Bloomberg Investors will be watching PG&E Corp. after California investigators said the utility-owner’s equipment sparked four of the smaller wildfires that broke out in Northern California last year. In the first findings on the more than 170 fires that charred the region, the California Department of Forestry and Fire Protection, known as Cal Fire, said blazes in Butte and Nevada ...

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Workers win war on low wages in EU’s most stable economy

Bloomberg Czech workers are slowly winning the war on low wages. Faced with the European Union’s lowest unemployment rate, companies are tackling a dearth of able bodies in the country of 10.6 million with bonuses and higher salaries. According to Josef Stredula, the head of the nation’s umbrella union, that will continue for several more years as labor costs lie ...

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UAE, Canada discuss ways to boost economic, investment ties

OTTAWA / WAM His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, met Francois-Philippe Champagne, Minister of International Trade of Canada at the Canadian Foreign Ministry in Ottawa. During the meeting, which was held on the sidelines of Sheikh Abdullah’s official visit to Canada, the two sides discussed bilateral relations and ways to further ...

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UAE and Italy discuss security cooperation

ROME / WAM The UAE Ambassador to Italy, Saqr Nasser Al Raisi, met the General Commander of the Italian Military Force or ‘Carabinieri’, Giovanni Nistri, in the presence of a number of senior generals and officials. During the meeting, Al Raisi emphasised the UAE’s keenness to work with friendly countries in all fields, especially enhancing international security and community safety. ...

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ADX joins Equichain’s blockchain working community

Abu Dhabi / Emirates Business Equichain announces the signing of a partnership agreement with the Abu Dhabi Securities Exchange (ADX) to join its working community, which aims to bring efficiencies to capital markets. London-based fintech Equichain operates two exclusive, invitation-only working groups: one for institutional investors and one market infrastructure providers. The goal of this strategic initiative is to seamlessly ...

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Guyana grants visa on arrival to Emiratis

ABU DHABI / WAM The Ministry of Foreign Affairs and International Cooperation announced that citizens of the UAE with diplomatic, private and regular passports can obtain a visa to Guyana upon arrival at the airports. Ahmed Alham Al Dhaheri, Assistant Under-Secretary for Consular Affairs at the Ministry of Foreign Affairs and International Cooperation, said that the UAE’s Embassy in Brasilia ...

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dnata appoints new global head of culinary

Dubai / Emirates Business dnata, one of the world’s largest air services providers, is further investing in its culinary catering capability with the appointment of globally-experienced chef Stephen Templeton to the newly created post of Global Head of Culinary for its international catering division. In his role, Templeton will be responsible for managing all aspects of food presentations, hospitality, kitchen ...

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