Wednesday , 24 December 2025

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Canada minister in talks with US on oil pipelines

Bloomberg Canada’s Natural Resources Minister Seamus O’Regan said he’s in talks with the US Secretary of Energy Dan Brouillette about finding a path to move ahead with oil pipeline projects, the Globe & Mail reported. “He’s somebody who’s been in the energy business and with the energy department for quite some time. He does have that understanding so we do …

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FAA says 737s in storage are corroding during pandemic

Bloomberg Boeing Co 737 planes in storage because of the coronavirus pandemic are at risk of losing power in both engines when they fly again and must be inspected, the US Federal Aviation Administration (FAA) said. The emergency order applies to about 2,000 older Next Generation and Classic versions of Boeing’s workhorse single-aisle jet in the US, not the grounded …

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British Airways parent mulls $3.2b share sale

Bloomberg British Airways owner IAG SA is looking at raising as much as 2.75 billion euros ($3.2 billion) in a share sale to help strengthen its balance sheet and ride out the coronavirus crisis. The London-based group, which also owns Spain’s Iberia and Aer Lingus of Ireland, said that it may opt for a rights issue, though no final decision …

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