Recent Posts

SNC dealt another blow with Chile copper mine project cancellation

Bloomberg SNC-Lavalin Group Inc., the embattled engineering firm at the heart of Canada’s biggest political crisis in years, has been dealt another blow in Chile. Copper producer Codelco said that it cancelled a contract worth $260 million to build two new acid plants in the Chuquicamata mine. Montreal-based SNC has “seriously” and “repeatedly” breached aspects of its contracts, according to ...

Read More »

UK reconsidering ban on billion-dollar scooter firms

Bloomberg The banning of e-scooters on British roads is being reconsidered after the UK government said it was opening “the biggest regulatory review in a generation” of current mobility laws, some of which date back to 1835. The government said that it wanted to start the process of modernising existing legislation, which was proving to be a barrier to innovation, ...

Read More »

Lyft moves IPO roadshow as drivers protest

Bloomberg Disgruntled drivers showed up at the Omni hotel in San Francisco hoping to make their feelings known to the executives, bankers and potential investors at Lyft Inc.’s IPO roadshow meeting. No one was there. Lyft’s scheduled meeting was held at the Olympic Club instead. It had originally been planned for the Omni, according to a term sheet reviewed by ...

Read More »
Send this to a friend