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1-10 results from 1000 for query «agreement»

January 14, 2019 5:13 PM Air Canada and Jazz parent extend agreement, securing regional airline’s future

Chorus says the agreement, announced Monday, will grow its revenues by $940 million for a contracted total of $2.5 billion in aircraft leasing and fixed fees over the next 17 years. The deal also amends a 2015 agreement by lowering the fixed fees and incentive revenue Chorus receives by about $50 million annually. Under the new contract, Air Canada will make an equity 391

January 10, 2019 10:34 PM SEC, Wells Fargo agree to 38 Studios settlement, but delayed

PROVIDENCE, R.I. - The U.S. Securities and Exchange Commission and Wells Fargo Securities say they have agreed in principle to settle a lawsuit over Rhode Island’s failed $75 million deal with former Boston Red Sox pitcher Curt Schilling’s videogame company. But they said in a court filing on Thursday that final approval is delayed due to the government 111

January 10, 2019 8:57 PM Treasury chief: No sanctions relief for Russian oligarch

WASHINGTON - Treasury Secretary Steven Mnuchin (mih-NOO’-shin) plans to tell lawmakers in a classified briefing that the Trump administration will keep strict U.S. sanctions on the Russian oligarch Oleg Deripaska. Democrats asked Mnuchin to brief the House about the U.S. agreement to lift sanctions on three companies that Deripaska has owned or controlled 102

January 9, 2019 4:05 PM Bombardier signs $669M rail car deal with N.J., but no work north of border

MONTREAL—Bombardier Inc. has signed a $669-million (U.S.) deal to provide 113 commuter rail cars to New Jersey. The company says the contract will yield no additional work in Canada, with Buy American rules prompting Bombardier’s plant in Plattsburgh, N.Y., to build the multi-level cars, rather than its facility in Quebec. As of 2018, at least 65 per cent of the cost of components 131

January 9, 2019 1:15 PM On his Mideast trip, Pompeo makes unannounced Iraq stop

BAGHDAD—U.S. Secretary of State Mike Pompeo visited Iraq on Wednesday in an unannounced stop on his Mideast tour meant to promote the White House’s hard-line position on Iran. The trip comes amid confusion over conflicting statements by U.S. President Donald Trump and senior U.S. officials about a planned U.S. troop withdrawal from Syria, where Iran is backing 123

January 7, 2019 5:16 PM Former CanniMed CEO launches new pot company, but won’t be growing weed

The former chief executive of licensed producer CanniMed Therapeutics Inc. has a budding new cannabis business largely made up of his former employees — but his newest venture won’t involve growing pot. Brent Zettl says his biopharmaceutical company Zyus Life Sciences Inc. will instead buy cannabis from licensed producers and focus on extraction and development 107

January 3, 2019 2:42 PM Barrick’s new CEO says gold industry shake-up is just starting

Barrick Gold Corp.’s new chief executive officer has a message for the gold industry: This is just the start of a big shake-up. Barrick agreed to buy smaller rival Randgold Resources Ltd. in a $5.4 billion (U.S.) deal announced in September. As part of the agreement, Randgold’s CEO, Mark Bristow, became the chief executive of Barrick, the world’s biggest 135

January 2, 2019 9:36 PM We’re signing trade deals. Now, we have to use them

Canadian exporters fixated on the U.S. market invoke the EU’s many languages (at least 47) and transportation issues as reasons for not vigorously tapping EU markets. And yet those same language “barriers” have not dissuaded Italian biscuit and French cheese exporters from ramping up their sales to Canada. And transportation challenges in an EU with an integrated 131

December 24, 2018 2:59 PM Air Canada gets regulatory OK to buy Aeroplan

Under their agreement, Air Canada will buy the Aeroplan business from Aimia for cash and also assume $1.9 billion of liabilities to points holders — partially backed by two banks that offer Aeroplan credit cards. Toronto-Dominion Bank and the Canadian Imperial Bank of Commerce will pay Air Canada about $1.2 billion in total. The banks and Visa have agreed 138

December 24, 2018 10:00 AM Medicine is the real pot of gold for the cannabis industry

Politics, or geopolitics, will also determine Trudeau’s decisions in this debacle. Among the ideal options is to release Meng Wanzhou in exchange for freeing the Canadian nationals. And to grant Huawei, which employs about 500 people in its extensive Canadian R&D operations, the access it craves to Canada’s 5G network, provided Huawei share its technology 152