Calgary coal firm vows to stay in Philippines after deadly ambush
TVI Pacific Inc. says it will not pull out of the Philippines following an ambush near its Canatuan mine that killed 13 and wounded 12. CEO Cliff James spoke of resolve as the MILF-linked attack prompted security sweeps and regional military involvement.
MENTIONED IN THIS ARTICLE
James
Canatuan
MILF
Moro Islamic Liberation Front
Philippines
TVI
Southeast Asia
Tom Healy
Siocon
Manila
Healy
Canadian ports warned to lose traffic to U S over security costs
The Canadian Shipping Federation warns Canadian ports risk long term traffic loss as shippers shift to U S terminals to avoid U S security fees. It cites Montreal and Vancouver fees, U S $217 million in aid, and calls for matching relief to stay competitive against Seattle and other U S ports.
MENTIONED IN THIS ARTICLE
U.S
Montreal
Canadian Shipping Federation
Canada
CP Ships
Maersk Sealand
Richard le Hir
Federation
Federal Finance Department
le Hir
Port of
Chris Badger
Vancouver
Badger
Seattle
Canada’s airlines push Ottawa over high government fees
Canada's airline industry heads into a profit year while lobbying Ottawa over fees. The Air Transport Association of Canada cites a 24 dollar per round trip security fee and a 9.5 percent rent rise for nine major airports, with rents set to climb toward half a billion by decade end. Air Canada president Robert Milton notes passenger costs rise and some travelers opt to drive.
MENTIONED IN THIS ARTICLE
Canada
Ottawa
Toronto
United States
Air Transport Association of Canada
David Collenette
Rick Erickson
Calgary
ATAC
Collenette
Air Canada
Robert Milton
Milton
Jamaica secures emergency oil shipment amid Venezuela strike
Jamaica received 370000 barrels of oil from Ecuador to ease a shortage caused by Venezuela's general strike. PetroJam official Christopher Chin Fatt said reserves cover four weeks, with a similar shipment from Mexico planned in January. Prices may rise as the strike continues and Venezuela’s exports falter.
MENTIONED IN THIS ARTICLE
Kingston
Jamaica
Ecuador
Venezuela
Christopher Chin- Fatt
PetroJam
Chin-Fatt
Mexico
Hugo Chavez
United Airlines seeks to void union contracts in bankruptcy
United Airlines filed a motion in U S Bankruptcy Court aiming to dissolve labor agreements if wage cuts are not agreed. The proposal seeks 2.4 billion dollars in annual wage reductions to satisfy lenders, with pilots facing 29 percent cuts and four unions offered relief if others concede.
MENTIONED IN THIS ARTICLE
Chicago
United Airlines
U.S
United
Joe Hopkins
Elk Grove Village
Ill
Dundee Wealth to take over IPC in $145 million merger
Dundee Wealth Management Inc. will acquire IPC Financial Network Inc. in a cash and stock deal valued at about 145 million dollars, with Dundee assuming 30 million dollars of IPC debt. The union aims to form a Canadian wealth manager with 23 billion in assets and 1,300 advisers across 340 branches by March.
MENTIONED IN THIS ARTICLE
Toronto
Dundee Wealth Management Inc
IPC Financial Network Inc
Dundee
Dundee Wealth
Canada
Steve Meehan
IPC
Dundeewhich
Meehan
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Bryan Odren
Eastpointe, Mich
Cobo Hall
Detroit
UDA