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Category: Business

Business

Enbridge says it agreed to pay $11 mln on Line 3 pipeline penalties

November 8, 2022
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Enbridge Inc (ENB.TO) said on Monday it has reached an agreement on penalties over its Line 3 oil pipeline replacement […]

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Business

U.S. FAA says some Boeing 737 MAX 7 submissions incomplete, need review

November 7, 2022
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The Federal Aviation Administration (FAA) told Boeing Co (BA.N) that some key documents submitted as part of the agency’s ongoing […]

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Business

Currency hit to N. American companies seen ‘bad’ after rough Q2 -report

November 6, 2022
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A surging U.S. dollar is likely to weigh even more on North American companies’ third-quarter results than in the prior […]

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Business

Intel’s Mobileye seeks drastically lower $16 bln valuation in IPO

November 5, 2022
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Intel’s Mobileye said on Tuesday it was targeting a valuation of nearly $16 billion in its initial public offering, less […]

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Business

Third Point takes stake in Colgate-Palmolive, urges pet food spinoff

November 4, 2022
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Daniel Loeb’s Third Point has built a significant position in toothpaste maker Colgate-Palmolive Co (CL.N) and sees value in a […]

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Business

Minneapolis Fed directors wanted 100 bp discount rate hike in September

November 3, 2022
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Federal Reserve Bank of Minneapolis board members sought a full percentage point increase in a key emergency borrowing rate for […]

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Business

Nord Stream ruptures revealed as Europe grapples with gas plan

November 2, 2022
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Damage to the Nord Stream gas pipeline from Russia to Europe was caused by powerful explosions, Danish police said on […]

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