Montreal real estate developer Group Mach is again offering Transat A.T. shareholders $14 per share, this time in an effort to scoop up 19.5 per cent of the airline’s shares in order to block its sale to Air Canada.
Author: Helen Smith
Consular officials make 10th visit with Canadian detained in China
Consular visits generally involve assessing the well-being of a Canadian citizen, providing guidance on the legal process in a country and facilitating a communication link between the Canadian and their loved ones.
Trump to visit El Paso and Dayton in wake of mass shootings
El Paso, Texas, and Dayton, Ohio, are struggling to cope with weekend shootings that left 31 people dead. Though the two attacks staggered a country accustomed to gun violence, the bigger shock may have been that the death toll wasn’t worse.
RCMP dive team ends Manitoba river search for B.C. fugitives with no new leads
The RCMP’s Underwater Recovery Team has come up empty after completing an exhaustive search of the Nelson River in northern Manitoba for signs of two fugitives wanted in connection with three homicides in northern British Columbia.
Trump imposes total U.S. freeze on Venezuelan government assets
U.S. President Donald Trump imposed a freeze on all Venezuelan government assets in the United States on Monday, sharply escalating a diplomatic and sanctions drive aimed at removing socialist President Nicolas Maduro from power.
4 dead, 12 injured in multi-vehicle accident on highway north of Montreal
Four people are dead after a small car got stuck underneath a semi-trailer, causing a major accident Monday afternoon on Highway 440 in Laval, Que., about 27 kilometres north of Montreal.
New York stock indexes hammered as China allows yuan to devalue
New York stock indexes plunged three per cent Monday, as investors continued to deal with the fallout of the China-U.S. trade war.
Newspaper chain GateHouse buying USA Today owner Gannett
Two of the largest newspaper companies in the United States have agreed to combine in the latest deal driven by the industry’s struggles with a decline of printed editions. The combined company would have more than 260 daily papers and 300 weeklies.
HSBC CEO John Flint steps down as bank plans to cut 4,000 jobs
Bank HSBC on Monday announced the surprise departure of CEO John Flint after just 18 months, saying new leadership was needed amid increasing economic uncertainty, and that it was cutting some 4,000 jobs to reduce costs.
Japan’s NEC shows off a ‘flying car’ that can hover steadily for a minute
A test flight for a new, car-size flying drone that could one day autonomously deliver packages reached three metres high and lasted about 45 seconds in a Tokyo suburb on Monday.