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Author: Helen Smith

Not cleared for landing: Spurned Transat bidder trying to block Air Canada takeover

On: August 7, 2019 By: Helen Smith

air transat air canada composite

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.

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Category: Canada

Consular officials make 10th visit with Canadian detained in China

On: August 6, 2019 By: Helen Smith

China The Disappeared

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.

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Category: Canada-Politics

Trump to visit El Paso and Dayton in wake of mass shootings

On: August 6, 2019 By: Helen Smith

TEXAS-SHOOTING/

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.

Category: Canada Business

RCMP dive team ends Manitoba river search for B.C. fugitives with no new leads

On: August 6, 2019 By: Helen Smith

RCMP Divers Search Nelson River

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.

Category: Canada Business

Trump imposes total U.S. freeze on Venezuelan government assets

On: August 6, 2019 By: Helen Smith

USA-SHOOTING/TRUMP

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.

Category: Canada Business

4 dead, 12 injured in multi-vehicle accident on highway north of Montreal

On: August 6, 2019 By: Helen Smith

Highway 440 crash

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.

Category: Canada Business

New York stock indexes hammered as China allows yuan to devalue

On: August 6, 2019 By: Helen Smith

Financial Markets Wall Street

New York stock indexes plunged three per cent Monday, as investors continued to deal with the fallout of the China-U.S. trade war.

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Category: Canada

Newspaper chain GateHouse buying USA Today owner Gannett

On: August 6, 2019 By: Helen Smith

Gannett Gatehouse Combination

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.

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Category: Canada

HSBC CEO John Flint steps down as bank plans to cut 4,000 jobs

On: August 6, 2019 By: Helen Smith

Britain HSBC

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.

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Category: Canada

Japan’s NEC shows off a ‘flying car’ that can hover steadily for a minute

On: August 6, 2019 By: Helen Smith

Japan Flying Car

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.

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Category: Canada

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