CALGARY (Reuters) - The rupture of a TransCanada Corp (TRP.TO) natural gas pipeline in 2013 in Alberta was caused by “miscommunication” between staff and contractors that built the piece of the line that failed, the company said on Monday.
Europe’s biggest bank is late among foreign banks to the party in China’s onshore investment banking market, where rivals like Credit Suisse CSGN.But foreign banks have made limited inroads in China because of the restrictive licenses handed out to the early entrants.
DUBAI (Reuters) - Boeing Co (BA.N) is “a little frustrated” with delays in getting U.
NEW YORK (Reuters) - Oil prices fell as much as 2 percent on Friday, posting their third weekly decline in four, on pressure from a rallying dollar and higher interest rate expectations after strong U.S.
“We think we could be set up for a little bit of a (stock market) rally here into year-end.O), which has been one of the top-performing stocks all year, consumer names have been mostly absent from the market’s rally off its late August low.
The 1921 Martin Act, a wide-reaching state law, was dusted off in the early 2000s by former New York Attorney General Eliot Spitzer who used it to aggressively go after Wall Street firms.It has been used to extract large monetary penalties from finical institutions, said Jim McGuire, a litigation partner at the Dechert law firm in New York.
N) expects to announce new industrial partnerships with an emphasis on defense at the Dubai Airshow, expanding on tie-ups in commercial aerospace, executives said on Saturday.“There will be a couple of announcements at the show related to increased partnerships and I’ll leave it at that,” Bernard Dunn, president of Boeing Middle East, North Africa and Turkey told a news conference, declining to elaborate.
Related CoverageMarkets have lost 'muscle memory' for Fed rate rises: policymakerFed's Williams: raising interest rates would send positive signalThe Fed has kept interest rates near zero for almost seven years, and the central bank last month said it would consider a rate increase at its Dec.On Saturday, Williams said he believes that factors holding inflation down, including weak oil prices and a strong dollar, should soon ebb and allow inflation to bounce back.
Employers outside of farming added 271,000 jobs in October and the jobless rate fell to 5.“The natural expectation is for the pace of job growth to slow in the months and quarters ahead.
(Reuters) - Walt Disney Co reported a rise in quarterly profit that beat Wall Street forecasts as cable networks including ESPN brought in higher advertising revenue and collected more fees from pay TV distributors.The company also said it lost subscribers at certain cable networks while it gained customers from the SEC Network launched last year.
S biotech company ZS Pharma ZSPH.7 billion, pipping Swiss firm Actelion ATLN.
That will be followed by walkouts on short-haul flights from Frankfurt and all flights from Duesseldorf between 0500 GMT and 2200 GMT (01:00 a.Should Lufthansa management not make concessions, the union will carry out a threat to stage more walkouts until Nov.
WASHINGTON (Reuters) - President Barack Obama formally notified the U.S.
DE) luxury diesel cars in Europe are fitted with the same software that American regulators say was used to cheat emissions tests in the United States, the carmaker said on Thursday.It declined to say how many cars in Europe were equipped with the software, in response to emailed questions, but did not rule out the U.
nonfarm productivity unexpectedly rose in the third quarter as a decline in self-employed workers contributed to overall hours worked falling for the first time in six years, restraining labor-related production costs.5 percent rate in the second quarter.
“When you combine that with the potential opening of the Japanese market, the elimination of the 70 percent tariffs on autos into Vietnam, the elimination of the 30 percent tariffs into Malaysia, plus the elimination of non-tariff measures that are quite extensive in Malaysia, the increased opportunity to actually export autos.It sets a local sourcing threshold of 35 to 45 percent for individually-traded auto parts.
N) said it had agreed to pay $57 million to settle a lawsuit in which employees accused the company of mismanaging their 401(k) retirement plan.The settlement amount is the second-highest ever in excessive 401(k) fee litigation, Schlichter Bogard & Denton, the law firm representing the employees, said in an emailed statement on Thursday.
applications for unemployment benefits last week recorded their largest increase in eight months, but remained at levels consistent with a fairly healthy labor market.Initial claims for state unemployment benefits increased 16,000 to a seasonally adjusted 276,000 for the week ended Oct.
As the crisis deepened, VW said it had told U.Previously the government had said it would review only nitrogen dioxide emissions from VW diesel cars.
economy is gaining some strength but a stronger dollar has already tightened financial conditions and the Federal Reserve’s first rate hike in nearly a decade will depend on incoming data, Fed Governor Lael Brainard said on Wednesday.central bank kept interest rates steady last week but left a December hike firmly in play, downplaying recent global financial market turmoil and arguing that the U.