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European car companies act as cartel & collude together, lawmakers allege

cbc news - Mon, 07/24/2017 - 12:03

Volkswagen will hold a special supervisory board meeting on Wednesday to discuss allegations that German carmakers operated a wide-ranging cartel, a source familiar with the matter said on Monday.

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OPEC moves to cap Nigerian oil output, boost production cut compliance

cbc news - Mon, 07/24/2017 - 11:25

OPEC moved on Monday to cap Nigerian oil output and called on several members to boost compliance with production cuts to help clear excessive global stocks and support flagging prices.

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IMF downgrades outlook for British economy even as Europe growing faster than expected

cbc news - Mon, 07/24/2017 - 09:37

The International Monetary Fund has revised down its 2017 growth forecast for the British economy following a weak first quarter that suggested the country's exit from the European Union was starting to weigh on consumers and businesses.

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Taking flight: Loonie may top 80 cents for first time since 2015

cbc news - Mon, 07/24/2017 - 05:00

The Canadian dollar is flirting with 80 cents US, a level it hasn't touched since the summer of 2015.

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Greening Canada's oil could be good for business and the environment: Don Pittis

cbc news - Mon, 07/24/2017 - 05:00

Green oil may sound like an oxymoron, but making a transparent effort to cut carbon could give Canadian oil a strategic advantage in a global glut of fossil fuel.

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