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$30M lawsuit over plane payments ‘premature at best,’ top Flair Airlines investor says

by Anas Siddiqui
M lawsuit over plane payments ‘premature at best,’ top Flair Airlines investor says

A key Flair Airlines investor says a $30-million lawsuit filed against it by plane-leasing firms over claims of missed payments is “premature at best.” Miami-based 777 Partners, which owns one-quarter …

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Who is attacking ships in the Red Sea and why?

by Walter Watson
Who is attacking ships in the Red Sea and why?

Attacks on commercial ships near the Middle Eastern country of Yemen have forced huge freight companies to change or pause their movements on one of the world’s busiest shipping routes. Who is launching these …

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We should have been here 10 years ago, says Big Oil at COP28

by Walter Watson
We should have been here 10 years ago, says Big Oil at COP28

As the curtains are set to close on COP28, the oil and gas industry remains firmly in the crosshairs as nations deliberate whether an agreement can be reached to phase …

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Binance’s Canadian CEO steps down, pleads guilty to breaking anti-money laundering laws

by Walter Watson
Binance’s Canadian CEO steps down, pleads guilty to breaking anti-money laundering laws

Binance chief Changpeng Zhao stepped down and pleaded guilty to breaking U.S. anti-money laundering laws as part of a $4.3 billion US settlement resolving a years-long probe into the world’s largest …

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Some MPs are calling on Ottawa to take a bigger bite out of fossil fuel companies’ profits

by Anas Siddiqui
Some MPs are calling on Ottawa to take a bigger bite out of fossil fuel companies’ profits

With their high greenhouse gas emissions and record profits, oil and gas companies are facing new pressure across party lines on Parliament Hill. That pressure includes accusations of price “gouging” and …

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St. Lawrence Seaway workers begin strike action, union says

by Anas Siddiqui
St. Lawrence Seaway workers begin strike action, union says

The St. Lawrence Seaway has shut down as hundreds of workers walked off the job Sunday. The halt is expected to affect cargo shipments immediately along the artery that runs …

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