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Most Beer Makers Likely Exploring Pot Plays


Posted by April Fong

on Monday, 09 July 2018 16:00

Molson CEO

A former president and chief executive officer of Molson Inc. says most big brewers are likely exploring cannabis investments as they seek to stem declining sales amid fierce competition from craft beer makers.

“The youth that manages some of the beer companies will be much more open to do that. The older board members will probably be a little more hesitant,” Daniel O’Neill said in an interview with BNN Bloomberg Wednesday, when asked about the prospect...Click here for complete article



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Energy & Commodities

Shell Ramps Up in Kitimat, Raising Canada’s $30B LNG Hopes


Posted by Natalie Obiko Pearson

on Monday, 09 July 2018 15:38

newLNG

A flurry of activity is raising optimism that Royal Dutch Shell Plc and its partners are ready to go ahead with the nation's largest infrastructure project: a $40 billion liquefied natural gas terminal that could at last unlock energy exports to Asia.

“I would put money on it — it’s going ahead,” says Phil Germuth, mayor of Kitimat, who recently hosted a banker from Barclays Bank Plc visiting from the U.K. to examine the project. Germuth also met a group of officials reporting to the board of Mitsubishi Corp., one of the project’s five partners, who visited the site in May.

LNG Canada, as the project is called, is stunning in scale. It proposes to eventually ship as much as 28 million tons a year out of Kitimat, the equivalent of 10 per cent of global LNG supply in 2017, according to reports by.... CLICK for the complete article



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Stocks & Equities

Investors Are Punishing Twitter For Suspending Accounts


Posted by Elizabeth Balboa

on Monday, 09 July 2018 15:16

twitterdollar

In an effort to weed out the fakes and stop the spread of disinformation, Twitter Inc management has more than doubled its account suspension rate since October of last year.The firm suspended more than 70 million accounts in May and June and was sustaining its pace in July, according to a Friday report by.... CLICK for the complete article



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Energy & Commodities

Syncrude to Ramp Up to Full Production


Posted by Canadian Press

on Monday, 09 July 2018 14:54

syncrude

Suncor Energy Inc. says production at the Syncrude oilsands complex is expected to ramp up to full production in early to mid-September after a power disruption in June that shut down operations.

The company, which holds a 58.7 per cent stake in the partnership, says a preliminary investigation indicates the disruption was caused by a transformer malfunction the cut power on June 20.... CLICK for complete article



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Gold & Precious Metals

Rising Temperatures Can Fry The Economy


Posted by Brian K Sullivan

on Friday, 29 June 2018 15:05

heat and productivity

Temperatures will soar across much of the U.S. the next few days, approaching 100 degrees Fahrenheit (38 Celsius) from Chicago to New York as the summer’s first heat wave takes hold and spurs electricity demand. Heat affects more than daily life, it also has a huge impact on business and economic output... CLICK to watch the video



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