January 26th, 2015

Business

Aer Lingus confirms new takeover bid by British Airways parent IAG, considers improved offer

By The Associated Press on January 26th, 2015

DUBLIN – Aer Lingus has confirmed that British Airways parent IAG has made an improved takeover offer of 2.55 euros ($2.85) per share, and the board of the Irish airline says it is seriously considering the proposal. The Dublin-based airline unveiled details of the offer in a statement Monday to the Irish Stock Exchange. The ... Read More »

Be the first to comment!

Budget airline AirAsia scraps fuel surcharges on all flights as oil price plummets

By The Associated Press on January 25th, 2015

KUALA LUMPUR, Malaysia – Southeast Asia’s biggest budget carrier AirAsia is scrapping fuel surcharges on tickets following the decline in global oil prices. AirAsia said the move also applies to flights under its long-haul arm AirAsia X. Oil prices are now below $50 per barrel after 6 months of declines, pushing down jet fuel prices. ... Read More »

Be the first to comment!

NFL, YouTube partner to post official clips and other programming to popular video site

By Dave Campbell, The Associated Press on January 25th, 2015

Searching for Super Bowl highlights next week after the big game? They’ll be available, legally, straight from the source. The NFL has protected its video as fiercely as any league, pushing most users to its website or to its broadcast partners. On Monday, the league and YouTube announced a partnership between two of the most ... Read More »

Be the first to comment!

Blizzard warnings issued in Northeast as forecasters predict 2 to 3 feet in some areas

By Verena Dobnik, The Associated Press on January 25th, 2015

NEW YORK, N.Y. – A “potentially historic” storm could dump 2 to 3 feet of snow from northern New Jersey to Massachusetts starting Monday, crippling a region that has largely been spared so far this winter, the National Weather Service said. A blizzard warning was issued for a 250-mile stretch of the Northeast, including New ... Read More »

Be the first to comment!

Radical Greek party wins election, threatening renewed global market turmoil

By Elena Becatoros, Nicholas Paphitis And Demetris Nellas, The Associated Press on January 25th, 2015

ATHENS, Greece – A radical left-wing party vowing to end Greece’s painful austerity program won a historic victory in Sunday’s parliamentary elections, setting the stage for a showdown with the country’s international creditors that could shake the eurozone. Alexis Tsipras, leader of the communist-rooted Syriza party, immediately promised to end the “five years of humiliation ... Read More »

Be the first to comment!

Tech treats hundreds to free coding camp to prompt digital literacy

By Tamsyn Burgmann, The Canadian Press on January 25th, 2015

VANCOUVER – Squamish Nation member Khelsilem is fluent in his native tongue and passionately spearheading a project to revitalize indigenous languages. But he wants to turbocharge his linguistic proficiency by learning an entirely new and universal language – computer coding. The 25-year-old from North Vancouver plans to preserve and share the Squamish and Downriver Halkomelem ... Read More »

Be the first to comment!

‘American Sniper’ holds top spot at weekend box office over ‘Boy Next Door,’ ‘Mortdecai’

By Derrik J. Lang, The Associated Press on January 25th, 2015

LOS ANGELES, Calif. – “American Sniper” hit the mark with moviegoers again. The Navy SEAL drama starring Bradley Cooper topped the box office for a second weekend in a row with $64.4 million, according to studio estimates Sunday. The total haul for the Warner Bros. film now stands at $200.1 million. The Universal thriller “The ... Read More »

Be the first to comment!

Fast talks free trade in Kyiv as fighting intensifies in eastern Ukraine

By The Canadian Press on January 25th, 2015

KYIV, Ukraine – International Trade Minister Ed Fast will be in Kyiv for two days of meetings as fighting intensifies between Ukrainian forces and pro-Russian separatists in the east of the embattled country. Fast, who arrived Sunday and has been to Ukraine twice is the last six months, is there to talk free trade his ... Read More »

Be the first to comment!

TSX looks to build on solid gain, traders eye earnings, economic growth data

By Malcolm Morrison, The Canadian Press on January 25th, 2015

TORONTO – The Toronto stock market will try to maintain positive momentum this week amid a raft of top-drawer economic data and earnings from the Canadian corporate sector. Traders will take in the latest economic growth figures for both Canada and the United States while hoping for hints about the pace of interest rate hikes ... Read More »

Be the first to comment!

LNG pipeline deals with B.C. nets First Nation millions of dollars

By The Canadian Press on January 23rd, 2015

VICTORIA – Millions of dollars are expected to flow to a First Nation in British Columbia’s northwest as a result of two new deals tied to proposed liquefied-natural-gas pipelines. The Ministry of Aboriginal Relations and Reconciliation says it has signed benefits deals with the Moricetown Band. One deal is tied to TransCanada’s proposed Coastal GasLink ... Read More »

Be the first to comment!