CBJ — Irving Oil of Saint John, New Brunswick is acquiring an Irish-based energy marketing and distribution group of companies. Irving has signed a deal with Tedcastle, which operates under the brand name Top Oil and is a leading supplier of home heating oil, petroleum and diesel fuel in Ireland. Top Oil recently expanded operations […]
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Wholesale Sales Down in June
Wholesale sales declined 0.8% in June to just over $63 billion according to figures released by Statistics Canada. The drop came as the motor vehicle and parts sub-sectors saw sales drop 1.9% to $10.9 billion. The miscellaneous subsector fell 2.2% to $8.2 billion on lower sales in the agricultural supplies industry. Overall, Statistics Canada says […]
Air Canada, et al, Acquire Aeroplan
CBJ — A business group led by Air Canada has reached a deal to acquire the Aeroplan loyalty program from Aimia Inc. The group, which includes TD Bank, CIBC and Visa Canada Corp., has agreed to pay $450 million in cash and assume nearly $2 billion in liability associated with Aeroplan miles that customers have […]
NVIDIA RTX Platform Brings Real-Time Ray Tracing and AI to Barrage of Blockbuster Games
NVIDIA RTX Platform Brings Real-Time Ray Tracing and AI to Barrage of Blockbuster Games Shared from The Canadian Business Journal Company Formations Canada Incorporation & Corporate Registry Services
10 Years in the Making: NVIDIA Brings Real-Time Ray Tracing to Gamers with GeForce RTX
10 Years in the Making: NVIDIA Brings Real-Time Ray Tracing to Gamers with GeForce RTX Shared from The Canadian Business Journal Company Formations Canada Incorporation & Corporate Registry Services
Volkswagen Recall
CBJ — German automaker Volkswagen must recall about 700,000 Tiguan and Touran cars worldwide due to a possible lighting defect. The news was first reported in the German trade magazine Kfz-Betrieb. The magazine reported that humidity can cause a short circuit at the panoramic roof’s light strip of the affected cars. A short circuit in […]
Inflation at 3% in July
CBJ — The national annual inflation rate in July hit its highest level in nearly seven years as gasoline prices and the cost of air transportation pushed prices higher. According to figures released by Statistics Canada the consumer price index for last month was up 3.0% on a year-over-year basis, compared with a 2.5% increase […]
PepsiCo Buys SodaStream for $3.2 Billion
CBJ — PepsiCo has spent $3.2 billion to acquire carbonated drink maker SodaStream. The decision to buy SodaStream was made as more consumers drink less traditional soda pop and instead are opting for flavoured water and other soft drinks. SodaStream is an Israeli-based company, which produces machines that allow people to make fizzy drinks in […]
Nemaska Lithium finalise une convention de vente de 5 ans avec Northvolt
QUÉBEC, 20 août 2018 (GLOBE NEWSWIRE) — Nemaska Lithium Inc. (” Nemaska Lithium ” ou la ” Société “) (TSX:NMX) (OTC:NMKEF) et Northvolt AB (” Northvolt “) sont heureuses d’annoncer la signature d’un contrat visant l’approvisionnement d’hydroxyde de lithium de qualité batterie par la Société à Northvolt. Le 27 avril 2018, Nemaska Lithium annonçait une entente de principe avec Northvolt. Cette entente est […]
Four Au/Ag Mineralized Trends Discovered on the La Tuna Property
TORONTO, Aug. 20, 2018 (GLOBE NEWSWIRE) — VVC Exploration Corporation (“VVC” or the “Company”) (TSX-V:VVC) announces that a third phase of exploration has defined 4 parallel to sub parallel, gold/silver mineralized zones / trends on the La Tuna Property (the “Property”), located in northern Sinaloa and Sonora states, Mexico. Rock sample and soil analysis, combined […]
