MONTREAL — Bombardier says its new CSeries aircraft has received an independent environmental certification, confirming its promise of a commercial jet with a substantially lower carbon footprint.
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By Ross Marowits The Canadian Press
MONTREAL — A Montreal company is entering the competitive sports bra market by launching a smart technology product specifically targeting female runners.
OMbra contains sensors that read biometric signals such as heart rate, movement and breathing rhythms, which are streamed to an app that coaches runners to obtain optimal results.
MONTREAL — Bombardier’s railway division has won a $1.7-billion order to build 660 railway cars that will secure 1,000 jobs at its Derby facility in England.
Britain’s Department for Transport said the contract, awarded by government-selected railway operator Abellio, is part of a broader $2.4-billion effort to improve rail service in the region of East Anglia.
MONTREAL — Resolute Forest Products is permanently shutting one of its U.S. newsprint machines even though demand is showing signs of stabilizing after years of dramatic decreases.
The Montreal-based pulp, paper and lumber producer said a machine at its mill in Augusta, Ga., isn’t competitive because of the high U.S. dollar. About 100 jobs will be affected by the closure.
MONTREAL Bombardier may be struggling to sell its CSeries planes because of the high level of technology in the new narrowbody aircraft, the head of Delta Air Lines said Tuesday.
MONTREAL Canadian Pacific Railway has asked the U.S. Department of Justice to get involved in its battle to acquire Norfolk Southern.
The Calgary-based railway wants U.S. antitrust authorities to conduct a review of what it alleges is an illegal co-ordinated effort by major U.S. railroads to block industry consolidation, including its proposed takeover of the Virginia rail company.
MONTREAL Resolute Forest Products is stepping up efforts to counter dwindling demand for paper by accelerating its entry into the North American tissue business.
MONTREAL Shares in Bombardier Inc. (TSX:BBD.B) soared more than 22 per cent in heavy trading Wednesday as investors reacted to reports that a Chinese company had made an offer to buy the Quebec-based company’s rail division.