MONTREAL — Resolute Forest Products Inc. has signed a deal to sell its recycled bleached kraft pulp mill in Fairmont, W.Va., for US$55 million.
The company says ND Paper LLC, a subsidiary of Nine Dragons Paper (Holdings) Ltd., has agreed to buy the mill.
Nine Dragons has nine paper mills in Asia as well as two U.S.-based facilities.
VANCOUVER — The Canadian province of British Columbia has launched a proposed class-action lawsuit against dozens of pharmaceutical companies, alleging they falsely marketed opioids as less addictive than other pain drugs and helped trigger an overdose crisis that has killed thousands.
GENEVA—A trade dispute over glossy paper will continue with an appeal to the World Trade Organization, even though the United States announced last month that it had ended countervailing duties on Canadian producers.
GENEVA — A trade dispute over glossy paper will continue with an appeal to the World Trade Organization, even though the United States announced last month that it had ended countervailing duties on Canadian producers.
CALGARY—The National Energy Board says crude-by-rail exports from Canada set another record in June, rising to 204,558 barrels per day.
That's up almost three percent from 198,800 in May and 86 percent from 109,500 in June 2017.
ORLANDO, Fla.—The Walt Disney Co. is offering to pay full tuition for hourly workers who want to earn a college degree, finish a high school diploma or learn a new skill, the entertainment giant said yesterday.
As many as 80,000 hourly workers in the United States could be eligible for the program, which pays upfront tuition for employees taking online classes starting this fall.
OAKVILLE, Ont.—Ford is recalling the charging cords for more than 50,000 plug-in hybrid and electric cars in North America, including 1,327 in Canada, because they could cause fires in electrical outlets.
The company said the 120-volt cords came with certain 2012 through 2015 Focus electrics and some 2013 through 2015 Fusion Energi and C-Max Energi plug-in hybrids.
CALGARY — The National Energy Board says crude-by-rail exports from Canada set another record in June, rising to 204,558 barrels per day.
That’s up almost three per cent from 198,800 in May and 86 per cent from 109,500 in June 2017.
COPENHAGEN — Danish shipping group A.P. Moller-Maersk said Thursday it will send a cargo vessel through the Russian Arctic for the first time as a result of melting sea ice.
Janina von Spalding, spokeswoman for the world’s biggest shipping company, said the new ice class container vessel, Venta Maersk, would embark on trial journey in the Arctic route over Russia next month.
After more than a century behind bars, the beasts on boxes of animal crackers are roaming free.
Mondelez International, the parent company of Nabisco, has redesigned the packaging of its Barnum's Animals crackers after relenting to pressure from People for the Ethical Treatment of Animals.
