By Rod Nickel WINNIPEG, Manitoba (Reuters) – The Canadian government-owned Trans Mountain oil pipeline is expected to cost C$12.6 billion ($9.47 billion) to expand, a sharp increase from the previous estimate of C$7.4 billion, the pipeline company’s chief executive said on Friday. Trans Mountain Corporation CEO Ian Anderson said the increase was due to court […]
BEIJING (Reuters) – Growth in China’s services sector slowed for a second straight month in January, a traditionally busy sales season, hitting a three-month low as companies cut prices and new orders dipped, a private sector survey showed on Wednesday. The Caixin/Markit services purchasing managers’ index (PMI) slowed to 51.8 last month from 52.5 in […]
Virgin Media and O2 are to join forces in a UK merger that will create a £31bn company, their parent firms have announced. US media firm Liberty Global, the owner of the Virgin Media cable TV and broadband provider, said the agreement would unlock a £10bn investment in the UK market over five years once […]
