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Tuesday, May 29, 2018

Canada to buy Kinder Morgan pipeline in bid to save project

OTTAWA/WINNIPEG (Reuters) - Canada will buy Kinder Morgan Canada Ltd's Trans Mountain pipeline for C$4.5 billion ($3.5 billion), the government said on Tuesday, in hopes of saving the project that faces formidable political and environmental opposition.


from Reuters: Business News https://ift.tt/2JfslAU

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Rates low for too long, says ex-Bank of England boss

Lord Mervyn King says inflation has now been tamed and interest rates are "in the right ballpark". from BBC News https://ift.tt/...