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WASHINGTON – U.S. employment gains surged in February, the clearest sign yet of labour market strength that could further ease fears the economy was heading into recession and permit the Federal Reserve to gradually raise interest rates this season. Nonfarm payrolls increased by 242,000 jobs recently, the Labor Department said on Friday. The unemployment rate held at an eight-year low ...

The market for transatlantic flights will be “ultra-competitive” come july 1st with 15.5 per cent more capacity on Canada-to-Europe routes, based on a brand new analysis by National Bank. London will be the most competitive market undoubtedly, with WestJet Airlines Ltd. launching flights from six Canadian cities in the spring and Air Canada increasing its ability to the city by ...

Boeing Co. has developed a new product to tackle a fundamental fear for flying germophobes: airliner lavatories that turn into virtual petri dishes during long-range trips. A huge safety issue’: Canada needs standards to prevent cramming too many people on flights, advocate says An airline passenger advocate says Canada need to look at establishing seat-size standards for commercial airlines Read ...

An Alaskan company engaged in distributing liquefied gas has applied for an export permit to the National Energy Board, contributing to the growing list of companies seeking to ship surplus Canadian natural gas to energy-hungry markets. Anchorage-based Crowley Holdings Inc. plans to export around 10 billion cubic feet of natural gas annually for 25 years. In its application filed March ...

Mira’s nose is really sensitive that they can smell sick citrus trees, and U.S. orange growers are hoping her super sniffer can help combat one of the biggest threats ever for their crop. The government has trained 10 dogs including Mira – a 32- month-old German Shepherd-Belgian Malinois mix – to recognize a bacteria that has been killing citrus trees ...

Massive short covering. That was the explanation one investment adviser gave the other day when trying to explain the sharp play the proportion cost of Enbridge dads and moms following a massive $2.3 billion equity financing. That financing, announced following the markets closed on Feb. 24, was larger than previous Enbridge financings, was costing a considerable discount (5.7 percent) and ...

Oil is pulling away from the market’s biggest storm in seven years. A way of measuring price volatility has tumbled in the highest level since January 2009 because the market frenzy eases amid a potential pact between your world’s largest producers to freeze output. Investors in February fixated how and when Saudi Arabia would engage other producers clamoring for a ...

TORONTO/WINNIPEG – Metal and mineral explorers battered by a protracted price slump are still out of favor with investors, however the recent uptick in bullion prices and a few tie-ups with larger miners are offering juniors a glimmer of hope. The ray of optimism may come as the world’s mining sector prepares for its largest annual gathering, the Prospectors and ...