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BERLIN — Almost 300 institutional investors in Volkswagen have filed a multi-billion euro suit against the carmaker for which they see as breaches of their capital markets duty within the emissions scandal, what the law states firm representing them said. The lawsuit, for damages of 3.256 billion euro (US$3.61 billion), was filed at a regional court in Braunschweig in VW’s ...

Should Alberta’s oil dependent government start hedging to safeguard its revenue? Alberta government’s policies are undermining business amid downturn, employers’ group says An alliance of employer organizations is asking for a meeting with Alberta Premier Rachel Notley to discuss what it calls the ‘dire economic situation’ in the province Read more With its budget deficit swelling and oil boom-and-bust cycles ...

The current directors of recent Millennium Iron Corp. will keep their jobs after they narrowly fended off a dissident shareholder group inside a proxy fight. The existing board was backed by 58.23 per cent of shareholder votes cast in a special meeting in Toronto on Tuesday morning, as the dissidents received 41.77 percent, according to a preliminary count. The dissidents, ...

“Exciting!” is not a word that many would use to explain the oil and gas business nowadays. Not with low commodity prices. And never with the assault on non-renewable fuels by energy systems powered by renewables. But it’s true: amidst the depressing news of layoffs and spending cuts, “exciting” was the word I heard many times at a small breakfast ...

CALGARY C Alberta’s energy minister linked British Columbia’s support for the Trans Mountain pipeline expansion to Alberta’s support for any B.C. Hydro electric dam throughout a speech Tuesday. Minister Marg McCuaig-Boyd said it is possible for pipeline giant Kinder Morgan Inc. to deal with British Columbia’s concerns over its intend to expand a pipeline network between Alberta and metro Vancouver ...

Victoria Gold: Cash and Gold in the Yukon Junior gold explorers have had a rough couple of years. Gold prices were down and the market seemed skeptical that gold would ever rise again. Which meant many junior explorers, despite very prospective properties and 43-101 resources, found themselves running out of money. Hunkering down and hoping for a gold turnaround was ...

With the votes in for the “Super Tuesday 2” primaries, we’re closer than ever before than narrowing which candidates is going to be competing in November to make life worse for Canadians. Because, regardless of who is ultimately elected, the present trend in the U.S. is for a significantly different coalition of interests both in parties – each one of ...

FRANKFURT/LONDON – Deutsche Boerse AG and London Stock Exchange Group Plc (LSE) agreed to combine inside a US$30-billion deal to produce a European trading powerhouse able to better compete with U.S. rivals encroaching on their turf. But the offer, which marks a third attempt to link the Frankfurt and London exchanges, may prompt antique dealer war after New York Stock ...