Global Markets: Verizon appoints new CEO

By Dave Sims, Commodity News Service Canada WINNIPEG, June 8 (CNS) – Apple will scale back the number of smartphones it makes each year. The move is being made in response to weakening demand for the company’s iPhone. Apple says it plans to ship 20 per cent fewer iPhones this year than last year. Telecommunications […] Read more


SNC-Lavalin awarded C$1.9 billion contract

By Dave Sims, Commodity News Service Canada WINNIPEG, June 7 (CNS) – A Canadian company has been selected to design and build a chemical plant in Oman to the tune of C$1.9 billion. Montreal-based SNC-Lavalin Group Inc. is an engineering and construction company that does business in North America and throughout the world. According to […] Read more

Global Markets: Air Canada gets Chinese partner

By Dave Sims, Commodity News Service Canada WINNIPEG, June 6 (CNS) – Air Canada is expanding its presence in China. The company is formally entering into a partnership with Air China. Air Canada said the move would help the two airlines better coordinate connecting flights in the two countries. The venture is expected to be […] Read more