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Indian court orders arrest of airline owner

Indian court orders arrest of airline owner

An Indian court Friday ordered the arrest of the high-flying owner of Kingfisher Airlines for bouncing cheques, adding to the beleaguered airline's woes as its struggles to resume flights that have been grounded since the start of the month.

Ecolab lining up $2.2-billion deal

Ecolab, the cleaning, food safety and pest-control services company, is buying the specialty chemical company Champion Technologies in a cash-and-stock deal valued at about $2.2 billion. Ecolab chairman Douglas Baker Jr.

Bombardier expands in India

Bombardier is expanding its business-jet repair capabilities in India.

David foster adds key members

Rebecca MacDonald, founder of Toronto-based Just Energy Group, and Levi Sampson, co-owner of the Harmac Pacific mill in Nanaimo and part owner of CHEK Television, have been named to the board of directors of the David Foster Foundation.

Cooper pacific adds offering

Victoria-based Cooper Pacific has launched First Mortgage Investment Corp. The new investment product follows its second mortgage MIC and blended mortgage MIC. All three are eligible for RRSP, RRIF and TFSA accounts.
Builders of beautiful bagels

Builders of beautiful bagels

Mount Royal bakery marks 20 years by continuing to keep it simple
Record profits for U.S. banks

Record profits for U.S. banks

Two of the United States' biggest banks, Wells Fargo and JPMorgan Chase, made record profits over the last three months from a sharp rise in mortgage lending, though performance stumbles elsewhere left investors worried about how long those profits c

Regulator charges TransCanada broke rules

The National Energy Board is auditing TransCanada Corp.'s natural gas pipeline inspection procedures after an employee raised concerns the company was breaking its own rules as well as those of regulators.
Toyota acts fast in latest recall, citing costly mistakes in U.S

Toyota acts fast in latest recall, citing costly mistakes in U.S

Toyota executives were unfazed Thursday by the overnight recall of 7.
Where olive oil comes alive

Where olive oil comes alive

Tasting bar opening in the Hudson