Reuters — TCI Fund Management said on Thursday Canadian National Railway’s search for a new chief executive officer should be delayed until shareholders at the nation’s top rail operator vote […] Read more
Hedge fund TCI seeks delay in CN CEO search
Korea suspends Canadian beef imports after BSE case
No other countries yet considering suspensions, CFIA says
Winnipeg | Reuters — South Korea has suspended beef imports from Canada, which last week reported its first case of bovine spongiform encephalopathy (BSE) in six years, the Canadian Food […] Read more
Vena withdraws as candidate for CN CEO role
Reuters — Canadian National Railway said on Monday Jim Vena, who was backed by a group of investors to lead the country’s largest railway operator, had pulled out of the […] Read more
U.S. grains: Soy, corn set multi-month highs
South American crop uncertainty, chart-based buying are factors
Chicago | Reuters — U.S. soybean futures closed higher on Friday, hitting a 2-1/2 month top on worries about South American crop weather coupled with chart-based buying, traders said. Corn […] Read more
Claas sees more semiconductor chip snags in 2022
'It's going to be a tough next six months'
Paris | Reuters — Agricultural machinery maker Claas said Thursday it expects difficulties in securing semiconductor chips to persist for the first half of next year, which could curb a […] Read more
U.S. grains: CBOT wheat nears two-month low
Corn declines; soy ends firm
Chicago | Reuters — U.S. wheat futures fell nearly four per cent on Wednesday and European wheat fell three per cent as a bumper Australian harvest and signs of continued […] Read more
Spy agency sees ransomware attacks soaring
Aggressive hacking expected to increase
Ottawa | Reuters — Global ransomware attacks increased by 151 per cent in the first half of 2021 compared with 2020 and hackers are set to become increasingly aggressive, Canada’s […] Read more
CNH buys software house NX9 to bolster ag business
Milan | Reuters — CNH Industrial has bought software engineering firm NX9, it said on Thursday, in a further step to boost digital innovation in its agricultural division as it […] Read more
CN rerouting trains, aims to re-open line to Vancouver on weekend
Reuters — Canadian National Railway (CN) said Wednesday it was aiming to reopen its track in the crucial Kamloops-to-Vancouver corridor in flood-hit British Columbia this weekend. The Pacific province, trying […] Read more
British Columbia braces for more heavy rain
Ottawa | Reuters — British Columbia is facing more heavy rains as the province tries to recover from massive floods and mudslides, Public Safety Minister Mike Farnworth told reporters on […] Read more