News

Alberta Proposes New Oil Pipeline

The Premier of British Columbia said that “The problem that we have is Smith continues to advance a project that is taxpayer-funded, has no private sector proponent, is not a real project and is incredibly alarming to British Columbians, especially First Nations along the coast,” as quoted by Global News.

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BlackRock Eyes $38 Billion Acquisition of Power Utility Major

Media reports on the news cited sources in the know that remained unnamed and that said the deal included AES’s substantial debt load, at $29 billion, per the Financial Times. Its market capitalization, on the other hand, was valued at $9.4 billion at the time the first reports about the talks surfaced. Later, Reuters said AES’s market cap has risen to $10.94 billion, giving the potential deal a total value of over $40 billion.

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