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Canada-owned Trans Mountain oil pipeline not profitable -budget officer

June 22 (Reuters) – The Canadian government-owned Trans Mountain oil pipeline is no longer profitable after cost over-runs and delays to its expansion project, the country’s parliamentary budget officer (PBO) said on Wednesday. A report from PBO Yves Giroux said the pipeline has a net present value of negative C$600 million (negative $463.03 million), based …

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Exclusive: Inside the hangar at the center of the $1 billion Airbus-Qatar jet dispute

DOHA, June 22 (Reuters) – Two high-tech Airbus A350 jets sit idle with their windows taped and engines covered in a floodlit hangar in the Gulf, hobbled by an international legal dispute between European industrial giant Airbus (AIR.PA) and Qatar’s national carrier. From a distance, the planes might seem like any other long-haul jetliners crowding …

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Canada to ban making, importing many single-use plastics from Dec

A customer leaves a Sobeys grocery store carrying plastic bags in Ottawa, Ontario, Canada, July 31, 2019. REUTERS/Chris Wattie Register now for FREE unlimited access to Reuters.com Register June 20 (Reuters) – The government of Canada on Monday published final regulations to prohibit “harmful” single-use plastics, with a ban on manufacturing and importing most of …

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Yellowstone closed for first time in 34 years amid flooding, mudslides

CODY, Wyo., June 13 (Reuters) – Record flooding and rockslides unleashed by an unprecedented burst of heavy rains prompted the rare closure on Monday of all five entrances to Yellowstone National Park at the start of the summer tourist season, the park superintendent said . The entire park, spanning parts of Wyoming, Montana and Idaho, …

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Wildfires ravage woods in Spain’s Catalonia as heat-wave bites

ARTESA DE SEGRE/TOLEDO, Spain, June 16 (Reuters) – Three wildfires have laid waste to 1,600 hectares (3,950 acres) of pines and bushes in eastern Spain since Wednesday as a heatwave pushes temperatures close to record highs, regional firefighters said on Thursday . Hundreds of firemen were on the ground battling the blazes with 120 trucks …

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Rare Yellowstone closure from historic floods spells hardship for ‘gateway’ towns

CODY, Wyo., June 14 (Reuters) – Emergency crews scrambled on Tuesday reopening roads and restore utilities in rural communities of Montana and Wyoming cut off by historic floods in the first natural disaster to force a summertime closure of Yellowstone National Park in 30 years. Major sections of the park’s northern half are expected to …

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