Year: 2024

Energy giant Shell (NYSE:SHEL) on Friday said it expects to record a post-tax impairment hit of up to $2 billion mainly linked to its Singapore and Rotterdam plants, while also saying trading in its key gas division will decline on the quarter.This comes after Shell on Tuesday announced it would temporarily suspend on-site construction at its 820,000 metric tons a year biofuels facility in Rotterdam amid current market conditions. The decision has led the oil company to project it will book a non-cash post tax impairment between $600 million and $1 billion for the Rotterdam hub when it…

A large police force entered the Victoria Square encampment just after 5:15 a.m. Friday. About a dozen protesters were on site when officers intervened.

Two arrests have been made in connection with a deadly daylight stabbing at a subway station in Toronto last week, police say.

The car was travelling approximately 94 km/hr above the posted speed limit. Police attempted to conduct a traffic stop, vehicle fled.

Prescribing of testosterone for middle-aged women ’out of control’  The Guardian

Here are today’s Ottawa Sun letters to the editor.

Hurricane Beryl weakened slightly to a Category 2 storm as it headed for what could be a direct hit on Mexico’s Caribbean coast resort of Tulum early Friday.

Asia-Pacific markets were largely lower on Friday, with Japan’s Nikkei 225 paring gains after crossing the 41,000 mark and hitting fresh record highs.The Nikkei removed 1.28 points to 40,912.37. Japan’s household spending for May unexpectedly dipped 1.8% in real terms compared to the same period last year. Economists polled by Reuters had estimated a 0.1% rise.Household spending data is a key metric for the Bank of Japan’s to assess its goal of realizing a “virtuous cycle” of rising wages and prices.Average spending per household in May was 290,328 yen ($1,799.28), while average…

A winery of epic proportions is taking shape on a hillside in Lake Country with spectacular views of Okanagan Lake.Castanet got a sneak peek at O’Rourke Family Estate Winery, ahead of one of its first public events. It will be unveiling an outdoor amphitheatre with a concert series featuring Bar…

A man who lives near Kelowna’s Stephen Village housing project has launched a petition calling for facility operators to ban drug and alcohol use among residents.Tyler Zeeman lives near the supportive housing building at 2025 Agassiz Rd., near the Orchard Plaza Shopping Centre, and says he has w…