Thailand’s SSI to buy UK plant mothballed by Corus

A man steers a kite buggy on the beach in front of Corus's mothballed steelworks at Redcar in north-east England. Photo: APTeesside Cast Products was partially closed down in February after a consortium of international investors pulled out of a legally-binding 10-year contract. More than 1,000 workers lost their jobs and fears were growing that hundreds more people would be made redundant if the plant was not sold.Thai steel company SSI has now signed a memorandum of understanding with Corus to buy the plant for $500m (£320m), which would see...

PNE employee taken to hospital after drinking poisoned water

A PNE employee became ill and was taken to hospital Thursday after buying and drinking a bottle of Dasani water at Hunky Bill's and Barnacle Bill's concession stand. Authorities are investigating.A Pacific National Exhibition employee was taken to hospital Thursday night after buying and drinking a bottle of water at the fair poisoned with what is thought to be ammonium chloride.Just after 11 p.m., the PNE employee experienced dizziness and muscle weakness and was taken to hospital 30 minutes after drinking a bottle of water from Hunky Bill's...

Spending abroad raises travel deficit

Canadians travelling to other countries pushed the international travel deficit to a record level.A jump in spending by Canadians travelling outside the country pushed the international travel deficit to a record $3.5 billion in the second quarter of this year, Statistics Canada reported Friday.The deficit was up from $464 million in the previous quarter and reached the highest level since the federal agency began keeping records in 1972.Canadians spent $7.5 billion abroad between April and June, up 5.9 per cent from the first quarter -- the biggest...

Spending abroad raises travel deficit

Canadians travelling to other countries pushed the international travel deficit to a record level.A jump in spending by Canadians travelling outside the country pushed the international travel deficit to a record $3.5 billion in the second quarter of this year, Statistics Canada reported Friday.The deficit was up from $464 million in the previous quarter and reached the highest level since the federal agency began keeping records in 1972.Canadians spent $7.5 billion abroad between April and June, up 5.9 per cent from the first quarter -- the biggest...