The Daily Chase: Markets point to red open; Gibson Energy looks to expand in U.S. Gulf Coast
BNN Bloomberg
North American equity market futures are pointing to a lower open as investors digest the latest commentary out of the U.S. Federal Reserve.
OTTAWA HALTS INVOLVEMENT WITH ASIAN INFRASTRUCTURE BANK
The federal government is putting its relationship with the Asian Infrastructure Investment Bank on ice while it investigates claims the institution is subject to substantial interference from Beijing. Speaking to reporters yesterday, Deputy Prime Minister and Finance Minister Chrystia Freeland said Canada will “immediately halt” government-led activity at the bank as the allegations are reviewed. Freeland’s declaration came on the heels of the public resignation of the AIIB’s global head of communications, Bob Pickard – a Canadian – who accused the bank of being “dominated” by Communist Party members, a claim the Chinese embassy flatly denies.
GIBSON ENERGY BETS BIG ON THE GULF COAST
