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Shell Greenlights $33B LNG Canada Phase 2, Doubling Export Capacity to 28 Mtpa
Shell approves $33 billion LNG Canada Phase 2 expansion on September 29, doubling facility capacity to 28 mtpa by early 2030s. Meyka grades SHEL as A-rated Buy with 12-month forecast at $91.95.
Trump Pursues ‘Massive’ Belarus Potash Deal to Undercut Canada on September 22
Trump says U.S. working on major potash deal with Belarus at lower prices than Canada. Canada supplies 79% of U.S. potash imports. Belarusian leader says limited volumes available.
Trump’s Tariff Win: Court Backs De Minimis Exemption Removal on August 14
U.S. trade court upholds Trump’s removal of de minimis tariff exemption on August 14. Canadian firms brace for 50% tariffs starting August 19 as negotiations stall over lumber and alcohol.
Goodwin Mulls Sale of Defence Engineering Division Supplying Submarine and Warship Components
On August 7, 2026, British engineering company Goodwin confirmed it is reviewing options for its defence engineering division, including the possible sale of a substantial part of the business. The division supplies critical components for UK and U.S. submarines and warships, making the announcement one of the most closely watched developments in the defence sector….
Holidays Disrupted as 11 UK Travel Companies Collapse in Recent Months
UK travel firms have collapsed at an alarming rate in 2026. Since January, 11 operators have entered liquidation or ceased trading, according to industry reports. The wave spans coach tours, cruise specialists, and flight-and-hotel package providers. Thousands of holidaymakers now face cancelled trips and refund battles, while the sector confronts its sharpest instability in years….
HSBC (LSE: HSBA) to Sell Singapore Insurance Unit for £1.6B, Signs 15-Year Allianz Partnership
HSBC agreed to sell its Singapore life and health insurance business to Allianz on July 24, 2026. The deal values HSBC Life Singapore at S$2.7 billion, or roughly £1.6 billion. It will also enter a 15-year exclusive bancassurance partnership with the German insurer. The transaction generates a pre-tax gain of $1.8 billion and lifts HSBC’s…
Barclays Plc Trading Chief Pushes Team to Close Gap With Wall Street
Wall Street banks continue to widen their lead in global trading, increasing the pressure on European competitors. On July 24, 2026, reports said Barclays Plc’s trading chief asked staff to narrow the performance gap with major U.S. banks after another strong quarter for the industry. Higher market volatility, steady deal activity, and strong client demand…
Trump Imposes 50% Tariffs on Canada as Hoekstra Signals Oil Opportunity
Trump imposes 50% tariffs on CAD 20 billion of Canadian goods starting August 19, while U.S. Ambassador Hoekstra pitches Alberta oil to meet U.S. demand for 3-4 million barrels daily.
Trump Imposes 50% Tariffs on Canadian Goods Starting Aug. 19
Trump imposes 50% tariffs on Canadian goods including wine, hockey sticks, and cement, effective Aug. 19. The move covers nearly US$20 billion in exports and breaks USMCA protections.