Top Stories: United States energy company Exxon Mobil has agreed to supply Tokyo Electric Power Co with gas from its Liquefied Natural Gas project in Papua New Guinea. Big News Network.com Mon, 07 Dec 2009 05:07:45 -0500Many workers in the UK believe they will be forced into making larger contributions to their final-salary pension schemes. Big News Network.com Mon, 07 Dec 2009 05:02:05 -0500China's Association of Automobile Manufacturers have forecast that eventual sales and production of vehicles for the whole year will exceeded a record 12 million units each. Big News Network.com Mon, 07 Dec 2009 04:53:05 -0500The BBC has reported that occupational therapists are complaining about the large variation in the amount of time that doctors will allow patients to say away from work. Big News Network.com Mon, 07 Dec 2009 04:46:15 -0500UK singer Susan Boyle is still at the top spot in the album charts with her debut release "I Dreamed a Dream."... Big News Network.com Mon, 07 Dec 2009 04:39:45 -0500Mining companies Rio Tinto and BHP Billiton have signed binding agreements to combine West Australian iron ore assets. Big News Network.com Mon, 07 Dec 2009 04:32:40 -0500Overall production at the Rosneft Angarsk petrochemical unit in Russia appears to be normal, after a blast in which one person died. Big News Network.com Sun, 06 Dec 2009 20:55:05 -0500Somalian pirates have been able to buy expensive properties in their own country due to ransoms being paid. Big News Network.com Sun, 06 Dec 2009 20:48:47 -0500Kuwait's sovereign investment fund has sold its stake in US banking giant Citigroup. Big News Network.com Sun, 06 Dec 2009 20:37:43 -0500London, December 7 : Robert Pattinson may end up with a multi-million pound share of earnings from the latest project in the hit Twilight series. ANI Mon, 07 Dec 2009 06:10:13 -0500WASHINGTON - The Environmental Protection Agency has concluded greenhouse gases are endangering people's health and must be regulated, signaling that the Obama administration is prepared to contain g... Star Tribune Mon, 07 Dec 2009 11:03:15 -0500Andrei Galaev has been appointed Chief Executive Officer (CEO) of Sakhalin Energy Investment Company Ltd. (Sakhalin Energy) with effect from December 7. Galaev's previous position with the Company was... Rigzone Mon, 07 Dec 2009 11:01:51 -0500WASHINGTON, DISTRICT OF COLUMBIA--(Marketwire - Dec. 7, 2009) - Futures are red leading off the week's trading this morning. Our team is following Bank of America, Citigroup and Sprint Nextel this mor... Market Wire Mon, 07 Dec 2009 10:58:37 -0500AGHD ) AuGRID Global Holdings Corporation announces today that it finalized a purchase agreement to acquire First Wall Street Group Inc. (FWSG). The Company also intends to update their status and ... Market Wire Mon, 07 Dec 2009 10:58:19 -0500NEW YORK (MarketWatch) -- The utilities and telecommunications sectors led U.S. stocks higher Monday, though the gains were held in check by concerns over whether interest-rate increases could come so... MarketWatch Mon, 07 Dec 2009 10:57:36 -0500BOSTON (MarketWatch) -- Drug stocks mostly hugged the flat-line early Monday while shares of Amgen Inc. gained on news that its board had authorized another $5 billion stock buyback. The NYSE Arc... MarketWatch Mon, 07 Dec 2009 10:57:34 -0500NEW YORK (MarketWatch) -- Shares of natural gas producers and drilling firms took the lead higher on Monday, while equities tied to the petroleum business traded flat on weaker oil prices. MarketWatch Mon, 07 Dec 2009 10:57:32 -0500NEW YORK (MarketWatch) -- Airline stocks dipped Monday following a two-week surge in gains that came with investor enthusiasm over a recovering economy. MarketWatch Mon, 07 Dec 2009 10:57:31 -0500Kuwait's sovereign wealth fund has sold its stake in the US-based financial group Citigroup (NYSE:C), making a profit of 1.1 billion dollars, media in the Gulf country reported Monday. The Kuwait Inve... Hispanic Business Magazine Mon, 07 Dec 2009 10:55:17 -0500’s third-quarter earnings took a 44.2 percent dive because of weakness in the company’s water-supply and mineral-exploration businesses, the company said Monday. The Mission Woods-based c... Business Journal Mon, 07 Dec 2009 10:49:42 -0500NEW YORK -- Barrick Gold Corp. , the world's biggest gold miner, was cut to neutral from outperform by Credit Suisse Monday on concerns that mining at a Nevada deposit may be forced to stop after an ... Fox Business Mon, 07 Dec 2009 10:29:55 -0500KKD ) reported a narrower third-quarter loss on Monday as the company saw higher store traffic and generally lower costs. The company said it lost $2.4 million, or 4 cents a share, in the quarter, v... Fox Business Mon, 07 Dec 2009 10:29:48 -0500NEW YORK -- Retail stocks were mixed on Monday ahead of a speech to be delivered by Federal Reserve Chairman Ben Bernanke that investors hope will give some hints as to when the U.S. central bank mig... Fox Business Mon, 07 Dec 2009 10:29:45 -0500BAC ) announced last week it would raise capital and repay its $45 billion as soon as possible. According to Bloomberg, the Treasury Department is concerned that selling its stake in the bank might ... Fox Business Mon, 07 Dec 2009 10:29:39 -0500SAN FRANCISCO - Technology stocks traded sideways Monday morning, as shares of Nvidia Corp. and Advanced Micro Devices rose sharply on news that Intel Corp. has delayed the launch of its standalone g... Fox Business Mon, 07 Dec 2009 10:29:34 -0500Bailing out the U.S. financial system has not cost as much as Washington originally forecast. Taxpayer's share of the bailout will now come in around $41-billion, rather than the $341-billion that had... Financial Post Mon, 07 Dec 2009 10:28:18 -0500NEW YORK -- Fertilizer maker CF Industries said on Monday it raised its bid for Terra Industries Inc. by US$4.75 in cash per share, bringing the value of the hostile takeover bid at US$4.58 billion. ... Financial Post Mon, 07 Dec 2009 10:28:17 -0500Gold-focused royalty company Franco-Nevada Corp. said Sunday it plans to make an all-cash offer to acquire International Royalty Corp. worth about $640-million. The proposal, worth $6.75 a share,... Financial Post Mon, 07 Dec 2009 10:28:16 -0500Digital China, a Hong Kong-listed information technology company, is to distribute Research In Motion's BlackBerry handsets, accelerating RIM's effort to expand into mainland China. Financial Post Mon, 07 Dec 2009 10:28:14 -0500OTTAWA -- The value of building permits jumped far above expectation in October, led by both single-family and non-residential units. Statistics Canada reported Monday that permits were up 18% du... Financial Post Mon, 07 Dec 2009 10:28:10 -0500Now that 802.11n has been officially ratified, attention is turning to the next big thing in wireless networking: gigabit WiFi. Ars explores the future of WiFi and how it may give gigabit Ethernet a r... Ars Technica Mon, 07 Dec 2009 10:24:03 -0500By Daniela Silberstein Dec. 7 (Bloomberg) -- U.S. stock futures dropped as falling commodity prices spurred concern that the nine-month rally in equities has outpaced prospects for economic growt... Business Week Mon, 07 Dec 2009 10:06:19 -0500TOKYO, Dec. 7 (AP) - (Kyodo)?---------- Japan's new stimulus likely to require 7.2 trillion yen TOKYO - The central government is likely to shoulder the financial burden of 7.2 trillion yen for J... Breitbart Mon, 07 Dec 2009 10:06:09 -0500Europe's main stock markets slid on Monday, as investors took profits from pre-weekend gains, and miners and energy groups were hit by lower commodity prices, dealers said. In midday deals, London's b... Breitbart Mon, 07 Dec 2009 10:05:59 -0500Tesco has thrown down the gauntlet to upmarket rivals after the supermarket giant slashed prices on its luxury Finest range in a bid to tap into a trend for shoppers to trade up over Christmas. The ... Ananova Mon, 07 Dec 2009 10:04:59 -0500-(Dow Jones)- Retailer Wal-Mart de Mexico SAB de CV (WMMVY, WALMEX.MX) said Monday it has agreed to acquire Central American retailer Wal- Mart Centroamerica from its parent company... Morning Star Mon, 07 Dec 2009 10:01:48 -0500The Indian industrial conglomerate Tata Group has launched a new low-cost water purifier, aimed at lower-income households in rural areas.The Tata 'Swach' purifier is less than one metre tall, and doe... BBC Mon, 07 Dec 2009 10:00:30 -0500Dubai is "better placed" than the UK for economic recovery, according to the president of the airline Emirates.Tim Clark told the BBC that Dubai's economy "would restart within 18 month... BBC Mon, 07 Dec 2009 10:00:28 -0500(RTTNews) - Stocks are poised to open the week modestly lower on Monday, as a lack of significant market catalysts this morning has opened the door for some profit taking following recent gains. The ... Quote.com Mon, 07 Dec 2009 09:59:28 -0500SAO PAULO - Brazilian media report that thieves tunneled their way to a money transport firm and made off with nearly $6 million. The G1 Web site of Brazil's Globo TV says thieves rented a house abo... Star Tribune Mon, 07 Dec 2009 09:47:48 -0500NEW YORK - Biotech drugmaker Amgen said Monday its board approved a new $5 billion stock buyback plan. The buyback is being added to the company's current stock repurchase plan, which still has $1.2... Star Tribune Mon, 07 Dec 2009 09:47:45 -0500Lack of a strong development bank in Kenya is the reason why the bond market is thriving, Central Bank of Kenya governor Prof Njuguna Ndung’u has said. Daily Nation Mon, 07 Dec 2009 09:44:32 -0500LITTLETON, MA--(Marketwire - December 7, 2009) - Increasingly, Microsoft® SharePoint Server implementations are now critical applications in which any downtime can cause significant business di... Market Wire Mon, 07 Dec 2009 09:43:09 -0500NEW YORK (MarketWatch) -- Treasury prices edged up in early trading Monday, pushing yield as down and recovering some of the losses on Friday after a much better-than-expected monthly employment repor... MarketWatch Mon, 07 Dec 2009 09:42:33 -0500TEL AVIV (MarketWatch) -- Among the companies whose shares are expected to see active trade in Monday's session are AsiaInfo, Cinemark, Dow Chemical, Daimler, McDermott and Terra. Agrium Inc.:... MarketWatch Mon, 07 Dec 2009 09:42:32 -0500NEW YORK (MarketWatch) -- Crude futures fell Monday, briefly hitting their lowest level in nearly two months, as the dollar strengthened on concerns that the U.S. may tighten interest rates, pressurin... MarketWatch Mon, 07 Dec 2009 09:42:29 -0500NEW YORK (MarketWatch) -- Bank of America Merrill Lynch on Monday raised its ratings for three leading credit-card companies on what it sees as improving economic conditions. American Express Co. MarketWatch Mon, 07 Dec 2009 09:42:28 -0500COPENHAGEN (MarketWatch) -- The value of the global carbon trading market could rise from roughly $118 billion in 2008 to nearly $2 trillion by 2020, although it currently remains frozen in the headli... MarketWatch Mon, 07 Dec 2009 09:42:24 -0500Gyn Farrell from Dublin in the Irish Republic fills her car full of shopping at the Quays Shopping Centre, Newry, Northern Ireland. Photograph: Peter Morrison/AP A surge in cross-border shopping has... Guardian Mon, 07 Dec 2009 09:38:29 -05007 Dec 2009, 2:11PM more nurses!!!!!!!!!!!!the few we've got haven't got time to look at a sodding computer - they're busy treating people!more nurses!... Guardian Mon, 07 Dec 2009 09:38:28 -0500By JANE WARDELLAP BUSINESS WRITER LONDON -- Cadbury PLC said Monday it plans to publish its formal response to a 9.8 billion pound ($16.3 billion) hostile takeover offer from Kraft Foods Inc. on De... Seattle Post-Intelligencer Mon, 07 Dec 2009 09:29:40 -0500NEW YORK -- Fertilizer maker CF Industries said on Monday it raised its bid for Terra Industries Inc. by US$4.75 in cash per share, bringing the value of the hostile takeover bid at US$4.58 billion. ... Financial Post Mon, 07 Dec 2009 09:21:49 -0500If you want to be a green investor, you can do what everyone else does and invest in firms that make windmills, solar panels or next-generation batteries. Good luck with that. At least a couple of th... Financial Post Mon, 07 Dec 2009 09:21:44 -0500It might be enlightening to see how Bank of Canada governor Mark Carney explains the third-quarter expansion of just 0.4% in gross domestic product, annualized, when he was originally calling for 2%. Financial Post Mon, 07 Dec 2009 09:21:43 -0500Strip bonds are a core investment many Canadians hold in their RRSPs. They are held in ladders to stagger maturities over multiple years. Investor Economics Inc. estimates there is $128-billion in fix... Financial Post Mon, 07 Dec 2009 09:21:42 -0500The Jehovah's Witnesses, 30,000 of them from dozens of countries, have left Waikiki after their convention, which helped pump much-needed money into the Hawaii economy. The JWs, as they became known l... Financial Post Mon, 07 Dec 2009 09:21:41 -0500In the last week alone, it has been at the heart of a major funding dispute with China and political chaos in Australia. But despite its growing importance, the world of carbon trading remains opaque,... Financial Post Mon, 07 Dec 2009 09:21:40 -0500Jean Borlée is standing in a prairie field dotted with pumpjacks, round bales of hay, cattle and cow pies because his company, Luxembourg's steel giant ArcelorMittal, needs help. He has made the lon... Financial Post Mon, 07 Dec 2009 09:21:38 -0500The biggest waste of money on the planet has to be a new car -- the moment you drive it off the lot, it starts depreciating. All I need is a clunker as long as my air-conditioning works for humid... Financial Post Mon, 07 Dec 2009 09:21:37 -0500The stunningly strong November jobs data from Canada and the United States has kicked off a fresh round of speculation as to when the two countries’ central banks will begin hiking their key interes... Financial Post Mon, 07 Dec 2009 09:21:32 -0500NEW YORK -- Gold's record rally deflated on Friday, as prices tumbled as much as 5% after a dollar rally triggered by better than expected U.S. data sent investors racing to cut positions. Gold poste... Financial Post Mon, 07 Dec 2009 09:21:31 -0500Canadian stocks fell on Friday, as gold tumbled after a stellar jobs report south of the border lifted the U.S. dollar. The S&P/TSX composite index fell for the second straight day, shedding 125.... Financial Post Mon, 07 Dec 2009 09:21:30 -0500OTTAWA - An overwhelming majority of people in Ontario and British Columbia oppose the HST, with most believing the biggest winners from the new tax will be the provincial and federal governments, acc... Financial Post Mon, 07 Dec 2009 09:21:29 -0500General Motors of Canada Ltd. said Friday it will take complete ownership of CAMI Automotive Inc., buying out Suzuki Motor Corporation's 50% stake in the plant. The move eliminates Suzuki from the Ca... Financial Post Mon, 07 Dec 2009 09:21:27 -0500Federal investigators suspected a decade ago that Galleon Group hedge fund founder Raj Rajaratnam was trading on inside information but were unable to prove he was breaking the law. Financial Post Mon, 07 Dec 2009 09:21:26 -0500DETROIT -- General Motors Co Chairman and chief executive Ed Whitacre announced a broad shake-up of the automaker's senior leadership on Friday, tightening his grip on the company three days after rep... Financial Post Mon, 07 Dec 2009 09:21:22 -0500TORONTO -- Barrick Gold said on Friday that a U.S. Appeals Court judge has ruled that Barrick's Cortez Hills gold project in northeast Nevada requires additional environmental analysis to be conducted... Financial Post Mon, 07 Dec 2009 09:21:20 -0500TORONTO - November housing sales across the country are set to reach new highs based on fresh data from the country's two most expensive markets. The national numbers from the Ottawa-based Canadian R... Financial Post Mon, 07 Dec 2009 09:21:18 -0500OTTAWA -- The Conservative government might be forced to think the unthinkable: a rise in the GST. An increasing number of economists believe a hike, even a temporary one, is the only way Canada is g... Financial Post Mon, 07 Dec 2009 09:21:17 -0500LONDON -- British finance minister Alistair Darling will next week stake his government's future on tax rises for the rich to pay for continued support for the recession-hit economy and to bring down ... Financial Post Mon, 07 Dec 2009 09:21:16 -0500TORONTO - Shares in Canadian Imperial Bank of Commerce climbed the highest in more than a year after as the country's fifth-largest bank appeared to shake off its recent subprime woes with fourth quar... Financial Post Mon, 07 Dec 2009 09:21:15 -0500Two Canadian economists, David Rosenberg and Sherry Cooper, have been named in a list celebrating the top 10 economic forecasters over a period which marked the worst recession in the post world war .... Financial Post Mon, 07 Dec 2009 09:21:14 -0500TORONTO - Tony Clement, the federal Industry Minister, said yesterday there was "some urgency" required in determining whether he will uphold a regulatory ruling or overturn it and allow startup cellp... Financial Post Mon, 07 Dec 2009 09:21:12 -0500Cliffs Natural Resources raised its friendly takeover offer for Freewest Resources Canada on Thursday, hoping of trumping a rival bid from Noront Resources and gain control of Freewest’s Canadian ..... Financial Post Mon, 07 Dec 2009 09:21:09 -0500By a vote of 192 to 32, MPs on Thursday overwhelmingly gave their first nod of approval to the minority Conservative government’s plan to enable Ontario and British Columbia to harmonize their sales... Financial Post Mon, 07 Dec 2009 09:21:06 -0500Bombardier Inc. has suspended flight testing on its new CRJ1000 aircraft, and will push back its first delivery into second half of next year. The Montreal plane and train maker had planned to delive... Financial Post Mon, 07 Dec 2009 09:21:04 -0500Alberta once again topped the rankings in the 2009 report with a score of 8.5 out of 10, but Saskatchewan came in at 6.6, up from 5.9 in 2008, followed by British Columbia. Financial Post Mon, 07 Dec 2009 09:21:01 -0500Federal Reserve chairman Ben Bernanke, making a case for a second term on Thursday, offered a forceful defence of the U.S. central bank’s crisis-battling efforts, which he said prevented an even ... Financial Post Mon, 07 Dec 2009 09:20:56 -0500Helped by lower provisions for loan losses and strong results in its core businesses, Canadian Imperial Bank of Commerce reported fourth quarter results ahead of analyst estimates. Canada's fifth big... Financial Post Mon, 07 Dec 2009 09:20:49 -0500NEW YORK -- Exactly eight years after Enron Corp filed for bankruptcy protection, a federal judge has dismissed a lawsuit by investors against banks they accused of helping the energy company commit f... Financial Post Mon, 07 Dec 2009 09:20:47 -0500Shares in Toronto Dominion Bank declined this morning as the bank reported results that were ahead of analyst estimates. In the fourth quarter Canada's second biggest bank had net earnings of $1.... Financial Post Mon, 07 Dec 2009 09:20:43 -0500The European Central Bank kept rates at a record low of 1% as expected on Thursday, leaving markets firmly focused on how it plans to handle the delicate process of phasing out its financial crisis ..... Financial Post Mon, 07 Dec 2009 09:20:38 -0500General Electric Co and Comcast Corp are set to announce a joint venture on Thursday morning that would give the cable company eventual control of NBC Universal in this year’s biggest media deal. Financial Post Mon, 07 Dec 2009 09:20:34 -0500CN Rail resumed its operations late Wednesday night after the railway's engineers agreed to end a four-day strike, a Vancouver-based coal company said. Western Coal Corp. said in a release Thursd... Financial Post Mon, 07 Dec 2009 09:20:31 -0500Following last week's sale of two prize sketches by Canadian artists Tom Thomson and Lawren Harris, for $2.8-million and $3.5-million, respectively, a collector exiting the Heffel Fine Art Auction Hou... Financial Post Mon, 07 Dec 2009 09:20:28 -0500A flood of Canadian tax cheats are voluntarily coming forward to disclose hidden assets and offshore accounts in record numbers, says Jean-Pierre Blackburn, the Minister of National Revenue. Financial Post Mon, 07 Dec 2009 09:20:18 -0500Bob Lutz speaks at the Los Angeles Auto Show, replacing Fritz Henderson, who resigned as president and chief executive officer of General Motors Tuesday. Financial Post Mon, 07 Dec 2009 09:20:13 -0500Talisman Energy Inc has cut 220 staff, or about 4% of its global workforce, as it speeds up a shift to unconventional gas plays in North America, Canada’s No. 3 independent oil explorer said on ... Financial Post Mon, 07 Dec 2009 09:20:10 -0500WASHINGTON -- Lawmakers in the U.S. House voted Wednesday to give government regulators the power to break up financial firms that threaten economic stability, and to expose the Federal Reserve to unp... Financial Post Mon, 07 Dec 2009 09:20:06 -0500Germany’s Daimler said Wednesday it will move roughly one-fifth of the production of its best-selling Mercedes-Benz Class C model to its lone U.S. facility in Alabama from Germany by 2014. Financial Post Mon, 07 Dec 2009 09:20:04 -0500OTTAWA -- The Canadian government set a new two-month deadline on Wednesday for the country's provinces to line up projects to be funded by stimulus cash, and committed to a firm schedule for winding ... Financial Post Mon, 07 Dec 2009 09:20:00 -0500Canadian lumber shipments to China, set to climb after Shanghai adopted a building code for wood-frame construction amid a push to build new housing, will likely help Canada’s dollar strengthen beyo... Financial Post Mon, 07 Dec 2009 09:19:57 -0500CALGARY -- Enbridge Inc. Canada's No. 2 pipeline firm, raised its dividend Wednesday and said it expects to boost earnings next year by around 12% as it completes new lines. The company, which has mo... Financial Post Mon, 07 Dec 2009 09:19:56 -0500Canadian staffing firm Brainhunter Inc. said on Wednesday it has filed for creditor protection as it seeks to either restructure or sell its business. The company did not specify its liabilities, but... Financial Post Mon, 07 Dec 2009 09:19:55 -0500U.S. Chancellor of the Exchequer Alistair Darling, right, shown here chatting with U.S. Treasury Secretary Timothy Geithner, has warned the E.U. not to stifle the City of London’s financial services... Financial Post Mon, 07 Dec 2009 09:19:49 -0500General Motors Corp.'s board of directors made the surprise announcement Tuesday it had accepted the resignation of Fritz Henderson as its chief executive, stating it was unhappy with the pace of the ... Financial Post Mon, 07 Dec 2009 09:19:45 -0500 | 
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