Business and Finance News
 Electric vehicle sales surge in US
Britain News.Net
The biggest rollout of charging stations is about to occur in eleven major US cities for the purpose of charging the new generation of electric cars from Nissan and General Motors, which are mooted to go on sale at the end of this year.
 EU wants Greece to survive without IMF funds
Britain News.Net
Greece's financial prospects have taken another bad turn with suggestions that Athens might ask the International Monetary Fund for aid early next month if it cannot get a formal aid plan from the EU.
 BA provided Scotland with poor strike services
Britain News.Net
Scotland is expecting to be hit hard by the British Airways strike with flights to and from Scotland among the routes that will suffer from a three-day strike by British Airways cabin crew.
Microsoft-rival Opera Says Browser Downloads Double
The China Post
BRUSSELS -- Norway's Opera said Thursday that downloads of its browser more than doubled after Microsoft Corp. was forced to give European users a choice of Web software to settle European Union antit...
Crtc To Rule Next Week In Battle Over Tv Carriage Fees
Financial Post
The television business is no longer a game reserved for millionaire media moguls. Consider that a station in western Michigan is being sold right now for US$550,000. On eBay. As the tired but accura...
Tsx Posts First Weekly Loss This Month
Financial Post
Canada's benchmark stock index posted its first weekly loss of the month Friday, and its lowest close in eight sessions, as commodity prices fell against a strengthening U.S. dollar. The S&P/TSX ...
Icahn Aims To Oust Lions Gate Board With Hostile Bid
Financial Post
NEW YORK – Carl Icahn swooped in with a hostile bid for Lions Gate Entertainment Corp. Friday, a week after the Vancouver-born movie studio blocked the corporate raider's attempt to take a smaller s...
Inflation Surprise Spurs Rate Speculation
Financial Post
OTTAWA -- Inflation data for February came in much stronger than expected, Statistics Canada reported Friday, with the key core rate -- watched closely by the Bank of Canada -- posting a surge beyond ...
British Airways Cabin Crew To Strike After Talks Fail
Financial Post
A British Airways strike, which is likely to disrupt travel plans for thousands, presents a major headache for the ruling Labour party weeks before a general election because Unite is its biggest ...
Peter Foster: Crea's Multiple Coffer Service
Financial Post
Spring is in the air and the for-sale signs are multiplying. But is that a government-promoted housing bubble on the horizon? One thing seems certain: prices are likely to fall before lofty real estat...
Barrick Gold Ipo To Raise Us$834-million
Financial Post
Barrick Gold Corp. announced it will raise about US$834-million from the initial public offering of its African subsidiary. The new company, called African Barrick Gold PLC, will start trading on the...
Cn Reaches Contract Agreement With Engineers
Financial Post
Canadian National Railway Co. announced the terms of a new three-year collective agreement with 1,700 of its engineers Friday that was reached under federal arbitration. The engineers, who are repres...
China Tries To Cool Yuan Dispute With U.s.
Financial Post
BEIJING -- China on Friday said it was sending an envoy to Washington to try to ease trade frictions as its currency regime comes under fire, warning that threats from U.S. legislators could stifle ro...
Stock Futures Signal Mixed Open; Palm Eyed
Financial Post
Stock index futures pointed to a mixed opening on Friday, with futures for the S&P 500 down 0.02 percent, Dow Jones up 0.1 percent and Nasdaq 100 down 0.01 percent at 1008 GMT (6:08 a.m. ET). ...
Tiger's Return Gives At&t Unexpected Boost
Financial Post
Tiger Woods's return to golf at the Masters Tournament will give sponsors such as AT&T Inc. an unexpected boost from their ad dollars, lifting the value of their TV spots by 43%, according to a me...
Banks Lift Stocks; Greece Woes Dent Euro
Financial Post
LONDON -- European shares rose modestly on Friday, lifted by gains in banking stocks, but concerns over Greece's large debt burden remained, keeping the euro on the back foot against the dollar. ...
Tsx, Loonie Retreat As Commodity Prices Fall
Financial Post
Canada's benchmark stock index fell Thursday for the first time in two days and the loonie's advance to parity with the U.S. dollar was checked as the greenback gained strength over concerns about the...
Oil Prices Fall, Loonie Follows
Financial Post
The dollar closed at 98.65 cents US, following advances in all but one of the previous 14 sessions. On Wednesday, the loonie ended at 98.98 cents US, after posting an intraday high of 99.31 cents US.
No Brakes Applied In Ny Prius Crash: Nhtsa
Financial Post
Members of the media record and watch as a 2008 Toyota Prius is demonstrated breaking at 85 MPH in a stadium parking lot following Toyota's announcement of preliminary findings regarding their ...
Revenue Gap Between Cable And Broadcasters Widens
Financial Post
The rich keep getting richer in Canada's increasingly polarized television and broadcasting industry, according to fresh figures released on Thursday. Cable carriers such as Rogers Communications...
Canada Sees Crisis Or Deflation Risk Without Action
Financial Post
OTTAWA -- Canada has warned the Group of 20 leading nations of the risk of another global crisis or a deflationary spiral if advanced countries do not rein in budget deficits and emerging markets do n...
New U.s. Jobless Claims Dip Slightly, Cpi Flat
Financial Post
WASHINGTON -- The number of U.S. workers filing new applications for unemployment benefits fell less than expected last week, while consumer prices were unchanged in February on lower energy prices. ...
Virgin America To Enter Canadian Market
Financial Post
Virgin America, the U.S. affiliate of Richard Branson's U.K. carrier, plans to make a push into the Canadian market as early as this summer, the carrier said Thursday.
Greek Pm Seeks Eu Aid Mechanism, Challenging Merkel
Financial Post
Greek Prime Minister George Papandreou set a one-week deadline for the European Union to craft a financial aid mechanism for Greece, challenging Germany to give up its doubts about a rescue package. ...
Teva Beats Pfizer To Win Ratiopharm For Us$5b
Financial Post
Teva Pharmaceutical Industries Ltd. agreed to buy Ratiopharm GmbH for 3.63 billion euros (US$5-billion), ending a nine-month battle for Germany's second- biggest maker of generic medicines. Petah...
U.s. Tells China Yuan Issue Is Of 'real Concern'
Financial Post
BEIJING - The United States kept up pressure on China on Thursday to let the yuan climb as Beijing disclosed it was sounding out exporters on whether they could cope with a stronger exchange rate. ...
Oil Dips Towards Us$82 On Firm Dollar, Opec
Financial Post
NEW YORK -- Oil fell nearly 1% toward US$82 a barrel Thursday, ending a two-day rally as the dollar strengthened against the euro amid concern's about Greece's debt problems. An analyst report showin...
Athabasca Potash Shareholders Approve Bhp Deal
Financial Post
TORONTO -- Athabasca Potash said on Thursday that its shareholders had voted in favor of global mining giant BHP Billiton's $341-million (US$338-million) cash takeover offer. In January, BHP offered ...
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