Top Stories: Worries over Dubai's debt problems drove down Asian and European share markets prior to the weekend. Big News Network.com Fri, 27 Nov 2009 04:01:22 -0500UK pensioner associations have asked policy makers to implement measures to reduce deficits pension liabilities on company balance sheets. Big News Network.com Fri, 27 Nov 2009 05:04:14 -0500New Zealand has posted its lowest annual goods trade deficit for nearly seven years. Big News Network.com Fri, 27 Nov 2009 04:52:59 -0500Sony is attempting to pick up customers with new 3D technology after falling behind in flat-panel TV technology. Big News Network.com Fri, 27 Nov 2009 04:47:33 -0500Canadian industries have been looking after their workers with higher pay. Big News Network.com Fri, 27 Nov 2009 04:40:46 -0500The BBC has reported that the UK company owned by the ex-bosses of MG Rover has paid back some of the millions of pounds taken out of the car maker. Big News Network.com Fri, 27 Nov 2009 04:24:20 -0500UK Prime Minister Gordon Brown has said he will press Commonwealth leaders this weekend to support his plan to make banks pay for any future bailout. Big News Network.com Fri, 27 Nov 2009 04:14:58 -0500The Japanese yen touched 84 to the US dollar before the weekend, the US currency's lowest level since the mid-1990's. Big News Network.com Fri, 27 Nov 2009 04:08:07 -0500The Australian dollar fell to .9035 as the Australian All Ordinaries dived 2.50% on Friday. Big News Network.com Thu, 26 Nov 2009 18:52:25 -0500The UK government-commissioned Walker Review into the corporate governance of banks has decided banks should be forced to publicly disclose the number of people they employ who earn more than £1 million per year. Big News Network.com Thu, 26 Nov 2009 03:09:01 -0500Switzerland's notoriously secretive banking system has long been used by some of America’s wealthiest citizens, who are now likely to think again about the Swiss reputation for banking discretion. Big News Network.com Thu, 26 Nov 2009 03:05:29 -0500The pressure on China to allow its currency to appreciate has been growing. Big News Network.com Thu, 26 Nov 2009 02:58:18 -0500Advertisements have been running in Australian newspapers offering a finder's fee of AUD$3,000 for anyone who can persuade an overseas doctor to work in Australia. Big News Network.com Thu, 26 Nov 2009 02:55:37 -0500Charities in the UK have asked the government to provide support to low income earners in the private rental sector. Big News Network.com Thu, 26 Nov 2009 02:50:59 -0500In Dubai, the government-run Dubai World has announced it will delay repayments of $59 billion of liabilities. Big News Network.com Thu, 26 Nov 2009 02:49:02 -0500Toyota has decided to order its dealers to alter a part in accelerator pedals on 3.8 million already recalled vehicles in the US. Big News Network.com Thu, 26 Nov 2009 02:47:26 -0500TOKYO - The dollar sank to a fresh 14-year low against the yen Friday as worries about Dubai's debt mountain drove investors to buy safe haven assets like the yen. Japanese Finance Minister Hirohisa... Star Tribune Fri, 27 Nov 2009 06:13:46 -0500FRANKFURT - German steel maker ThyssenKrupp AG on Friday confirmed that it had a steep net loss in its 2008-9 fiscal year and said it plans to reduce its work force by about 20,000 people — mos... Star Tribune Fri, 27 Nov 2009 06:13:45 -0500MADRID (MarketWatch) -- U.S. stock market futures were trading sharply lower on Friday as debt problems for Dubai spread fear across worldwide markets and traders nervously awaited a shortened Wall St... MarketWatch Fri, 27 Nov 2009 06:08:07 -0500FRANKFURT (MarketWatch) - Investors' confidence was shaken Friday by worries about Dubai's debt woes, precipitating a sell-off in commodities and equities, while the dollar and the yen surged as trade... MarketWatch Fri, 27 Nov 2009 06:08:04 -0500Prime minister to tell Commonwealth heads of government meeting that the tax should be among options to avoid further bank crisis – despite US opposition... Guardian Fri, 27 Nov 2009 06:04:13 -0500Banks had a great week this week – winning the battle with the OFT over charges, fighting off caps on big bonuses, even managing to conceal a £62bn bailout – and everyone was delighted.Actually, ... Guardian Fri, 27 Nov 2009 06:04:11 -0500American Superconductor (AMSC) is up 240% from its low. Still a buy? Click here for instant access to Forbes Growth Investor model portfolios. What my model shows is Merck, now paying out 60% of its e... Forbes Fri, 27 Nov 2009 06:03:30 -0500HONG KONG - Asian stock markets tumbled Friday, with Hong Kong and South Korea down nearly 5 percent, as fears mounted over the fallout from Dubai's massive debt problems. European stocks extended the... MSNBC Fri, 27 Nov 2009 05:53:36 -0500NEW YORK (CNNMoney.com) -- U.S. stocks were set to plunge Friday in tandem with worldwide markets, as Dubai World and its debt woes threatened Wall Street's confidence.Dow Jones industrial average, Na... CNN Money Fri, 27 Nov 2009 05:52:26 -0500NEW YORK (CNNMoney.com) -- U.S. stocks were set to plunge Friday in tandem with worldwide markets, as Dubai World and its debt woes threatened Wall Street's confidence.Dow Jones industrial average, Na... CNN Money Fri, 27 Nov 2009 05:52:25 -0500Millions of Americans - some in their pyjamas - hit department stores in America to grab bargains on Black Friday, the country's busiest shopping day. Sky News Fri, 27 Nov 2009 05:48:57 -0500OTTAWA -- The sentiments of average consumers and chartered accountants are headed in opposite directions, according to a pair of reports released Thursday. The mood of Canadian consumers deteriorate... Financial Post Fri, 27 Nov 2009 05:45:32 -0500Rogers Communications Inc. beefed up its equity stake in rival Cogeco Inc. on Thursday in what some suggest is a clear sign to other would-be buyers that it intends to acquire the smaller cable TV com... Financial Post Fri, 27 Nov 2009 05:45:28 -0500OTTAWA -- A major Nortel Networks Corp. creditor is objecting to terms of a key division sale, saying Nortel turned down a higher cash offer. Ciena Corp. won the auction this week for the metropolita... Financial Post Fri, 27 Nov 2009 05:45:25 -0500Jazz Air Income Fund is in discussion with Canadian travel tour veteran Robbie Goldberg about potentially partnering with him on his latest venture, Direct Save Holidays, a new competitor in the packa... Financial Post Fri, 27 Nov 2009 05:45:19 -0500Hopes that Bombardier Inc. might be able to stave off further production cuts in its regional-jet program fell flat Thursday with the Montreal transportation giant saying it would be forced to cut an ... Financial Post Fri, 27 Nov 2009 05:45:16 -0500MONTREAL -- At some points in the game, the water looks real; clear at some angles to reveal the rocks below, at other angles, thick and murky. When your character hops into a helicopter, the exhaust ... Financial Post Fri, 27 Nov 2009 05:45:11 -0500On Thursday, federal regulators approved a request to add Al Jazeera English to the list of satellite services eligible to be distributed in Canada. Financial Post Fri, 27 Nov 2009 05:45:08 -0500In its fiscal second-quarter budget update, the Alberta government said it expects a deficit of $4.3-billion for the current fiscal year, down from its first-quarter forecast for a $6.9-billion ... Financial Post Fri, 27 Nov 2009 05:45:06 -0500NEW YORK -- One of News Corp Chief Executive Rupert Murdoch's sons sold about US$27.6-million of his shares the media company this week as his investment company purchased a large stake in an Australi... Financial Post Fri, 27 Nov 2009 05:45:05 -0500Web and video posts are feeding a new form of “silent attrition, where customers switch companies without complaining directly,” Frank Sherlock, senior vice-president at Cincinnati-based Convergys... Financial Post Fri, 27 Nov 2009 05:45:03 -0500Bidding wars and higher interest costs have lead to the inevitable - a drop in housing affordability for the first time in five quarters, according to a new index produced by the Royal Bank of Canada.... Financial Post Fri, 27 Nov 2009 05:44:59 -0500BEIJING -- China faces a protectionist backlash next year because its manufacturers are saddled with overcapacity and are offloading excess output into world markets, the European Union Chamber of Com... Financial Post Fri, 27 Nov 2009 05:44:58 -0500LONDON -- Oil fell toward US$77 on Thursday in line with falls across financial markets and as weak demand for fuel offset potential support from a weak dollar. Global stock markets fell after Du... Financial Post Fri, 27 Nov 2009 05:44:56 -0500Electric cars may be coming, but they will come much more slowly than you might expect from all the publicity. The price is one problem. It's the batteries. To get an e-car with more range, you need m... Financial Post Fri, 27 Nov 2009 05:44:52 -0500Given the recent economic turmoil caused by the rising loonie, it's hardly surprising that Canadians have a love-hate relationship with their currency. But now the dollar has a new, somewhat uncomfort... Financial Post Fri, 27 Nov 2009 05:44:50 -0500CANBERRA -- Looking to work overseas? Head to Canada, Australia or Thailand, according to an annual global survey which found recession-hit Britain was one of the worst locations to live for expatriat... Financial Post Fri, 27 Nov 2009 05:44:42 -0500NEW YORK/LONDON -- Gold prices hit record highs above US$1,190 an ounce Wednesday as the dollar fell sharply and the market expected central banks from emerging economies to keep buying bullion from t... Financial Post Fri, 27 Nov 2009 05:44:40 -0500Onex Corp said Wednesday it had sold another part of its interest in Emergency Medical Services Corp in a secondary offering, for proceeds of about US$151-million. The Canadian private-equity firm sai... Financial Post Fri, 27 Nov 2009 05:44:33 -0500Canadian home resale prices rose for a fifth straight month in September on gains in five of six major metropolitan markets surveyed, according to a report on Wednesday. Financial Post Fri, 27 Nov 2009 05:44:29 -0500NEW YORK -- AIG and former chief executive Maurice "Hank" Greenberg have reached an agreement to bury a long-standing, bitter legal battle and the insurer will turn over materials the former boss can ... Financial Post Fri, 27 Nov 2009 05:44:28 -0500Canadian National, the country’s biggest railway, said it is urging the Teamsters union, which represents the engineers, to resume negotiations immediately. Financial Post Fri, 27 Nov 2009 05:44:26 -0500CHICAGO -- Wall Street's main barometer of investor sentiment did not show much fear on Wednesday, as it sank to its lowest level in 15 months. The Chicago Board Options Exchange Volatility Index, kn... Financial Post Fri, 27 Nov 2009 05:44:21 -0500Dan Fortin, part 2 FP Executive's John Turley-Ewart speaks with Dan Fortin, President IBM Canada, about what differentiates Canadian managers. Financial Post Fri, 27 Nov 2009 05:44:17 -0500General Motors Co. confirmed Wednesday it will build the Buick Regal sedan at its Oshawa, Ont. assembly plant just east of Toronto, one of five vehicles the automaker commited to producing in Canada u... Financial Post Fri, 27 Nov 2009 05:44:15 -0500OTTAWA -- Earnings by Canadian companies rose in the third quarter of 2009 after three straight quarterly declines, Statistics Canada said Wednesday. Operating profits were up 7.9% to $54.1-billion d... Financial Post Fri, 27 Nov 2009 05:44:10 -0500WASHINGTON -- The number of U.S. workers filing new applications for jobless insurance tumbled last week to the lowest level in more than a year and consumer spending rose, adding to evidence the worl... Financial Post Fri, 27 Nov 2009 05:44:06 -0500The board of Cossette Inc. urged its shareholders Wednesday to reject an amended offer from Cosmos Capital Inc. made last week in favour of an identical deal from a U.S. firm, as a tug-of-war over the... Financial Post Fri, 27 Nov 2009 05:44:03 -0500Russia’s Central Bank said on Wednesday it is preparing to invest some of its foreign exchange reserves in Canadian dollars to diversify its portfolio, which helped push the U.S. dollar to its lowes... Financial Post Fri, 27 Nov 2009 05:44:01 -0500LONDON -- Britain's economy shrank for a sixth consecutive quarter in the three months to September but at a slower pace than previously reported, keeping alive expectations of a return to growth befo... Financial Post Fri, 27 Nov 2009 05:43:58 -0500STOCKHOLM -- General Motors appears to still hope to sell its Swedish Saab Automobile unit despite a deal collapsing, a Swedish government official said on Wednesday. "I talked to GM last night and m... Financial Post Fri, 27 Nov 2009 05:43:56 -0500UBS AG plans to hire more than a dozen sales and trading staff to bolster its equities business in Canada over the next two years after receiving a record number of job requests from employees at riva... Financial Post Fri, 27 Nov 2009 05:43:53 -0500A surge in office construction in Toronto's downtown may push the city's vacancy rate higher than New York and Boston after developers added space during the first recession in 17 years. The prop... Financial Post Fri, 27 Nov 2009 05:43:51 -0500OTTAWA -- Saskatchewan will surpass Ontario this year as Canada's second-wealthiest province as measured by living standards, the result of a recession that has shown no mercy on the country's industr... Financial Post Fri, 27 Nov 2009 05:43:50 -0500TORONTO -- A potential labour disruption could be looming at Canadian National Railway Co. after the country's largest railway decided to unilaterally impose contract changes on 1,700 of its engineers... Financial Post Fri, 27 Nov 2009 05:43:46 -0500The Toronto Stock Exchange, along with most other market benchmarks around the globe, lost ground Tuesday in the face of evidence the U.S. economic recovery hasn’t been going as smoothly as once ... Financial Post Fri, 27 Nov 2009 05:43:44 -0500Platinum and palladium miners in North America form an exclusive club, to say the least. Right now, there is exactly one pure-play producer of the two metals operating in North America: Stillwater Mi... Financial Post Fri, 27 Nov 2009 05:43:42 -0500MONTREAL -- Despite posting losses in net earnings and revenues because of lower fuel margins in the United States and a weaker Canadian dollar, Alimentation Couche-Tard Inc., North America's largest ... Financial Post Fri, 27 Nov 2009 05:43:40 -0500In court documents, a judge said: "The technological advantage that allowed Rogers to represent that it has Canada's most reliable network has disappeared."... Financial Post Fri, 27 Nov 2009 05:43:39 -0500TORONTO - Telus Corp. brought a fresh idea to an old and contentious debate Tuesday that the telecommunications giant says will open up tens of millions of dollars to assist Canada's ailing broadcast ... Financial Post Fri, 27 Nov 2009 05:43:37 -0500TORONTO -- Canadian officials have approved a landmark search advertising deal between Microsoft Corp. and Yahoo Inc., but the deal still faces potential antitrust hurdles in both the United States an... Financial Post Fri, 27 Nov 2009 05:43:35 -0500NEW YORK -- Microsoft Corp's Chief Financial Officer Chris Liddell is to leave the company at the end of the year, indicating that he is looking for a bigger job at another company. Mr. Liddell, 51, ... Financial Post Fri, 27 Nov 2009 05:43:31 -0500A picture taken on November 8, 2009, in Paris shows an image from the "Facebook" page of French President Nicolas Sarkozy, called "Memories of the fall of the Berlin wall, on November 9, 1989." The ..... Financial Post Fri, 27 Nov 2009 05:43:30 -0500Torstar Corp.'s Toronto Star, Canada's biggest newspaper, which plans to cut 78 editing jobs, or about a fifth of its editorial staff, to reduce expenses by $4-million annually, will contract out the ... Financial Post Fri, 27 Nov 2009 05:43:26 -0500Federal Reserve officials are increasingly confident in a durable recovery for the U.S. economy, even though they do not see employment picking up soon, according to minutes from their November ... Financial Post Fri, 27 Nov 2009 05:43:24 -0500The Sri Lankan-born billionaire is the most prominent of 20 people who face criminal or civil charges in the largest U.S. hedge fund insider trading case on record and Wall Street’s first insider ..... Financial Post Fri, 27 Nov 2009 05:43:19 -0500STOCKHOLM -- Sweden effectively ruled out a state bailout of GM's loss-making Saab unit on Tuesday after tiny luxury car firm Koenigsegg pulled out of a bid for one of the Nordic country's best-known ... Financial Post Fri, 27 Nov 2009 05:43:17 -0500OTTAWA -- The robust retail data for September suggest domestic consumption was strong enough to help Canada post positive growth for the third quarter and, technically, pull the country out of a rece... Financial Post Fri, 27 Nov 2009 05:43:15 -0500Apartments on Isabella Street in Toronto, Ont. Apartment buildings generally held their value through the recession. Brett Gundlock/National Post Ugo Bizzarri's Timbercreek Asset Management Inc. ... Financial Post Fri, 27 Nov 2009 05:43:14 -0500SHANGHAI/HONG KONG -- Chinese banks, under government pressure to shore up their finances, are set to unleash a wave of billions of dollars in capital raising that could strain equity markets but also... Financial Post Fri, 27 Nov 2009 05:43:11 -0500DUBLIN -- Irish teachers shut schools, nurses left wards and civil servants abandoned offices on Tuesday in a protest against government plans to cut pay and prevent the national debt from spiralling ... Financial Post Fri, 27 Nov 2009 05:43:06 -0500MOSCOW -- Russia's central bank on Tuesday unveiled a widely-expected interest rate cut, its ninth since April, in a bid to slow down the appreciation of the rouble and support the economy's still fra... Financial Post Fri, 27 Nov 2009 05:43:02 -0500Investors have already endured a stock market bubble. Now they're in the middle of a bond market bubble. So many have stampeded to the supposed safety of bonds - especially government bonds - they ha... Financial Post Fri, 27 Nov 2009 05:42:59 -0500In move to establish an investment management beach head in the fast growing Chinese market, Manulife Financial Corp. said it plans to acquire a 49% stake in a Chinese wealth management company, broad... Financial Post Fri, 27 Nov 2009 05:42:54 -0500North American stocks climbed higher Monday, as economic data on both sides of the border bolstered the case for a steady economic recovery and commodity prices rose against a weakening U.S. dollar. ... Financial Post Fri, 27 Nov 2009 05:42:48 -0500TORONTO -- The Canadian dollar rose on Monday, boosted by stronger equity and commodity prices, including a record level for gold, with solid domestic retail sales data also providing support. The cu... Financial Post Fri, 27 Nov 2009 05:42:45 -0500Hewlett-Packard Co said a strong performance in China and improved profit margins in its services business helped drive quarterly earnings 14% higher. Financial Post Fri, 27 Nov 2009 05:42:42 -0500The sentencing of Stan Grmovsek, a former Canadian stock trader who pleaded guilty in a U.S. insider-trading case, was delayed because immigration officials wouldn't let him into the country. A T... Financial Post Fri, 27 Nov 2009 05:42:34 -0500BOSTON -- Hackers have built a virus that attacks Apple Inc's iPhone by secretly taking control of the devices via their Internet connections, security experts said. The virus has been detected in th... Financial Post Fri, 27 Nov 2009 05:42:32 -0500Twitter, the social internet firm that tracks trends through individuals’ updates of events around them, may eventually go to the stock market for funding if necessary, its co-founder Biz Stone said... Financial Post Fri, 27 Nov 2009 05:42:30 -0500TORONTO -- Magna International Inc. will supply major structural components for General Motor Co.'s next generation of full-size pickup trucks and sport utility vehicles, securing the renewal of a key... Financial Post Fri, 27 Nov 2009 05:42:27 -0500VANCOUVER -- Canadian companies that want to voluntarily reduce their environmental impact will now be able to buy offset credits from a fund that will invest in green projects across the country. Th... Financial Post Fri, 27 Nov 2009 05:42:26 -0500Sales of existing U.S. homes likely rose for a second consecutive month in October, reaching their highest since July 2007, according to a Reuters poll... Financial Post Fri, 27 Nov 2009 05:42:24 -0500Husky Energy Inc., the oil producer controlled by Hong Kong billionaire Li Ka-shing, said it found as much as 85 million barrels of crude after drilling a new well in the White Rose field off the coas... Financial Post Fri, 27 Nov 2009 05:42:22 -0500NEW YORK -- Inventor Judah Klausner filed suit against Motorola Inc. and Research In Motion, alleging infringement of technology patents related to visual voicemail. Visual voicemail lets phone users... Financial Post Fri, 27 Nov 2009 05:42:17 -0500SAN FRANCISCO -- Web search leader Google Inc. said it is buying Silicon Valley display advertising technology start-up Teracent, which expands its competition with display leader Yahoo Inc. Online a... Financial Post Fri, 27 Nov 2009 05:42:16 -0500Sales were up 1% during the month to $34.9-billion, the federal agency said, with increases recorded in six of eight major sectors. Most economists had expected retail sales to rise 0.6% in September,... Financial Post Fri, 27 Nov 2009 05:42:13 -0500Opel interim Chief Executive Nick Reilly travelled to Brussels on Monday to meet officials including German Deputy Economy Minister Jochen Homann and Kris Peeters, the premier of Flanders, a Belgian .... Financial Post Fri, 27 Nov 2009 05:42:04 -0500NEW YORK -- Bernard Madoff's bankruptcy trustee and the law firm employing him have asked a U.S. judge to be awarded US$22.1-million in fees for five months of work, boosting their combined total bill... Financial Post Fri, 27 Nov 2009 05:42:03 -0500WINNIPEG, Manitoba -- Canadian farmers are earning less so far in 2009 as grain prices have slipped and the United States is buying less Canadian livestock, Statistics Canada said on Monday. Farm cas... Financial Post Fri, 27 Nov 2009 05:41:58 -0500Canadian mining company First Quantum Minerals Ltd. said Monday it has agreed to buy Kiwara PLC, a London mineral exploration company, for about US$260.2-million in cash and stock. Kiwara shareho... Financial Post Fri, 27 Nov 2009 05:41:55 -0500While most signs are pointing to recovery in the airline industry, investing in the highly cyclical industry is still viewed as a mug's game. The rewards are high for those who can stomach the turbule... Financial Post Fri, 27 Nov 2009 05:41:52 -0500 | 
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