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  UK regulator fines and bans former executive of credit casualty Northern Rock

  July 27th, 2010 - 5 h 50

  LONDON - Britain's financial regulator has banned the former finance director of mortgage lender Northern Rock US$500,000) for misreporting figures on loan arrears. Northern Rock was the country's first major casualty of the global credit crunch....

  Section : Business | 0 Comment

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  Talisman Energy records net income of $603 million in Q2

  July 27th, 2010 - 5 h 34

  CALGARY - Talisman Energy Inc. (TSX:TLM) reports net income of $603 million in the second quarter compared with $63 million a year earlier. The quarterly income also represents an increase of $375 million from the first quarter. Talisman Energy...

  Section : Business | 0 Comment

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  Talisman Energy records Q2 net income of $603 million

  July 27th, 2010 - 5 h 34

  CALGARY - Talisman Energy Inc. (TSX:TLM) reports net income of $603 million in the second quarter compared with $63 million a year earlier and is an increase of $375 million from the first quarter.

  Section : Business | 0 Comment

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  Cost-cutting helps Dutch telecoms KPN raise profit despite revenue dip

  July 27th, 2010 - 3 h 58

  AMSTERDAM - Royal KPN NV, the biggest Dutch telecoms company, has reported a 26 per cent rise in net profit for the second quarter thanks to cost cutting measures. The company announced Tuesday that net profit for the quarter rose to €465...

  Section : Business | 0 Comment

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  Homebuilder Lennar reports a profit in fiscal 2nd quarter, says sales slowed in May

  June 24th, 2010 - 7 h 00

  MIAMI - The end of the U.S. federal homebuyer tax credit in April slowed down Lennar Corp.'s May results and hurt fiscal second-quarter revenue, but the homebuilder reversed a year-ago loss as it cut costs. "During the second quarter, we...

  Section : Business | 0 Comment

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  Niko Resources report $38.7-million fourth-quarter profit

  June 24th, 2010 - 6 h 57

  CALGARY - Niko Resources Ltd. (TSX:NKO) reports $118.8 million of net income for the year ended March 31, including $38.7 million of net income in its fiscal fourth quarter. Annual revenue rose to $334.1 million, up from $105 million in fiscal...

  Section : Business | 0 Comment

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  Cellphone operator Public Mobile gets $350M financing deal from Chinese bank

  June 24th, 2010 - 6 h 51

  TORONTO - Public Mobile, ZTE Corporation has struck a $350 million financing deal with the Export-Import Bank of China that will help the company build a wireless network from Windsor to Quebec City.

  Section : Business | 0 Comment

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  AXA of France sells some UK units to Resolution in deal worth US$4.1 billion

  June 24th, 2010 - 6 h 38

  LONDON - British buyout fund Resolution Ltd. said Thursday that it has agreed to acquire a package of U.K. businesses from French insurer AXA SA in a deal worth 2.75 billion pounds or US$4.1 billion. Resolution says it intends to merge the AXA...

  Section : Business | 0 Comment

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  French economy forecast to grow 1.4 per cent in 2010, mostly due to services sector

  June 24th, 2010 - 6 h 36

  PARIS - France's economy should expand by 1.4 per cent this year, largely on growth in the services sector, after shrinking 2.5 per cent last year, the French national statistics agency says. The Insee agency warned in its report Wednesday night...

  Section : Business | 0 Comment

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  World stock markets lose ground after cautious Fed statement on economy

  June 24th, 2010 - 4 h 55

  BANGKOK - World stock markets retreated Thursday after the U.S. Federal Reserve struck a note of caution in its latest assessment of the world's No. 1 economy. The central bank's statement, which accompanied a decision to leave interest rates at...

  Section : Business | 0 Comment

Other news

• June 23rd, 2010 Chief of $20 billion fund for oil spill victims heads back to the Gulf
• June 22nd, 2010 Judge blocks 6-month moratorium on new deepwater drilling projects
• June 22nd, 2010 Magna would stay on course charted by Stronach with or without him: analyst
• June 22nd, 2010 Germany, France, U.K. promise new bank tax ahead of G20 summit
• June 22nd, 2010 World stock markets mostly down as Europe woes overshadow China’s yuan move
• June 22nd, 2010 Oil falls to near $77 in Asia as traders eye global economy after 4-week rally
• June 22nd, 2010 Canadian inflation rate falls to 1.4 per cent in May
• June 22nd, 2010 World unions warn G20 leaders ahead of summit to think beyond business
• June 22nd, 2010 Insurer Aegon to sell Transamerica Reinsurance arm in US, restructure British operations
• June 22nd, 2010 German business confidence posts surprise rise in June despite debt crisis
• June 22nd, 2010 BNP Paribas shares drop after Fitch downgrades debt, raising renewed concern about debt crisis
• June 22nd, 2010 BP executive heckled at London oil conference after CEO Tony Hayward pulls out
• June 22nd, 2010 UK government prepares to lay out tax and spending plans to close deficit
• June 22nd, 2010 British Airways and pension fund trustees agree on plan to close funding deficit
• June 22nd, 2010 Worker drives over people at Mazda plant in Japan, killing 1 and injuring 10

• June 22nd, 2010 Japan raises growth forecast to 2.6 per cent in fiscal year on robust exports to Asia
• June 22nd, 2010 China’s easing of currency’s peg to dollar aims to blunt trade criticism and aid own economy
• June 20th, 2010 Telstra, government strike deal on broadband network for Australia
• June 20th, 2010 iMass: Priest develops missal application to let priests officiate with iPad
• June 20th, 2010 As oil spews in Gulf, BP chief Tony Hayward attends yacht race at UK’s Isle of Wight
• June 20th, 2010 Canadian glass-decorating firm to open plant in Ohio
• June 20th, 2010 Plane carrying executives of Australian mining firm missing in Cameroon
• June 20th, 2010 China’s removal of currency peg paves way for successful G20 summit
• June 18th, 2010 Elimination of softwood lumber tax was a blip as rate to rise on lower prices
• June 18th, 2010 Shell Canada talks with potential Montreal refinery buyer, committee disbands
• June 18th, 2010 Economic worries push Toronto stock market lower; gold closes at record high
• June 18th, 2010 WestJet Airlines cuts top fares, but says seat sales not going away
• June 18th, 2010 Ontario to offer rebate of up to $8,500 on plug-in hybrid and electric vehicles
• June 18th, 2010 Tembec shares soar as it forecasts strong Q3 operational earnings
• June 18th, 2010 Asian stocks mixed, but losses limited as worries over Europe’s debt crisis ease
• June 18th, 2010 Oil extends losses in Asia but holds above $76 amid concerns over US recovery
• June 18th, 2010 Danone to merge operations in Russia, former Soviet Union with local dairy
• June 18th, 2010 EMI announces plans to reposition itself, appoints Roger Faxon as group CEO
• June 18th, 2010 UK public sector borrowing is US$23.8B in May, down from $17.4B a year ago
• June 18th, 2010 BP shares rising, up 1.2 per cent in London, in wake of oil spill fund deal
• June 18th, 2010 Canada must shift its trade focus to developing economies, says Carney
• June 18th, 2010 Twitter a hit in Japan as micro-blogging takes a distinctly Japanese flavour
• June 18th, 2010 Sony CEO gets $8.8 million in annual pay after 2 consecutive annual losses
• June 17th, 2010 Canadians incomes expected to grow this year after dip in recession: economists
• June 17th, 2010 Obama administration says Canada key barometer in efforts to double exports
• June 17th, 2010 G20 leaders to tackle European debt crisis in Toronto, Flaherty says
• June 17th, 2010 Toyota resumes building of plant as market recovers; UAW pledges campaign
• June 17th, 2010 U.S. jobless claims up as layoffs persist, raising concerns about recovery
• June 17th, 2010 CIBC warned Magna could anger shareholders with Stronach buyout proposal
• June 17th, 2010 World stock markets mixed after Wall Street gives little direction

• June 17th, 2010 Oil falls to near $77 in Asia on signs of sluggish US crude demand
• June 17th, 2010 Swiss parliament resolves split over referendum over US tax cheat files
• June 17th, 2010 EU executive says it will lay out detailed economic reforms at end of month
• June 17th, 2010 UK retail sales up 4.4 per cent annually in May as vehicle production soars 59 per cent
• June 17th, 2010 BP shares open 6.5 per cent higher after deal to set up oil spill fund
• June 17th, 2010 Cineplex to buy digital display company for $3.5 million
• June 17th, 2010 Toyota says China car assembly plant unaffected by strike at supplier
• June 17th, 2010 Bernanke: Fed to beef up oversight to prevent replay of financial crisis
• June 17th, 2010 Europe’s debt-hit nations slash spending; some worry austerity risks another recession
• June 16th, 2010 WestJet boss admits airline needs better brand awareness to compete with Porter
• June 16th, 2010 TSX little changed following big gains; N.Y. weak amid housing data
• June 16th, 2010 Toyota considering restarting delayed Mississippi plant: sources say
• June 16th, 2010 Gates, Buffett launch campaign to get billionaires to donate half their wealth
• June 16th, 2010 Canwest creditors to vote on Canwest Media Inc. restructuring plan July 19
• June 16th, 2010 Magna CFO says regulator shouldn’t deny shareholder vote on stock restructuring
• June 16th, 2010 Apple, AT&T hit with glitches on new iPhone orders, including apparent AT&T security breach
• June 16th, 2010 San Francisco law would require radiation levels posted for cellphones
• June 16th, 2010 Petroleum group, Alaska official objects to proposed plan for polar bears
• June 16th, 2010 Oil hovers around $77 in Europe as investors take a pause from Tuesday’s stock rally
• June 16th, 2010 Spain’s borrowing costs soar amid worries over public finances, banking sector
• June 16th, 2010 UK unemployment rate falls to 7.9 pct in 3 months through April, down from 8 pct
• June 16th, 2010 Bombardier to supply Swiss Railways with double-decker trains
• June 15th, 2010 Oil up near $76 in Europe as traders react to an expected drop in crude supplies
• June 15th, 2010 Greece, China sign 14 commercial agreements during visit by Chinese vice-premier
• June 15th, 2010 German investor confidence down sharply in June amid worries about eurozone crisis, austerity
• June 15th, 2010 U.K. consumer price inflation falls to 3.4 pct in May, down from 3.7 pct in April
• June 14th, 2010 Asian stocks climb on better-than-expected rise in US consumer confidence
• June 14th, 2010 Waldron Energy takes over where Triton Energy left off; firm adopts new name
• June 14th, 2010 Pension reform tops agenda for P.E.I. meeting of Canada’s finance ministers
• June 14th, 2010 Oil rises above US$75 in Asia as global stock markets gain