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Tuesday February 07, 2012


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    Boards of Xstrata and Glencore agree to merger terms

    LONDON - The boards of mining company Xstrata PLC and commodities dealer Glencore International PLC said early Tuesday they had agreed on terms for a merger....

    posted: February 7,2012





    National Business

    BP hikes dividend after strong fourth quarter, sees end to Gulf damage payments

    LONDON - BP PLC has raised its quarterly dividend by 14 per cent after posting double-digit gains in profit and revenue in the last three months of 2011....

    posted: February 7,2012

    Workers at Centerra gold mine in Kyrgyzstan go on strike

    BISHEK, Kyrgyzstan - Centerra Gold Inc. (TSX:CG) says it workers at a gold mine in the Central Asian nation of Kyrgyzstan have gone on strike....

    posted: February 7,2012

    ArcelorMittal posts $1 billion loss after big charges, sees decline in steel demand

    BRUSSELS - Several large charges for taxes and restructuring pushed ArcelorMittal into a deep loss in the fourth quarter and the steel maker warned Tuesday that concerns over Europe's economy had hit demand....

    posted: February 7,2012

    Toyota raises earnings forecast despite quarterly profit decline on disaster, flooding, yen

    TOKYO - Toyota's quarterly profit slid 13.5 per cent on production setbacks caused by last year's tsunami disaster and the flooding in Thailand, but Japan's top automaker raised its annual profit forecast, saying a recovery is on track....

    posted: February 7,2012

    UBS posts fourth-quarter earnings drop to 393 million francs, after rogue trade scandal

    GENEVA - Switzerland's biggest bank UBS AG reported Tuesday a 76 per cent drop in net profits during the fourth quarter of 2011 compared with the same period in 2010, a sign of continued struggles linked to its $2 billion rogue trading...

    posted: February 7,2012

    Under EU pressure, Greece caves in on civil service firings, announces 15,000 job cuts in 2012

    ATHENS, Greece - Greece's coalition government caved in to demands to cut civil service jobs, announcing 15,000 positions would go this year, amid mounting international pressure to agree on austerity measures needed to secure major new...

    posted: February 7,2012


    Sohu.com posts better-than-expected profit, but shares fall on weak 1Q outlook

    posted: February 7,2012

    Asian stock markets fall as Greece austerity talks drag on, causing default fears to rise

    posted: February 7,2012

    Research In Motion may not have many suitors despite PM's comments on takeovers

    posted: February 6,2012

    McGuinty says Ottawa partly to blame for Electro-Motive closing in London, Ont.

    posted: February 6,2012

    Resolute Forest Products buys Boralex co-generation plant in Dolbeau, Que.

    posted: February 6,2012

    Most actively traded companies on the TSX, TSX Venture Exchange markets

    posted: February 6,2012

    Greek debt concerns depress stocks, commodities lower as greenback strengthens

    posted: February 6,2012

    Railroad legend Harrison pledges results for shareholders who vote him in

    posted: February 6,2012

    Canadian dollar lower amid concerns over outcome of Greek debt negotiations

    posted: February 6,2012

    UN panel urges world to adopt economic pact with carbon taxes, ecological-based prices

    posted: February 6,2012

    France, Germany want Greece funds earmarked to repay bailout, warn Athens to agree debt deals

    posted: February 6,2012

    Oil below $97 in Asia as investors eye rising US crude supplies, Iran tensions

    posted: February 6,2012

    Owner of Pizza Hut, Taco Bell, KFC chains reports 30 per cent rise in 4th-qtr profit

    posted: February 6,2012

    Alberta Securities Commission says CEO mislead investors on gold mine results

    posted: February 6,2012

    New Brunswick MP suggests upgrading pipeline system to ship Alberta oil east

    posted: February 6,2012




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