The Canadian dollar closed lower versus the U.S. dollar on Thursday, handing back more than half Wednesday’s gains as weak inflation data solidified expectations of a 50-basis-point interest rate cut from the Bank of Canada next week.
Read full story
Jim Shaw, chief executive officer of Shaw Communications Inc., has complained to Prime Minister Stephen Harper about regulatory hearings under way in Ottawa, calling the CRTC “a headstrong regulatory authority†that is stifling innovation.
Read full story
Chief Executive Steve Ballmer may be experiencing a case of bidder’s remorse after making an unsolicited $42.3 billion offer to buy Yahoo Inc.
Read full story
The Internet search giant posted a better-than-expected quarterly profit, defying fears that it faces an online advertising slump and that a U.S. economic slowdown would undermine its business.
Read full story
Citigroup Inc. posted its second straight quarterly loss as the biggest U.S. bank by assets wrote down loans and bonds by at least US$12-billion and customers fell behind on home, car and credit-card payments amid a stalled housing market and weakening economy.
Read full story
Canadian wholesale sales unexpectedly fell in February, erasing the previous month’s gain as winter storms and a new holiday hampered distribution in Ontario, the country’s biggest provincial economy.
Read full story
If regulators determine Canada’s broadcast networks should not be paid for their signals, obligations to local programming should be reduced and big U.S. networks should be kept out of the country, the heads of CTV and Global told a panel of the Canadian Radio-television and Telecommunications Thursday
Read full story
Oil prices drifted towards US$114 a barrel on Friday, off record highs above US$115 hit this week on worries about a possible economic slowdown in industrial powerhouse China.
Read full story
Canadian housing sales dropped 7.1% in the first quarter on a seasonally adjusted basis, the Canadian Real Estate Association (CREA) reported on Thursday.
Read full story
Javno.hrNo let-up seen in Asia rice price surgeReuters - Apr 17, 2008And Asia can't feed itself at the moment," Gerry Lawson, chairman of major Australian rice producer Sunrice, told Reuters. The unprecedented surge, which …Asia rice price surge shows no let-up, Thai jumps GuardianRice crisis persists as Philippine tender falls short International Herald TribuneChicago rice sets new record on supply worries GuardianReuters India - Bangkok Postall 28 news articles
Read full story