May 1, 2008

Dollarama posts poor Q4 on weather, weak holiday season

Dollarama Group Holdings LP, Canada’s leading dollar store operator, reported poor fourth-quarter results on Thursday.

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Merger synergies sees Thomson-Reuters beat expectations

Thomson-Reuters Corp. surprised some analysts yesterday with a bullish outlook for 2008 and US$250­-­million in added synergies from the merger that created the electronic data giant, despite the expectation the credit and housing crisis will hurt the financial­-services businesses it serves through its markets division

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Toronto stocks boosted by banks, consumer shares

The main TSX index charged higher Thursday, helped by an afternoon rally in financials amid further optimism that the worst of the credit troubles have already passed.

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Canadian dollar tumbles as economy weakens

The Canadian dollar fell the most in more than six weeks on speculation the weakening economy will force the central bank to further cut borrowing costs as the U.S. Federal Reserve may stop reducing its key rate.

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U.S. auto sales weakest in 15 years, say GM, Ford

U.S. auto sales fell sharply in April with rising gasoline prices weighing hardest on sales of large sport utility vehicles and pickups, where the industry traditionally has made its biggest profits.

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Carney ‘confident’ Canada will dodge recession

Bank of Canada Governor Mark Carney said he’s “confident” the Canadian economy won’t sink into a recession.

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Inside the world’s first billion-dollar home

While visiting New York in 2005, Nita Ambani was in the spa at the Mandarin Oriental New York, overlooking Central Park. The contemporary Asian interiors struck her just so, and prompted her to inquire about the designer.

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Stressed-out workers costing economy $30 billion a year: report

Canadians are increasingly stressed and depressed on the job, and it costing the economy and society dearly, says a study released Thursday by Desjardins Financial Security.

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Flip phone, Brightpoint announcements buoys RIM

Investors “flipped” for Research In Motion Ltd. (RIM/TSX) Thursday after a details of a new BlackBerry device sent its shares up more than 5% in trading on the Toronto Stock Exchange Thursday

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Nepal acts to stop food shortages - BBC News

BBC BulgariaNepal acts to stop food shortagesBBC News, UK - 11 hours agoRising prices for rice, wheat and other foodstuffs have been hitting poorer people in South Asia badly. Nepal harvested about 4.3 million tonnes of rice …Nepal bans rice and wheat export as food crisis looms Reuters UKNepal bans export of rice and other grains to prevent shortage International Herald TribuneAfter India, Nepal bans food item exports Thaindian.comAFP - Hinduall 30 news articles

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