June 10, 2008

Toronto stocks end flat after see-saw session

An early advance on the Toronto Stock Exchange fizzled out on Monday, leaving the main index little changed as energy shares cut gains, and worries over consumer spending and the global economy weighed.

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Oil falls US$4 from record highs as U.S. dollar firms

U.S. light crude dropped from record highs on Monday on the stronger U.S. dollar and profit-taking after surging an unprecedented US$16 in the previous two sessions.

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Livent finance boss told to keep quiet about fraud, court hears

The former chief financial officer of Livent Inc. said she was told to keep quiet after discovering the alleged accounting fraud at the theatre company in July 1997.

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Markets should set oil, food prices, Flaherty to tell G8

Markets, not governments, should determine world oil and food prices, Finance Minister Jim Flaherty will tell his counterparts at an end-of-week meeting in Osaka, Japan, of finance ministers from major industrial countries, a senior Canadian Finance Department official indicated Monday.

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Canada bright spot as economists meet

The solid state of Canada’s economy and financial system emerged Monday as one of the few positives as an international economic conference kicked off amid growing concerns about the global financial crisis and inflationary pressures from rising oil and other commodity prices.

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iPhone 3G coming to Canada in July

Canadians waiting to get their hands on Apple Inc.’s iPhone at last have a date to mark on their calendar — July 11.

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Loonie drops ahead of rate decision

The Canadian dollar ended lower versus the U.S. dollar on Monday as the market took profits before what is widely expected to an interest rate cut by the Bank of Canada on Tuesday.

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Three Canadian cities among top 75 commerce centres

Three Canadian cities made MasterCard Worldwide’s second annual rankings of the 75 urban centres most influential to the global economy.

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Chevron, partners close to deal on Hebron

Chevron Corp. and its partners are close to nailing down a binding agreement to move forward with development of the $5-billion Hebron Ben Nevis offshore oilfield, marking a new, more cordial phase in the relationship with Danny Williams, Premier of Newfoundland and Labrador.

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PHS teacher to attend the East Asia Institute - Pearland Journal

PHS teacher to attend the East Asia InstitutePearland Journal, TX - 8 hours agoPearland High School teacher Robert Cox will number among 25 Houston-area secondary educators attending Rice University’s East Asia Institute June 11-20. …

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