Showing it is becoming more fluent in the fine art of Fedspeak, the U.S. Fed managed to sound decidedly more hawkish about the outlook for inflation Wednesday while simultaneously easing fears of an immediate interest rate hike.
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Gilles Allard, production chief of Zenn Motor Co., still visits his local gas station despite the fact he drives one of the company’s gas-less electric cars. As he says, he needs his milk and cigarettes.
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A spat at an American news network over paying writers to check their BlackBerries on their own time recently raised the issue, and such a dispute marks the leading edge of a deluge of unresolved and potentially heated cases to come in the United States, experts say.
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Bill Gates’ retirement from Microsoft Corp. later this week marks the end of an era for the software giant, thrusting CEO Steve Ballmer into the spotlight during one of the most challenging periods in the company’s history.
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With the fight against Canada’s oil sands getting uglier by the day, the United States should be reminded that its bargaining position is a weak one. Canada’s chips include getting nasty on the proposed Alaska natural gas pipeline and cutting off U.S. preferential access to Canada’s energy under the North American Free Trade Agreement.
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CIBC economist Jeff Rubin is expecting high energy prices to result in the greatest mass exodus of vehicles from American highways in history. By 2012, there will be some 10 million fewer cars on the road.
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The online search giant named Patrick Pichette, president of operations at Bell Canada, as its new chief financial officer, replacing CFO George Reyes after a nearly year-long search.
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The loonie inched higher as the U.S. dollar weakened broadly on Thursday, but trading between the pair was muted as central banks in both countries were seen holding interest rates steady in the coming weeks or longer.
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A broad liberalization of foreign investment restrictions in the Canadian air transport, uranium mining, and telecommunications and broadcasting sectors, is called for in a widely anticipated report presented to Industry Minister Jim Prentice on Thursday.
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Thanh Nien DailyVietnam's Inflation Accelerated to 26.8% in June (Update1)Bloomberg - 4 hours agoCrude reached $139.89 a barrel on June 16, while prices of grains such as rice, corn, wheat and soybean reached unprecedented levels in 2008. …Vietnam's Prime Minister Tackles Inflation TIMEall 26 news articles
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