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Cellphone competition a year away: Prentice

ssim — Wed, 23 Jul 2008 11:09:40 +0000

It could take up to a year to see increased competition in Canada’s cellphone market in the wake of a wireless spectrum auction, Industry Minister Jim Prentice said on Tuesday.

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Oil hits six-week low as storm fears ease

ssim — Wed, 23 Jul 2008 11:09:40 +0000

Oil prices fell to a six-week low Tuesday amid concerns over sliding U.S. energy demand and expectations that a tropical storm pushing through the Gulf of Mexico would spare most offshore oil production.

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Yahoo quarter seen better than feared

ssim — Wed, 23 Jul 2008 11:09:40 +0000

The Internet search engine posted a nearly 19% fall in net profit, and net revenue short of lowered Wall Street expectations, as it faced a weakening economy and the distraction of Microsoft Corp.â€™s pursuit.

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Ford cancels Flex fix; 500 out of work

ssim — Wed, 23 Jul 2008 11:09:40 +0000

Ford confirmed it is suspending plans to create hundreds of jobs in Oakville, Ont., cancelling a planned third shift to create the new Flex vehicle, the company confirmed late Tuesday afternoon.

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Charles Schwab founder stepping down, again

ssim — Wed, 23 Jul 2008 11:09:40 +0000

Charles Schwab, a pioneer of the discount brokerage, has stepped down for the second time in less than six years as chief executive of the company that bears his name

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Gas prices drive Canadians off the road

ssim — Wed, 23 Jul 2008 11:09:40 +0000

Consumers are still spending more, but mostly at the pumps, without which retail sales would have been flat in May, according to a Statistics Canada report Tuesday that underscores the impact that soaring energy costs are having on North American consumers.

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Cineplex Entertainment to ramp up 3D installations

ssim — Wed, 23 Jul 2008 11:09:40 +0000

Canadaâ€™s largest movie exhibitor said a California company will install at least 175 3D systems in Cineplex theaters across the country by December 2009.

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Toronto stocks falter as oils drop, CP Rail sags

ssim — Wed, 23 Jul 2008 11:09:40 +0000

The main TSX index finished lower Tuesday, but trimmed earlier steep losses as a rise by financials offset a drop in resource issues, which were hit by tumbling commodity prices.s.

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GM gets plugged in with power companies

ssim — Wed, 23 Jul 2008 11:09:40 +0000

General Motors Corp. is partnering with three Canadian and more than 30 U.S. electric utilities on a network aimed at speeding up the commercialization of plug-in vehicles

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Thailand, China Stocks Are Cheap, Merrill Tells Wealthy Clients - Bloomberg

ssim — Wed, 23 Jul 2008 11:09:40 +0000

Thailand, China Stocks Are Cheap, Merrill Tells Wealthy ClientsBloomberg - 3 hours agoThe Southeast Asian nation, the world's biggest exporter of rice and rubber, is benefiting as surging commodity prices help counter slower demand from the …

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