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Saturday, 04 July 2009 |
TORONTO - Fraud artists are finding it easier amid a battered economy to entrap marks with dubious offers once easily dismissed as scams, and are snaring a growing number of victims to the tune of millions of dollars a month, experts say.
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Saturday, 04 July 2009 |
BERLIN - Negotiations for the sale of General Motors Corp.'s German unit Adam Opel GmbH to Canadian autoparts maker Magna are progressing well and should soon be complete, the head of GM Europe said in remarks released Saturday.
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Friday, 03 July 2009 |
CARACAS, Venezuela - President Hugo Chavez's government has taken control of the country's third largest bank - Banco de Venezuela.
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Friday, 03 July 2009 |
TORONTO - The union representing 2,500 Bell installation and repair technicians in Ontario said Friday the workers have voted to accept a new five-year contract.
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Friday, 03 July 2009 |
TORONTO - Net redemptions of mutual funds for June were estimated to be between $1.3 billion and $1.8 billion, according to the Investment Funds Institute of Canada.
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Friday, 03 July 2009 |
TORONTO - General Motors Corp. confirmed Friday it has received a non-binding offer from a Chinese concern for its Opel division.
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Friday, 03 July 2009 |
MONTREAL - Talks between Air Canada (TSX:AC.B) and the union representing its mechanics and technical staff will likely continue through the weekend as the airline tries to obtain a wage freeze and pension relief it says it needs to survive the recession.
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Friday, 03 July 2009 |
TORONTO - Some of the most active companies traded Friday on the Toronto Stock Exchange and the TSX Venture Exchange:
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Friday, 03 July 2009 |
TORONTO - The Toronto stock market ended the week flat as investors weighed weak oil prices with good news out of the base metals sector.
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Friday, 03 July 2009 |
MONTREAL - Adaltis Inc. (TSX: ADS) received court protection under the Companies' Creditors Arrangement Act on Friday, providing some hope that the life sciences company can continue operating while it works out a survival plan.
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Friday, 03 July 2009 |
LONDON - British Airways PLC announced Friday it will ground aircraft, slash seat numbers and postpone taking delivery of a dozen new Airbus A380 superjumbos as it faces a recession-driven decline in passengers.
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Friday, 03 July 2009 |
TORONTO - The Toronto stock market was flat in mid-afternoon trading Friday as investors weighed weak oil prices with good news out of the base metals sector.
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Friday, 03 July 2009 |
LONDON - PVM Oil Associates, the world's biggest over-the-counter oil brokerage, says it lost nearly $10 million this week because of unauthorized trades that caused a temporary spike in Brent crude markets.
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Friday, 03 July 2009 |
ABUJA, Nigeria - Nigeria, Algeria and Niger have signed an agreement to create a $10 billion pipeline that would ship gas across the Saharan desert to Europe, Nigeria's state oil company said Friday.
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Friday, 03 July 2009 |
VANCOUVER, B.C. - Mining giant Teck Resources Ltd. (TSX:TCK.B) has struck a $1.74 billion private placement designed to lighten its debt load, and its CEO says he hopes the deal will also boost the Canadian company's relationship with China.
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