News

Canada

Clean energy better than Site C dam in B.C., says study

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Smaller clean-energy plants make more economic sense than the proposed Site C dam for British Columbia, says a new independent study commissioned by the...
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Ontario is set to begin its audit on credit unions and caisses populaires

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Ontario will be reviewing the Credit Unions and Caisses Populaires Act, 1994, in an effort to help boost the Ontario economy as well as...

HBO to offer standalone online streaming service in 2015

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HBO announced that it is to offer an online-only streaming video service in 2015, competing head-on with Netflix. Richard Plepler, HBO’s chairman and CEO,...
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Rolls-Royce says revenues are falling because of Russian Sanctions

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Rolls-Royce has issued a warning that it will not be returning to growth in 2015 because of Russian trade sanctions and the gloomy outlook...
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BHP Billiton will list its $15 billion spin-off in London

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BHP Billiton has caved into pressure from UK investors to list its yet-to-be-named $15 billion spin-off of unwanted assets (mining activities that BHP does...
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Yucca Mountain is a safe nuclear waste site, says NRC report

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Permanent closure plans for Yucca Mountain met all safety evaluation objectives before Obama cut the plug on the Nevada waste dump, according to federal...
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Capital One posted drop in third-quarter profit and revenue

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Capital One Financial Corp posted a decline in third-quarter profit, affected by loan-loss provision and a marginal drop in revenue. Earnings were consistent with...
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Google third quarter revenue up 20 percent to $16.52 billion

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Google reported third-quarter revenue of $16.52 billion, up from $13.75 billion in the year-ago period. However, the company revealed somewhat slow advertising growth, and a...
TSX

TSX rebounds, Canadian energy stocks spike

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Canadian stocks have recovered and rebounded from a four-day slump, with energy stocks surging amid increasing speculation that recent losses were overdone. The Standard &...
AbbVie Shire

AbbVie board tells shareholders Shire acquisition not a good idea

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US giant drugmaker AbbVie Inc’s Board of Directors has advised its shareholders not to vote in favor of the $54 billion acquisition of Shire...