Business Canada

More

  • HONG KONG, Oct 5- Hong Kong shares are expected to rise for a fifth straight session and poised to end a holiday-shortened week with mild gains, although caution ahead of U.S. payrolls data is likely to keep trading activity light.

  • *Canadian PM says CNOOC bid raises difficult issues. *Government deciding whether to approve CNOOC bid for Nexen.

  • ANCHORAGE, Alaska, Oct 4- A pipeline and plant that would ship natural gas from Alaska's North Slope to international markets could cost between $45 billion and $65 billion, according to the companies pursuing the "mega-project." and partners BP Plc and ConocoPhillips-- and Canadian pipeline operator TransCanada Corp..

  • to Warner Bros. in a three-year deal that puts digital copies of its newer titles for sale on Warner's Flixster online movie service.

  • NEW YORK-- Dave& Buster's Entertainment Inc. said Thursday that it is withdrawing its proposed initial public offering because of unfavorable market conditions. Dave& Buster's, based in Dallas, registered its IPO in July 2011, saying it expected to sell $150 million in stock.

  • TORONTO, Oct 4- The Toronto Stock Exchange is tightening standards for how boards at companies listed on its markets are elected, introducing rules that will eliminate slate voting and force directors to stand for election each year. Exchange owner TMX Group said on Thursday the changes are part an ongoing review of its markets' rule book.

  • *Shares of SNC-Lavalin rise 1.3 pct. VANCOUVER, Oct 4- The province of British Columbia said on Thursday it has selected a consortium led by SNC-Lavalin Inc to design, build and finance a C $1.4 billion light-rail line linking three suburban cities in the greater Vancouver area.

  • TORONTO, Oct 4- Canada's main stock index notched its highest closing level in nearly three weeks on Thursday after reassuring comments from the European Central Bank chief and signs of improvement in the U.S. labor market supported demand for riskier assets.

  • He joined Thierry Henry and Rafa Marquez on the high-spending Red Bulls, who replaced general manager Erik Soler with Jerome de Bontin on Tuesday.

  • ONE BILLION: More than a billion people now log into Facebook each month, up from 500 million in July 2010. ODD VIDEO: Facebook also released a video that, somewhat abstractedly, seeks to illustrate its ubiquity and utility in connecting people. It starts off with an empty red chair suspended over a forest and later proclaims that "chairs are like Facebook."

  • TORONTO, Oct 4- Canada's main stock index notched its highest closing level in nearly three weeks on Thursday after reassuring comments from the European Central Bank chief and signs of improvement in the U.S. labor market supported demand for riskier assets.

  • *Says no bubble in Toronto and Vancouver. WHITBY, Ontario, Oct 4- Pressures in the Toronto and Vancouver housing markets are moderating, Canadian Finance Minister Jim Flaherty said on Thursday, with neither a bubble nor a hard landing in sight for the country's property market. "I don't think there is a bubble, or a danger of a bubble in Toronto and Vancouver.

  • --We will resolve this CreditWatch when we have a clear view on the completion of Glencore's acquisition of Viterra, which the companies now expect before Nov. 15, 2012. --Upon completion of the acquisition, we expect to equalize our issuer and issue-level ratings on Viterra, given the strategic importance of Viterra's operations to Glencore.

  • --We expect Tervita Corp.' s 2012 debt-to-EBITDA to deteriorate above 6.5 x through the next 12 months due to soft industry conditions, which will lead to weaker-than-expected EBITDA generation. Rating Action On Oct. 4, 2012, Standard& Poor's Rating Services revised its outlook on Calgary, Alta.- based Tervita Corp. to negative from stable.

  • TORONTO, Oct 4- Canada's main stock index notched its highest closing level in nearly three weeks on Thursday after reassuring comments from the European Central Bank chief and signs of improvement in the U.S. labor market. The Toronto Stock Exchange's S&P/TSX composite index. unofficially ended up 88.21 points, or 0.71 percent, at 12,447.68.

  • WHITBY, Ontario, Oct 4- Pressures in the Toronto and Vancouver housing markets are moderating, Canadian Finance Minister Jim Flaherty said on Thursday, and he indicated he saw neither a housing bubble nor a hard landing for the country's property market. "I don't think there is a bubble, or a danger of a bubble in Toronto and Vancouver.

  • VANCOUVER, Oct 4- Canada's SNC-Lavalin Inc. The planned 11- kilometer rapid transit line, set to begin running in the summer of 2016, will connect the cities of Burnaby, Port Moody and Coquitlam in the western Canadian province of British Columbia.

  • NEW YORK, Oct 4- One of today's major debates is how big government should be. Diana Farrell, an economist who recently returned to the consulting firm McKinsey after a two-year stint in the White House, thinks smart pragmatists should seize this common ground.

  • *Canada studying whether to approve CNOOC bid for Nexen. *Some in Canada's ruling party uneasy about CNOOC bid. OTTAWA, Oct 4- CNOOC Ltd's $15.1 billion bid for oil firm Nexen Inc raises a series of difficult policy questions, Canadian Prime Minister Stephen Harper said on Thursday.

  • NEW YORK, Oct 4- U.S. Treasuries prices ended lower on Thursday as traders focused on a highly anticipated jobs report on Friday, and after minutes from the Federal Reserve's September policy meeting showed that Fed members were broadly in agreement over the need for additional stimulus.