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Business Canada

  • Zurich, Switzerland

    Is there a city that is crime and pollution free with excellent transportation and great schools? Find out where the best quality of life is.

  • Carney Commands Global Respect: Financial Secretary

    Greg Clark, financial secretary to the UK Treasury talks to CNBC about the appointment of Mark Carney and why he was chosen.

  • High Spending Costs Are Well-Justified: Sunshine Oilsands

    Songning Shen, Founder & Co-Chairman, Sunshine Oilsands explains how high spending costs will yield future profits since the money will be used to ramp up production efforts.

  • Could Western Protectionism Push Chinese Investors Elsewhere?

    Jim Prentice, vice chairman at CIBC, talks to CNBC about CNOOC's planned $15-billion purchase of Canada's Nexen and whether it will be allowed to go through.

  • Nov 6- Hyundai Motor Co and its affiliate Kia Motors Corp stand to lose about $100 million because of their plan to fund fuel purchases of owners who bought vehicles whose fuel economy was exaggerated by the automakers, Moody's Investors Service said.

  • NEW YORK, Nov 6- The U.S. dollar slipped against most major currencies on Tuesday as investors bet the greenback recently had risen too far and too fast given the outlook for the U.S. economy and problems in Europe, though trading was subdued ahead of the results of the U.S. presidential election.

  • NEW YORK, Nov 6- Rescued from 10- year lows by record summer heat and strong utility demand, U.S. natural gas prices should rise 35 percent next year as production growth tapers off and economic activity increases, according to a Reuters poll of analysts.

  • Shares of Marathon rose nearly 3 percent in afternoon New York Stock Exchange trading. The company reported better-than-expected oil and gas production in the Eagle Ford formation in south Texas and the Bakken shale in North Dakota, according to analysts at Houston based energy investment bank Simmons& Co..

  • NEW YORK/ BELMAR, N.J., Nov 6- Storm-weary residents across the New York and New Jersey area encountered confusion and long lines as they went to cast ballots in the presidential election on Tuesday, and regional officials began scrambling to prepare for a new weather threat due as early as Wednesday.

  • *SNC Lavalin sees India designating site for Candu reactors. NEW DELHI, Nov 6- Canadian firms will be able to export uranium and nuclear reactors to India for the first time in almost four decades under an agreement between the two nations, their prime ministers said, but more work is needed to implement the deal.

  • OTTAWA, Nov 6- A top legislator in Canada's ruling Conservative Party on Tuesday made public his fierce opposition to a bid by China's CNOOC Ltd for Nexen Inc, underlining the political challenges facing Ottawa as it studies the takeover.

  • *SNC Lavalin sees India designating site for Candu reactors. NEW DELHI, Nov 6- Canadian firms will be able to export uranium and nuclear reactors to India for the first time in almost four decades under an agreement between the two nations, their prime ministers said, but more work is needed to implement the deal.

  • NEW YORK, Nov 6- The U.S. dollar fell against most major currencies on Tuesday as investors bet recent gains were too far, too fast given the outlook for the U.S. economy and problems in Europe, though trading was subdued ahead of the results of the U.S. presidential election.

  • Nov 6- Superstorm Sandy will slash earnings at New Jersey casinos and benefit home repair and discount retailers but have limited impact on other sectors and is unlikely to trigger credit downgrades, credit agency Moody's Investors Service said.

  • Opinion polls showed incumbent Barack Obama and Republican challenger Mitt Romney in a dead heat, although the president has a slight advantage in several swing states. If Congress cannot agree new arrangements, about $600 billion in government spending cuts and higher taxes will kick in early next year, all of which could hurt U.S. economic growth.

  • *Nucor, Encana reach gas supply agreement. *Nucor shares rise 1.3 pct, Encana. CALGARY, Alberta, Nov 6- Nucor Corp said on Tuesday it has signed a deal to develop natural gas wells with Canada's Encana Corp it hopes will guarantee supply more than 20 years for its steel mills and other facilities in the United States.

  • Opinion polls showed incumbent Barack Obama and Republican challenger Mitt Romney in a dead heat, although the president has a slight advantage in several swing states. If Congress cannot agree new arrangements, about $600 billion in government spending cuts and higher taxes will kick in early next year, all of which could hurt U.S. economic growth.

  • Nov 6- Steel producer Nucor Corp said on Tuesday it has signed a deal to develop natural gas wells with Canada's EnCana Corp that it hopes will guarantee supply for more than 20 years. Under the terms of the deal, the companies will share costs to develop wells in the continental United States.

  • *New York, New Jersey move to help voters cast ballots. ROCKAWAY PARK, N.Y./ BELMAR, N.J., Nov 6- Already exhausted from a massive cleanup and nightmarish commutes to work, thousands of U.S. voters in storm-struck New York and New Jersey encountered confusion and long lines as they tried to cast ballots in a cliffhanger presidential election.

  • MEXICO CITY, Nov 5- International groups tasked with safeguarding the world banking system conceded they would miss a deadline for new rules aimed at limiting risk and boosting transparency in the $648 trillion over-the-counter swaps market.