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Business Canada

  • *GM will keep Oshawa, Ontario, line open for an extra year. Oct 5- General Motors of Canada said on Friday it will add a third shift to the flexible manufacturing line at its assembly plant in Oshawa, Ontario, so that it can meet demand for its Chevrolet Impala sedan.

  • The Labor Department says that the unemployment rate fell to 7.8 percent in September, down from 8.1 percent in August. The euro rose to $1.3025 in late trading Friday from $1.3018 late Thursday. The British pound fell to $1.6140 from $1.6185.

  • BISHKEK, Oct 5- A court in Kyrgyzstan on Friday charged three opposition nationalist members of parliament with attempting to seize power after they led a crowd to storm government headquarters in protest over a Canadian-owned gold mine.

  • Nutritional supplements seller ViSalus Inc and semiconductor company Cortina Systems Inc also withdrew their IPOs last month. Dave& Buster's owns and operates stores that combine dining and entertainment, providing a casual dining menu with a range of entertainment options. Dave& Buster's is majority backed by Oak Hill Capital Partners.

  • OTTAWA, Oct 5- Canada's budget deficit for the 2011-12 fiscal year was a higher-than-forecast C $26.2 billion, in part because the European crisis cut revenues, government officials said on Friday.

  • *GM says Opel not for sale despite Fiat's reported interest. *Opel executive says aims to source more parts from PSA, not GM. Earlier on Friday, Italian daily Il Sole-24 Ore said in an unsourced report that Fiat SpA Chief Executive Sergio Marchionne was ready to buy Opel if GM's alliance with Peugeot dissolves.

  • TORONTO, Oct 5- Canada's main stock index turned negative in choppy trade on Friday, easing from a two-week high as a rally in financials was offset by weakness in energy and materials shares. The Toronto Stock Exchange's S&P/TSX composite index. fell 1.58 points to 12,446.10, before modestly extending losses to 12,437.29.

  • FRANKFURT, Oct 5- Lufthansa is seeking to unify standards across its group of five airlines for the engines and cockpits of planes it would deploy in future as part of efforts to boost its purchasing power over aircraft makers.

  • TORONTO, Oct 5- Toronto's main stock index rose to a two-week high on Friday as unexpectedly strong North American jobs data supported demand for riskier assets. In Canada, the economy added 52,100 jobs in September, more than five times the consensus figure analysts had expected, and bolstering the Bank of Canada's case for an eventual interest rate rise.

  • TORONTO-- Canada's economy turned in one of the strongest job creation months of the year in September, adding an eye-popping 52,100 new jobs, Statistics Canada said Friday.

  • OTTAWA, Oct 5- Final figures show that Canada's budget deficit for the 2011-12 fiscal year was C $26.2 billion, down from C $33.4 billion the previous year, Finance Minister Jim Flaherty said on Friday. Canada's deficit-to-GDP ratio is one of the lowest among major Western economies.

  • *C$ strengthens to C $0.9746, or $1.0261. The U.S. unemployment rate dropped to a near four-year low of 7.8 percent in September, while Canada added a thumping 52,100 jobs, almost all of them full-time, defying expectations and bolstering the Bank of Canada's case for an eventual interest rate rise.

  • TORONTO, Oct 5- Canada's main stock index opened higher on Friday as unexpectedly strong North American jobs data supported demand for riskier assets. The Toronto Stock Exchange's S&P/TSX composite index. opened up 6.99 points, or 0.06 percent, to 12,454.67, before modestly extending gains to 12,472.40.

  • HOUSTON-- Actress Daryl Hannah of "Splash" fame was arrested in northeast Texas on Thursday, along with a 78- year-old landowner as the pair protested an oil pipeline designed to bring crude from Canada to the Gulf Coast.

  • *Jobless rate 7.4 pct vs 7.3 pct as more search for work. OTTAWA, Oct 5-- The Canadian economy added a thumping 52,100 jobs in September, almost all of them full-time, defying expectations and bolstering the Bank of Canada's case for an eventual interest rate rise.

  • *C$ strengthens to C $0.9741, or $1.0266* Canadian currency at its strongest since Sept. 21* U.S., Canadian employment data point to resilience By Alastair Sharp. TORONTO, Oct 5- Canada's dollar pushed to a two-week high versus its U.S. counterpart on Friday after jobs data showed the North American labor market improved in September.

  • *Samsung Electronics reported a record quarterly profit of $7.3 billion, nearly double last year's figure, as strong sales of high-end TVs and Galaxy smartphones more than offset reduced orders for chips and screens from Apple Inc, its main rival and leading customer.

  • TORONTO, Oct 5- Canada's economy added a higher-than-expected 52,100 jobs in September, largely due to a spike in full-time work, according to Statistics Canada data released on Friday. ï¿ ½ LINKS: Story: Web: COMMENTARY PAUL FERLEY, ASSISTANT CHIEF ECONOMIST, ROYAL BANK OF CANADA.

  • NEW YORK, Oct 5- The U.S. unemployment rate dropped to a near four-year low of 7.8 percent in September, a potential boost to President Barack Obama's re-election bid. RUSSELL PRICE, SENIOR ECONOMIST, AMERIPRISE FINANCIAL, DETROIT. ECONOMIST, RBC CAPITAL MARKETS, NEW YORK.

  • NEW YORK, Oct 5- The U.S. unemployment rate dropped to a near four-year low of 7.8 percent in September, a potential boost to President Barack Obama's re-election bid. STORY: TABLE GRAPHIC: COMMENTS: JOHN KILDUFF, PARTNER, AGAIN CAPITAL LLC, NEW YORK. RON FLORANCE, MANAGING DIRECTOR OF INVESTMENT STRATEGY FOR WELLS FARGO PRIVATE BANK BASED IN SCOTTSDALE, ARIZONA.