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Business Canada

  • TORONTO, Oct 3- The Canadian government and its airlines can make a range of policy changes to slow the tide of 5 million travelers a year that head to the United States for cheaper flights, a think tank report said on Wednesday.

  • BISHKEK, Oct 3- Police clashed with at least 2,000 opposition protesters, some of whom had tried to storm a government building in the centre of Kyrgyzstan's capital on Wednesday. The protesters were demanding that the government nationalises the country's flagship gold venture with Canada.

  • BISHKEK, Kyrgyzstan-- Protesters clashed with police and tried to break into a building housing the parliament and government offices in Kyrgyzstan's capital Wednesday during a rally to demand the resignation of the prime minister and other top officials.

  • BISHKEK, Kyrgyzstan-- Several hundred people are rallying in the capital of Kyrgyzstan in protest at a major gold miner that has been the source of a series of toxic spills in past years, including a cyanide spill into a river.

  • ANCHORAGE, Alaska-- The $5 bill displayed for decades on Charles Fairbanks IV's wall was long a treasured family heirloom from Alaska. The rare find is expected to fetch as much as $300,000 at auction this month when a Texas auctioneer plans to put it up for bids in Dallas and online as part of the American Numismatic Association National Money Show.

  • TOKYO, Oct 3- Japan Petroleum Exploration. The country's oil and gas needs have spiked after most of Japan's nuclear power stations were shut down due to the Fukushima nuclear disaster, forcing Tokyo to spend millions of dollars more on fuel for electricity generation.

  • *Flaherty expresses frustration on Europe before G7 meeting. Europe is number one, it has to be number one, because it is the clear and present danger and it remains that, "he told reporters. "Things have not gotten better in Europe, because of the lack of action," he added.

  • Concurrent with this transaction, QMI parent Quebecor Inc. will purchase C $500 million of QMI shares from CDP, thereby increasing its equity interest in QMI to 75.36% from 54.72%.

  • OTTAWA, Oct 3- Canada remains under pressure from other countries to contribute to an International Monetary Fund plan to help Europe but has not changed its view that Europe has enough of its own resources, Finance Minister Jim Flaherty said on Wednesday. "Europe has enough resources to deal with the issue...

  • *Justin Trudeau becomes Liberal leadership front-runner. MONTREAL, Oct 2- The charismatic son of former Canadian Prime Minister Pierre Trudeau declared his candidacy for the leadership of the Liberal Party on Tuesday, hoping to recreate the sort of buzz that made his father prime minister in 1968..

  • HONG KONG, Oct 3- Hong Kong shares are set to open flat to slightly lower after a long weekend as uncertainty over the timing of Spain's request for a bailout and worries about the global economy keep investors on the sidelines.

  • *Justin Trudeau becomes Liberal leadership front-runner. MONTREAL, Oct 2- The charismatic son of former Canadian Prime Minister Pierre Trudeau declared his candidacy for the leadership of the Liberal Party on Tuesday, hoping to recreate the sort of buzz that made his father prime minister in 1968..

  • NEW YORK-- Theravance Inc. said Tuesday it formed a partnership with Italian drugmaker Alfa Wassermann SpA to develop its gastrointestinal disorder drug velusetrag. Theravance said the companies will work together on mid-stage clinical testing of the drug.

  • OMAHA, Neb.-- Ag Processing Inc. plans to expand one of its soybean processing plants in Minnesota to boost production of a soy feed additive for cattle. CEO Keith Spackler says demand is strong for the AminoPlus product, and this expansion will help the company serve customers in the upper Midwest, Canada and other international locations.

  • *One of several Atlantic Basin plants facing sale, closure. CALGARY, Alberta, Oct 2- Imperial Oil Ltd. Imperial, the Canadian affiliate of Exxon Mobil Corp, has said it expects to announce a decision on the plant's fate in the first quarter of 2013..

  • *Toyota Canada sales rise 21.9 pct, Honda stronger* Ford Canada sales down 8 pct, Chrysler up 2 pct* Ford retains top sales position* GM sales rise 12 pct.

  • BRISBANE, Calif.-- InterMune Inc. said Tuesday that Canadian regulators approved its lung-disease drug Esbriet. InterMune said Health Canada approved Esbriet as a treatment for mild-to-moderate idiopathic pulmonary fibrosis in adults.

  • TORONTO, Oct 2- Canada's main stock index eked out a small gain on Tuesday in volatile trade as investors reacted to mixed signals about Spain's readiness to seek a bailout while awaiting the next big catalyst to drive markets after a strong third quarter. Canada's main index outperformed Wall Street amid questions about the upcoming earnings season.

  • *MP makes charge during debate on CNOOC bid for Nexen. OTTAWA, Oct 2- Canada's Conservative government will commit treason if it approves a $15.1 billion bid by China's state-owned CNOOC Ltd to buy Canadian oil company Nexen Inc, opposition Member of Parliament Pat Martin said on Tuesday.

  • *India is largest source of migrants to Australia. SYDNEY, Oct 3- India's wealthy, from old money to nouveaux riches IT entrepreneurs, are quietly snapping up hotels and mines Down Under just as Australia embarks on an immigration campaign to attract long-term investment.