A report from the International Energy Agency also said that events outside the U.S. will continue to affect pricing.» Read More
Dec 4- Barrick Gold Corp, under fire for missteps in a tough market, started to address investor demands for a more independent board on Wednesday, by replacing two directors close to its departing founder with a pair of mining industry experts.
Dec 4- Barrick Gold Corp, under fire for a series of missteps in a tough market, confirmed on Wednesday that its 86- year-old chairman and founder will leave the board this spring, along with two other directors.
*Trade deficit narrows to $40.6 billion in October. WASHINGTON, Dec 4- U.S. private-sector hiring rose in November at the fastest clip in a year, opening the door wider for the Federal Reserve to start trimming its bond purchases within the next few months.
Dec 4- Shares of CGI Group Inc, the parent company of CGI Federal, dropped as much as 5.5 percent after "Newsweek" reported that prominent short-seller Jim Chanos counts the stock among his "largest short positions." CGI Group, whose CGI Federal is the main contractor behind the glitch-plagued Healthcare.gov, has been an investor favorite for nearly five years.
*Private employers add 215,000 jobs in November. *Trade deficit narrows to $40.6 billion in October. WASHINGTON, Dec 4- U.S. private employers hired more workers than expected in November, suggesting the labor market was improving enough for the Federal Reserve to start trimming its bond purchases.
Dec 4- National Bank of Canada, the country's sixth-largest lender, announced a 2- for-1 stock split and raised its dividend after reporting a 4 percent fall in fourth-quarter profit. The bank raised its quarterly dividend to 92 Canadian cents per share from 87 Canadian cents.
TORONTO, Dec 3- Ford Motor Co's Canadian arm maintained its spot as the country's best selling brand, data released on Tuesday showed, as growing demand for trucks helped power a sixth consecutive monthly record for Canadian vehicle sales in November.
TORONTO, Dec 3- U.S. retailers looking north in their quest for growth should consider the frosty reception Canada has so far given trendy discounter Target Corp a cautionary tale: what looks like a simple border crossing can easily go wrong.
TORONTO, Dec 3- Ford Motor Co's Canadian arm sold more than all other carmakers in Canada in November helped in part by strong sales in the Fusion, according to auto sales data released on Tuesday. However, in terms of sales growth, Chrysler Canada sales rose almost 13 percent year-over-year in November outpacing all of its Detroit competitors.
Dec 3- Canadian potash producer Agrium Inc said on Tuesday that it is not planning job cuts at its Vanscoy, Saskatchewan, mine, even after larger fertilizer rival Potash Corp of Saskatchewan revealed plans to slash staff.
*Canada's No. 4 bank is first to report quarterly results. TORONTO, Dec 3- Quarterly earnings at Bank of Montreal rose 1 percent due to stronger wealth management profit, and Canada's No. 4 bank raised its dividend, but its shares fell on Tuesday on the back of a sluggish performance at its U.S. Harris Bank unit.
Potash Corp reported its weakest quarter in three years in October and cut its full-year earnings forecast by more than expected. Potash Corp Chief Executive Bill Doyle said in October that Uralkali's move was "the single dumbest thing" he had ever seen.
Dec 3- Potash Corp of Saskatchewan Inc, the world's largest potash producer by capacity, said it would cut more than 1,000 jobs, or 18 percent of its workforce in Canada, the United States and Trinidad. The company said it would cut its permanent potash workforce by about 570, mainly at its Lanigan and Cory operations in Saskatchewan and in New Brunswick.
NEW YORK-- Talisman Energy Inc. said Monday that it has put two directors backed by Carl Icahn on its board, as the billionaire investor accumulates a bigger stake in the Canadian oil and gas company. Shares of Talisman Energy gained 2 percent to $12.12 shortly after the opening bell.
*Madagascar holds run-off presidential vote on Dec. 20. ANTANANARIVO, Dec 2- Madagascar's next president will struggle with low metals prices and distrustful companies as he seeks to revive a mining industry that was the main source of foreign investment until a 2009 coup cut flows to a trickle.
TORONTO-- Police said Sunday that a Canadian man has been arrested for allegedly trying to sell classified information to the Chinese government about Canada's warship building procurement strategy. The Royal Canadian Mounted Police said that Qing Quentin Huang, 53, of Burlington, Ontario, was arrested on Saturday and appeared in court Sunday.
Television viewers in Bismarck, N.D., were treated to some real class this weekend when none other than the great Ron Burgundy read them the news. Actor and comedian Will Ferrell reprised his "Anchorman" role for KXMB's Saturday night news broadcast.
VANCOUVER, Dec 1- British Columbia is finalizing tax rules for companies seeking to export Canadian natural gas to Asia. Other countries, including the United States, are ahead of Canada in the race to export liquefied natural gas, a fuel that fetches far more in energy hungry Asia than in North America.
VANCOUVER, Dec 1- British Columbia, Canada's westernmost province, is working on a tax framework for a dozen new gas export terminals along its Pacific coastline. The majority of these proposed terminals would be in the Prince Rupert and Kitimat areas, port communities along Canada's west coast. Corp, Korea Gas Corp, PetroChina.
LAKE LOUISE, Alberta, Nov 29- Many refineries in Europe, India and South America are easier to reach from Canaport, New Brunswick, in eastern Canada, than from the U.S. Gulf Coast, the chief executive of Irving Oil said on Friday.