The Washington Post is out with a report that Canada is having second thoughts about purchasing expensive F-35 jets it has already invested in. CNBC's Jane Wells has the details.» Read More
Allergan has repeatedly rejected Valeant's offers to buy the company, the latest for about $53 billion in cash and stock, saying Valeant is substantially undervaluing the company and that an independent Allergan can generate more value for shareholders.
JACKSON HOLE, United States- Bank of England Deputy Governor Ben Broadbent, Bank of Japan Governor Haruhiko Kuroda and Central Bank of Brazil Governor Alexandre Antonio Tombini take part in a panel discussion on "Labor markets and monetary policy" at Kansas Fed's annual Jackson Hole symposium.
TORONTO, Aug 22- Canadian medical marijuana producer OrganiGram Inc is set to go public on Monday, its chief executive said, the second such firm to list on the venture exchange next week, highlighting investor appetite for a high-growth industry.
The annual inflation rate fell to 2.1 percent in July from 2.4 percent in June, a touch above the Bank of Canada's 2 percent target but lower than the 2.2 percent forecast of economists in a Reuters survey.
*Aims to challenge dominance of New York and London. The strong response from foreign players will boost efforts by China- also the world's biggest producer of gold- to gain pricing power over the metal and to challenge the dominance of London and New York in trading.
CALGARY, Alberta, Aug 21- Enbridge Inc, Canada's largest pipeline company, might be able to circumvent a delay in U.S. approvals for plans to nearly double the size of its Alberta Clipper line taking oil sands crude to the Midwest, saying it can put the oil in another pipeline to cross the border.
Aug 21- Port Metro Vancouver, Canada's largest port, said on Thursday it has approved a new facility to transfer coal from trains onto barges at Fraser Surrey Docks, following lengthy public scrutiny of the project's environmental and health impact.
Aug 21- Port Metro Vancouver, Canada's largest port, said on Thursday it has approved a new facility to transfer coal from trains onto barges at Fraser Surrey Docks, a decision that followed lengthy public scrutiny over the project's environmental and health impact.
WINNIPEG, Manitoba, Aug 21- Canadian farmers are on course to produce less wheat and canola than expected, according to Statistics Canada's first report on the 2014 harvest. "I think the trade is going to view this report as fairly friendly," said Dave Reimann, market analyst for Cargill Ltd's grain marketing services division.
BATTLE CREEK, Mich.— A Michigan jury on Thursday rejected two men's claims that Enbridge Inc. should compensate them for what they say are losses because of a 2010 oil pipeline spill into the Kalamazoo River system. The Battle Creek Enquirer reported Thursday that the trial in Calhoun County Circuit Court was the first involving Enbridge.
GUELPH- Canadian Finance Minister Joe Oliver will speak to reporters before a business roundtable in Guelph, Ontario- 1800 GMT. WYOMING, United States- European Central Bank President Mario Draghi to speak on "Reevaluating Labor Market Dynamics" in Jackson Hole, Wyoming- 1830 GMT. STOCKHOLM- Meeting of the General Council of the Riksbank.
TORONTO, Aug 20- Canadian medical marijuana producer Bedrocan Cannabis Corp is set to go public on Monday, offering investors an alternative to Tweed Marijuana Inc in the nascent market, according to two sources familiar with the company's plans.
Duluth Metals Ltd. CEO Kelly Osborne said the "pre-feasibility" study validates the potential of the proposed mine southeast of Ely.
NEW YORK/ BOSTON, Aug 20- A few months ago, an innovative partnership between Valeant Pharmaceuticals and billionaire investor William Ackman to buy Botox maker Allergan Inc looked like a blueprint for success.
NEW YORK, Aug 19- U.S. crude oil lost nearly $2 on Tuesday, falling for a second straight day as a rush of selling ahead of the session close brought the contract to its lowest price since January.
Aug 19- Canada's Transportation Safety Board on Tuesday released its final report on last year's Lac-Mégantic crude train disaster, including a list of 18 "causes and contributing factors" to the catastrophic derailment that killed 47 people.
LAC-MÉGANTIC, Quebec, Aug 19- The Canadian government did not adequately audit the railroad company at the center of the Lac-Mégantic crude tanker disaster, which last year killed 47 people, an independent federal agency said on Tuesday, as it called for tougher scrutiny of the rail industry.
Aug 19- Activist investor Orange Capital LLC said it would ask oil and gas company Bellatrix Exploration Ltd to consider strategic alternatives after it became the largest shareholder in the Canadian company.
Brent crude oil for delivery in October was up 4 cents at $101.64 a barrel at 12:56 p.m. EDT, after falling to $101.07, the lowest level since June 2013, the same month Brent prices were last below $100 a barrel.
LAC-MÉGANTIC, Quebec, Aug 19- The Canadian government did not adequately audit the rail firm at the center of the Lac-Mégantic crude tanker disaster that last year killed 47 people, an independent federal agency said on Tuesday, as it called for tougher scrutiny of the rail industry.