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In light of Sunshine Oilsands' quarterly loss, John Zahary, President and CEO, says the company's projects are in pre-production stage and revenue will start coming in soon.
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Nov 29- First Quantum Minerals Ltd said on Thursday it believed Inmet Mining Corp's board was selling shareholders short by refusing to enter into talks on a takeover proposal put forward by First Quantum earlier this month.
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BRUSSELS, Nov 29- EU trade ministers overcame resistance from the car industry on Thursday and agreed to start negotiations to create a free-trade pact with Japan, Europe's most ambitious step so far in a strategy to tie up deals with the world's biggest economies.
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*Staples like autos, appliances to benefit alongside discretionary. TORONTO, Nov 29- While fear of the U.S. fiscal cliff promises to hold financial markets hostage at least to year-end, a surge in Black Friday shopping and a recovery in the U.S. housing market has Canadian investors looking to a few consumer-fed stocks for potential growth.
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TORONTO, Nov 29- Royal Bank of Canada's quarterly profit rose 22 percent on a sharp jump in fixed-income trading revenue and steady loan growth, suggesting the long-awaited slowdown in Canadian consumer lending has yet to materialize.
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BRUSSELS, Nov 29- EU trade ministers overcame resistance from the car industry on Thursday and agreed to start negotiations to create a free-trade pact with Japan, Europe's most ambitious step so far in a strategy to tie up deals with the world's biggest economies.
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Nov 29- First Quantum Minerals Ltd said on Thursday it is both "surprised and disappointed" that the board of Inmet Mining Corp has decided to reject the takeover proposal that it put forward earlier this month.
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NEW YORK, Nov 29- The euro rose for a second straight day against the dollar on Thursday, boosted by positive European news and increased expectations U.S. lawmakers will agree on a deal to avert higher taxes and spending cuts in the world's largest economy.
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Nov 29- First Quantum Minerals Ltd said on Thursday it is both "surprised and disappointed" that the board of Inmet Mining Corp has decided to reject the takeover proposal that it put forward earlier this month.
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TORONTO, Nov 29- Royal Bank of Canada's quarterly profit rose 22 percent on a sharp jump in fixed income trading revenue and steady loan growth, suggesting the long-awaited slowdown in Canadian consumer lending has yet to materialize.
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TORONTO, Nov 29- Research In Motion received a big boost on Thursday after Goldman Sachs raised its rating on the company, sending shares of the BlackBerry maker soaring more than 12 percent in trading before the morning bell.
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TORONTO, Nov 29- Royal Bank of Canada's quarterly profit rose 22 percent on a sharp jump in fixed income trading revenue and steady loan growth, Canada's largest bank said on Thursday.
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TORONTO, Nov 29- Royal Bank of Canada's quarterly profit rose 22 percent, driven by a sharp jump in fixed income trading revenue and steady loan growth, Canada's largest bank said on Thursday.
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BRUSSELS, Nov 29- EU trade ministers agreed on Thursday to start negotiations towards a free-trade agreement with Japan, officials said, overcoming resistance from European carmakers who fear a deal might damage their industry. The agreement gives the European Commission, the EU executive, authority to negotiate with Japan on behalf of the 27 EU member states.
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*Rio says to cut $5 bln in operating costs by end 2014. *Sees ore production cost falling to just over $35.50/ t from $47 delivered to China. MELBOURNE/ SYDNEY Nov 29- Rio Tinto aims to axe $7 billion in costs over the next two years and sell more assets to cushion against weaker commodity prices, while at the same time beefing up output in its lucrative iron ore business.
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WASHINGTON, Nov 29- U.S.-led talks on a free-trade pact in the Asia-Pacific region are entering a potential make-or-break stage, putting pressure on President Barack Obama and other leaders to sacrifice sensitive domestic interests for a big deal to boost growth.
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DOHA, Nov 29- India and Brazil accused rich nations on Thursday of doing too little to fight climate change at U.N. talks in Doha and denied that emerging economies were back-sliding from pledges to step up action from 2020..
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OTTAWA, Nov 29- Canada's budget watchdog said the Conservative government appears to have overstated its budget deficit by an average of C $4.7 billion a year for the current and next three fiscal years.
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*Boosts price target on RIM shares to $16 from $9. TORONTO, Nov 29- A wave of optimism surrounding the launch of Research In Motion's re-engineered BlackBerry line picked up momentum on Thursday with Goldman Sachs raising its rating on the smartphone maker and setting off a surge in i ts share price.
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BRUSSELS, Nov 29- EU trade ministers overcame resistance from the car industry on Thursday and agreed to start negotiations to create a free-trade pact with Japan, Europe's most ambitious step so far in a strategy to tie up deals with the world's biggest economies.
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SYDNEY, Nov 29- BHP Billiton said it is looking inside and outside the company as well as using external advisers to help with succession plans for its chief executive, following reports the world's biggest miner was preparing for changes at the top.