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  • Revel auction off till Monday; $98M top bid Tuesday, 30 Sep 2014 | 1:58 AM ET

    Brookfield Asset Management, which owns casinos in Las Vegas and the Bahamas, bid $98 million for Revel on Tuesday. It's vying with Florida developer Glenn Straub for the right to buy the $2.4 billion Revel for pennies on the dollar. Brookfield owns the Hard Rock Hotel& Casino in Las Vegas and the Atlantis Paradise Island in the Bahamas.

  • TORONTO, Sept 29- Work on a pair of U.S. commercial spaceships to ferry astronauts to and from the International Space Station will be delayed after a losing contender protested the NASA awards, agency Administrator Charles Bolden said on Monday.

  • OTTAWA, Sept 29- A little-known Canadian federal agency helped put in place a total of $418 million worth of Cuban deals for a firm headed by Cy Tokmakjian, the businessman jailed for corruption in Havana last week. The total value of CCC's Cuban contracts with the Tokmakjian Group between 1992 and 2011 was C $418 million, said corporation spokeswoman Lina Seto.

  • TORONTO/ HAVANA, Sept 29- Cuba offered to free jailed Canadian executive Cy Tokmakjian in return for $55 million and company assets, his company said on Monday, but the deal fell through because the firm didn't have the money and the businessman wanted to clear his name.

  • UPDATE 1-Canada's TMX names Lou Eccleston as CEO Monday, 29 Sep 2014 | 6:14 PM ET

    TORONTO, Sept 29- TMX Group Ltd named Lou Eccleston as its new chief executive officer, the Toronto Stock Exchange operator said on Monday, after a lengthy global search to replace retiring CEO Tom Kloet. Eccleston left McGraw Hill Financial in July. Eccleston has also previously worked at Thomson Reuters Corp predecessor Thomson Financial, and at Bloomberg LP.

  • BUSINESS-NEWS-SCHEDULE AT 1930 GMT / 3:30 p.m. ET Monday, 29 Sep 2014 | 3:30 PM ET

    FRANKFURT/ NEW YORK- Officials from Pimco and its German parent Allianz scramble to contain the fallout from star bond manager Bill Gross' stunning exit last week, and money continues to leave the firm, giving a huge boost to rival bond houses like DoubleLine, which saw record inflows. Canada's Encana to buy Athlon Energy for $5.93 bln.

  • TORONTO, Sept 29- Cuba had offered a deal to release a Canadian executive sentenced to 15 years in prison last week in return for C $55 million and company assets, the Canadian firm's officials said on Monday.

  • Muji, which expects to open its first Canadian store in November in Toronto, wants to have more stores overseas than in Japan within the next two years. At the end of February, the unit of Ryohin Keikaku Co Ltd operated 255 stores outside of its home country, including 100 in China, according to its website. This compared with 385 stores in Japan.

  • Family: Canadian man jailed in Cuba innocent Monday, 29 Sep 2014 | 1:34 PM ET

    VAUGHAN, Ontario— The son of a Canadian automobile executive who has been sentenced to 15 years in jail in Cuba on corruption charges said Monday his dad maintains he's innocent and is determined to fight for his freedom.

  • Uber to use regular taxi drivers in Germany Monday, 29 Sep 2014 | 10:38 AM ET

    Uber said it would start its UberTaxi service-- which uses regular taxi drivers to pick up rides in their down time-- in Berlin and Hamburg before rolling it out in other cities.

  • The case has come under deep skepticism from Western diplomats who have considered the evidence weak and say it threatens to scare off foreign investors at a time when Cuba is actively seeking business partners from abroad.

  • Two aides received sentences of 12 and 8 years and Cuba seized about $100 million worth of the company's assets, the Ontario- based transportation firm said in a statement. The Tokmakjian Group, which did an estimated $80 million in business annually with Cuba, called the sentences "absurd" and the result of a "show trial."

  • HAVANA, Sept 27- A Cuban court has sentenced Canadian executive Cy Tokmakjian to 15 years in prison for bribery and other economic charges in a chilling development for potential foreign investors, his company, the Tokmakjian Group, said on Saturday.

  • Cuba hands Canadian businessman 15-year sentence Saturday, 27 Sep 2014 | 5:11 PM ET

    Ontario- based Tokmakjian Group said the charges against its president, Cy Tokmakjian, 74, were concocted as an excuse to seize the automotive firm's $100 million in assets in Cuba.

  • CALGARY, Alberta, Sept 26- Jim Prentice, the one-time federal minister and investment banker sworn in as premier of Alberta earlier this month, said on Friday the Canadian province must secure new oil-export pipelines to ensure the growth of its oil sands sector.

  • Sept 26- T. Rowe Price, the second largest shareholder in Allergan Inc, said on Friday that it wants the company to hold off on making major moves before a Dec. 18 special shareholder meeting, and criticized the board's corporate governance.

  • AUBURN HILLS, Mich., Sept 26- Chrysler Group LLC Chief Executive Officer Sergio Marchionne said on Friday that the automaker's Windsor, Ontario minivan plant will be shut for 12 weeks of upgrades in the first and second quarters of 2015 ahead of its production of the company's next-generation minivan.

  • FOREX-U.S. growth drives dollar to 11th winning week Friday, 26 Sep 2014 | 3:17 PM ET

    *Dollar gains widen after U.S. NEW YORK, Sept 26- The dollar posted an 11th straight week of gains against a basket of major currencies on Friday, extending the longest winning streak since its 1971 free float under President Richard Nixon. It last traded at $1.2680, just off a low of $1.2679 not seen in two years.

  • US regulators OK 330-mile Canada-NYC power line Friday, 26 Sep 2014 | 3:08 PM ET

    ALBANY, N.Y.— Federal energy regulators have given final approval for construction of a 330- mile electric transmission line to carry lower-cost Canadian hydroelectric power to New York City.

  • EU-Canada trade deal has been finalized Friday, 26 Sep 2014 | 2:34 PM ET

    OTTAWA, Ontario— A major trade agreement with Canada has the backing of all 28 EU countries after last minute opposition from Germany had threatened to scuttle the deal, European Union leaders said Friday.