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  • DRESDEN, Germany— Economic growth that's not as strong as everyone would like. A potential financial blowup in Greece. Those were three of the most pressing topics hanging over top finance officials from the Group of Seven wealthy democracies at their gathering in Dresden, Germany.

  • UPDATE 5-Oil steadies ahead of U.S. inventory data Thursday, 28 May 2015 | 7:48 AM ET

    LONDON, May 28- Oil prices steadied on Thursday after a two-day slide as investors awaited data from the U.S. Energy Information Administration to see how American oil production was responding to a recent surge in prices. Industry group American Petroleum Institute said on Wednesday that U.S. crude oil inventories rose by 1.3 million barrels last week,...

  • Correction: Obit-U2 Tour Manager story Thursday, 28 May 2015 | 7:12 AM ET

    NEW YORK— In a story May 27 about the death of veteran U2 tour manager Dennis Sheehan, The Associated Press reported erroneously that his death came just hours after the band kicked off its latest tour. In fact, his death came just hours after the band kicked off the Los Angeles portion of its latest tour. NEW YORK— For more than three decades, U2's beloved tour manager,...

  • Descartes Systems misses Street 1Q forecasts Thursday, 28 May 2015 | 6:15 AM ET

    WATERLOO, Ontario _ The Descartes Systems Group Inc. on Thursday reported fiscal first-quarter net income of $4.9 million. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 7 cents per share. Descartes Systems shares have increased roughly 3 percent since the beginning of the year.

  • Canadian Imperial Bank posts 2Q profit Thursday, 28 May 2015 | 6:06 AM ET

    TORONTO _ Canadian Imperial Bank of Commerce on Thursday reported fiscal second-quarter net income of $728.8 million. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.82 per share. Canadian Imperial Bank shares have fallen 11 percent since the beginning of the year.

  • LONDON, May 28- Oil prices recovered on Thursday after a two-day slide as the dollar weakened, making fuel less expensive for holders of other currencies. "Much depends on the U.S. dollar," said Carsten Fritsch, senior oil and commodities analyst at Commerzbank in Frankfurt. Front-month Brent was up 65 cents at $62.71 a barrel by 0815 GMT.

  • Jeb Bush and corporate boardrooms: 15 cases Thursday, 28 May 2015 | 3:30 AM ET

    WASHINGTON— Jeb Bush served on the board of directors or as an adviser to at least 15 companies and nonprofits since leaving office as Florida governor in early 2007. Here are the 15, his role for each, the years he served and his pay in the cases it is known:. Tenet Healthcare Corp., publicly traded hospital operator in Dallas. Rayonier Inc., publicly traded timber...

  • CALGARY, Alberta, May 27- A wildfire raging in northeastern Alberta near two major oil sands projects nearly doubled in size to 17,000 hectares on Wednesday, although firefighters made some progress tackling blazes elsewhere in the oil-rich Western Canadian province. The fires have forced energy companies operating in Alberta, the largest source of U.S. oil...

  • INTERNATIONAL FALLS, Minn.— An old wooden railroad bridge near Minnesota's northern border burned and collapsed early Wednesday, shutting a busy train route that connects the Pacific Coast with Chicago. The bridge in Koochiching County belongs to Canadian National Railway. The collapse blocked a Canadian National line that runs from Prince Rupert, British...

  • DRESDEN, Germany, May 27- Canadian Finance Minister Joe Oliver said on Wednesday he did not think "anything inadvertent" would happen to derail progress towards a solution on the long-running Greek crisis. Treasury Secretary Jack Lew urged international creditors to show more flexibility in negotiations with Athens to avert a possible default and exit from...

  • Alberta wildfires rage on, intensify near oil sands sites Wednesday, 27 May 2015 | 1:03 PM ET

    CALGARY, Alberta, May 27- A wildfire raging in northeastern Alberta near two major oil sands projects nearly doubled in size to 17,000 hectares on Wednesday, although firefighters made some progress tackling blazes elsewhere in the oil-rich Western Canadian province. Geoffrey Driscoll, a wildfire information officer at the Alberta government, said the fire...

  • TORONTO, May 27- Canadian payments software startup Payfirma has raised C $13 million in its first institutional funding round and is considering an initial public offering in 2016, its chief executive officer said on Wednesday. CEO Michael Gokturk said in an interview the company is considering an IPO as early as 2016, and could list in Toronto and New York.

  • National Bank of Canada posts 2Q profit Wednesday, 27 May 2015 | 10:52 AM ET

    MONTREAL _ National Bank of Canada on Wednesday reported fiscal second-quarter earnings of $310.3 million. National Bank of Canada shares have fallen 5.5 percent since the beginning of the year. Keywords: National Bank of Canada, Earnings Report.

  • Bank of Montreal posts 2Q profit Wednesday, 27 May 2015 | 8:45 AM ET

    TORONTO _ Bank Of Montreal on Wednesday reported fiscal second-quarter profit of $793.9 million. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.36 per share. Bank of Montreal shares have dropped 12 percent since the beginning of the year.

  • The company's net income attributable to shareholders rose to C $388 million, or C $1.13 per share, in the second quarter ended April 30 from C $345 million, or C $1.01 per share, a year earlier. Excluding items, the Montreal- based lender earned C $1.15 per share, above analysts' average estimate of C $1.12 per share, according to Thomson Reuters I/B/E/S.

  • INGLEWOOD, Calif.— U2's latest live show included a call to fight AIDS, condemnation of the 1974 car bombings in Ireland, the voice of Stephen Hawking, high-tech stage gimmicks and just over two hours of music, including most of its 2014 album, "Songs of Innocence." Performing together since 1976, front man Bono, guitarist the Edge, bassist Adam Clayton and drummer...

  • CALGARY, Alberta, May 26- Statoil ASA, MEG Energy Corp and Cenovus Energy Inc evacuated hundreds of workers from three oil sands projects in northeastern Alberta on Tuesday as wildfires raged through the key crude-producing region. The Alberta government said there are 70 forest fires now burning in the province, with 20 considered out of control.

  • CALGARY, Alberta, May 26- Cenovus Energy Inc evacuated all 90 workers from its Narrows Lake oil sands project in northeastern Alberta on Tuesday as a precaution against wildfires, the company said. Cenovus, which shut down operations at its Foster Creek project over the weekend, joined MEG Energy and Statoil in pulling workers from their sites on Tuesday as the...

  • *Canada's trading partners say patience running out. Farmers in the province of Quebec, which produces 40 percent of Canada's dairy products, ran full-page newspaper advertisements on Tuesday warning Trans-Pacific Partnership negotiations threaten incomes and jobs. Canada's partners in the TPP, which would link 12 countries and 40 percent of the world...

  • WINNIPEG, Manitoba, May 26- The Canadian Food Inspection Agency said on Tuesday it has started to detain imports from India of corn for feeding livestock to allow for testing of aflatoxins. The move is intended to prevent contamination of livestock feed after high levels of aflatoxin were detected in organic feed corn from India, the CFIA said.