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  • Nov 19- Cliffs Natural Resources Inc said it was looking to exit its Eastern Canadian iron ore operations, which may result in the closure of its Bloom Lake mine in Quebec. "Despite the continued interest of the prospective equity partners in Bloom Lake... the potential investment is not achievable within a time frame acceptable to Cliffs," Chief Executive Lourenco...

  • Cliffs looking to exit Canadian iron ore operations Wednesday, 19 Nov 2014 | 6:22 AM ET

    Nov 19- Cliffs Natural Resources Inc said it was looking to exit its Eastern Canadian iron ore operations, which may result in the closure of its Bloom Lake mine in Quebec.

  • Giant theme park expo highlights new fun for 2015 Wednesday, 19 Nov 2014 | 5:04 AM ET

    Those are just two of the new theme park attractions opening in 2015, announced this week at The International Association of Amusement Parks and Attractions Expo in Orlando, Florida. It's the theme park industry's biggest trade show, with 27,000 attendees, 1,000 exhibitors and nine miles of aisles snaking along the Orange County Convention Center in...

  • UPDATE 6-Keystone XL pipeline bill dies in U.S. Senate Tuesday, 18 Nov 2014 | 8:46 PM ET

    WASHINGTON, Nov 18- A bill to force approval of the Keystone XL pipeline failed in the U.S. Senate on Tuesday, sparing President Barack Obama from an expected veto of legislation that several fellow Democrats supported. She has staked her hopes of winning a fourth Senate term on the Keystone gambit. The tally was 59 to 41 on TransCanada Corp's $8 billion project,...

  • Nov 18- Canadian regulators are investigating traders' practice of circumventing domestic markets by sending stock orders to venues in United States in exchange for rebates, the Wall Street Journal reported. "But, in Canada, brokers are prohibited from paying them, and regulators there, including the Ontario Securities Commission, are exploring whether rule...

  • TORONTO, Nov 18- Barrick Gold Corp named mining industry veteran Shaun Usmar as its chief financial officer designate on Tuesday, marking the latest shake-up at the gold miner. The Toronto- based gold mining giant has in the last three months let go of at least three other top executives, including its chief executive, the head of legal counsel, along with its head of...

  • WASHINGTON, Nov 18- Keystone XL's top supporter in the U.S. Senate frantically lobbied colleagues on Tuesday in a last-ditch attempt to find enough "yes" votes to approve the oil pipeline from Canada. TransCanada Corp's Keystone XL pipeline has broad support in Louisiana, an oil-producing state, where Landrieu faces an uphill battle to win a new six-year term in a...

  • OTTAWA, Nov 18- Canada kept quiet as debate over the Keystone XL pipeline unexpectedly raced through the U.S. Congress because it does not want to inflame a heavily politicized issue, two sources familiar with the matter said on Tuesday. Canada, which has loudly backed TransCanada Corp's proposed project in the past, also had no response to unusually sharp words...

  • WASHINGTON, Nov 18- Keystone XL supporters in the U.S. Senate faced tough odds on Tuesday in passing a bill to approve the oil pipeline from Canada after one lawmaker they hoped might be a "yes" said he would vote against the project. "Congress is not- nor should it be- in the business of legislating the approval or disapproval of a construction project," Senator Angus...

  • CALGARY, Nov 18- The inability to cut interest rates below zero to stimulate the economy in the aftermath of the recent financial crisis has caused the Bank of Canada to begin considering whether it should raise its 2 percent inflation target, the bank said on Tuesday. Deputy Governor Agathe Cote said another argument in favor of raising the target was that...

  • CALGARY, Nov 18- The inability to cut interest rates below zero to stimulate the economy in the aftermath of the recent financial crisis has caused the Bank of Canada to begin considering whether it should raise its 2 percent inflation target, the bank said on Tuesday. Deputy Governor Agathe Cote said another argument in favor of raising the target was that...

  • WASHINGTON, Nov 18- Keystone XL supporters in the U.S. Senate faced tough odds for passing a bill to approve the oil pipeline from Canada on Tuesday after one lawmaker they hoped might be a "yes" said he would vote against the project. With the 100- member Senate one vote short of the needed 60 to pass a version of a bill that sailed through the House of Representatives...

  • Energy in 25 years: Who's producing, who's buying Tuesday, 18 Nov 2014 | 12:30 PM ET
    A cement factory releasing heavy smoke in Binzhou, China.

    The world will see huge shifts on both the usage and supply sides of the energy equation, according to BP's annual global energy forecast.

  • WASHINGTON, Nov 18- Backers of the Keystone XL oil pipeline hope a vote in the U.S. Senate late on Tuesday will send a bill clearing the way for the controversial project to President Barack Obama. Republican Senator John Hoeven of North Dakota, who introduced the bill with Landrieu, was asked on MSNBC's "Morning Joe" program on Tuesday if there were enough votes to...

  • US Senate rejects Canada-Texas oil pipeline Tuesday, 18 Nov 2014 | 2:11 AM ET

    WASHINGTON— In a combustible blend of oil and politics, the Democratic-controlled Senate rejected legislation Tuesday night to force completion of the Keystone XL Pipeline. The 59-41 Senate vote was one short of the 60 needed to clear the House-passed measure, and marked a severe blow to embattled Sen. The vote was one of the last acts of this Senate controlled...

  • U.S. Senate heads for vote on Keystone XL pipeline Tuesday, 18 Nov 2014 | 1:00 AM ET

    WASHINGTON, Nov 18- Backers of the Keystone XL oil pipeline hope a vote in the U.S. Senate late on Tuesday will send a bill to the desk of President Barack Obama. Backers of the bill in the 100- seat Senate need 60 votes to prevent a filibuster by opponents. The Senate is expected to vote as early as 6:15 p.m. ET on the TransCanada Corp pipeline, which would transport...

  • TORONTO, Nov 17- The Canadian province of Ontario trimmed its economic growth forecasts for the next three years on Monday but left its deficit targets unchanged and said its budget will be balanced by 2017-18.. In his fall fiscal update, Finance Minister Charles Sousa projected a deficit of C $12.5 billion in fiscal 2014-15, ending March 31, unchanged from the...

  • NEW YORK, Nov 17- The U.S. dollar gained against the euro and a basket of currencies on Monday after European Central Bank officials spoke of possible further actions to boost the region's struggling economy and Japan unexpectedly slipped into recession. "It tells you the intensity of the carry trade, central banks are trying to force people out of their currency,"...

  • Nov 17- Botox maker Allergan Inc on Monday accepted a $66 billion takeover bid from Actavis Plc, ending a seven-month hostile pursuit by activist investor William Ackman and Valeant Pharmaceuticals International Inc.. Besides the higher price tag, the Actavis deal came with only $400 million in R&D cuts for Allergan, far less than the $900 million decrease...

  • TORONTO, Nov 17- The Canadian province of Ontario said on Monday it continues to project a deficit of C $12.5 billion in fiscal 2014-15, with a balanced budget expected in 2017-18, unchanged from the forecasts in the Liberal government's July budget. In his fall fiscal update, Finance Minister Charles Sousa said there are signs economic growth in the province...