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  • The Biomedical Advanced Research and Development Authority has told the company that its anti-Ebola treatments should be efficient as Mapp Biopharmaceutical's ZMapp. The number of new cases has plummeted but officials have said much work still needs to be done before the virus is snuffed out in Liberia, Guinea and Sierra Leone, the three worst affected...

  • Medicago wins contract to develop Ebola treatments Tuesday, 24 Feb 2015 | 10:10 AM ET

    Feb 24- Canadian drugmaker Medicago said it received a contract from a U.S. federal agency to develop three different potential treatments for Ebola. The Biomedical Advanced Research and Development Authority has told the company that its anti-Ebola treatments should be efficient as Mapp Biopharmaceutical's ZMapp. The company said on Tuesday it would...

  • TORONTO/ GATINEAU, Quebec, Feb 23- Canada's biggest railway reached a last-minute tentative agreement with one of its unions on Monday, averting a lockout that threatened to delay imports from Asia and compound a U.S. West Coast port logjam. Canadian National Railway Co and Unifor, the union representing its 4,800 mechanical, clerical and trucking workers,...

  • TORONTO/ GATINEAU, Quebec, Feb 23- Canada's biggest railway reached a last-minute tentative agreement with one of its unions on Monday, averting a lockout that threatened to delay imports from Asia and compound a U.S. West Coast port logjam. Canadian National Railway Co and Unifor, the union representing its 4,800 mechanical, clerical and trucking workers,...

  • SINGAPORE, Feb 24- U.S. crude held steady in early Asian trade on Tuesday after dropping below $50 a barrel the session before, while heating oil futures had jumped 5 percent in the United States due to operational problems at major refineries there. *U.S. crude for April delivery was trading 3 cents higher at $49.48 a barrel at 0018 GMT. *Royal Dutch Shell Plc is...

  • DIARY-Top Economic Events to March 9 Monday, 23 Feb 2015 | 7:01 PM ET

    FRANKFURT- European Central Bank President Mario Draghi gives a speech at an event to unveil the new 20 euro banknote- 1400 GMT. LONDON, United Kingdom- Bank of England monetary policy member Kristin Forbes speaks at the annual State of the Economy Conference on "Prospects for the UK Economy" organized by the Institute of Economic Affairs- 0910 GMT.

  • TORONTO, Feb 23- A looming lockout at Canada's biggest railway threatens to delay imports from Asia and may compound a U.S. West Coast port logjam unless last-ditch contract talks succeed on Monday. CN Rail operates freight trains on tracks across Canada and the United States, but Unifor represents only Canadian workers. Ontario- based automakers such as Ford...

  • TORONTO, Feb 23- A looming lockout at Canada's biggest railway threatens to delay imports from Asia and may compound a U.S. West Coast port logjam unless last-ditch contract talks succeed on Monday. CN Rail operates freight trains on tracks across Canada and the United States, but Unifor represents only Canadian workers. A lockout could spur disruptions of...

  • TORONTO, Feb 23- A train derailment in Canada this month that set ablaze several new-model tank cars carrying crude oil shows the need for tougher rail car standards, Canada's safety watchdog said on Monday. The Canadian National Railway Co. train, carrying crude and petroleum distillates, derailed in northern Ontario on Feb. 14, setting seven of its 100 cars on...

  • TORONTO— A fiery oil train derailment in Ontario this month suggests new safety requirements for tank cars carrying flammable liquids are inadequate, Canada's transport safety board announced Monday. The accident was the latest in a spate of fiery derailments in Canada and the U.S., a trend which American safety officials say drives home the need for stronger...

  • TORONTO, Feb 23- Canadian National Railway Co and the union representing 4,800 of its mechanical, clerical and trucking staff will resume contract talks on Monday, just hours before a deadline set by Canada's No. 1 railway to lock out the workers. CN Rail operates freight and some passenger trains on tracks across Canada and the United States.

  • TORONTO, Feb 23- Canadian National Railway Co and the union representing 4,800 of its mechanical, clerical and trucking staff will resume contract talks on Monday, just hours before a deadline set by Canada's No. 1 railway to lock out the workers. CN Rail operates freight and some passenger trains on tracks across Canada and the United States.

  • LONDON, Feb 23- Train derailments involving crude oil and ethanol in the United States will cost more than $18 billion over the next 20 years, according to an assessment by the U.S. Department of Transportation. USDOT also considered a tail-risk event occurring in a densely populated urban centre such as Chicago and estimated the damages from a single incident...

  • Somalia extremists urge attacks on US shopping malls Monday, 23 Feb 2015 | 8:03 AM ET

    JOHANNESBURG— A video purported to be by Somalia's al-Qaida- linked rebel group al-Shabab urged Muslims to attack shopping malls in the U.S., Canada, Britain and other Western countries. The threat by the al-Qaida affiliate came in the final minutes of a more than hourlong video released Saturday in which the extremists also warned Kenya of more attacks like the...

  • First Majestic reports 4Q loss Monday, 23 Feb 2015 | 7:27 AM ET

    VANCOUVER, British Columbia _ First Majestic Silver Corp. on Monday reported a loss of $64.6 million in its fourth quarter. On a per-share basis, the Vancouver, British Columbia- based company said it had a loss of 55 cents. For the year, the company reported that its loss widened to $61.4 million, or 52 cents per share.

  • TORONTO, Feb 22- Canadian National Railway said late on Sunday it was unable to reach full agreement on a negotiated settlement with Unifor, the union representing 4,800 of its mechanical, clerical and intermodal staff, and will resume talks on Monday morning. CN Rail also said it is prepared to supervise specially-trained employees represented by Unifor who...

  • Canadian drugmaker Valeant Pharmaceuticals International Inc. has agreed to buy Salix Pharmaceuticals Ltd. for about $10 billion in cash. The deal is a win for Valeant, which made several offers to buy Allergan last year, but was repeatedly rebuffed by the Botox-maker. Allergan agreed to be acquired by Ireland- based Actavis in November.

  • NEW YORK, Feb 22- Canada's Valeant Pharmaceuticals International Inc. agreed to acquire gastrointestinal drugmaker Salix Pharmaceuticals Ltd. in an all-cash deal valued at about $10.1 billion, the two companies said on Sunday. The deal is the largest ever for Laval, Quebec- based Valeant, which lost a take-over contest for Allergan Inc last year.

  • BUSINESS-NEWS-SCHEDULE AT 2100 GMT / 4:00 p.m. ET Sunday, 22 Feb 2015 | 4:30 PM ET

    ATHENS- Greece's government prepares reform measures to secure a financial lifeline from the euro zone, but is attacked for selling "illusions" to voters after failing to keep a promise to extract the country from its international bailout. The story of how Greece's charismatic new minister failed during often chaotic negotiations to break German...

  • The projection comes from a previously unreported analysis by the Department of Transportation that reviewed the risks of moving vast quantities of both fuels across the nation and through major cities. The study completed last July took on new relevance this week after a train loaded with crude derailed in West Virginia, sparked a spectacular fire and...