China posted better-than-expected GDP figures, but economists say there's little evidence of progress in rebalancing its economic growth model.» Read More
Oct 4- Canada's main stock index looked set to open higher on Thursday after the European Central Bank left interest rates unchanged at its policy meeting and as upbeat U.S. economic data in the previous session helped alleviate fears of global slowdown.
*TD Securities raises Air Canada price target to C $3 from C $2; rating. Reuters Station users, click. 1568. Reuters Station users, click. 4899.
*National Bank Financial raises Air Canada price target to C $1.70. Reuters Station users, click. 1568. Reuters Station users, click. 4899.
*Air Canada load factor a record 84.9 pct, traffic up. Oct 3- Canada's two largest airlines, Air Canada. The load factor on Air Canada's flights to Australia, the Caribbean, Mexico, Central and South America made the biggest jump, to 82.9 percent from 79.4 percent in the same period last year.
TORONTO, Oct 3- Canada's main stock index ended modestly lower on Wednesday, as signs of a worsening economic slowdown in China and Europe weighed on commodity prices and resource shares, offsetting better-than-expected U.S. data. Canadian Natural Resources was the most influential decliner, down 2.9 percent to C $30.28.
*Reports record September load factor. *September load factor 84.9 percent, up 2.1 points. *Says September system traffic increased 3.1 per cent on a system-wide.
TORONTO, Oct 3- The Canadian government and its airlines could make a range of policy changes to slow the tide of 5 million travelers a year that head to the United States for cheaper flights, a think tank report said on Wednesday. Federal Finance Minister Jim Flaherty said the loss of travelers to the United States was troubling.
TORONTO, Oct 3- Shares of Air Canada contract carrier Chorus Aviation Inc fell nearly 10 percent on Wednesday, and an analyst warned it might have to cut its dividend, after an arbitration panel ruled in favor of Air Canada in a cost dispute.
Oct 3- WestJet Airlines Ltd said on Wednesday i t flew fuller planes in September t han in the same month a year earlier, helping Canada's No. 2 carrier deliver a third-quarter load factor that exceeded its expectations.
Oct 3- Chorus Aviation Inc:. *Jazz aviation lp received arbitration decision relating to benchmarking. provisions within cpa with Air Canada.
LONDON, Oct 3- Deutsche Bank is set to be the bank most affected, with profits hit hardest, by proposals to separate higher risk banking activities from traditional deposit-taking business, which are likely to affect about 20 banks, analysts said.
*British Columbia Premier Christy Clark has issued a veiled threat to withhold electricity needed to operate controversial oil sands pipelines if the projects do not meet her demands.
TORONTO, Oct 3- The Canadian government and its airlines can make a range of policy changes to slow the tide of 5 million travelers a year that head to the United States for cheaper flights, a think tank report said on Wednesday.
PARIS, Oct 3- Societe Generale said on Wednesday it had started exclusive talks to sell its loss-making Greek unit Geniki Bank to Greek lender Piraeus Bank as it seeks to cut its exposure to the debt-stricken country. Societe Generale is the latest French lender to pull out of Greece after expanding into the debt-laden country in the early 2000 s.
"Our new leisure group will benefit from combining the low cost carrier with the strong brand reputation of Air Canada Vacations and leveraging the established marketing and distribution channels of both Air Canada Vacations and Air Canada," Air Canada CEO Calin Rovinescu said in a statement.
Oct 2- Air Canada, Canada's biggest airline, said it would form an integrated leisure group by combining its tour operator business with its planned low-cost airline. The airline named Michael Friisdahl chief executive officer of the leisure group, which will include tour operator business Air Canada Vacations.
*To form leisure group with combination of new low-cost airline and Air Canada. vacations; Michael Friisdahl appointed as president and CEO of new unit. *Says new low-cost leisure airline to launch in 2013 with two Boeing 767-300 er.
Oct 2- Canada's main stock index looked set for a higher open on Tuesday, as euro zone worries eased after a report ignited expectations of an imminent bailout request from Spain.
Oct 2- Credit Agricole SA:. *Exane BNP Paribas raises Credit Agricole SA price target to 6.6. Reuters Station users, click. 1580.
*Natixis raises Banco Popolare target price to 1.12 euros. *Natixis raises BNP Paribas target price to 45.5 euros from 40 euros; rating buy. *Natixis raises Credit Agricole SA target price to 6.7 euros from.