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Sat, 20 Mar 2010 13:00:00 GMT

Greece's Prime Minister George Papandreou enters a hall where a cabinet meeting will take place inside the parliament in Athens March 18, 2010. REUTERS/Yiorgos KarahalisReuters - ATHENS (Reuters) - Greece has taken the necessary steps to tackle its fiscal crisis and will not default on its debt obligations, the country's prime minister said on Saturday in a speech to his socialist party's national council.


Sat, 20 Mar 2010 12:45:00 GMT

A man pulls a cycle-rickshaw with goods in front of a shop with boards of Bharti Airtel in Kolkata February 18, 2010. REUTERS/Parth SanyalReuters - NEW DELHI (Reuters) - The board of India's Bharti Airtel has approved a $9 billion offer for Kuwaiti telecom Zain's African assets, Bloomberg reported, citing two people with knowledge of the negotiations.


Sat, 20 Mar 2010 10:20:00 GMT
The Canadian Press - LONDON - British Airways was scrambling to deal with a three-day strike launched by cabin crew Saturday, throwing the plans of tens of thousands of travellers into chaos and risking harm to the Labour government before a tough general election.
Sat, 20 Mar 2010 10:20:00 GMT
The Canadian Press - LONDON - Britain's main opposition Conservative Party says it will impose a new tax on banks to avoid taxpayers bearing the cost of any future bailouts if the party wins upcoming general elections.
Sat, 20 Mar 2010 08:40:00 GMT

Last-ditch talks aimed at preventing a strike by some 12,000 BA cabin crew collapsed on Friday, leaving thousands of travellers facing chaos from midnight  Photo:Max Nash/AFP AFP - LONDON (AFP) - BA cabin crew began a three-day strike Saturday after last-ditch talks on a dispute over pay and conditions collapsed, leaving thousands of travellers facing chaos.


Sat, 20 Mar 2010 05:16:00 GMT

A Rio Tinto sign is pictured at the Shanghai offices of the firm. The trial of four Rio Tinto employees next week will be widely watched as a test of whether China is willing to honour commitments to foreign investors and be a responsible member of the world community.  Photo:Philippe Lopez/AFP AFP - BEIJING (AFP) - The trial of four Rio Tinto employees next week will be widely watched as a test of whether China is willing to honour commitments to foreign investors and be a responsible member of the world community.


Sat, 20 Mar 2010 02:57:00 GMT

The US Air Force tanker bidding contest against Boeing heated up, with Airbus parent EADS mulling a proposal and Russia's state firm UAC gearing up for one next week.  Photo:Eric Piermont/AFP AFP - WASHINGTON (AFP) - The US Air Force tanker bidding contest against Boeing heated up, with Airbus parent EADS mulling a proposal and Russia's state firm UAC gearing up for one next week.


Sat, 20 Mar 2010 01:54:00 GMT
The Canadian Press - TORONTO - TMX Group Inc. (TSX:X) says it will reduce its trading fees for securities trading at $1 or higher on the Toronto Stock Exchange and the TSX Venture Exchange.
Sat, 20 Mar 2010 01:53:00 GMT
The Canadian Press - WASHINGTON - Regulators on Friday shut down seven banks in five states, bringing to 37 the number of bank failures in the U.S. so far this year.
Sat, 20 Mar 2010 01:23:00 GMT

A Toronto Stock Exchange (TSX) logo is seen in Toronto November 9, 2007. REUTERS/Mark BlinchReuters - NEW YORK (Reuters) - TMX Group Inc , the operator of the Toronto Stock Exchange, on Friday said it will reduce trading fees for securities trading at C$1 and higher on the TSE and the TSX Venture Exchange.


Sat, 20 Mar 2010 00:45:00 GMT

Tourists take photos in front of the Parthenon temple at the Acropolis in Athens, March 18, 2010. REUTERS/John KolesidisReuters - BRUSSELS/ATHENS (Reuters) - European Commission President Jose Manuel Barroso urged EU member states on Friday to agree a standby aid package Greece after Athens said it could turn to the IMF for help.


Sat, 20 Mar 2010 00:39:00 GMT
The Canadian Press - TORONTO - Barrick Gold Corp. (TSX:ABX) expects that an initial public offering for a quarter stake in its African properties will reap US$834 million in cash for the global mining giant.
Fri, 19 Mar 2010 23:49:00 GMT

A man carries fruit boxes at the wholesale fruit market in Lima. Peru is aiming to complete negotiations on free trade agreements with Japan and South Korea in April, Trade Minister Martin Perez said Friday.  Photo:Ernesto Benavides/AFP AFP - LIMA (AFP) - Peru is aiming to complete negotiations on free trade agreements with Japan and South Korea in April, Trade Minister Martin Perez said Friday.


Fri, 19 Mar 2010 22:48:00 GMT

EU commissioner for Internal Market and Services French Michel Barnier, seen here in Brussells, sought on Friday to calm US fears of discrimination over European financial services reforms that would regulate hedge funds.  Photo:Georges Gobet/AFP AFP - PARIS (AFP) - EU financial services commissioner Michel Barnier sought on Friday to calm US fears of discrimination over European financial services reforms that would regulate hedge funds.


Fri, 19 Mar 2010 22:13:00 GMT

Japanese Prime Minister Yukio Hatoyama prays for victims of the 1995 sarin gas attacks by the Aum Supreme Truth cult group, at Tokyo's Kasumigaseki Station, on March 20. Tokyo marked the 15th anniversary of the attacks that left 13 people dead and more than 6,000 injured.  Photo:/AFPThe Canadian Press - NEW YORK - Oil prices slumped at the end of the week as continued uncertainty about Greece's economy helped lift the U.S. currency higher.


Fri, 19 Mar 2010 21:48:00 GMT
The Canadian Press - NEW YORK - Activist shareholder Carl Icahn raised the stakes in his year-long dispute with Lions Gate Entertainment Corp. on Friday, launching an all-out bid to take over the movie studio following disagreements over its spending.
Fri, 19 Mar 2010 21:44:00 GMT

This picture taken on January 2010 in Paris shows the internet homepage of the YouTube website. YouTube's creators walked away with hundreds of millions of dollars after the startup was bought by Google in 2006, according to documents released in a copyright brawl between Viacom and Google.  Photo:Loic Venance/AFPAFP - NEW YORK (AFP) - YouTube's creators walked away with hundreds of millions of dollars after the startup was bought by Google in 2006, according to documents released in a copyright brawl between Viacom and Google.


Fri, 19 Mar 2010 21:32:00 GMT

European leaders must agree on financial help for debt-laden Greece at their summit next week, Greek Prime Minister George Papandreou said Thursday. Duration: 00:55  Photo:/AFPAFP - BRUSSELS (AFP) - Europe split over IMF intervention for debt-ridden Greece on Friday, upping pressure on national leaders to resolve crisis plans just days from a crunch EU summit.


Fri, 19 Mar 2010 21:23:00 GMT
The Canadian Press - MONTREAL - AbitibiBowater is inching closer towards an exit from creditor protection after some union workers in Quebec approved concession-filled tentative agreements and the newsprint giant moved to sell a B.C. wood and paper mill.
Fri, 19 Mar 2010 21:13:00 GMT

A Canadian dollar, or loonie, sits on top of its American counterpart in Toronto Thursday Sept. 20, 2007. THE CANADIAN PRESS/Adrian WyldReuters - TORONTO (Reuters) - The Canadian dollar nearly wiped out the week's gain against the U.S. currency in a volatile session on Friday, rattled by a global move away from riskier assets that took down the price of key commodities.


Fri, 19 Mar 2010 21:05:00 GMT

An investor looks at a stock price monitor at a private securities company in Shanghai, China. THE ASSOCIATED PRESS/Eugene HoshikoThe Canadian Press - TORONTO - Commodity stocks led the way to a sharply lower session on the Toronto stock market Friday after uncertainty over the Greek financial crisis pushed the U.S. dollar higher, which in turn helped drive down prices for oil and metals.


Fri, 19 Mar 2010 20:56:00 GMT

People walk by a sign displaying TSX information in Toronto, August 17, 2009. REUTERS/Mark BlinchReuters - TORONTO (Reuters) - Toronto's main stock index ended lower for a second straight session on Friday, dropping below the 12,000 mark as weak commodity prices hit heavily weighted petroleum and metal producers.


Fri, 19 Mar 2010 20:50:00 GMT
The Canadian Press - CALGARY - With the Canadian dollar's recent rise toward parity, and oil trudging higher over the last few months, the days of pricey gasoline might seem to be once again close at hand.
Fri, 19 Mar 2010 20:26:00 GMT

Tourists take photos in front of the Parthenon temple at the Acropolis in Athens, March 18, 2010. REUTERS/John KolesidisReuters - BRUSSELS/ATHENS (Reuters) - The European Union's monetary affairs chief urged the bloc's leaders on Friday to agree a standby aid package for Greece next week but France and Germany struck different notes and the euro slid.


Fri, 19 Mar 2010 20:20:00 GMT

EADS opened the door Friday to a bid against Boeing for a lucrative US Air Force tanker contract after the Pentagon signaled a flexible deadline to accommodate the European aerospace giant.  Photo:Eric Piermont/AFPAFP - WASHINGTON (AFP) - EADS opened the door Friday to a bid against Boeing for a lucrative US Air Force tanker contract after the Pentagon signaled a flexible deadline to accommodate the European aerospace giant.


Fri, 19 Mar 2010 20:16:00 GMT

A Toronto Stock Exchange (TSX) logo is seen in Toronto November 9, 2007. REUTERS/Mark BlinchThe Canadian Press - OTTAWA - Consumer prices and retail sales jumped higher than expected according to data released Friday, setting the stage for a second strong economic quarter - and the prospect of higher interest rates.


Fri, 19 Mar 2010 20:08:00 GMT

Last-ditch talks aimed at preventing a strike by some 12,000 BA cabin crew collapsed on Friday, leaving thousands of travellers facing chaos from midnight  Photo:Max Nash/AFP AFP - LONDON (AFP) - Last-ditch talks aimed at preventing a strike by some 12,000 British Airways (BA) cabin crew collapsed Friday, leaving thousands of travellers facing chaos from midnight (0000 GMT).


Fri, 19 Mar 2010 20:04:00 GMT

An employee counts U.S. dollar banknotes at a branch of Huaxia Bank in Shenyang, Liaoning province March 18, 2010. REUTERS/Sheng LiReuters - BEIJING (Reuters) - China on Friday said it was sending an envoy to Washington to try to ease trade frictions as its currency regime comes under fire, warning that threats from U.S. legislators could stifle room for progress.


Fri, 19 Mar 2010 19:51:00 GMT

The president of the Inter-American Development Bank (IDB), Colombian Luis Alberto Moreno speaks in 2009. The IDB sought a boost in capital for increased lending to Latin America and the Caribbean as its annual meeting opened on Friday in Mexico.  Photo:Mauricio Duenas/AFPAFP - CANCUN (AFP) - The Inter-American Development Bank (IDB) sought a boost in capital for increased lending to Latin America and the Caribbean as its annual meeting opened on Friday in Mexico.


Fri, 19 Mar 2010 19:51:00 GMT
Reuters - TORONTO (Reuters) - Low-cost wireless carrier Globalive Communication Corp said it could get by without securing the several hundred million dollars in new financing it is currently discussing with potential backers as it aggressively looks to expand its Canadian market share.
Fri, 19 Mar 2010 19:19:00 GMT
The Canadian Press - BRANTFORD, Ont. - Liquidation World Inc. (TSX:LQW) says it has closed $2 million in private-placement financing with two investment firms run by its own board members.
Fri, 19 Mar 2010 19:17:00 GMT
Reuters - OTTAWA (Reuters) - Canadian Prime Minister Stephen Harper declined to comment on the rising Canadian dollar on Friday but noted the central bank had expressed concerns about the risk to economic recovery posed by the currency's appreciation.
Fri, 19 Mar 2010 18:53:00 GMT
The Canadian Press - MONTREAL - Insolvent newsprint giant AbitibiBowater is unloading more assets as it seeks a Quebec court's permission to sell its largely idled Mackenzie, B.C., wood and paper mills to a subsidiary of privately-held Conifex Inc. for an undisclosed price.
Fri, 19 Mar 2010 18:52:00 GMT
The Canadian Press - CALGARY - Circa Enterprises Inc. said Friday it shrunk its fourth-quarter loss to $200,000 from a year-earlier loss of $1.6 million despite lower revenues.
Fri, 19 Mar 2010 18:51:00 GMT
The Canadian Press - NEW YORK - Boeing Co. (NYSE:BA) will speed up production plans for its 777 and 747 models in anticipation of greater demand from commercial airlines.
Fri, 19 Mar 2010 18:48:00 GMT

A Swiss flag flies above a Credit Suisse branch in Bern. German prosecutors said Friday they were investigating around 1,100 customers and staff of Swiss bank Credit Suisse's local operations on suspicion of hiding money from German tax authorities.  Photo:Fabrice Coffrini/AFPAFP - BERLIN (AFP) - Over 1,000 rich Germans with accounts at Swiss bank Credit Suisse found themselves under investigation Friday following the purchase by authorities of a CD containing the names of tax dodgers.


Fri, 19 Mar 2010 17:32:00 GMT
The Canadian Press - HELSINKI, Finland - A port strike that shut down most of Finland's foreign trade has ended, National Conciliator Esa Lonka said Friday.
Fri, 19 Mar 2010 17:32:00 GMT
The Canadian Press - BEIJING - Melco China Resorts Ltd. (TSXV:MCG) cut its net loss in half in 2009 despite what it called a "challenging year" brought on by the economic downturn.
Fri, 19 Mar 2010 17:31:00 GMT
The Canadian Press - PALM HARBOR, Fla. - Tiger Woods won't replace AT&T with a new corporate sponsor on his golf bag when he returns at the Masters, instead using his Nike brand.
Fri, 19 Mar 2010 17:25:00 GMT

General secretary of ACP States Mohamed Ibn Chambas (L) and EU commissioner for Development Andris Piebalgs (R), talk prior to EU negotiations with African, Caribbean and Pacific (ACP) nations on revising a development agreement signed in June 2000 in Cotonou at the EU headquarters in Brussels.  Photo:Georges Gobet/AFPAFP - BRUSSELS (AFP) - Negotiators on Friday avoided disputes over gay and illegal immigrant rights between European and African, Caribbean and Pacific (ACP) nations to revise a development agreement.


Fri, 19 Mar 2010 17:13:00 GMT

The Italian government announced on Friday it would offer 420 million euros (560 million dollars) in incentives to aid industries having economic trouble in a slow recovery. 'The objective of this decree is to support it (the recovery) in order to attain the growth goal for 2010,' said Italy's Industry Minister Claudio Scajola at a press conference.  Photo:Georges Gobet/AFPAFP - MILAN (AFP) - The Italian government announced on Friday it would offer 420 million euros (560 million dollars) in incentives to aid industries having economic trouble in a slow recovery.


Fri, 19 Mar 2010 16:58:00 GMT

German Finance Minister Wolfgang Schaeuble delivers a speech during a debate at the Bundestag, the lower house of parliament, in Berlin. Foreign criticism of Germany's trade surplus, most recently from France, is a compliment, Schaeuble said on Friday.  Photo:Berthold Stadler/AFPAFP - BERLIN (AFP) - Foreign criticism of Germany's trade surplus, most recently from France, is a compliment, Finance Minster Wolfgang Schaeuble said on Friday.


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