VANCOUVER – Sarah Reid tried to go from being a ballerina to a bobsledder, but the conversion did not work out as planned.
Lawmakers seek Libor controls at Deutsche Bank hearing
BERLIN (Reuters) – German politicians called for tighter regulation of global intere st rates after questioning Deutsche Bank about the manipulation of London's Libor benchmark lending rate. The flagship lender said it had made some provisions to cover the costs of various probes of possible manipulation of benchmark interest rates and reiterated that there were no signs that senior management had behaved inappropriately. But politicians in Berlin were unimpressed. … Review: There's someone on the futon - rooming through Couchsurfing, Airbnb
NEW YORK, N.Y. – “Do we still have a TV?”
Fisker pushes back China launch to 1st-quarter 2013
LOS ANGELES (Reuters) – Fisker Automotive will start selling its $100,000-plus Karma plug-in hybrid in China during the first quarter of next year to take advantage of the country’s rapidly growing market for luxury cars, company executives said on Wednesday. Fisker said earlier it would launch in China by the end of this year. But the company encountered a slight delay in obtaining final certification to sell cars in China and decided to focus on the Middle East first, spokesman Roger Ormisher said. …
Back from knee injury, Yurkiw carrying Canada's colours in Lake Louise downhills
LAKE LOUISE, Alta. – Larisa Yurkiw travelled a long road back from a catastrophic knee injury to be Canada’s lone woman racing World Cup downhills in Lake Louise, Alta., this week.
Canadian Tire to buy hockey retailer, cuts managers
(Reuters) – Canadian Tire Corp Ltd has agreed to buy closely held hockey retailer Pro Hockey Life Sporting Goods Inc for C$85 million ($85 million), and the company also said on Wednesday it would cut a handful of management positions. Pro Hockey Life has 23 stores in five Canadian provinces, and annual revenue of about C$95 million, said Canadian Tire, a Toronto-based diversified retailer. The deal follows last year’s acquisition of Forzani Group Ltd, now FGL Sports. Pro Hockey Life will join the FGL unit alongside its existing banners, which include Sport Chek and Atmosphere. …
Powerball jackpot climbs to $550M on ticket sales, enticing many who rarely play lottery
CHICAGO – As Americans went on a ticket-buying spree, the Powerball jackpot rose to $550 million Wednesday, enticing many people who rarely, if ever, play the lottery to purchase a shot at the second-largest payout in U.S. history.
Canada sticks to formula on CNOOC despite CFIUS refiling
OTTAWA (Reuters) – Canada said on Wednesday it would decide soon on two big foreign takeover bids for domestic energy companies , despite possible delays in approval by U.S. regulatory authorities. "We intend obviously to take decisions on a couple of particular matters along with some more general guidance to the marketplace. We intend to do that in the near future and that's all I'll say about that," Prime Minister Stephen Harper said. Harper has previously spoken about deciding in the "not-too-distant future", the "very near future" and "very soon". Harper's government is studying a $15. … Egypt's Muslim Brotherhood sets constitution showdown for tomorrow
At 10 a.m. in Cairo tomorrow (3 a.m. Eastern Standard Time), Egypt’s battle between Islamists and a loose coalition of secular politicians and political activists over the country’s new constitution looks set to come to a head.
Ontario's decade-long decline in employment led by factory sector
TORONTO – A Statistics Canada analysis showing Ontario’s status as the country’s economic engine has been in decline since the current Liberal government was elected in 2003 should come as no surprise, the province’s opposition parties said Wednesday.
Freelance journalists' films on Libya, Syria, Sudan win Rory Peck Awards
LONDON – Freelance journalists from France, Spain and Britain have won the Rory Peck Awards for video reporting in warzones including Libya and Syria.
Canada dollar strengthens on positive U.S. budget talks
TORONTO (Reuters) – The Canadian dollar firmed against the U.S. dollar on Wednesday as market sentiment improved on hopes that a deal can be reached on the U.S. “fiscal cliff”. President Barack Obama said he hopes he can reach agreement with Congress before Christmas to shrink the U.S. budget deficit and forge an agreement to avoid a package of tax increases and spending cuts scheduled to kick in at the end of the year that threaten a U.S. recession. U.S. House Speaker John Boehner, an Ohio Republican, said he is willing to put revenues on the table if accompanied by spending cuts. …
U of T team gets $2.2M from Gates Foundation to continue building better toilet
TORONTO – A team of University of Toronto engineers are flush with cash as they continue working to build a better toilet.
Redford says she didn't direct government business to ex's-husband's law firm
EDMONTON – Alberta Premier Alison Redford is denying allegations that as justice minister she directed that millions of dollars in legal work should go to a firm that employs her ex-husband.
No comments:
Post a Comment