Egypt's government condemns death fatwas
CAIRO (AP) -- Egypt’s prime minister has condemned religious edicts by hardline Muslim clerics calling for the killing of opposition leaders and says the government is considering legal action against them.
Poor in cages show dark side of Hong Kong boom
HONG KONG (AP) -- For many of the richest people in Hong Kong, one of Asia's wealthiest cities, home is a mansion with an expansive view from the heights of Victoria Peak. For some of the poorest, like Leung Cho-yin, home is a metal cage.
Lucy Lawless says trespass ruling 'great victory'
Lawless and seven other Greenpeace activists were each ordered Thursday to pay 651 New Zealand dollars ($547) costs to a port company and complete 120 hours of community service after earlier pleading …
Bell Canada parent profit rises on strong wireless unit
(Reuters) – BCE Inc , Canada’s biggest telecom provider, reported higher quarterly profit and raised its dividend on Thursday, as the wireless and media divisions and investment gains boosted the bottom line. But the Bell Canada parent said it expected revenue to stagnate or grow by at most 2 percent this year, compared with 3 percent growth in 2012. The company, which together with Rogers Communications Inc and Telus Corp dominates the Canadian market, sees earnings for 2013 rising slightly. …
Japan says 2 Russian fighters entered its airspace
TOKYO (AP) -- Japan's Defense Ministry said two Russian fighter jets briefly intruded Thursday into Japanese airspace as the country was holding rallies demanding that Moscow return a group of disputed islands.
US warns of 'consequences' in Kenya election
NAIROBI, Kenya (AP) -- The top U.S. State Department official on Africa is telling Kenyan voters of the possibility of “consequences” depending on whom the country selects as president.
Agrium case for staying together flawed: Jana
(Reuters) – Canadian fertilizer company Agrium Inc has failed to prove that it should keep its two main divisions together, and also needs to cut costs and use capital more effectively, activist shareholder Jana Partners said on Thursday. Jana, the largest Agrium investor with 6 percent of shares, was rebutting a presentation the company made to sell-side analysts on January 28. (Reporting by Rod Nickel in Winnipeg, Manitoba; Editing by Gerald E. McCormick)
Manulife returns to profitability in fourth quarter
TORONTO (Reuters) – Manulife Financial Corp reported a fourth-quarter profit on Thursday as it benefited from tax and investment gains, as well as stronger sales of insurance and wealth products in its Asian division. Net income was well ahead of analysts’ estimates, but the core result – a measure Manulife introduced last quarter to separate out the volatile impact of financial markets – fell just short. “We believe Manulife’s results should be well received, even if the initial reaction is lukewarm towards the miss on core,” Barclays Capital analyst John Aiken said. …
EU pressured to blacklist Hezbollah in wake of Bulgaria bus attack report
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New house prices rose 0.2 per cent in December: StatsCan
OTTAWA – Statistics Canada says its new housing price index rose 0.2 per cent in December, following a 0.1 per cent increase in November.
Clashes hit Syrian capital for a second day
BEIRUT (AP) -- Syrian troops and rebels clashed again Thursday in the capital Damascus, a day after what activists described as the heaviest fighting in months in President Bashar Assad's seat of power.
Canada new housing prices show modest gain in December
OTTAWA (Reuters) – Prices of new homes in Canada rose by 0.2 percent in December following a 0.1 percent rise in November, and ended the year 2.3 percent lower than December 2011, according to Statistics Canada data released on Thursday. The Canadian government, which imposed tighter mortgage rules in July, and the Bank of Canada have long expressed concerns the housing market might overheat. The new housing price index however excludes condominiums, which the government has said were a particular cause for concern. (Reporting by Randall Palmer; Editing by Theodore d’Afflisio)
Value of building permits issued in December down 11.2 per cent: StatsCan
OTTAWA – Statistics Canada says the value of building permits issued by municipalities declined 11.2 per cent to $5.7 billion in December, following a 14.5 per cent drop in November.
Canada building permits see biggest two-month fall since 1989
OTTAWA (Reuters) – The value of Canadian building permits registered its biggest two-month drop in at least 24 years, unexpectedly falling 11.2 percent in December after a 14.5 percent decline in November, according to Statistics Canada data on Thursday. It was the largest two-month fall since the start of the data series in 1989, and left building permits 16.2 percent lower than a year earlier. The government took measures over the summer to cool the housing market, particularly the condo sector, and both the residential and nonresidential sectors fell in November and December. …
TSX may open lower, ECB outlook eyed
(Reuters) – Canada's main stock index looked set to open flat to lower on Thursday, as investors await comments from European Central Bank President Mario Draghi on the region's growth outlook. TOP STORIES * Mario Draghi faces a grilling over the European Central Bank's sensitivity to a s harp rise in the euro and his connection to an Italian banking scandal after a policy meeting at which policymakers left interest rates unchanged. * The Bank of England made no change to its amount of stimulus for the economy at a policy meeting though it voted to reinvest 6. …
Thursday, February 7, 2013
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