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TSX slides on Greek-default, growth fears

Toronto's main stock market index fell sharply on Monday morning following a steep sell-off in global equities and commodities on mounting fears over Europe's debt crisis and slowing global growth.
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A factory building of German car manufacturer Opel is pictured at the headquarters in Ruesselsheim

Analysis: GM's Opel Facing Uncertain Future

Near the peak of General Motors Co's financial crisis, Opel workers laid a coffin at the feet of the brand's founder Adam Opel to mark what they considered the death of the brand.
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'Contagion' takes hold of weekend box office

Deadly virus thriller Contagion caught on with filmgoers and easily took the top spot at the weekend box office in the United States and Canada, according to studio estimates compiled by Reuters on Sunday.
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Europe has firepower to address debts: U.S. official

Europe knows it must do more to persuade financial markets it is coming to grips with its debt problems but there is no question it has the financial firepower to do so, a senior U.S. official said on Friday.
The moon shines behind buildings during a power outage in downtown Tijuana

Power Restored to Most in California After Blackout

Power companies in Southern California restored electricity to most customers by early Friday after a massive blackout on Thursday left nearly 5 million people in parts of California, Arizona and Mexico in the dark.
Canada data dashes hopes of quick economic rebound

Canada data dashes hopes of quick economic rebound

Weak jobs and housing starts data for August doused any hopes for robust growth after a bleak second quarter, underscoring its vulnerability to a struggling U.S. economy and the widening European debt crisis.
Scotiabank buys into Guangzhou Bank for C$719 million

Scotiabank buys into Guangzhou Bank for C$719 million

Bank of Nova Scotia (BNS.TO) said on Friday it will buy a near 20 percent stake in Bank of Guangzhou for about C$719 million ($722 million) to expand its footprint in China, becoming the latest foreign bank to invest in a Chinese bank before the bank does an IPO.
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Australia's Westfield eyes Toronto development

Australian mall developer Westfield Group is looking at a possible investment in a waterfront site in Toronto, Canada, the company said on Thursday, after recently announcing expansions plans in Europe and South America.
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TSX shows little conviction before Obama speech

Toronto's main stock market index edged higher in cautious action on Thursday morning following weak U.S. jobs data and ahead of a speech by U.S. President Barack Obama detailing his plan for job creation.

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