CANADA

Superbug Bacteria Seen In Canadian Bedbugs

Bloodsucking bedbugs are creepier now compared to before. A report released by the US Centers for Disease Control and Prevention tells that bedbugs found in a poor place in Vancouver, Canada carries drug-resistant staph bacteria. It is potentially dangerous as drugs could not treat the staph that the bedbugs carry.

Traces of Fungicide Found in HIV Drug

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Janssen, one of the units of Johnson and Johnson has tackled some issues in a discussion together with the regulatory authorities in five different countries about the trace amounts of fungicide discovered in the HIV drug, Prezista. Johnson and Johnson did a series of recalls that pertain to the presence of the chemical. The discussion was started by Janssen after receiving four consumer reports of a foul undetermined musty and moldy odor.

Allstate puts its April storm losses at $1.4 billion

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Allstate Corp said it suffered $1.4 billion in catastrophe losses from April tornadoes, and the largest publicly traded U.S. home and auto insurer said it will now make a regular practice of releasing such loss figures.
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Flying Scout robots may soon replace CCTV cameras

Scientists at Canada-based Aeyron Labs have designed a new flying robot outfitted with the world’s most advanced intelligence system which will replace the closed circuit camera, reports said.
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Exports set record as trade gap widens

U.S. exports set a record in March, buoyed by the weak U.S. dollar and strengthening global demand as U.S. trade flows returned to levels last seen before the global financial crisis.
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Trade gap widens more than expected in March

The U.S. trade deficit widened more than expected in March, as exports leapt to a new record but imports rose nearly 5 percent as oil prices jumped, a U.S. government report showed on Wednesday.
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Trade gap widens on oil, exports set record

The U.S. trade deficit widened more than expected in March, as rising oil prices helped push imports nearly 5 percent higher while exports leapt to a new record, a U.S. government report showed on Wednesday.
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OECD indicator flags improved outlook in China, U.S.

The growth outlook in major industrialized nations is diverging with activity improving in North America, China and Russia and moderating in most European countries, the OECD's leading indicator for March showed on Monday.

Sony Hit With $1B Suit Over Data Breach

Sony has been hit with a class action suit in Canada, seeking 1 billion Canadian dollars ($1.04 billion) in damages, in the wake of the security breaches of the PlayStation Network and Sony Online Entertainment.
RIM

RIM, Microsoft Stocks Sink

Both Microsoft and Research In Motion took stock hits on Friday after bad news about their flagship products.
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Chrysler to fully repay U.S. and Canada loans

Chrysler Group LLC, which came to the brink of collapse before a federal bailout in 2009, plans to fully repay more than $7 billion in loans from the U.S. and Canadian governments by the end of June.
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Open Text poised to grow due to solid pipeline: analysts

Canada's largest software company Open Text Corp has strong prospects for growth partly due to its solid pipeline, analysts said, and raised their price target on the stock, a day after it posted a jump in quarterly profit.
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Chrysler to repay U.S., Canada loans by June 30

Chrysler Group LLC, which came to the brink of collapse before a federal bailout in 2009, plans to fully repay more than $7 billion in loans from the U.S. and Canadian governments by the end of June.

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