CANADA

Canadian lawmakers grill Toyota execs on recall

Canadian lawmakers accused Toyota Motor Corp executives on Tuesday of waiting too long to inform the government of problems with faulty accelerators in some of the company's vehicles.

Shell eyes return to growth as reserves jump

Royal Dutch Shell Plc said it was planning a return to robust growth in oil and gas production after seven years of decline and unveiled strong reserves additions that should underpin longer-term growth aims. Europe's largest oil company by market value said it was targeting output of 3.5 million barrels of oil equivalent per day in 2012, up from 3.15 million in 2009 -- equivalent...

Canada home resales cool for 2nd straight month

Sales of existing homes in Canada dipped for a second straight month in February, but remained high on a year-over-year basis, as the market may be moving into more balanced conditions, data showed on Monday.

Alice leads box office, as Green Zone flops

Alice in Wonderland raced to a $430 million haul at the worldwide box office on Sunday, while Matt Damon's new Iraq war conspiracy thriller Green Zone was one of the year's first big flops.

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Cheap cigars, politics and the Volcker Rule

In mid-January, a who's who of Wall Street gathered to hear Paul Volcker, the former Federal Reserve chairman whose role in the White House seemed at best unclear.

Yara exits Terra battle, shares jump

Norwegian fertilizer group Yara International ASA shied away from raising its offer for Terra Industries Inc to top a rival bid, boosting its shares on Friday but scuppering U.S. expansion plans.

Top 10 hotels to celebrate St. Patrick's Day

NEW YORK (Reuters Life!) - St. Patrick's Day, which will be celebrated next week, has become a worldwide phenomenon with festivities that occur not only in the United States and Ireland, but also in the Caribbean, New Zealand and Japan.

Canada posts firm job growth; currency rallies

Canada posted firmer-then-expected jobs growth on Friday, confirming its recovery is taking hold, with a report that raised rate hike expectations and sent the currency to its highest since July 2008.

Q+A: Make-or-break months for Afghanistan war

An upcoming U.S.-led military campaign to regain control of the Taliban heartland of Kandahar will be a decisive phase in the Afghan war, Defense Secretary Robert Gates told frontline troops this week.

Western U.S., Canada go own way on carbon trading

As U.S. prospects for a national climate change bill fade, five U.S. states and Canadian provinces are on track to start a cap-and-trade market for carbon dioxide in 2012, say officials who see fading federal momentum boosting regional efforts.

Swedish legislature calls 1915 Armenian killings genocide

The Swedish parliament approved a resolution to recognize the 1915 mass killings of Armenians during the Ottoman empire as genocide.

Macy's sees no harm from General Growth-Simon deal

Macy's Inc would see only minimal impact from a purchase of bankrupt General Growth Properties Inc by its larger rival, Simon Property Group Inc, said Terry Lundgren, chief executive officer of the department store chain.

Movie Avatar has few fans among mining execs

It's enough to make a mining executive grit his teeth or his kids to give him the silent treatment.

BP to pay Devon $7 bln for fields

BP will pay $7 billion to Devon Energy for assets that will extend its reach into Brazil and bulk up its position in the Gulf of Mexico, as the world's top oil companies look to acquisitions to refill depleting reserves.

Simon CEO: No pressure from rival Gen Growth plan

The chief executive of Simon Property Group Inc said on Thursday a revised plan by management of General Growth Properties Inc to emerge from bankruptcy would not put pressure on his company to sweeten its own $10 billion offer.

Simon CEO: General Growth rival plan is uncertain

The chief executive of Simon Property Group Inc on Thursday said a plan by management of General Growth Properties Inc to emerge from bankruptcy lacks certainty despite new financial backing.

GM CEO says U.S. will make money on bailout

General Motors Co will pay back roughly $8 billion in debt to the United States and Canada before June and could go public in a way that would allow taxpayers to make a profit on the bailout, Chief Executive Ed Whitacre said on Wednesday.

Canada new home prices climb again in Jan

New home prices in Canada kept climbing in January, rising 0.4 percent from the previous month as expected, according to Statistics Canada on Thursday.

GM CEO says on track for pre-June loan repayment

General Motors Co will pay back roughly $8 billion in debt to the United States and Canada before June, its chief executive said on Wednesday, more quickly than the automaker had promised.

Amazon ruffles Canadian feathers with depot plan

Internet retailer Amazon.com has smashed up against Canadian pride in its efforts to open a distribution center in Canada, as booksellers grumble that it can't understand the role of Canadian culture.

Actor Corey Haim found dead at age 38

Actor Corey Haim who became famous with the 1987 movie The Lost Boys, has been found dead at age 38, the Associated Press reports.

Terra says CF's buyout bid is superior to Yara's

Fertilizer producer Terra Industries Inc said on Wednesday it plans to accept a superior $4.68-billion takeover bid from rival CF Industries Holdings Inc unless Yara International boosts its competing offer.

Telecom groups sit uneasily on client data gold mine

Telecom firms risk losing a key revenue stream to rivals like Google by leaving valuable customer client data largely untapped and hesitating to invest extra cash to leverage customer information.

Greece says G20 to review financial speculation

Greece, pressing for curbs on financial speculation that it blames for worsening the country's debt crisis, said on Tuesday the idea would be examined by the Group of 20 leading powers at their next summit.

Greece says speculation will be on G20 agenda

Greece, pressing for curbs on financial speculation it blames for worsening the country's debt crisis, said on Tuesday the idea would be examined by the G20 leading powers at their next meeting.

Burger King says weather hurt Q3, but trends better

Burger King Holdings Inc expects lower fiscal third-quarter revenue and restaurant margins in the U.S. and Canada as bad weather in the central and eastern United States kept diners away.

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