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RIM says BlackBerry email issue resolved

Research In Motion said on Thursday that it has isolated and resolved the issue that delayed email service for some North American BlackBerry customers this morning.

Petroceltic in Italian farm-in deal with Canada's Cygam

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Irish oil and gas explorer Petroceltic International Plc said it took over as operator of a permit in Italy, raising its stake to 70 percent from 40 percent, as part of a farm-in deal with a unit of Canada's Cygam Energy Inc.

U.S. travel industry gearing up for return to Cuba

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It's too soon for Americans to plan a Cuban vacation of beach, mambo and mojitos, but the U.S. travel industry is gearing up for a return to its largest Caribbean destination before Fidel Castro's 1959 revolution.
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Denison to suspend McClean uranium mill next year

Denison Mines (DML.TO) said on Tuesday it will suspend the McClean Lake uranium processing mill in mid-2010, following the halting of nearby uranium projects that were destined to supply it with ore.
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GM to repay government debt by June, new CEO says

General Motors Co plans to repay roughly $8 billion in debt to the United States and Canada by June, a faster payback of the first portion of its bailout than the automaker previously committed to make.
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Khan Resources rejects bid from Russia's ARMZ

Canada's Khan Resources (KRI.TO) said it rejected an unsolicited bid from Russian state uranium miner ARMZ to acquire Khan for 65 Canadian cents a share, saying the offer was inadequate and contained objectionable terms.
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Canada existing home sales stay strong in November

Sales of existing homes in Canada jumped 73 percent in November from a year earlier, just below the record high for the month, in a sign that consumer confidence is recovering as the economy pulls out of recession.
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Spot FX, Forward FX, Futures FX, and Options FX

When we refer to the Forex market we usually refer to the Spot FX or Spot Forex market. The Spot FX is a large Over The Counter (OTC) market that consists of thousands of Interbanks, institutional investors/traders, brokerage firms, and millions of retail traders. This market refers to the cash market of Forex. Although the Spot FX contracts settle within 2 days of the contract they are based on the current global price of the currencies. What you actually pay to purchase a currency against sell...
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The Smoke That Thunders, Zambia

The town of Livingstone, Zambia, near Victoria Falls, was named after Doctor David Livingstone, the missionary born in Blantyre, Scotland, where I once lived as a child. It is illustrative of how much the world has changed, in such a relatively short time, that it was a mere 150 years since he had become
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Descartes Systems plans to buy Belgium's Porthus

Descartes said it would offer 12.50 euros per Porthus share, a premium of 20 percent to the stock's Friday close, and pay 12.33 euros for warrants issued after April 2000 and 20.76 euros for those issued after November 2001.
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Senate Democrats seek compromise on drug imports

Democrats scrambled on Friday to resolve a stalemate over whether to permit imports of cheaper prescription drugs from Canada and elsewhere as part of a larger effort to overhaul the U.S. healthcare system.
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OYO Geospace swings to Q4 loss, shares sink

OYO Geospace (OYOG.O), a maker of equipment used to collect seismic data, swung to a fourth-quarter loss partly on low demand, excess capacity and low utilization of rental equipment in Russia and Canada.
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Canada Oct new home prices continue rising

New home prices in Canada rose 0.3 percent in October from September, the fourth consecutive gain, as record low interest rates and a recovering economy spurred demand, according to Statistics Canada data on Friday.
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Plutonic, GE to resume work at Canada wind farm

Canada's hydro-electric producer Plutonic Power Corp (PCC.TO) said its partnership with a unit of General Electric Co (GE.N) will resume construction of the 300-megawatt Dokie Wind Project in British Columbia by January 2010.
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Uranium glut caps shares but China boosts future

Shares in uranium producers offer prospects of long-term gains as China ramps up ambitious growth in its nuclear industry, but the ride may be rough due to excess near-term supplies from expanding mines and inventories.
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Pelosi backs expansion of Medicare in Senate plan

President Barack Obama's bid to overhaul the U.S. healthcare system appeared to get a boost on Thursday when the top Democrat in the House of Representatives signaled interest in a Senate Democratic compromise.
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ADF Group Q3 profit falls; says backlog strong

Canada's ADF Group Inc (DRX.TO), which makes steel superstructures for building constructions, posted a 78 percent drop in third-quarter profit, hurt by contract delays, but said it has a strong backlog and a healthy cash position.
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US FDA panel says Gilead drug aids cystic fibrosis

A U.S. Food and Drug Administration advisory panel on Thursday said it found Gilead Sciences Inc's (GILD.O) aztreonam was an effective new treatment for life-threatening lung infections in cystic fibrosis patients.
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Hollywood eyes record $10 bln box office for 2009

Film box offices were poised on Wednesday to eclipse 2007's record $9.68 billion in U.S. and Canadian ticket sales with Hollywood eyeing more than $10 billion this year as audiences flocked to theaters during the recession.
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Canadian Western to buy National Leasing

Canadian Western Bank (CWB.TO), which said in September it plans to double in size in coming years, said on Wednesday it agreed to buy commercial equipment lessor National Leasing Group in a cash and stock deal worth C$130 million ($123 million).
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Economics, politics chill Arctic pipeline dreams

Driving by industrial yards along Inuvik's icy Navy Road, Jackie Jacobson, an aboriginal guide, hunter and politician, pointed out fleets of idle trucks and clusters of unused oil field equipment.

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