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GM posts loss, vows to repay U.S. debt early

General Motors Co posted a quarterly loss on Monday but said stabilizing sales since its bankruptcy would allow it to begin paying down $8.1 billion in debt to the United States and Canada next month.

Online gangs cashing in on swine flu

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Criminal gangs are making millions of dollars out of the H1N1flu pandemic by selling fake flu drugs over the internet, a web security firm said on Monday.
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Champion seeks Chapter 11 for U.S. operations

Champion Enterprises Inc said on Sunday the company and its domestic operating subsidiaries filed for bankruptcy, and that it hopes to go through a court-supervised sale of its U.S. operations.
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Google, Authors submit revised book deal

Google and the Authors Guild filed a new version of a deal to create a massive online library on Friday in hopes of answering antitrust and copyright concerns in the United States and overseas.
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Auto rebound help shrink Canada trade gap in Sept

Canada's trade deficit narrowed sharply in September from a record large gap in August thanks in part to a comeback in auto exports and growing sales to non-U.S. markets, Statistics Canada said on Friday.
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Suncor to spend C$5.5 bln, boost oil sands output

Suncor Energy Inc, Canada's biggest oil company, said on Friday it has earmarked C$5.5 billion ($5.23 billion) for capital expenditures next year and will restart projects the economic crisis had forced it to suspend.
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Auto sales help shrink Canada trade gap in Sept

Canada's trade deficit narrowed sharply in September from a record large gap in August thanks in part to a comeback in auto exports and growing sales to non-U.S. markets, Statistics Canada said on Friday.
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Suncor budgets C$5.5 bln for 2010

Suncor Energy Inc, Canada's biggest oil company, said on Friday it is budgeting C$5.5 billion ($5.23 billion) for capital spending in 2010 and will restart construction on its Firebag Stage 3 oil sands project.
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GM still wants state aid for Opel restructuring

General Motors reiterated on Friday it wanted state aid to help restructure European arm Opel after Germany's economics minister said the carmaker would not ask European taxpayers for help.
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Obama says has strategy to boost U.S. exports to Asia

President Barack Obama said on Thursday he planned to discuss a strategy with Asia Pacific leaders calling on their countries to import more U.S. goods and the world to rely less on exporting to the United States.
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Toromont to make a formal bid for Enerflex

Canada's Toromont Industries Ltd said on Thursday it intends to proceed with a formal bid to acquire Enerflex Systems Income Fund, after talks for a deal with the supplier of equipment for the oil and gas industry failed.
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BBI Infrastructure: strong vote for Brookfield plan

Babcock & Brown Infrastructure shareholders have voted so far are strongly in favor of a $1.6 billion recapitalization plan backed by Canada's Brookfield group, BBI's chief financial officer said on Thursday.
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Twitter, Internet undermine Canada election rules

Twitter 1, Elections Canada 0.In this era of smartphones and the Internet, the federal elections agency is struggling to enforce a rule that bans the general broadcasting of voting results until all the polls have closed.
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UPDATE 1-Lab Research Q3 loss widens

Canada's LAB Research Inc (LRI.TO) posted a wider quarterly loss, hurt by lower revenue at its Danish operations and higher administrative expenses.
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GMAC Real Estate Merges With Real Living

Two industry powerhouses Real Living and GMAC Real Estate announced Wednesday they are merging to create a residential real estate franchise with about $20 billion in annual home sales.

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