CANADA

IBTimes Logo

Opel puts best face on GM about-face on sale

General Motors' Opel unit put the best face on its parent's stunning decision to reverse course and keep its European arm rather than sell it to a group led by Canada's Magna .

Daily Wrap Up - Nov 3

IBTimes Logo
The board of General Motors Co has opted to keep Opel, undoing months of painstaking negotiations to sell the European unit to a Russian-backed group led by Canada's Magna.

GM board opts to keep Opel

IBTimes Logo
The board of General Motors Co has opted to keep Opel, undoing months of painstaking negotiations to sell the European unit to a Russian-backed group led by Canada's Magna .
IBTimes Logo

GM board opts to keep Opel, in reversal

The board of General Motors Co has opted to keep Opel, undoing months of painstaking negotiations to sell the European unit to a Russian-backed group led by Canada's Magna .
More news
IBTimes Logo

Report questions value of family health history

Getting a patient's family history is widely regarded as a standard element of good medical care. But a report published today concludes that there isn't much good evidence that obtaining such
IBTimes Logo

Automakers gird for new normal

As automakers, parts suppliers and car retailers ready business plans for next year and beyond, the experience of the industry's 2009 crash has made caution the new byword.
IBTimes Logo

APEC to call for extra push on 2010 Doha deal: draft

Leaders of the 21 APEC economies are concerned that high level political commitment to conclude the Doha Round of world trade talks has yet to translate into substantive progress and called for a deal next year, a draft statement from the grouping seen by Reuters on Monday said.
IBTimes Logo

Ford suffers UAW setback, Canadian workers OK cuts

U.S. factory workers at Ford Motor Co overwhelmingly rejected proposed concessions it has said it needs to stay competitive, while union workers in Canada on Sunday accepted cuts aimed at retaining jobs.
IBTimes Logo

Michael Jackson movie earns $20 million on 1st day

The Michael Jackson movie This Is It earned $20.1 million at worldwide box offices on its first day in theaters as fans around the globe turned out in strong numbers, Columbia Pictures said on Thursday.
IBTimes Logo

EIA Report: This Week In Petroleum

Distillate (including diesel) is the second largest petroleum product consumed in the United States, used for everything from fuel for trucks and trains to residential heating and even a small amount of power generation. Although still overshadowed by gasoline consumption within the United States, global trends have been rapidly increasing the demand for distillate. This is causing major changes in the United States' role in the world distillate market.
IBTimes Logo

Canadian graphite junior to list as prices rise

Industrial Minerals Canada, a junior graphite company, said on Wednesday it aims to list on the Toronto Venture Exchange via the takeover of capital pool company Rattlesnake Ventures, and rename itself Northern Graphite Corp.
IBTimes Logo

Uighur film shunned due to fear over China-producer

International movie distributors have shunned a film on exiled Uighur activist Rebiya Kadeer, whom China condemns as a separatist, because they fear Beijing's wrath, the film's producer said on Tuesday.
IBTimes Logo

Magna, Opel upbeat that sale will go through

Top officials from Magna and Opel expressed confidence on Wednesday that General Motors will go through with selling its European arm to Canada's Magna despite a second chance to review the deal.
IBTimes Logo

Magna, Opel upbeat that sale with go through

Top officials from Magna and Opel expressed confidence on Wednesday that General Motors will go through with selling its European arm to Canada's Magna despite a second chance to review the deal.
IBTimes Logo

Toromont results sag, current quarter to fall short

Toromont Industries said on Monday that lower activity in key sectors, including natural gas and construction, had a negative impact on its quarterly profit and revenue, and the company expects more of the same for the current period.
IBTimes Logo

UPDATE 1-Macquarie to acquire Blackmont Capital

Australian investment bank Macquarie Group (MQG.AX) said on Monday it plans to acquire Blackmont Capital from CI Financial (CIX.TO) for $C93.3 million ($88.6 million), in a bid to expand its wealth management business and product portfolio in Canada.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.