CANADA

Bankrupt Nortel Networks Inc received U.S. and Canadian court approval on Tuesday to sell its enterprise business, further dismantling the former corporate icon.

Some of the workers at the Voisey's Bay nickel mine in Canada, run by Brazilian mining company Vale, began planned strike action on Saturday over work conditions, the company said on Monday.

Suncor Energy Inc, which completed its C$22.5 billion ($20.8 billion) acquisition of Petro-Canada on Saturday said on Monday the deal was expected to reduce annual capital expenditures by C$1 billion.

The German government has seen encouraging signals in recent days in negotiations to take over Opel and has positive expectations for talks this week, a government spokesman said on Monday.

China may have overstocked on commodities, risking a slowdown in buying and a correction in prices in the second half of this year, top economist Nouriel Roubini said on Monday, also reiterating that the global recession would continue until year-end.

George Weston Ltd, North America's largest baked goods maker, reported a quarterly per-share loss on Friday as a C$90 million ($83 million) foreign exchange charge and bigger financing charges more than offset revenue growth.

Former project manager Bob Short has a ready answer to describe which job is more difficult -- his old post at Nuveen Investments or his current position as stay-at-home dad.

MasterCard Inc , the world's second-largest credit card network, reported better-then-expected quarterly earnings Thursday as it raised fees charged to banks and cut expenses, sending its shares up 6.5 percent.

Canada's Cyberplex Inc, a provider of web advertising solutions, said its offer to buy Burst Media Corp for $16.5 million was rejected by the U.S.-based online advertising firm's board.

Hong Kong has found a new variant of the H3N2 seasonal influenza virus, the spokesman for the Centre for Health Protection (CHP) said on Wednesday, urging high-risk groups to get influenza vaccinations.

Honda Motor Co said it is recalling more than 300,000 units of its 2001 U.S.-built Accord and Civic cars in the United States and Canada to fix a defective airbag that deployed in a fatal accident.

Canada will not make a decision on whether to review Nortel Networks' $1.13 billion sale of wireless assets to Sweden's Ericsson until after a 21-day appeal period is complete, Canadian Industry Minister Tony Clement said on Wednesday.

The $1.13 billion sale of Nortel Networks' prized wireless assets to Swedish telecoms equipment maker Ericsson received the blessing of Canadian and U.S. courts on Tuesday, with a U.S. bankruptcy judge praising the bidding process.

Microsoft Corp has started accepting submission of mobile phone software applications from registered developers.

RioCan Real Estate Investment Trust is looking at acquisition opportunities in Canada in the short term and will likely close a deal by the end of the year, Chief Executive Edward Sonshine said in an interview with Reuters.

The $1.13 billion sale of Nortel Networks' prized wireless assets to Swedish telecoms equipment maker Ericsson will likely receive the blessing of the courts on Tuesday, although it is not yet clear if it will pass Canadian government muster.

A Chinese manufacturer filed a patent infringement suit against U.S. retailer giants, marking a rare case that a Chinese firm seeks to enforce patent rights in a U.S. court.

Economic woes are taking a toll on marriages and relationships around the globe but the love lives of Americans seem to be most stressed by the recession, according to an international poll.

Plutonic Power Corp and partner GE Energy Financial Services have been granted more time to finish a due diligence investigation into their planned purchase of a distressed wind farm project in Western Canada, they said on Monday.

The nice thing about a deep recession is that it doesn't take much of a rebound to make the official data look healthy even if the economy is not.

RHJ International, a bidder for carmaker Opel, is not ruling out selling Opel back to U.S. parent General Motors after returning it to health, RHJ's chief executive told a German newspaper on Sunday.