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Rio to flaunt own prospects in Monday presentation

Bid target Rio Tinto is likely to focus on trumpeting its prospects as an independent firm rather than revealing defense tactics as it gives its first detailed response on Monday to an all-share takeover proposal from mining rival BHP Billiton. Rio, which has said BHP's three-for-one share proposal vastly undervalues the firm, will likely showcase the strength of its own assets during Monday's presentation, analysts said.

Deere net surges on ag sales

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Deere & Co. (DE.N) reported better-than-expected earnings on Wednesday, and provided an upbeat outlook for the coming year, as strong sales to farmers worldwide offset a downturn in construction sales, especially in the United States.

Union chief blasts stupid Chrysler strategy

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Chrysler LLC's recent decision to cut up to 10,000 factory jobs and slash production in North America tested the credibility of the automaker's new private equity owner, the head of the Canadian Auto Workers said on Tuesday.
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GM to take $39 billion charge

General Motors Corp said on Tuesday it would book a $39 billion non-cash charge in the third quarter, reflecting the risk of a slower turnaround that could keep it from claiming expected future tax credits in key markets.
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GM to take $39 billion non-cash charge

General Motors Corp said on Tuesday it would book a $39 billion non-cash charge in the third quarter related to deferred tax assets in the United States, Canada and Germany.
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Mazda July-September Profit Soars

Mazda Motor Corp., the Japanese affiliate of Ford Motor Co., announced on Friday that its July-September period net profit soared 29 percent to 26.6 billion yen due to strong sales overseas.
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Nipping into Argentina

Canadian lobster and tuna fisherman Everett Condon had never traveled further south than the United States until this year, when he spent his off-season going to tango shows and getting plastic surgery in Argentina.
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Sun Life Financial income up 7 pct despite strong C$

Sun Life Financial Inc's third-quarter earnings rose a slightly better-than-expected 7 percent, driven by its U.S. life, mutual funds and employee benefit businesses and despite a stronger Canadian dollar, the company said on Tuesday.
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Microsoft sees progress in getting Windows on XO

Microsoft Corp has made progress in getting its Windows software to work on a low-cost laptop computer for poor children that currently runs on rival Linux software, an executive said on Thursday.
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Wal-Mart to concentrate overseas for growth

Wal-mart, the world's largest retailer is considering concentrating more on its international stores as well as opening up more stores in other countries for its business growth.
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Laptop foundation delay means shortage

A non-profit group developing a low-cost laptop for poor children said that a production delay would cause a shortage of computers available in the United States and Canada as part of a holiday giving program.
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Group of Seven fail to address dollar decline

Fiscal policy makers from the Group of Seven meeting this week in Washington this week did not specifically address the issue of the dollar trading near all-time lows versus the euro in recent weeks.
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G7 finance chiefs aim to calm uneasy global markets

With global economic growth waning and a credit crunch threatening, finance chiefs from rich nations were gathering on Friday to mull how to control strains in financial markets and keep expansion going.
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Alcoa's third-quarter profit rises

Aluminum producer Alcoa Inc on Tuesday posted a 3 percent rise in third-quarter earnings, as a gain on the sale of its stake in a Chinese aluminum company offset weaker aluminum prices.
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RIM soars in wake of strong results

Shares of BlackBerry maker Research In Motion Ltd shot up almost 10 percent on Friday as investors digested yet another solid set of quarterly results from the company, as well as a strong forecast for the upcoming quarter.
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A Bad Dream for Ships

The dream of a shorter shipping route through melting Arctic ice is, for now, too difficult, too dangerous and totally impractical.
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RIM tops profit forecasts, predicts more strength

BlackBerry maker Research In Motion Ltd reported a second-quarter profit on Thursday that beat expectations, as it broke the 10-million subscriber mark and predicted strength for the rest of the year.

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