CANADA

IBTimes Logo

Lead hits record, nickel slips, copper eases

Industrial metal lead extended its recent hot streak on Monday, hitting another high, while steel additive nickel was hit by reports of lower use, fund managers and analysts said.

Baker Hughes warns on Canada, hits oil svc co's

IBTimes Logo
Baker Hughes Inc. warned on Friday a significant deterioration of activity and profitability in Canada would hurt its second-quarter profit, knocking down stocks in several oil service peers.
IBTimes Logo

Rio Tinto agrees to buy Alcan for $38 bln

Anglo-Australian miner Rio Tinto Ltd/Plc has agreed to buy Canada's Alcan Inc. for $38.1 billion to create the world's biggest aluminum producer, the two firms said on Thursday.
More news
IBTimes Logo

Global stocks, bonds rise while dollar, oil down

Stocks traded higher on Monday, supported by takeover news and data showing manufacturing growth accelerated last month, while bond prices gained in a flight-to-safety bid as police investigated attempted car bomb attacks in Britain.
IBTimes Logo

Futures up on telecoms takeovers, data eyed

Stock index futures rose on Monday, boosted by takeover news in the telecommunications sector and before a report on manufacturing activity that could give clues on the outlook for profits.
IBTimes Logo

BCE takeover battle may not be over yet: report

The battle to take over Canada's biggest telephone company, BCE Inc., may not be over yet, with other suitors saying they are considering their options, The Globe and Mail reported on Monday.
IBTimes Logo

England stubs out smoking

England slammed the door on smoking in bars, workplaces and public buildings on Sunday in what campaigners hail as the biggest boost to public health since the creation of the National Health Service in 1948.
IBTimes Logo

RIM shares surge on strong 1Q results

Shares of Research in Motion surged to a 3 ½ year high on Friday, a day after the Blackberry maker posted a quarterly profit that beat Wall Street expectations.
IBTimes Logo

Teachers group wins C$52 bln race for BCE

BCE Inc., Canada's largest telecommunications group, has agreed to a C$51.7 billion ($48.5 billion) offer from a group including the Ontario Teachers Pension Plan, in what the purchasers said was the largest buyout in Canadian corporate history.
IBTimes Logo

CommScope to acquire Andrew for $2.6 billion

CommScope Inc. plans to acquire rival communications equipment maker Andrew Corp. for about $2.6 billion to cut costs, the companies said on Wednesday, after failing to reach a deal a year earlier.
IBTimes Logo

Unions move toward health-care reform deal

As rising health-care costs hurt workers and retirees alike, America's trade unions are seen inching toward a broad-sweeping agreement with U.S. corporations on health-care reform.
IBTimes Logo

H&R Block posts loss on subprime woes

H&R Block Inc., the largest U.S. tax preparer, on Thursday posted a fourth-quarter loss on the depressed value of a mortgage unit slammed by deterioration in the U.S. subprime market.
IBTimes Logo

Simple lifecycle funds give pensions a headache

Lifecycle funds have become hugely popular with investors due to their simplicity but as more funds are launched, picking the right one is increasingly becoming a complex task for retirement plans.
IBTimes Logo

Best Buy aims to step up expansion in China

Top U.S. consumer electronics retail chain Best Buy Co. Inc. is speeding up its expansion in China, banking on robust demand in a fast-growing market that it entered just one year ago.
IBTimes Logo

Dell Does Retail

Dell Inc.(NASDAQ: DELL) said yesterday it plans to start selling its personal computers through Wal-Mart Stores Inc.(NYSE: WMT) in North America next month, departing from the direct-to-consumer business model it was founded on.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.