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Room for only 1 more big mobile player: Wind chairman
In Canada's already cutthroat telecom market, there's room for only one more national wireless carrier, mobile entrant Wind's chairman said.Wind Chairman Anthony Lacavera expects partnerships to forge between service providers new to Canada's wireless wars...
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Barroso wants EU to agree loans for Greece
Barroso said the 16 countries that share the euro currency should make coordinated bilateral loans to Greece to help it tackle its budget deficit and refinance its debts, which are nearing 120 percent of gross domestic product.In a move that appeared...
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European Commission President Jose Manuel Barroso urged EU member states on Friday to agree a standby aid pack
Barroso said the 16 countries that share the euro currency should make coordinated bilateral loans to Greece to help it tackle its budget deficit and refinance its debts, which are nearing 120 percent of gross domestic product.In a move that appeared...
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TSX falls below 12,000 as commodities slide
Toronto's main stock index ended lower for a second straight session on Friday, dropping below the 12,000 mark as weak commodity prices hit heavily weighted petroleum and metal producers.Natural gas major EnCana Corp declined 2.3 percent to C$31.37 while...
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Toronto's main stock index ended lower for a second straight session on Friday, dropping below the 12,000 mark
Natural gas major EnCana Corp declined 2.3 percent to C$31.37 while Suncor Energy Inc, the country's biggest oil company, retreated 2.7 percent to C$31.28.The broader energy sector sagged 1.3 percent as U.S. crude futures slid nearly 2 percent on a surging...
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Palm revenue tops expectations
The company reported a net loss attributable to common stockholders of $22 million, or 13 cents a share, in the fiscal third quarter ended Feb.26, versus a year-ago loss of $98 million, or 89 cents a share. Excluding items, the company's loss was 61 cents...
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Toronto stocks fall on China, Greece concerns
Toronto's main stock market index was lower on Thursday morning after touching a 17-month high the day before as concerns about tighter credit in China and doubts about an aid plan for debt-stricken Greece pressured commodity prices.Miner Teck Resources was...
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Greece says may need to turn to IMF for help
Greece raised the stakes on Thursday in its quest for EU help to tackle its debt crisis, saying it cannot achieve promised deficit cuts if its borrowing costs remain so high and may have to call in the IMF.But Athens dismissed a report that it was planning...
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World stocks slipped back on Thursday and the euro fell half a percent against the dollar on worries about Gre
Wall Street looked set for a weak opening.The euro was trading at $1.3673, recovering slightly from a session low of $1.3648. An unidentified Greek official was quoted in a newswire report as saying the country was growing increasingly pessimistic about...
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Harper warns G20 must keep doors open to trade
Addressing the so-called 'sherpas' for the international conference hosted by Canada in late June, Harper called the meeting 'another chapter in the historic role the G20 has played in dealing with the most severe financial and economic crisis facing the world...
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