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Apple sells record 10 million new iPhones in first three days

Apple Inc. said it sold more than 10 million iPhones in the first weekend after its new models went on sale on Friday, underscoring strong demand for phones with larger displays.

Posted on 9-22-2014 at 9:58 AM
Tags: Apple

B.C. to release LNG tax laws next month

British Columbia will unveil tax rules for the province’s fledgling liquefied natural gas industry next month, during a pivotal point in the race to export LNG.

Posted on 9-22-2014 at 8:59 AM
Tags: Liquefied natural gas (LNG), British Columbia

Merck to buy Sigma-Aldrich for $17-billion

Drugs and chemicals maker Merck KGaA said it agreed to acquire Sigma-Aldrich for $17-billion in cash to boost its Merck Millipore lab supplies business in the biggest takeover in the German group’s...

Posted on 9-22-2014 at 8:07 AM
Tags: Merck & Co

Siemens agrees to $7.6 billion deal to buy Dresser-Rand

Industrial conglomerate Siemens AG said on Monday it would buy U.S. oilfield equipment maker Dresser-Rand Group Inc. for $7.6 billion in a move that would significantly boost the German company's oil...

Posted on 9-22-2014 at 8:07 AM

Oliver to Europe: You must act on 'insipid growth'

A “triple-dip” recession in Italy and a feared deflationary spiral are pushing European woes back to the top of global policy makers’ worry-list.

Posted on 9-22-2014 at 8:02 AM
Tags: European Central Bank (ECB), Joe Oliver

No fear of housing bubble: CMHC

Prices of some Canadian homes are certainly too high, but there is no immediate catastrophe looming for the country’s housing market, the head of Canada Mortgage and Housing Corp. suggested in a...

Posted on 9-22-2014 at 7:12 AM
Tags: Canadian Mortgage and Housing Corporation (CMHC), Real Estate

Canada risks being left behind as green energy takes off

The shift to clean energy is producing huge economic gains, but Canada risks being left behind if the federal government doesn’t get on board, a new report warns.

Posted on 9-22-2014 at 6:58 AM

Morning Markets: Asian shares slip, dollar pulls away from highs

Asian shares skidded on Monday as investors awaited data this week that could provide more evidence of a slowdown in China, while the dollar gave back a little of its recent gains.

Posted on 9-22-2014 at 6:44 AM

Alibaba IPO ranks as world's biggest after additional shares sold

Alibaba Group Holding Ltd's initial public offering now ranks as the world's biggest in history at $25 billion, after the e-commerce giant and some of its shareholders sold additional shares.

Posted on 9-22-2014 at 6:28 AM
Tags: Alibaba

Yahoo valued at less than Asian assets after Alibaba’s IPO

Yahoo! Inc. is now worth less than the value of its Asian assets.

Posted on 9-20-2014 at 2:48 PM
Tags: Yahoo, Alibaba
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