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Latest News

Air Canada flight to Tel Aviv lands safely as rockets fired near airport

An Air Canada flight to Tel Aviv circled above Israel's main international airport before landing on Friday after rockets were fired at the airport.

Posted on 7-25-2014 at 9:49 AM
Nortel U.S. unit agrees to pay bondholders $1B interest

Nortel U.S. unit agrees to pay bondholders $1B interest

Nortel Networks Corp.’s defunct U.S. unit agreed to pay bondholders as much as $1 billion U.S. to cover interest that investors claim has accrued since the former telecommunications giant...

Posted on 7-25-2014 at 9:43 AM

Amazon's heavy investing eats into bottom line, shares drop

Amazon.com Inc. posted a much larger-than-expected loss in the second quarter as it continues its rapid pace of investment in new businesses such as digital content and consumer electronics.

Posted on 7-25-2014 at 9:03 AM
U.S., Canada to oppose World Bank’s aid projects in Russia

U.S., Canada to oppose World Bank’s aid projects in Russia

The U.S. and Canada will oppose World Bank projects in Russia, adding economic pressure on the country over its actions in Ukraine.

Posted on 7-25-2014 at 8:19 AM

China meat scandal: McDonald’s Japan switches to Thai chicken, no nuggets in Hong Kong

McDonald’s Corp has suspended sales of chicken nuggets and other items in Hong Kong after it said it imported products from Shanghai Husi Food, the U.S.-owned Chinese company at the center...

Posted on 7-25-2014 at 7:53 AM

In Toronto, Calgary: Put your money into REITs, not condos

Investors would be better off putting their money into real estate investment trusts that specialize in apartments than they would buying a condo to rent out in either Toronto or Calgary,...

Posted on 7-25-2014 at 7:39 AM
Chen shrugs off IBM and Apple enterprise team-up

Chen shrugs off IBM and Apple enterprise team-up

If BlackBerry Ltd. chief executive John Chen is worried about IBM Ltd. and Apple Inc. combining their efforts in enterprise technology, he’s not letting on.

Posted on 7-25-2014 at 7:32 AM

Visa cuts revenue forecast as cross-border transactions slow

Visa Inc., the world's largest credit and debit card company, cut its revenue forecast for the year, as growth in cross-border transactions slowed amid a strengthening of the U.S. dollar.

Posted on 7-25-2014 at 7:23 AM

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