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Ottawa and Ontario to name former Toyota executive as auto czar
The federal and Ontario governments will appoint Ray Tanguay, the recently retired chairman of Toyota Motor Manufacturing Canada Inc., as their special adviser on the auto sector.
Posted on 6-09-2015 at 8:25 AM
HP pays $100 million to settle shareholder class-action suit
Hewlett-Packard has agreed to pay $100 million dollars to settle a class-action lawsuit relating to the company's 2011 acquisition of Autonomy, a "big data" analysis company.
Posted on 6-09-2015 at 8:19 AM
Canadian crude in high demand amid shortages
Brisk demand along with supply disruptions due to Alberta’s wildfires have propelled Canadian heavy crude oil prices to their highest this year.
Posted on 6-09-2015 at 8:01 AM
Canadian Natural to restore normal operations after wildfire
Canadian Natural Resources Ltd. plans to restore normal operations this week and Cenovus Energy Inc. ramped up production at sites shut because of a wildfire.
Posted on 6-09-2015 at 7:53 AM
World Fuel Services to pay $110M in Lac-Megantic settlement
World Fuel Services has agreed to compensate victims of the Lac-Megantic rail disaster through a compensation fund of $110 million U.S..
Posted on 6-09-2015 at 7:51 AM
Chinese market drives Bombardier Transportation IPO
The inevitable arrival of increasingly powerful Chinese train companies in the European and global markets is one of the driving forces behind the upcoming initial public offering of Bombardier Transportation.
Posted on 6-09-2015 at 7:29 AM
CPPIB strikes $12B deal for GE lending arm
The business is principally made up of Antares Capital, GE Capital’s lending business to private equity-backed middle- market companies, GE said in a statement Tuesday. Canada Pension said it will retain the Antares team and brand.
Posted on 6-09-2015 at 7:26 AM
Draghi economy fails to stoke cash machine for Europe stocks
Under Mario Draghi's stimulus, it looks as though Europe's economy is expanding, profits rising, and the market is up. And yet the proportion of income companies are poised to return to shareholders in 2015 will probably be the lowest in five years.
Posted on 6-09-2015 at 7:26 AM

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