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Greek official says debt talks 'satisfactory,' delayed by labour reforms ATHENS, Greece - A senior Greek official said late Saturday that debt talks needed to avoid bankruptcy in March have reached "a satisfactory level of agreement" but are being held up by a disagreement over drastic labour reforms. Industrial heartland faces tough slog as locomotive plant closure hits OTTAWA - The closure of a locomotive plant in London, Ont., by U.S. heavy equipment maker Caterpillar comes as the latest blow to Canada's struggling manufacturing sector. Italy's Monti warns against deepening resentment in debt crisis, Soros fears lost decade MUNICH - Italian Premier Mario Monti said Saturday that the eurozone must avoid stoking deeper resentment among its members as it tackles the debt crisis, while philanthropist George Soros said German-backed austerity measures risk pushing Europe into "a lost decade" or worse. Obama pressures Congress on housing; Republicans call for tax cuts WASHINGTON - President Barack Obama is calling on the public to help him get a plan through Congress to expand government assistance to homeowners. Indian court rules against prosecuting powerful government minister in telecoms scandal NEW DELHI - An Indian court has ruled that a powerful minister will not have to stand trial in a multibillion-dollar telecommunications scandal, giving the beleaguered government a reprieve. Caterpillar shuts Electro-Motive plant in London, Ont., where workers locked out TORONTO - The Canadian Auto Workers said it was not surprised by word Friday that American-based heavy equipment maker Caterpillar Inc. would close its Electro-Motive plant in London, Ont., a month after it locked out about 450 workers. Harper unlikely to change budget course despite meeting on NDP priorities OTTAWA - Prime Minister Stephen Harper is seeking opposition input into the next federal budget, even though he no longer needs opposition support to ensure its passage. B.C. premier's natural gas plans include power supply change, but no hydro hikes VICTORIA - Premier Christy Clark is trimming her government's prized green agenda to support growth in the natural gas industry, including development of three liquefied natural gas plants by 2020 in northwest B.C. Increased monitoring in oilsands, but no independent agency for now EDMONTON - A long-awaited program from the federal and Alberta governments on how to gauge the environmental effects of the oilsands ? and answer the industry's international critics ? will watch for more contaminants, in more places, more often. Most actively traded companies on the TSX, TSX Venture Exchange markets(150) TORONTO - Some of the most active companies traded Friday on the Toronto Stock Exchange and the TSX Venture Exchange: Rogers Communications will end practice of slowing Internet upload speeds TORONTO - Rogers Communications Inc. (TSX:RCI.B) has vowed to phase out the practice of slowing some of the Internet traffic on its sytem, a move that should hearten those sharing movies and music or playing online games. Quebec government demands $1.9 million back from company set to close plant MONTREAL - The Quebec government's investment arm wants its $1.9 million back from a company preparing to leave the province. GM says most of its US dealers agree to upgrades, but some question costs LAS VEGAS, Nev. - General Motors Co. said Saturday that most of its 4,400 U.S. dealers have agreed to upgrade their showrooms over the next four years. Report: Russia's Gazprom acknowledges cutting gas supplies to Europe MOSCOW - Russia's Gazprom has acknowledged that it briefly reduced gas supplies to Europe as Prime Minister Vladimir Putin ordered the Kremlin-controlled monopoly to concentrate on domestic customers. Report: Monti, ahead of appearance in Germany, says Italy a "safe place" MUNICH - Italy is now a "safe place" amid market turbulence, Premier Mario Monti said in an interview published Saturday, pressing for Europe to turn its political energy to generating growth rather than further plans to strengthen budget discipline. Reports say China fires 7 officials, punishes 2 after toxic cadmium spill in southern river BEIJING, China - An environmental protection director and six other officials have been fired after a spill of toxic cadmium in a river in southern China threatened drinking water supplies for millions of people, news reports said Saturday. Steve Appleton, daredevil CEO of memory chip maker Micron, dies in Boise plane crash BOISE, Idaho - The head of memory chip maker Micron, long known for taking risks in stunt piloting, died Friday when a small experimental plane he was piloting steeply banked, stalled and crashed near an Idaho runway. SGX Resources to acquire properties from San Gold in exchange for stock WINNIPEG - SGX Resources Inc. (TSXV:SXR) will acquire interests in two mineral properties in the Timmins area of northern Ontario under a proposed related-party deal with San Gold Corp (TSX:SGR), valued at $4 million. From vampire parties to Jay Leno in a jet pack, many Super Bowl ads already are out online NEW YORK, N.Y. - There won't be many surprises for viewers who follow the ads during Sunday's Super Bowl broadcast. Patricia Disney, once married to Walt Disney's nephew, dies in Los Angeles home at age 77 LOS ANGELES, Calif. - Patricia Disney, who was once married to Walt Disney's late nephew Roy E. Disney and was vice chairwoman of Roy's investment company, died Friday after a long struggle with Alzheimer's disease. |
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