Listen Now
Alpine Credit

Business

Detroit's loss is Abu Dhabi's gain: Gulf sovereign wealth fund hires GM top economist Ted Chu

The Associated Press 6 Sep, 2010 0 0

DUBAI, United Arab Emirates - The Mideast's biggest sovereign wealth fund has hired General Motors' top economist to help it decide how it invests the hundreds of billions of dollars it manages. The Abu Dhabi Investment Authority named Ted Chu as its chief economist Monday. He will be based in Abu D

WTO chief wants G20 leaders to discuss pushing forward global trade deal

Kelly Olsen, The Associated Press 6 Sep, 2010 0 0

SEOUL, South Korea - Group of 20 leaders should use their November summit to make a serious push for the conclusion of stalled global trade negotiations, the head of the WTO said Monday. World Trade Organization talks aimed at a new global commerce pact — the so-called Doha round named after Qatar's

GM's Opel chooses Eurovision Song Contest winner 'Lena' to boost its brand's image

The Associated Press 5 Sep, 2010 0 0

BERLIN - General Motors' subsidiary Adam Opel GmbH says it has signed-up the winner of the European Song Contest as its new brand image. Opel spokesman Christof Birringer said Sunday singer Lena Meyer-Landrut, known as "Lena", was introduced as the new face for the company's cars during a surprise c

Uncertainty surrounds rate announcement; markets try to counter September effect

Malcolm Morrison, The Canadian Press 5 Sep, 2010 0 0

TORONTO - The Canadian dollar could be in for some volatility this coming week as the Bank of Canada comes out with its latest announcement on interest rates Wednesday. The dollar ended last week at the 96-cent mark and currency markets aren't really sure which way the central bank will lean. That's

Featured Image

Despite some hiring, nation's unemployment rate seems frozen at more than 9 per cent

Christopher S. Rugaber, The Associated Press 3 Sep, 2010 0 0

WASHINGTON - U.S. unemployment is stuck at high levels even though some companies are hiring. The problem, government data show, is that too few jobs are being created for the growing number of people looking for work. Private employers added a net total of 67,000 jobs in August. But the unemploymen

Most actively traded companies on the TSX, TSX Venture Exchange markets

The Canadian Press 3 Sep, 2010 0 0

TORONTO - Some of the most active companies traded Friday on the Toronto Stock Exchange and the TSX Venture Exchange: Toronto Stock Exchange (12,144.92 up 33.83 points): Andean Resources Ltd (TSX:AND). Miner. Up $2.17, or 45.11 per cent, at $6.98 on 73,900,141 shares. Goldcorp (TSX:G) said it was a

Featured Image

TSX closes up amid encouraging jobs data, major deal making in gold sector

Malcolm Morrison, The Canadian Press 3 Sep, 2010 0 0

TORONTO - The Toronto stock market closed modestly higher Friday with the TSX failing to get much traction from an American jobs report which blew past expectations. The S&P/TSX composite index closed 33.83 points higher at 12,144.92 as buying sentiment was tempered by a weaker than expected reading

Featured Image

Campbell Soup adjusted profit up 6 pct in the slow soup season while sales rise more slowly

The Associated Press 3 Sep, 2010 0 0

CAMDEN, N.J. - The Campbell Soup Co. says it made a profit of US$113 million, or 33 cents per share during the fourth quarter, when the temperature rises and its soup sales traditionally drop. Sales did fall by one per cent, but improved margins helped Campbell top Wall Street's profit expectations.

Featured Image

Dell ends bidding contest over data-storage maker 3Par, will not match HP

Jessica Mintz, The Associated Press 2 Sep, 2010 0 0

SEATTLE - Dell Inc. is walking away from a bidding contest with rival Hewlett-Packard Co. for data-storage maker 3Par Inc. Dell said Thursday it won't match HP's offer to pay US$33 per share for 3Par, or about $2.07 billion. Dell's decision came barely an hour after 3Par announced it had received De

Featured Image

3G Capital to acquire Burger King for $24 per share, or US$3.26 billion

Ashley M. Heher, Emily Fredrix, The Associated Press 2 Sep, 2010 0 0

CHICAGO - Burger King Holdings Inc. (NYSE:BKC), America's perennially No. 2 hamburger chain, said Thursday that it is selling itself to little-known private equity firm 3G Capital in a deal valued at $3.26 billion. Its shares soared to an 18-month high. Thursday's $24-per-share tender offer comes af
See More Business News

Features