Wednesday March 10, 2010

QUESTION OF THE WEEK



Business


top story

World stocks flat but pound takes another hit

LONDON - World stock markets traded in a narrow range Wednesday as investors looked for renewed direction, while the British pound continued to founder following unimpressive industrial output figures....

posted: March 10,2010





Business

Goldman Sachs seeks to appeal Canwest TV sale to Shaw

TORONTO - Wall Street investment bank Goldman Sachs has asked an appeals court to kill the sale of Canwest Global Communications' television assets to cable operator Shaw Communications (TSX:SJR.B)....


Curbing derivatives could make it harder for Greece to dig itself out of debt, experts say

NEW YORK - Derivatives have become a dirty word....


CIBC World markets predicts dollar could hit parity with U.S. currency this summer

TORONTO - Expectations of higher interest rates and investor demand for Canada will help drive the Canadian dollar past parity with the U.S. greenback by this summer, says CIBC World Markets....


Quebecor reports $73.8 million profit in fourth quarter

MONTREAL - Quebecor Inc. (TSX:QBR.B) had a $73.8-million profit in the fourth quarter, as the Montreal-based media company benefited from growth in its telecommunications segment and productivity improvements in its news media....


Greek general strike to shut down services across the country Thursday

ATHENS - Greek unions say nationwide strikes will shut down all public services, closing schools, customs and tax offices, halting public transport and grounding flights for 24 hours....


Oil drifts to near $81 as inventory report reflects choppy US demand recovery

SINGAPORE - Oil prices drifted down to near US$81 a barrel Wednesday in Asia after a report showed mixed evidence about U.S. crude demand....








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