• The Imperial Oil refinery is seen in Dartmouth, N.S. on Wednesday, June 19, 2013. The company is closing the refinery, which began production in 1918, and converting it into a marine terminal. The operation employed 200 workers as well as 200 contractors. THE CANADIAN PRESS/Andrew Vaughan
    Imperial Oil converting Nova Scotia refinery to terminal operation

    HALIFAX - The Imperial Oil refinery in Halifax is being converted into a terminal operation. More »Imperial Oil converting Nova Scotia refinery to terminal operation

    The Imperial Oil refinery is seen in Dartmouth, N.S. on Wednesday, June 19, 2013. The company is closing the refinery, which began production in 1918, and converting it into a marine terminal. The operation employed 200 workers as well as 200 contractors. THE CANADIAN PRESS/Andrew Vaughan

    HALIFAX - The Imperial Oil refinery in Halifax is being converted into a terminal operation.

  • U.S. Federal Reserve Chairman Bernanke speaks during a news conference in Washington
    Fed seen keeping options open on pace of bond buying

    By Alister Bull WASHINGTON (Reuters) - Federal Reserve policymakers will likely announce on Wednesday that they will keep buying bonds at a monthly pace of $85 billion, while keeping … More »Fed seen keeping options open on pace of bond buying

    U.S. Federal Reserve Chairman Bernanke speaks during a news conference in Washington

    By Alister Bull WASHINGTON (Reuters) - Federal Reserve policymakers will likely announce on Wednesday that they will keep buying bonds at a monthly pace of $85 billion, while keeping their options open to scale back the program later this year if the U.S. labor market continues to improve. Economic data since the 19 officials …

  • A Bay St sign, a symbol of Canada's economic markets and where main financial institutions are located, is seen in Toronto

    OTTAWA (Reuters) - Canada's net foreign debt dropped almost 25 percent in the first quarter of 2013 as higher foreign stock markets boosted the value of Canadian assets abroad, Statistics Canada said on Wednesday. Net foreign debt fell to C$231.3 billion ($226.8 billion) from C$302.1 billion in the fourth quarter, the agency …

  • Canada's Prime Minister Stephen Harper attends a news conference after a G8 summit at the Lough Erne golf resort in Enniskillen

    Both Prime Minister Stephen Harper and his British counterpart, David Cameron, downplayed signs of trouble in the Canada-EU trade negotiations Tuesday, even as the European Union's spokesman suggested ...

  • Canada's Treasury Board President Clement speaks during Question Period in the House of Commons on Parliament Hill in Ottawa

    Treasury Board President Tony Clement is touting the federal government's revamped data portal as a "new natural resource." But that online window for previously published data arrives at the same time the government faces controversy over just how open it really is.

  • Showgowers visit the Verizon booth on the first day of the Consumer Electronics Show in Las Vegas

    “Verizon has a spectrum problem.” That was the immediate reaction from Iain Grant, an analyst with The Seaboard Group in Montreal, to a news story quoting the chief financial officer from Verizon Communications about the U.S. telecommunications giant possibly entering … Continue reading →

  • Airbus' President and CEO Bregier, Air France-KLM incoming Chief Executive de Juniac and Rolls-Royce's President of Civil Large Engines Schulz, shake hands after a signing ceremony at the 50th Paris Air Show near Paris

    PARIS (Reuters) - Airbus sealed a long-awaited order for 25 A350-900 aircraft from Air France-KLM worth $7.2 billion at list prices after Rolls-Royce and the airline reached a deal over engine maintenance. The airline also took a further 25 options on the planes, the companies said at the Paris Airshow on Wednesday. Industry …

  • A worker wearing protective glasses welds steel products at a heavy equipment manufacturing factory in Luoyang

    By Miyoung Kim SEOUL (Reuters) - Asia's top companies have become more optimistic about their business outlook with the retail and shipping industries rebounding sharply in the second quarter of 2013, the latest Thomson Reuters/INSEAD Asia Business Sentiment Survey shows. The Thomson Reuters/INSEAD Asia Business Sentiment …

 

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