Yahoo Finance PRESS DIGEST-Canada - Feb 7
Feb 7 (Reuters) - The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.
THE GLOBE AND MAIL
- Google and YouTube parent Alphabet Inc began laying off employees in Canada on Monday, more than two weeks after the California-based internet giant said it would slash 12,000 jobs worldwide in a cost-cutting measure amid an economic downturn. - Canada Prime Minister Justin Trudeau says Canada "stands ready to provide assistance" in the aftermath of a 7.8-magnitude earthquake that rocked Turkey and Syria, but no formal relief efforts were announced by the government Monday.
NATIONAL POST
- Newmont Corp, the world's largest gold miner by output, has offered to buy Newcrest Mining Ltd, Australia's largest gold miner, for the equivalent of US$17 billion.
- Canada's First Quantum Minerals Ltd says the Panama government has been obstructing its efforts to export copper from its Cobre Panama mine since late January.
- Saskatchewan's Deep Earth Energy Production Corp said it will begin construction this year on Canada's first commercial-scale facility for producing electricity from geothermal heat. (Compiled by Bengaluru newsroom)
