Canada Standard
CanadaStandard.com Saturday 13th March 2010 Edition 107/2010
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FDIC to act as receiver of Old Southern Bank of OrlandoFDIC to act as receiver of Old Southern Bank of Orlando
The FDIC has been appointed receiver of the Old Southern Bank, in...


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KKC files to list $2.2 billion worth of shares on NYSEKKC files to list $2.2 billion worth of shares on NYSE
Private equity firm Kohlberg Kravis Roberts & Co files to list $2.2 billion worth of shares on the NYSE in a long-anticipated move to follow their rival, Blackstone...
Chinese steelmakers want to talk to government about rising ore costsChinese steelmakers want to talk to government about rising ore costs
Chinese steelmakers want government to address rising iron ore...
2009 revenue for BMW down 5%
BMW has suffered a profit dip of 36% between 2008 and 2009, according to company...
Astonishing oil demand by ChinaAstonishing oil demand by China
The International Energy Agency has described China's increasing demand for oil as...
German financial crisis jokes fall flat for AthensGerman financial crisis jokes fall flat for Athens
Athens has declared its displeasure at recent German attempts to make light of the financial crisis facing the...
Wall Street sidelined by dollar fallWall Street sidelined by dollar fall
The U.S. dollar was sharply weaker Friday as stocks drifted...
Statewide Bank in Louisiana to be absorbed by Home BankStatewide Bank in Louisiana to be absorbed by Home Bank
The Statewide Bank, headquartered in Covington, Louisiana, has been taken over by Home Bank, on the order of...
Park Avenue Bank bites the dustPark Avenue Bank bites the dust
Regulators closed the Park Avenue Bank, of New York, New York, Friday and appointed the FDIC as...
LibertyPointe Bank is shut downLibertyPointe Bank is shut down
The LibertyPointe Bank in New York, New York, has been closed by...
Ticker Toll: Heart Attacks May Have Risen When The Stock Market Was Falling, Study Suggests
ATLANTA - Stock market slides may hurt more than your savings. New research suggests they might prompt heart attacks. Duke University researchers found a link between how a key stock index performed...
Young Chinese Workers Less Willing To Settle For Sweatshops Than Their Parents Were
GUANGZHOU, China - Factory worker Chen Qinghai frowned as he looked at a tall bulletin board full of help-wanted notices from companies making everything from photocopiers and DVD drives to mobile...
The Wisdom Of Recycling Trade Surpluses | George Irvin
mercantilism ? One can argue that China's astonishing growth has sucked in other countries' imports while lifting millions out of poverty. But growth continues to be export-led, and the Central Bank...
Online Shoppers' Data Passed On
The Information Commission has warned online shoppers to avoid inadvertently agreeing to allow retailers to share their details with other firms.Customers of several online companies told the BBC...
Swisscom Ceo Says Fastweb Victim Of Fraud: Report
(Reuters) - The chief executive of Swisscom AG said Fastweb was a victim of fraud, a Swiss paper reported on Saturday, the second time the CEO has come out in defense of his company's...
Economy The Focus, And Social Welfare The Challenge, As China's Political Session Ends
BEIJING - Mao Zedong's grandson couldn't have put it more simply. China's biggest challenge? "Economic development," he said, as the nation's most public political meetings end with...
Obama's Bid To Remove Senators' Projects From Health Care Bill Runs Into Political Reality
WASHINGTON - President Barack Obama says he wants projects helping specific states yanked from the health care bill Congress is writing. Democratic senators, being senators, beg to differ. The...
Toyota Eyes 10% Market Share In 6-7 Yrs
KOCHI: Amidst the mounting recall troubles its parent is facing globally, Toyota has set an ambitious target of cornering 10 per cent share of the domestic market in the next six-seven years, up...
The Week's Top 10 Videos On Marketwatch
In case you missed them, here are the top 10 videos that appeared on MarketWatch for the week of March 8-12:Berkshire Hathaway and the magic of compoundingSam Mamudi examines the long-term returns...
North Korea Plans To Return To Nuclear Talks Next Month-report
DOW JONES NEWSWIRES North Korea plans to return to the bargaining table early in April for talks aimed at ending its nuclear weapons program, the Associated Press reported Saturday, citing a news...
Euro Finance Ministers To Agree On Greek Aid: Source
BRUSSELS (Reuters) - Euro zone finance ministers are likely to agree on Monday on the principles and parameters of financial help to Greece, if it is required, but leave out any sums until Athens...
Ubs May Return To Commodities In 2010: Report
) is considering possibly returning to its commodities business this year, some of which it sold during the financial crisis, a Swiss newspaper said on Saturday, citing the co-head of UBS's...
Kuwait Dar Seeks Government Support
), which owns half of British carmaker Aston Martin, is applying for support under a government facility set up for troubled companies as part of a debt...
Cirque Du Soleil Slips Up
NEW YORK -- After opening to rotten reviews in Chicago, Cirque de Soleil's Banana Shpeel is scrambling to avoid a similar slip up in the Big Apple. Cirque – Quebec's best-known cultural and...
China To Bid On Us High-speed Rail Projects
FILE - In this Wednesday, March 3, 2010 file photo, a worker checks a CRH high-speed train at a maintenance base in Wuhan, in central China's Hubei province. China plans to bid for contracts to build...
China Gov't Advisers Urge Steady Economy
Delegates queue up to leave the main hall at the Great Hall of the People after the closing session of the Chinese People's Political Consultative Conference, China's top political advisory body, in...
Gop Says Democrats Have Wasted A Year In 'bitter, Destructive' Drive To Reform Us Health Care
WASHINGTON - Newly arrived Republican Sen. Scott Brown of Massachusetts accused President Barack Obama and Democrats on Saturday of a "bitter, destructive and endless" drive to pass health...
Minister: China To Bid For Us High-speed Rail Projects; Building Lines In Venezuela, Turkey
BEIJING - China plans to bid for contracts to build U.S. high-speed train lines and is stepping up exports of rail technology to Europe and Latin America, a government official said Saturday. China...
Public Sector Job Cuts Hit Women First
scale and scope of spending cuts . This is a bit strange. It is the recovery of growth that will make the biggest contribution to reducing the deficit by getting tax revenues flowing again. Polls...
Ba Passengers Try To Change Travel Plans
Unite union says thousands of its members will walk out for three days from March 20 and for four days from March 27 the following week. The airline's chief executive Willie Walsh has accused Unite...
Bosch Lifts Lockout At South Indian Plant
MUMBAI -(Dow Jones)- India's Bosch Ltd. (500530.BY), a unit of German engineering giant Robert Bosch GmbH (BOS.YY), Saturday said that it had lifted the lockout of its plant at Naganathapura, near...
Subscribers: Us Switches To Daylight-saving Time
The U.S. and much of Canada will move to daylight-saving time from standard time on Sunday, when clocks will be moved forward by one hour. Regular items transmitted from these countries will appear...
Obama Hopes To Revamp 'no Child Left Behind'
WASHINGTON -(Dow Jones)- President Barack Obama on Saturday said he would send to Congress next week the outline of an education plan to revamp President Bush's No Child Left Behind law. The White...
Shanghai Gm Recalls 2,065 Chevrolet Captivas - Government Agency
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Kuwait Dar Seeks Legal Protection
Problems at Kuwaiti investment firms, including Dar, led the government of the world's fourth-largest oil exporter to approve a "Financial Stability Law" rescue package worth $5.2 billion last...
Mgm Mirage Says Citycenter Contractor To File Suit
(Reuters) - The primary general contractor for the $8.5 billion CityCenter project on the Las Vegas Strip plans to sue the project's owners for $492...
Obama To Propose New Plan To Raise Education Standards In U.s.
March 13 (Bloomberg) -- President Barack Obama said he will send Congress a plan to update the U.S. government’s main education aid program with an “ambitious goal” for all students...
This Week In Geek: Caffeinated Cars, Six Cores, Games, More
It's been a busy week for those of us in the Land of Geek, what with a new processor from Intel, a major trade show, plus more new tech and gadgetry than you can poke a stick at. Here are a few of...
Google "99.9 Pct" Sure To Shut China Search Engine: Report
(Reuters) - Talks with China over censorship have reached an apparent impasse and Google, the world's largest search engine, is now "99.9 percent" certain to shut its Chinese search engine, the...
Gop Warns Again Against Passing Health Bill
Newly arrived Republican Sen. Scott Brown of Massachusetts accused President Barack Obama and Democrats on Saturday of a "bitter, destructive and endless" drive to pass health overhaul legislation...
Felderhof: The Man Who Can't Clear His Name
TORONTO -- Two floors below ground in a windowless purple-walled seminar room at the Metro Toronto Convention Centre, one of dozens of presentations was underway this week at the annual convention of...
Agrium Shares Jump As Cf Gets Terra
The nitrogen wars are over, and Agrium Inc. is moving on to different opportunities. Friday, U.S. fertilizer companies CF Industries Holdings Inc. and Terra Industries Inc. agreed to merge in a...
Canwest Newspapers Chief Steps Down
Dennis Skulsky, the president of Canwest Global Communications Corp.’s newspaper and publishing division, resigned Friday, saying he wants to spend more time with his...
Canadian Stocks Flat In Lacklustre Trading
Canadian stocks ended the week little changed, advancing a mere 38.68 points over the past five trading sessions. Friday's performance was equally lacklustre, with the S&P/TSX composite index...
Canwest Lp Proceeds With Sale
Canwest Global Communications Corp. said yesterday it is moving on to the second phase of the bidding process for its newspaper division with several non-binding offers in hand. The country's...
Potash Corp. Leads Fertilizer Stocks Higher
Fertilizer stocks moved higher Friday morning after Potash Corp. of Saskatchewan Inc. hiked its outlook and Agrium Inc. dropped a high-risk bid for a competitor. Potash Corp. said a sharp rebound in...
Vale Strikers In Subdbury Vote Against Contract
Vale SA nickel-mine strikers in Sudbury, Ontario, voted against a contract offered by the company on March 7. Of 2,371 workers who voted, 88.7% were against the contract Thursday, Denis St....
Buffett, World's 3rd-richest Person, Gets Pay Rise
NEW YORK -- Warren Buffett was awarded total compensation of about US$519,490 in 2009 to run Berkshire Hathaway Inc, a 6% increase mainly reflecting the higher cost of keeping the world's...
Big Funds Stalk Canwest Newspapers
The sale of Canada's largest English-language daily newspaper chain has attracted some of the country's financial heavyweights as potential suitors. Among the shortlist of bidders for Canwest...