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Canadian markets news

End to Fed stimulus, China slowdown spark world sell-off
By Richard Hubbard. LONDON (Reuters) - Clear signals from the U.S. Federal Reserve that it will soon stop pumping money into the global economy and data pointing to slower growth in China sparked sharp falls in bonds, shares and commodities on ...
Fed Chief Roils Markets  Wall Street Journal
Wall St. to slide after Fed's stimulus wind-down outline  Reuters
Globe and Mail   Related articles »  
Wind Mobile's foreign owner mulls pullout
Wind Mobile's foreign owner may be pulling out of a deal to gain full control of the company but the prospects for consolidation of Canada's small wireless providers remain more or less the same - that is to say, up in the air.
Backer withdraws from Wind Mobile  Ottawa Citizen
Verizon eyes wireless entry as Ottawa aims to salvage competition  Globe and Mail
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Bank of Canada's Stephen Poloz looks to businesses to grow economy
The new Governor of the Bank of Canada, Stephen Poloz, makes his first public appearance at an Oakville Chamber of Commerce luncheon on Wednesday.
Canadian Dollar Declines Most in Month on Fed Tapering Timeline  Bloomberg
UPDATE 3-New Bank of Canada chief signals hands-off stance  Reuters
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US unemployment benefit applications rise to 354K
WASHINGTON -- U.S. unemployment benefit applications rose by 18,000 last week to a seasonally adjusted 354,000. Despite the gain, the level remains consistent with moderate job gains.
US Jobless Claims Rise by 18000  Wall Street Journal
US jobless claims jump more than forecast  Globe and Mail
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Canadian economic outlook given bigger bounce from US recovery: RBC
TORONTO - An anticipated financial recovery south of the border is likely to help economic growth in Canada, economists said Wednesday, although the U.S.
RBC raises forecast for Canadian economic growth  Calgary Herald
Sask. looking at 2.9% growth in 2013  Regina Leader-Post
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Imperial Oil to shutter Nova Scotia refinery
Imperial Oil Ltd. will close its 95-year-old Dartmouth, N.S., oil refinery and eliminate most of the 400 high-paying jobs it provides in the Halifax area - victims of too much refining capacity in the Atlantic basin and the high cost of imported crude.
Imperial to close Nova Scotia refinery, convert it to terminal  Reuters
Jobs go west as Imperial Oil converts Nova Scotia refinery to terminal operation  CTV News
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Investors bet Couche-Tard is buying again
Couche-Tard chief executive Alain Bouchard has not hesitated to make acquisitions to boost shareholder returns, but he has always maintained a certain caution in how much he will pay and how much he is willing to lever the balance sheet.
Couche-Tard seen as likely bidder for Hess' US convenience stores  Montreal Gazette
Is Couche-Tard circling Hess' US retail network?  Globe and Mail
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Exclusive: Airbus offers 'regional' A350 - sales chief
PARIS (Reuters) - Airbus (EAD.PA: Quote) is offering airlines a shorter-range "regional" version of its A350-900 passenger jet, sales chief John Leahy told Reuters at the Paris Airshow on Thursday.
AIRSHOW-UPDATE 1-Airbus bags firm orders worth $39 bln at show  Reuters
Airbus Readies 'Gone Fishing' Sign After Nearing 2013 Sales Goal  Bloomberg
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Fracking risks in Gros Morne should be assessed, UNESCO says
The UNESCO world heritage committee says a monitoring mission should be sent to Gros Morne National Park to assess fracking risks.
Gros Morne fracking plan on UNESCO radar  CBC.ca
Potential fracking in Gros Morne raises concerns for UN's world heritage ...  StarPhoenix
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Loblaw testing small discount-store format in Calgary
Canada's largest grocer is trying out a new discount small-store format in a bid to attract more customers in urban areas. Loblaw said it opened the new 10,000-square foot store a few weeks ago in Calgary.
Loblaw testing smaller discount grocery store format in Calgary  Calgary Herald
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