OTTAWA (Reuters) - The Canadian economy unexpectedly shrank in April, hurt by weakness in the mining and oil and gas industries, a setback that bodes poorly for a second-quarter pick-up in growth that the Bank of Canada is looking for.
LONDON - Help is at hand for the indebted Greek people: a bailout fund has been set up for them on crowdfunding website Indiegogo.
LONDON Euro zone stocks and low-rated bonds recovered the worst of their losses on Tuesday but remained on edge as Greece looked set to default on a debt repayment to the IMF and plunge deeper into financial crisis.
Canada's main stock index opened higher on Tuesday, winning back some value after Monday's precipitous drop as banks rebounded and rising oil prices helped energy stocks.
Handout/CenovusThe Cenovus deal has many of the characteristics Teachers' and other large pension funds seek out to manage their longterm liabilities, such as providing recurring revenues.