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Canadian gold producer Barrick Gold Corp (ABX, ABX.TO) on Sunday said it has agreed to sell its Cowal mine in New South Wales, Australia to Evolution Mining for US$550 million in cash on closing. Barrick said proceeds from the sale of Cowal will be used to pay down debt, and that the divestment of...

BlackBerry Limited (BBRY, BB.TO) said that it will cut jobs around the world as it decides to consolidate its device software, hardware and applications business. However, the company did not specify how many employees will be affected. The move is part of the company's goal of boosting sales of higher...

Canadian stocks ended a tad lower Friday, ahead of the U.S. Memorial Day holiday weekend, on weakness in commodity prices and after some hawkish remarks from U.S. Federal Reserve Chair Janet Yellen, who said the central bank will likely raise interest rates this year, as long as economic activity picks...

Minco Gold Corp (MGH, MMM.TO) on Friday entered into a share purchase agreement with Minco Silver Corp and Minco Silver's subsidiary, Minco Investment Holdings HK Ltd, as purchaser, providing for the sale of the company's 51% undivided interest in the Changke ng gold project for an aggregate purchase...

The Canadian stock market is trading slightly to the downside early Friday, following the strong gains of the previous trading session. Weakness in commodity prices is partly responsible for the early losses. Investors are also playing it cautious ahead of a speech from Federal Reserve Chair Janet Yellen...

The U.S. dollar rallied against its major rivals on Friday, erasing early losses, as core inflation in April rose most since January 2013, providing case for a Fed rate hike later this year. The Labor Department report showed that the core consumer price index rose by 0.3 percent in April following...

At 8:30 am ET Friday, Canada retail sales for March and consumer price inflation for April were released. After these reports, the loonie traded mixed against the other major currencies. While the loonie declined against the greenback, it advanced against the rest of major currencies. The loonie was...

At 8:30 am ET Friday, Canada retail sales for March and consumer price inflation for April are set for release. Ahead of these reports, the loonie bounced off from its previous lows against the other major currencies. The loonie was quoted at 1.3630 against the euro, 0.9621 versus the aussie, 99.10...

Deere & Company (DE) reported second-quarter net income attributable to company of $690.5 million, or $2.03 per share, compared to $980.7 million, or $2.65 per share, for the same period last year. On average, 19 analysts polled by Thomson Reuters expected the company to report profit per share of...

The Australian dollar came off from its early highs against its major rivals in European deals on Friday. The aussie was trading at 0.7892 against the greenback, 95.34 against the yen and 0.9629 against the loonie, off early 2-day highs of 0.7931, 95.76 and 0.9659, respectively. The aussie slipped...

The euro rose further against the other major currencies in the European session on Friday, as sentiment improved following the release of the German GDP report, which showed that government spending and consumption rose in the first quarter, increasing confidence in the economy. Data from Destatis...

The euro rose further against the other major currencies ahead of European session on Friday, after data showed that Germany's economic growth expanded at a slower pace in the first quarter. Data from Destatis showed that Germany's gross domestic product grew 0.3 percent sequentially in the first...

The euro strengthened against the other major currencies in the Asian session on Friday. The euro rose to a 2-day high of 1.0422 against the Swiss franc, from yesterday's closing value of 1.0408. Moving away from an early near 2-1/2-month low of 0.7089 against the pound, the euro advanced to...

The Australian dollar strengthened against the other major currencies in the Asian session on Friday. The Australian dollar rose to a 2-day high of 0.7916 against the U.S. dollar, from yesterday's closing value of 0.7890. Against the yen, the euro and the Canadian dollar, the aussie edged up to...

Canadian stocks rebounded to end higher on Thursday, driven by by energy stocks as crude oil prices surged and the Federal Reserve minutes yesterday indicating only a few policy makers wanted to consider a June rate hike. Markets in Europe turned in a mixed performance Thursday. The weaker than expected...

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