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The United Kingdom is hosting the NATO Summit of Heads of State and Government at the Celtic Manor Resort in Newport, Wales, on 4-5 September. NATO Secretary General Anders Fogh Rasmussen will chair the meetings. The Summit will formally open with a meeting on Afghanistan. The Allied Heads of State...

Sunshine Oilsands Ltd. (SUO.TO) late Monday announced that the Board of Directors has accepted the resignation of David Sealock as Interim President and CEO, effective immediately. As Executive Chairman of Sunshine, Michael Hibberd has assumed direct responsibility for all CEO tasks and functions. The...

Ballard Power Systems (BLDP,BLD.TO) announced the appointment of Randall MacEwen to replace John Sheridan as President and Chief Executive Officer, effective October 6, 2014. John Sheridan planned to retire at yearend and will continue to serve as an employee in an advisory capacity and on the Board...

The Japanese yen declined against the other major currencies on Monday, as traders await key events scheduled for this week such as rate decisions from the major central banks and U.S. jobs data. All eyes are on the European Central Bank meeting on Thursday, which is expected to provide more cues...

The Australian dollar strengthened against the other major currencies in the Asian session on Monday amid gain in regional shares, with focus on upcoming central bank meeting. The benchmark S&P/ASX 200 Index is currently up 13.40 points or 0.24 percent at 5,639 and the broader All Ordinaries index...

Canadian coffee and dough-nut chain Tim Hortons, Inc.(THI, THI.TO) will have to pay C$345 million as termination fee to Burger King Worldwide, Inc. (BKW), if the former backs out from the $11 billion merger deal, stated a Burger King regulatory filing. Meanwhile, as per the filing, Burger King has...

Canadian stocks ended higher Friday, after data showed the Canadian economy to have grown better than expected with investors tracking strength in U.S. and European markets, even as tensions escalated between Ukraine and Russia. In some upbeat economic news, the Canadian grew 3.1 percent over year...

Canadian stocks rebounded to trade higher Friday morning, with investors tracking some upbeat economic data from Canada and the U.S., while monitoring developments in the conflict between Ukraine and Russia. The S&P/TSX Composite Index moved higher after some upbeat data showed the Canadian economy...

The Canadian dollar gained ground against its key counterparts on Friday, as the Canadian economy expanded at a faster pace in the second quarter. Data from Statistics Canada showed that Canadian economy grew 3.1 percent over year in the second quarter. Economists had been expecting a GDP growth of...

Atlatsa Resources Corp. (ATL, ATL.TO) said that it has appointed Boipelo Lekubo as its chief financial officer effective 1 September 2014. Lekubo is a chartered accountant by profession with extensive experience in group financial management and reporting within the mining industry. Her previous finance...

Canadian stocks are poised for a lackluster open Friday amid downbeat U.S. economic data showing consumers tightened their purse strings in July. U.S. consumer spending dropped 0.1%, while economists expected spending to inch higher. The disappointing data means the U.S. economy is unlikely to match...

At 8:30 am ET Friday, Canada's GDP data for June was released. After the data, the loonie climbed against the other major currencies. The loonie was trading at 1.0840 against the greenback, 1.4299 against the euro, 1.0127 against the aussie and 95.89 against the yen around 8:31 am ET.

Canada's GDP data for June is due at 8:30 am ET Friday. Ahead of the data, the loonie showed mixed performance against the other major currencies. While the loonie rose against the yen and the aussie, it held steady against the greenback and the euro. The loonie was quoted at 1.0850 against the greenback,...

The Japanese yen slipped against the other major currencies in European deals on Friday, as traders sold safe-haven assets amid a rebound in European stocks, though geopolitical tensions still weighed. The European markets rose after reports showed that the Eurozone inflation fell in August and unemployment...

The Japanese yen declined against its major counterparts in European deals on Friday. The yen fell to 103.90 against the greenback, 137.07 against the euro and 113.64 against the Swiss franc, off early highs of 103.65, 136.57 and 113.25, respectively. The yen hit a 2-day low of 172.50 against the...