RTT - Canadian News

RTT - Canadian Newshttp://www.rttnews.comGlobal financial news, market analysis, economics and forex newsen-usFri, 04 Feb 2012 04:00:05 GMTCanadian Dollar Weakens After Dismal Jobs Data Friday, the Canadian dollar fell against its key counterparts after a report showed that the nation added fewer jobs and unemployment rate rose unexpectedly for January.http://www.rttnews.com/1812441/Canadian-Dollar-Weakens-After-Dismal-Jobs-Data.aspx?type=cnFri, 03 Feb 2012 13:20:11 GMTRussia To Build Six Submarines An Year Russia will start building six submarines and one aircraft carrier annually starting next year, according to Deputy Prime Minister Dmitry Rogozin.http://www.rttnews.com/1812434/Russia-To-Build-Six-Submarines-An-Year.aspx?type=cnFri, 03 Feb 2012 13:10:32 GMTDomtar Q4 Net Profit Plunges - Quick Facts Domtar Corp. (UFS, UFS.TO) reported a significant drop in its fourth-quarter net earnings to $61 million or $1.63 per share from $325 million or $7.59 per share last year.http://www.rttnews.com/1812405/Domtar-Q4-Net-Profit-Plunges-Quick-Facts.aspx?type=cnFri, 03 Feb 2012 12:42:15 GMTIsrael Warns Of Military Strike On Iran's Nuke Sites Possibility of an Israeli military strike on Iran's nuclear facilities is fast emerging as both political and military leaders of the Jewish State claim that all of the Islamic Republic's nuclear sites are vulnerable and that a "military option is real and ready to be used if sanctions fail." http://www.rttnews.com/1812213/Israel-Warns-Of-Military-Strike-On-Iran-s-Nuke-Sites.aspx?type=cnFri, 03 Feb 2012 08:42:02 GMTEuropean Commission Orders In-Depth Inquiry Into Fraud On Breast Implants Following the publication of a report on Emerging and Newly Identified Health Risks (SCENIHR) on the safety of silicone products manufactured by the Poly Implant Prothèse (PIP) Company, the European Commission asked its scientific committee on Thursday to conduct a more in-depth investigation based on data from Member-States on the potential health impact of faulty breast implants. http://www.rttnews.com/1811496/European-Commission-Orders-In-Depth-Inquiry-Into-Fraud-On-Breast-Implants.aspx?type=cnThu, 02 Feb 2012 13:37:34 GMTUK Appoints Ambassador To Somalia In Two Decades Britain on Thursday appointed its first Ambassador to lawless Somalia in two decades amid a visit to the country's capital Mogadishu by Foreign Secretary William Hague, UK media reports said.http://www.rttnews.com/1811452/UK-Appoints-Ambassador-To-Somalia-In-Two-Decades.aspx?type=cnThu, 02 Feb 2012 13:20:36 GMTFreezing Weather Grips S. Korea, Transport Disrupted Water meters burst and subway train services disrupted as South Korea reeled under unprecedented freezing weather on Thursday with temperatures plummeting to minus 17 centigrade, a 55-year low for February weather, in Seoul and to the lowest level since meteorological records began in some regions of the country. http://www.rttnews.com/1811130/Freezing-Weather-Grips-S-Korea-Transport-Disrupted.aspx?type=cnThu, 02 Feb 2012 08:45:14 GMTIAEA Sets New Date For 'Intensified' Nuke Talks With Iran The International Atomic Energy Agency (IAEA) has said that it will hold another round of talks on Iran's disputed nuclear program in Tehran on February 21-22.http://www.rttnews.com/1811070/IAEA-Sets-New-Date-For-Intensified-Nuke-Talks-With-Iran.aspx?type=cnThu, 02 Feb 2012 07:44:45 GMTCGI Group Q1 Profit Declines, But Tops View - Update Canadian IT and business processing services provider CGI Group, Inc. (GIB, GIB_A.TO) on Wednesday reported a 16 percent decline in profit for the first quarter on lower revenues and margins. However, adjusted earnings per share topped analysts' expectations by a penny.http://www.rttnews.com/1810310/CGI-Group-Q1-Profit-Declines-But-Tops-View-Update.aspx?type=cnWed, 01 Feb 2012 14:43:34 GMTGCC Calls For Keeping Strait Of Hormuz Open 'At All Costs' The six-nation Gulf Cooperation Council (GCC) has urged the international community to ensure smooth navigation in the Strait of Hormuz through which the GCC countries transport its massive oil shipments and huge quantities of imported food for its growing population.http://www.rttnews.com/1809869/GCC-Calls-For-Keeping-Strait-Of-Hormuz-Open-At-All-Costs-.aspx?type=cnWed, 01 Feb 2012 08:22:30 GMTIAEA-Iran Talks Conclude, No Site Inspected The three-day talks between Iranian officials and a high-level delegation from the International Atomic Energy Agency (IAEA) on Tehran's disputed nuclear program were "positive and constructive," Iranian media reported on Wednesday. http://www.rttnews.com/1809708/IAEA-Iran-Talks-Conclude-No-Site-Inspected.aspx?type=cnWed, 01 Feb 2012 06:37:20 GMTTSX Rallies To Close Modestly Higher Toronto stocks made a late rally to close modestly higher on Tuesday, despite some negative economic data showing that the Canadian economy shrunk for the first time in six months in November.http://www.rttnews.com/1809415/TSX-Rallies-To-Close-Modestly-Higher.aspx?type=cnTue, 31 Jan 2012 21:52:25 GMTImperial Oil Q4 Profit Rises 26% - Update Imperial Oil Ltd. (IMO, IMO.TO) on Tuesday reported a 26 percent increase in profit for the fourth quarter, reflecting higher oil prices as well as improved refining margins.http://www.rttnews.com/1809086/Imperial-Oil-Q4-Profit-Rises-26-Update.aspx?type=cnTue, 31 Jan 2012 14:59:05 GMT10 Soldiers, Dozens Of Militants Killed In Pak Tribal Area Ten soldiers and 40 suspected Taliban fighters were killed when heavily armed militants stormed a military checkpost in the Jogi area of Pakistan's Kurram tribal region on Tuesday, Pak media reported quoting officials. http://www.rttnews.com/1808901/10-Soldiers-Dozens-Of-Militants-Killed-In-Pak-Tribal-Area.aspx?type=cnTue, 31 Jan 2012 12:21:43 GMTSaudi Arabia Assures Reliable, Steady Supply Of Energy World's largest oil exporter, Saudi Arabia has reiterated that it will continue to be a "reliable, steady and dependable supplier" of energy to the world in the context of the European Union embargo on Iranian oil following its continued nuclear defiance.http://www.rttnews.com/1808527/Saudi-Arabia-Assures-Reliable-Steady-Supply-Of-Energy.aspx?type=cnTue, 31 Jan 2012 06:05:55 GMTDollar And Yen Declines On Greece Debt Talks The Japanese yen and the U.S. dollar fell against other major currencies in the Asian session on Tuesday on optimism after reports said that Greece debt deal talks had made progress.http://www.rttnews.com/1808488/Dollar-And-Yen-Declines-On-Greece-Debt-Talks.aspx?type=cnTue, 31 Jan 2012 04:22:56 GMTTSX Closes Lower On Eurozone Debt Concerns Toronto stocks closed lower Monday on investor concerns over the eurozone debt situation, with Greece failing to conclude a debt swap deal with its private creditors as anticipated even as European leaders gathered for a summit in Brussels.http://www.rttnews.com/1808248/TSX-Closes-Lower-On-Eurozone-Debt-Concerns.aspx?type=cnMon, 30 Jan 2012 21:39:56 GMTRussia Unveils New Assault Rifle Russia has unveiled a prototype of its new Kalashnikov assault rifle with improved ergonomics and tactical flexibility.http://www.rttnews.com/1807734/Russia-Unveils-New-Assault-Rifle.aspx?type=cnMon, 30 Jan 2012 12:26:06 GMT28,000 Die Of HIV/AIDS In China Last Year A total of 28,000 people died of HIV/AIDS in China in 2011, while another 48,000 were found newly infected by the virus, says an official report.http://www.rttnews.com/1807482/28000-Die-Of-HIV-AIDS-In-China-Last-Year.aspx?type=cnMon, 30 Jan 2012 07:50:45 GMTScotiabank To Continue As Official Bank Of NHL - Quick Facts Canada's Bank of Nova Scotia or Scotiabank (BNS, BNS.TO) and the National Hockey League said they are renewing their partnership, which began in 2007. Under the terms of the agreement, Scotiabank will continue in its role as the Official Bank of the NHL.http://www.rttnews.com/1807250/Scotiabank-To-Continue-As-Official-Bank-Of-NHL-Quick-Facts.aspx?type=cnSun, 29 Jan 2012 00:29:35 GMTTSX Closes Marginally Higher, Gains 0.4% For Week Toronto stocks were back in positive territory on Friday amid renewed hopes of a satisfactory resolution to Greece's talks with private creditors on a partial write-off of its sovereign debt. Nonetheless, disappointing economic data from the U.S. limited the upside.http://www.rttnews.com/1807139/TSX-Closes-Marginally-Higher-Gains-0-4-For-Week.aspx?type=cnFri, 27 Jan 2012 21:39:34 GMTAhmadinejad Says Iran Does Not Need To Sell Oil To Europe Iranian President Mahmoud Ahmadinejad has said that his country does not need to sell its oil to European countries, and warned that sanctions cannot stop Iran's progress.http://www.rttnews.com/1806628/Ahmadinejad-Says-Iran-Does-Not-Need-To-Sell-Oil-To-Europe.aspx?type=cnFri, 27 Jan 2012 08:43:41 GMTHeart Drug Deaths In Pakistan Mount To 100 At least 100 people have died in Pakistan's second largest city Lahore after taking contaminated drugs supplied from a government-run hospital, media reports said on Friday. http://www.rttnews.com/1806519/Heart-Drug-Deaths-In-Pakistan-Mount-To-100.aspx?type=cnFri, 27 Jan 2012 06:05:58 GMTCanadian Pacific Profit Up 19% Canadian Pacific Railway Limited said Thursday its fourth-quarter profit grew 19 percent from last year, due mainly to an one-time tax benefit. Quarterly revenues improved 9 percent from last year, but were offset by increased fuel and other expenses. The North American transcontinental railway company reported fourth-quarter net income of C$221 million or C$1.30 per share, compared to C$186 million or C$1.09 per share last year.http://www.rttnews.com/1806078/Canadian-Pacific-Profit-Up-19-.aspx?type=cnThu, 26 Jan 2012 17:32:55 GMTCanadian Pacific Q4 Profit Climbs - Quick Facts Canadian Pacific Railway Ltd. (CP, CP.TO) reported an improvement in its fourth-quarter net income to C$221 million or C$1.30 per share from C$186 million or C$1.09 per share in the prior year. On average, 16 analysts polled by Thomson Reuters expected earnings per share of C$1.09 for the quarter. Analysts' estimates typically exclude one-time items.http://www.rttnews.com/1805830/Canadian-Pacific-Q4-Profit-Climbs-Quick-Facts.aspx?type=cnThu, 26 Jan 2012 12:56:31 GMTPotash Corp Q4 Misses Estimates; Guides Q1 Below Consensus Potash Corp Of Saskatchewan Inc. reported fourth-quarter results that missed analysts' estimates, hurt by seasonal slowdown in global fertilizer demand and macroeconomic uncertainties. The fertilizer giant also provided weak first-quarter guidance, sending its shares down by 4.2 percent in pre-market trading. CEO Bill Doyle said, "The drag of global economic concerns shook the confidence of fertilizer buyers and caused a greater decline in fourth-quarter demand than we had anticipated."http://www.rttnews.com/1805780/Potash-Corp-Q4-Misses-Estimates-Guides-Q1-Below-Consensus.aspx?type=cnThu, 26 Jan 2012 12:23:56 GMTPotash Corp Posts Higher Q4 Profit - Quick Facts Potash Corp Of Saskatchewan Inc. (POT, POT.TO) said its fourth-quarter net income grew to $683 million or $0.78 per share from $508 million or $0.56 per share a year ago. On average, 27 analysts polled by Thomson Reuters expected earnings per share of $0.88 for the quarter. Analysts' estimates typically exclude one-time items.http://www.rttnews.com/1805692/Potash-Corp-Posts-Higher-Q4-Profit-Quick-Facts.aspx?type=cnThu, 26 Jan 2012 11:11:36 GMTDozens Feared Dead In Papua New Guinea Landslide At least 60 people were feared dead in a massive landslide near an ExxonMobil LNG project in the southern highlands of Papua New Guinea on Tuesday, local media reported quoting officials.http://www.rttnews.com/1804513/Dozens-Feared-Dead-In-Papua-New-Guinea-Landslide.aspx?type=cnWed, 25 Jan 2012 06:52:24 GMTCanadian National Railway Q4 Profit Tops View; Hikes Dividend - Update Canadian National Railway Co. (CNI, CNR.TO) on Tuesday reported an 18 percent increase in profit for the fourth quarter, reflecting higher freight volumes amid a modest improvement in the North American and global economies. Both earnings per share and revenue topped analysts' expectations.http://www.rttnews.com/1804056/Canadian-National-Railway-Q4-Profit-Tops-View-Hikes-Dividend-Update.aspx?type=cnTue, 24 Jan 2012 15:26:55 GMTAK-47 Designer To Advise Russian Deputy Premier The world's widely-used assault rifle designer Mikhail Kalashnikov agreed on Tuesday to become an adviser to Russia's newly-appointed Deputy Prime Minister Dmitry Rogozin, who is also in charge of the country's defense industry.http://www.rttnews.com/1803821/AK-47-Designer-To-Advise-Russian-Deputy-Premier.aspx?type=cnTue, 24 Jan 2012 12:19:14 GMT �