Orders to US factories rose 1.1 per cent in December, with strong demand seen for capital goods
WASHINGTON - Orders to U.S. factories rose in December, supported by a rebound in business investment in capital goods such as heavy machinery.
The results cap off another strong year for U.S. manufacturing.
The Commerce Department says factory orders rose 1.1 per cent following a 2.2 per ce...
Friday , February 03, 2012
B.C. premier’s natural gas plans include power supply change, but no hydro hikes
VICTORIA - Premier Christy Clark is trimming her government’s prized green agenda to support growth in the natural gas industry, including development of three liquefied natural gas plants by 2020 in northwest B.C.
Clark billed her natural gas strategy Friday as a potential clean-energy jugg...
Friday , February 03, 2012
Economist Don Drummond’s report on future of government services due Feb. 15
TORONTO - The long-awaited Drummond Commission report on reforming Ontario’s government to trim a $16 billion deficit will be released Feb. 15.
Former TD Bank economist Don Drummond was hired by the Liberals to review all government programs and services and find ways of lowering costs.
Drum...
Friday , February 03, 2012
Apple for now halts Motorola attempt to have iPhones withdrawn from online store in Germany
FRANKFURT - Apple Inc. has temporarily blocked Motorola’s attempt to have it withdraw several iPhone and iPad models from its Internet store in Germany, the latest twist in an extended legal duel over patents between the companies.
The sale of the devices was briefly halted after Motorola Mo...
Friday , February 03, 2012
Hiring boosts oil prices near US$98; price ends higher for first time in a week
NEW YORK, N.Y. - A surge in U.S. hiring lifted oil prices for the first time in a week. As more Americans commute to work and the economy picks up, demand for energy is expected to rise.
U.S. benchmark crude increased by US$1.48 on Friday to end the week at $97.84 per barrel. It was the firs...
Friday , February 03, 2012
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