Articles By: Financial Post

BHP targets 18% cut to capital spending in 2014
0

BHP targets 18% cut to capital spending in 2014

BHP Billiton Ltd., the world’s largest mining company, is targeting an 18% cut to capital spending in fiscal 2014 as part of an industry-wide drive to boost returns from investment. “We need to squeeze returns from our installed infrastructure,” Andrew Mackenzie, the new chief executive officer of Melbourne-based BHP, said Tuesday in notes for a [...]

Published by on May 21, 2013 7:05 AM
0

Bed sharing raises risk of sudden infant death syndrome fivefold: new study

Parents who share a bed with their baby are exposing it to a fivefold increase in the risk of sudden infant death syndrome, even without any other risk factor such as smoking or alcohol, according to a new study. The analysis of nearly 1500 sudden unexplained infant deaths in Europe and Australasia gives a firm [...]

Published by on May 21, 2013 7:05 AM
0

Today’s ugly data raises questions about strength of U.S. economy

WASHINGTON — The U.S. economy showed worrisome signs as jobless claims rose sharply last week while ground-breaking at home construction sites tumbled in April and a gauge of underlying inflation pointed to weak demand. The data could fuel fears over the impact of a government austerity drive that began in January, and could raise pressure [...]

Published by on May 21, 2013 1:05 AM
0

Risk rises at Verde Potash after major setback

Investors are alarmed by the latest news from junior miner Verde Potash PLC, which wants to develop a major potash project in Brazil called Cerrado Verde. Toronto-listed Verde is developing an innovative process to convert its potash-rich rock into a conventional product for farmers. But this week, the company announced that engineers at FLSmidth could [...]

Published by on May 20, 2013 5:05 AM
0

Senate scandal may further weaken Harper’s hold on Tory caucus

Emerging from a dramatic week that has seen him lose two senators and his chief of staff, Stephen Harper will focus now on calming down his anxious caucus and righting a listing Conservative ship. Tory MPs have been hearing from upset constituents about the Senate expenses controversy that has become one of the most serious [...]

Published by on May 20, 2013 5:05 AM
Monetary stimulus may leave damage in its wake as countries withdraw measures: BoC
0

Monetary stimulus may leave damage in its wake as countries withdraw measures: BoC

OTTAWA — Slashing interest rates and printing wads of money may have saved the global economy from catastrophe, but taking back all the monetary candy opens the world to new risks, the Bank of Canada warns in a research paper. Canada’s policy makers fixed on doing nothing Terence Corcoran: Instead of moving to reverse the [...]

Published by on May 20, 2013 1:05 AM
Glencore Xstrata chairman John Bond voted out at first AGM
0

Glencore Xstrata chairman John Bond voted out at first AGM

LONDON/ZUG, Switzerland — Glencore Xstrata Chairman John Bond surprised investors on Thursday by announcing he had been voted out of the top job at the miner and trader at the group’s first annual shareholders’ meeting. Bond gave no explanation, but as the meeting began in Zug, Switzerland, he handed responsibility for chairing the gathering to [...]

Published by on May 19, 2013 5:02 AM
0

Woman killed at Edmonton Food Bank fundraiser as Jeep demonstration goes disastrously wrong

Powered by WordPress.com VIP Article source: http://news.nationalpost.com/2013/05/18/woman-killed-at-edmonton-food-bank-fundraiser-as-jeep-demonstration-goes-disastrously-wrong/

Published by on May 19, 2013 5:02 AM
0

Canada’s inflation rate tumbles to its slowest since 2009

OTTAWA — Cheaper gasoline and cars helped Canada’s annual inflation rate fall dramatically in April to 0.4% from 1.0% in March, below expectations and well outside the Bank of Canada’s target range of 1 to 3%. It was the lowest since 0.1% in October 2009. Statistics Canada said on Friday prices fell by 0.2% on [...]

Published by on May 19, 2013 1:01 AM
Liberty Silver finances stretched to the limit
0

Liberty Silver finances stretched to the limit

Seven months after regulators zeroed in on Liberty Silver Corp., the troubled junior mining company is facing serious financial trouble. Liberty’s quarterly earnings, filed this week, show the company’s finances have been stretched to their absolute limit. As of March 31, Liberty had just $137,406 left in its treasury. By comparison, accounts payable were more [...]

Published by on May 18, 2013 2:59 AM
« Older Entries