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Monthly Archive May, 2009

IEA warns of falling energy investment

May 21, 2009

LONDON–The economic downturn is cutting investment in energy supply, risking higher prices in future that would hamper any recovery, the chief economist of the […]

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Meltdown couldn’t be predicted, says former Caisse boss

May 20, 2009

QUEBEC–The former head of Quebec's pension fund manager says it was the global economic crisis more than its investment in asset-backed commercial paper that […]

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Wal-Mart targets electronics customers: report

May 19, 2009

Wal-Mart Stores Inc is revamping the electronics departments in its stores to attract customers who previously shopped at the now defunct Circuit City Stores […]

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SFK Pulp Fund posts loss, warns of trouble

May 18, 2009

LONGUEUIL, Que.–SFK Pulp Fund said yesterday it lost $15.1 million in its first quarter and warned of trouble ahead.
The company said, based on […]

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U.S. pressuring BofA on board revamp: report

May 16, 2009

U.S. Federal Officials have urged banking giant Bank of America Corp to revamp its board and bring in directors with more banking experience, the […]

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Fewer jobs, and now, cuts in pay

May 14, 2009

With nearly 14 million Americans unemployed, a growing number of people are competing for a dwindling number of job openings, allowing some employers to […]

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3 rules for returning TARP funds

May 13, 2009

Banks that are ready to repay government bailout money are finding it’s not as simple as writing a check to the Treasury.
So […]

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U.S. prof sees green-jobs boom here

May 12, 2009

Investments expected to flow from new green-energy legislation in Ontario have the potential to create and sustain 90,000 good-paying jobs over the next 10 years, […]

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Jobless rate stabilizes

May 9, 2009

Canada’s economy took an unexpected break in April from the punishing job losses that have pummelled it since last fall, creating 36,000 net positions and […]

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Barclays profit up 15 percent on buoyant BarCap

May 7, 2009

British bank Barclays Plc said first-quarter profit rose 15 percent as strong growth at its investment banking arm made up for a big jump […]

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