Frank Xu

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Obama's NYTimes interview might contain message for Ottawa on Keystone

“Our national interest will be served only if this project does not significantly exacerbate the problem of carbon pollution.” Thus spoke Barack …

Tar Sands

Experiences, not ads, will bring in the millennials for businesses

Usually, the best promise an airline can make to travellers is to get them where they are going with minimum fuss. But this week, WestJet Airlines Ltd. is all about the fuss.<p>The company is hard at work on its next stunt, surprising people on one of its flights with an "experience" that will be …

Stock analysis: Suncor scores high as it recovers from downtrend

<i>StockReports+</i> <i>is a Thomson Reuters service that helps investors pick equities by simplifying the process of evaluating stocks, finding new trading ideas, and understanding trends affecting markets and industries.</i><p>Suncor Energy Inc. will report its second-quarter financial results Wednesday at 10 p.m. …

How the Big Six banks won the battle for Canadians’ wealth

The white flag of surrender hasn't quite been raised, but the war for the Canadian investor looks all but over.<p>Coming out of the financial crisis, the big banks and independent retail brokerage firms each had big ambitions to expand their businesses. The crisis and the stock market crash, they …

Obama disputes job projections for Keystone XL pipeline

U.S. President Barack Obama called into question the number of jobs that would be created from the controversial Keystone XL pipeline in an interview …

Loonie closes slightly higher ahead of heavy slate of economic data

The Canadian dollar closed higher Monday amid mixed commodity prices and as traders awaited the latest snapshot of economic growth.<p>The loonie was ahead 0.13 of a cent to 97.47 cents (U.S.).<p>Commodity prices were positive as the September crude contract on the New York Mercantile Exchange climbed …

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The Bank of Canada’s new policy gap: Inflation

The old lion of central banking himself, former Federal Reserve Board governor Paul Volcker, roared in a speech last April for central bankers worldwide to return to their main mandate of price stability. As if on cue, inflation has become a focus for financial markets and central bankers alike of …

‘Trains or pipelines,’ Doer warns U.S. over Keystone

Canada is telling the U.S administration it will see a sharp increase in cross-border crude-oil shipments by rail if President Barack Obama fails to approve the controversial Keystone XL pipeline.<p>In a telephone interview from Washington, Canadian Ambassador Gary Doer said oil companies are …

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Key indicator says it’s time to buy Canadian miners

<i>ROB Insight is a premium commentary product offering rapid analysis of business and economic news, corporate strategy and policy, published throughout the business day. Visit the ROB Insight homepage for analysis available only to subscribers.</i><p>The S&P/TSX Diversified Mining index recently bounced …

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Investors have faith in telecom, financial stocks

<i>Globe editors have posted this research report with permission of Thomson Reuters. This should not be construed as an endorsement of the report's recommendations. For more on The Globe's disclaimers please read here. The following text is excerpted from the report:</i><p>In this, our Q2 release of the …

Industry Minister meets with senior wireless execs amid policy concerns

Industry Minister James Moore is meeting privately with senior executives of wireless companies Monday as opposition continues to build to a Canadian government strategy they argue would grant preferential treatment to big foreign firms such as Verizon Communications Inc. at the expense of domestic …

RBC adds to U.S. investment banking team

RBC Dominion Securities Inc. is again adding to its U.S. banking team with two new managing directors.<p>Noël Brown joins the healthcare group to focus on life sciences and biotechnology, which has been a hot sector in recent months. Mr. Brown previously worked in healthcare investment banking at …

WIND CEO: Favourable Wireless Rules for Verizon Are “Completely Unfounded”

Ottawa’s wireless spectrum rules have recently come under fire by incumbents Rogers, Bell and TELUS as they claim the playing rules aren’t fair and …

Is Verizon really the 'bogeyman' Canada's telecom giants claim?

Canada's three big mobile-phone providers have been ramping up their campaign to sway public sentiment against the potential entry of U.S. telecom …

150 CEOs Appeal to PM Harper to Reverse Wireless Rules ‘Favouring’ Verizon

According to the <i>Globe and Mail</i>, the lobbying efforts to prevent Verizon from entering Canada have reached new heights as the <i>Canadian Council of Chief</i> …

Bell worried about a Canadian market that includes Verizon, urges government to make changes

In an extensive press release issue today, Bell Canada outlines the three main reasons, and few minor additions, why US wireless providers like …

Merrill Lynch upgrades Rogers to 'buy' even as Verizon risks loom

<i>Inside the Market's roundup of some of today's key analyst actions.</i><p>Merrill Lynch analyst Glen Campbell upgraded <b>Rogers Communications Inc.</b> to a "buy" from "hold," but at the same time lowered his price target on the stock as he factored in the potential for Verizon Communications' entry into the …

Moody's likes the outlook for Canadian supermarkets

Canadian supermarkets are doing better than their U.S. and European counterparts in maintaining profit margins and credit quality, according to a …

Canada shops, economic slowdown fears drop

<i>ROB Insight is a premium commentary product offering rapid analysis of business and economic news, corporate strategy and policy, published throughout the business day.</i> <i>Visit the ROB Insight homepage for analysis available only to subscribers.</i><p>What happened to Canada's worrisome economic slowdown in …

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<i>These are stories Report on Business is following Thursday, July 25, 2013</i>.<p><b>Auto makers surge</b><br>Detroit may be bankrupt, but the auto makers that put it on the map are powering ahead.<p>General Motors Co. stock rose today after the born-again car giant posted a dip in second-quarter profit to $1.2-billion …

Level the wireless playing field, Rogers CEO says

Big U.S. carriers like Verizon shouldn't be allowed to buy new Canadian wireless companies at discount prices while the big domestic carriers are …

Canada doesn’t need fourth wireless carrier, says Rogers CEO Nadir Mohamed | The Star

Ottawa’s vision of a fourth national wireless operator is overly optimistic given the country’s unique characteristics including its “geographic …

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