PRESS DIGEST-Canada-Nov 7

Wed Nov 7, 2012 3:31pm IST

Related Topics

Stocks

   

Nov 7 (Reuters) - The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.

THE GLOBE AND MAIL

* Canadian uranium and nuclear hardware may soon be shipping to India for the first time in nearly four decades after a deal reached during Stephen Harper's visit to New Delhi.

* Ontario's high school teachers won't be starting job action Wednesday as union leaders have pushed back a deadline for strike action at the last minute.

Reports in the business section:

* Four senior executives abruptly left Penn West Petroleum Ltd in a management shakeup Tuesday as the Calgary energy firm joins the growing ranks of Canadian resource companies taking action to kickstart underperforming operations and flagging stock prices.

* Suzuki Canada Inc, the Canadian subsidiary of Japan-based Suzuki Motor Corp said it will continue to sell vehicles here even though American Suzuki Motor Corp is pulling out of the U.S. market and has been granted Chapter 11 bankruptcy protection.

NATIONAL POST

* The Canadian-backed international bridge project between Detroit and Windsor is closer to reality after Michigan voters defeated a motion requiring a statewide vote to approve money on for the project.

* Arthur Topham, the publisher of a British Columbia website that has drawn repeated complaints over its portrayals of Jews, has been charged with promoting hatred following a six-month police investigation, officials said Tuesday.

FINANCIAL POST

* Indonesia's state-owned Pertamina has expressed an interest in buying Coastal Energy Co, according to documents received by the Financial Post.

* HSBC Bank Canada, the Vancouver-based subsidiary of U.K.-based HSBC Holdings Plc on Tuesday announced that Paulo Maia, currently the head of the Austrailian operation, has been appointed CEO of HSBC Canada, effective Jan 7, 2013.

FILED UNDER:
Photo

After wave of QE, onus shifts to leaders to boost economy

DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.

Barack Obama in India

Reuters Showcase

Coal Mining

Coal Mining

India to open coal to commercial mining firms soon, minister says  Full Article 

RBI Loan Rules

RBI Loan Rules

RBI relaxes overseas loan recast rules   Full Article 

E-commerce Firms

E-commerce Firms

Amazon, e-commerce rivals fuel commercial property boom in India  Full Article 

Growth Forecasts

Growth Forecasts

Indian economic growth forecasts pegged back, despite rate cuts: Reuters Poll.  Full Article 

Uber is Back

Uber is Back

Uber back in Delhi; govt says must await approval.  Full Article 

Markets at Record

Markets at Record

Sensex rises to record after ECB stimulus programme.  Full Article 

Pharma Sector

Pharma Sector

Ipca Labs hit by FDA ban on plant for standard violations.  Full Article | Related Story 

Forex Reserves

Forex Reserves

India FX reserves at record high as RBI fortifies defences  Full Article 

QE for Euro Zone

QE for Euro Zone

ECB launches 1 trillion euro rescue plan to revive euro economy.  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device  Full Coverage