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Apple plans to use a larger screen on its next-generation iPhone and has begun to place orders for new displays from suppliers.
TORONTO – The Liquor Control Board of Ontario is reporting another record year for sales and the money it turns over to the provincial government. Figures released by the board today show net sales of $4.710 billion for 2011-12, up $218 million or 4.9 …
NEW YORK, N.Y. – Facebook says 25 per cent more shares will be sold as investors clamour for shares in a stock offering that could raise more than US$18 billion for the social media company, which will still be controlled by founder Mark Zuckerberg. Fa…
MADRID – Spain’s Repsol energy firm says it has sued Argentina over its takeover of the company’s majority stake in the YPF oil and gas producer. Repsol and Texas Yale Capital Corp. are demanding that Argentina’s government make an offer for the stake …
VANCOUVER – Ivanhoe Mines Ltd. (TSX:IVN) has reported a narrowing of its first-quarter loss as the Vancouver-based miner said its promising Oyu Tolgoi copper-gold project in Mongolia remains on track for commerical production next year. Ivanhoe, 51 per…
While Etsy is a great place to sell your goods, it’s in your best interests to diversify your sales channels by starting your own web…8 Zoom(s)
New scrutiny for CA nuke plant, as restart looms
TORONTO – Sears Canada Inc. (TSX:SCC) reports first-quarter net earnings of $93.1 million or 91 cents per share, compared with a net loss of $47.0 million or 45 cents per share for the same period last year. Total revenue for the 13 week period ended A…
MOLINE, Ill. – Deere is posting a 17 per cent spike in profits for the second quarter is raising its outlook for the year, with farm receipts expected to hit historic heights. The company beat Wall Street expectations on net income and revenue, posting…
MADRID – Spanish markets faced more selling pressure Wednesday as investors fretted about the future of the euro amid increasing concerns over Greece’s future in the single currency bloc. At one stage, the difference between the interest rates demanded…
When Hollywood set out to tell the story of how Mark Zuckerberg launched Facebook, it enjoyed the flexibility of portraying a man who, despite his social network’s worldwide reach, was all but unknown to the public.
DHAKA, Bangladesh – Bangladesh has ordered a four-member commission to investigate 54 businesses linked to the pioneering microlender Grameen Bank founded by Nobel laureate Muhammad Yunus. The probe came weeks after Finance Minister A.M.A. Muhith said …
RI working to keep Schilling’s company afloat
LONDON – The Bank of England has trimmed its forecast for U.K. economic growth this year to 0.8 per cent, but expects inflation to remain above target for another year. In its quarterly Inflation Report released Wednesday, the Bank reduced its growth f…
LONDON – French energy company Total says a gas leak on a North Sea platform has been stopped after a 12-hour operation to pump heavy mud into a well. Yves-Louis Darricarrere, Total’s president of exploration and production, said Wednesday in a stateme…
OTTAWA – A new report says the world is moving to a new business standard for being green, but Canada is not moving along with it. More and more countries are demanding that their imports meet environmental standards, with Europe’s fuel-quality directi…
MISSISSAUGA, Ont. – The Re/Max real-estate sales organization says demand for high-priced housing was strong in most Canadian markets in the first months of this year, with records set in 10 of the 16 markets it tracks. Vancouver was one of the six mar…
ST. JOHN’S, N.L. – Newfoundland and Labrador’s minister of natural resources says serious talks are underway with a company interested in taking over the shuttered mill in Grand Falls-Windsor. Jerome Kennedy isn’t naming the company, but says the propo…
Facebook raises IPO price as offering nears
US panel backs first rapid, take home HIV test