European banks seek cash to ride out debt crisis

By TIM KILADZE

-- After months of standing still, major European banks are on the verge of making big moves to shore up their rickety balance sheets as regulators prepare to finalize tough new capital rules for financial institutions. FULL STORY 


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Canada's exports hit by U.S. slowdown

By TAVIA GRANT

-- Canada's exporters, still struggling to rebound from the trade collapse during the recession, are now being hit by the faltering U.S. recovery.Flagging demand from Canada's largest trading partner sent exports down in July, leading to the biggest monthly deficit on record, a $2.7-billion shortfall. Exports to the U.S. fell 2.2 per cent, driving down overall exports by 0.7 per cent. FULL STORY 


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PUTTING HER STAMP ON FOUR SEASONS

By STEVE LADURANTAYE

-- REAL ESTATE REPORTERVisitors to the Four Seasons Hotels Inc. headquarters in Toronto are greeted by a larger-than-life-portrait of founder Isadore Sharp, a tribute to his decades of leadership and his legendary commitment to luxurious quality. FULL STORY 


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British PM's media flack caught in the spin cycle

By DOUG SAUNDERS

LONDON -- dsaunders@globeandmail.comIt began with an eerily familiar pattern: Soccer stars and politicians and members of the Royal family would check their voice mail, and discover that unheard messages were marked as ''saved.'' FULL STORY 


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Anchoring a change in nightly news

By SIMON HOUPT

-- shoupt@globeandmail.comCanada is about to get a taste of American-style network TV marketing.Ten days from now, the Canadian news broadcasting landscape will enter a new era when Dawna Friesen assumes the anchor chair of the supper hour newscast Global National. Until last month, Kevin Newman headed the Vancouver-based broadcast and served as the face of Global's news division, squaring off against the veteran newsreaders Lloyd Robertson on CTV and Peter Mansbridge on CBC. Not only will Ms. Friesen become the first full-time female anchor of a nightly network newscast in Canada, but her new role will be trumpeted by a multiplatform advertising campaign that the network's parent CanWest Broadcasting is calling the biggest ever undertaken for its nine-year-old flagship broadcast. FULL STORY 


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HOW TO PLAY A WINNING CARD AT THE INTERVIEW

By WALLACE IMMEN

-- James Dimas thought he was well prepared to answer any question a job interviewer could pose, but he was caught completely off guard when a hiring manager asked: ''What's your favourite colour?'' FULL STORY 


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Why Boardwalk is worth a second look

By FABRICE TAYLOR

-- Fabrice Taylor is a Chartered Financial Analyst.For someone who says he's made a lot of mistakes in his life, Sam Kolias is an awfully successful guy. Mr. Kolias runs Boardwalk Real Estate Investment Trust , a multifamily REIT that, unlike most of its competitors, is thriving in a bleak economy. To be fair, he probably hasn't made more mistakes than others; he just owns up to them. FULL STORY 


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Vidéotron's wireless launch being built on content

By IAIN MARLOW

-- TELECOM REPORTERRobert Depatie, the president and chief executive officer of Videotron Ltee, has long bragged that his quest to gain wireless market share in Quebec will be made easier by parent Quebecor Inc.'s vast stable of French-language media. FULL STORY 


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Weighing in on the 'September Effect'

By SHIRLEY WON

-- INVESTMENT FUNDS REPORTERWhen it comes to investing, September can often be cruel.It has been the weakest month for U.S. stocks since 1979, with the SandP 500 falling an average of 1 per cent in the month, according to Thackray's 2010 Investor's Guide. FULL STORY 


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A way to play China's boom from afar

By DAVID PARKINSON

-- dparkinson@globeandmail.comWhat are we looking for?Non-Chinese stocks with the biggest exposure to the booming Chinese economy.Screening for ChinaDespite rumblings about a slowdown in China's economy, its growth outlook is still the envy of much of the rest of the world. Economists are forecasting growth of close to 10 per cent this year, and north of 8 per cent next year. FULL STORY 


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BHP's bid for Potash criticized in China

By ANDY HOFFMAN AND BRENDA BOUW

VANCOUVER -- BHP Billiton Ltd.'s $38.6-billion (U.S.) bid for Potash Corp. of Saskatchewan Inc. is being sharply criticized by a Chinese state-backed news agency, adding to mounting evidence that a Chinese company will attempt to scupper the hostile offer. FULL STORY 


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Stop-loss orders cited in 'flash crash' report

By JANET MCFARLAND

-- A review of the ''flash crash'' that hit Canada's stock markets on May 6 has concluded the market panic was caused by an array of factors including an excess of sell orders and the withdrawal of electronic traders from the markets. FULL STORY 


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Adobe gets a foot in Apple's app store

By OMAR EL AKKAD

-- TECHNOLOGY REPORTERIn the heated battle with Adobe, Apple has called a bit of a truce.Apple Inc. said Thursday it will allow developers of applications for its iPhones and iPads to use software such as Adobe Systems Inc.'s Flash, a move that lifted Adobe's share by more than 12 per cent on the promise of higher sales. FULL STORY 


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Leadership in stormy waters

By KATIE BENNETT

-- The QuestionI am a leader in an organization that has recently merged with another company, and layoffs are pending as a result. The climate is one of distrust and [being] overwhelmed, due to the uncertainty and workload. I feel at a loss to inspire, engage or even connect with my staff right now. How can I lead effectively in such uncertain times? FULL STORY 


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30 SECOND SPOTS / DISPATCHES FROM THE WORLD OF MEDIA AND ADVERTISING

By SIMON HOUPT

-- 1 They're gonna start calling him Miles Moneybags. On Thursday, the New York ad agency Kirshenbaum Bond Senecal and Partners, which is owned by Miles Nadal's MDC Partners, announced it is acquiring the PR firm Kwittken for $10-million to $15-million (U.S.). Toronto-based MDC has been on a buying spree lately, spending about $75-million on six acquisitions in the past year, and it promises to splash out another $25-million before it's done. When Mr. Nadal tweeted the news, he added this nostrum: ''''Once you say you're going to settle for second, that's what happens to you in life.' - John F. Kennedy.'' Hey, we never said his name was Modest Miles. FULL STORY 


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An auto CEO's new mantra: Higher gas prices

By GREG KEENAN

TORONTO -- AUTO INDUSTRY REPORTERFord Motor Co. of Canada Ltd. president David Mondragon uttered words seldom heard from a chief executive officer of a car company, but they illustrate how the gas price spike of 2008 has dramatically altered the auto industry. FULL STORY 


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Canada's competitive edge begins to dull

By BERTRAND MAROTTE

-- Canada is hanging onto bragging rights for being in the top 10 countries in a global ranking of competitiveness - but just barely.The annual survey of competitiveness by the World Economic Forum (WEF) places Canada in 10th place, one notch down from ninth position in the previous year. FULL STORY 


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Embattled Enbridge suffers another pipeline leak

By NATHAN VANDERKLIPPE

CALGARY -- An embattled Canadian pipeline company has shut down another major crude transportation link after a leak sent oil bubbling to the surface in a small Illinois town.Enbridge Inc. halted all oil moving through a pipeline it calls Line 6A after the leak was discovered in an industrial park in Romeoville, Ill. FULL STORY 


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Transat alters pricing plan

By BRENT JANG

-- TRANSPORTATION REPORTERTour operator Transat A.T. Inc. is shelving its traditional goal of delivering last-minute bargains, opting instead to kick off the fall's travel season with lower-priced holiday packages that will likely cost more as the departure date approaches. FULL STORY 


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Canadian firm to drill Chilean rescue shaft

By NATHAN VANDERKLIPPE

CALGARY -- A Canadian company has been tapped to help free the 33 miners stranded at the bottom of a mine in Chile.The first pieces of a Precision Drilling Corp. oil rig began arriving Thursday at the San Jose copper and gold mine, where the miners have been trapped since a tunnel collapsed in early August. FULL STORY 


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Canada's reputation grows in Latin America

By KEVIN CARMICHAEL

OTTAWA -- Canada remains something of a mystery to many Latin Americans, but the country's reputation is growing among governments and business elites, opening the door to greater investment opportunities, said Luis Alberto Moreno, president of the Inter-American Development Bank (IDB). FULL STORY 


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EYE ON EQUITIES / STOCKS THAT SHOULD BE ON YOUR RADAR SCREEN

By SONALI VERMA

-- Westshore Terminals(WTE.UN-TSX) Thursday's close $19.51, up 51centsWestshore Terminals offers steady cash flow combined with interesting growth because of higher coal volumes, further potential for capacity expansion and opportunities in loading new products, such as potash, RBC Dominion Securities Inc. analyst Walter Spracklin said. FULL STORY 


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OPEC at 50



-- The oil cartel celebrates its 50th birthday on Monday. Here's a look at its sales, reserves and big daysOPEC TIMELINE OF MAJOR EVENTS and CRUDE OIL PRICES (1960 - 2009) FULL STORY 


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CHART OF THE DAY

By ERIC ATKINS

-- Feeling overwhelmed and confused by the daily barrage of economic indicators? No wonder. The number of important economic releases issued each month has doubled in the past 10 years, according to Cleve Rueckert of equity researcher Birinyi Associates. The profusion of data has left investors baffled, markets volatile and traders in the driver's seat. FULL STORY 


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THURSDAY'S MARKETS / WHAT HAPPENED



-- DOWNTrade figures weigh on TSXThe Toronto stock market closed with a small loss, pressured by weakness in mining stocks and a report that Canada is exporting fewer goods to the U.S. The gold sector was the biggest loser, falling 2.1 per cent as gold prices tumbled. Goldcorp fell 2 per cent. FULL STORY 


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SUNCOR CHARGED, DISPUTES ALLEGATIONS

By NATHAN VANDERKLIPPE

-- Suncor Energy is disputing allegations it provided regulators with misleading information after being charged Thursday by Alberta Environment.The province laid nine charges against the company after a May, 2008, incident that saw a mixture of rainwater and dirt flow into the Athabasca River from a construction site. Each charge carries a maximum fine of $500,000. FULL STORY 


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