Canadian economy shrinks as exports stall

The Canadian economy stalled in the second quarter, contracting slightly as exports dropped amid the global economic slowdown.
Statistics Canada said Wednesday that Canadian gross domestic product shrank 0.1 per cent in the three months ended June 30, or at an annualized pace

26 militants, 10 soldiers killed in Yemen fighting

A new round of fierce fighting in southern Yemen killed 10 soldiers and 26 militants, military officials said Monday, the latest battle in a government campaign to retake territory from al-Qaida-linked fighters, .
Another 38 militants and about 30 soldiers were wounded in the clashes that took place near the city of Dufas in the southern […]

Chavez set to begin new round of cancer treatment

Venezuelan President Hugo Chavez checked in to a military hospital Saturday night to begin a third round of chemotherapy, this time getting the cancer treatment at home rather than Cuba.
Chavez walked into the Dr. Carlos Arvelo Military Hospital accompanied by his daughter Maria and aides. He said his treatment has been going well and aims […]

Saab owner postpones 1H report

Shares in Swedish Automobile, the owner of struggling car maker Saab, have plummeted after it postponed the release of its earnings figures for the first six months of the year, saying the report has yet to be completed.
In a brief two-line statement Friday, the Zeewolde-headquartered Dutch company said the results would be delayed by five […]

Venezuela’s Chavez may undergo more chemotherapy

Venezuelan President Hugo Chavez said Wednesday that he may undergo another round of chemotherapy next week.
Chavez said he feels he is overcoming his illness. When he mentioned cancer, he described it in the past tense saying: “I had it.”
The 57-year-old Venezuelan leader recently shaved his head after his hair began to fall out as a […]

Asian markets edge up early

Asian stock markets opened Tuesday with modest gains, following leads in Europe and on Wall Street.
Japan’s Nikkei 225 rebounded from a five-month low on Monday by 0.2 percent to 8,647.62. South Korea’s Kospi recovered ground lost the day before, jumping 1.6 percent to 1,738.71. Australia’s S&P ASX 200 rose 0.8 percent at 4,113.20. Benchmarks in […]

Gold mine plans divide 1 Transylvanian town

This is fairy tale land and there’s even a pot of gold buried beneath it.
But not everyone’s happy.
With the precious metal at an all-time high, a Canadian company is eager to start blasting out mountains and demolishing parts of the ancient Romanian town of Rosia Montana to build an open-cast mine where 300 tons of […]

Advocates demand state sever SynCare contract

An alliance of Missouri health care providers implored the state on Friday to “immediately terminate” a contractor they say has failed to deliver vital services to Missouri’s Medicaid recipients.
In a letter to state budget director Linda Luebbering, the advocates charge that SynCare LLC has mismanaged the contract from the moment it was hired in May. […]

Deere 3Q profit up 15 percent, outlook improves

Deere & Co. says third-quarter net income jumped 15 percent and it’s boosting its sales outlook for the year with global demand for its green and gold equipment remaining strong.
Deere said Wednesday that it generated $712.3 million, or $1.69 per share, in the quarter that ended July 31. That’s up from $617 million, or $1.44 […]

Gert weakens, Fernanda forms well away from land

Tropical Storm Gert continues to weaken as it heads northeast into the open waters of the Atlantic after skirting past Bermuda.
The storm’s maximum sustained winds had decreased to 40 mph (64 kph) as of late Tuesday morning. The U.S. National Hurricane Center in Miami says additional weakening is forecast and Gert will likely lose its […]