BusinessCorner

Greece's coalition government on Monday caved in to demands to cut 15,000 civil service jobs this year, amid mounting international pressure to agree on austerity measures.


A Chinese state-owned corporation wants the Supreme Court of Canada to overturn a ruling that would force it to stand trial in the deaths of two oilsands workers.


Price increases in three major Canadian housing markets pushed the Canadian Real Estate Association's home price index higher in January following declines in each of the two previous months.


A Wall Street hedge fund pitched Bay Street investors Monday in an effort to get fellow CP Railway shareholders on board with a plan to turn the company around.


Two customers say the Bank of Montreal violated their privacy and trust by allowing sensitive financial information to get into the wrong hands, then failing to address their complaints.


Canadian airlines say they saw record passenger load factors last month, which is usually a slow period for business travellers.


The Canadian Auto Workers union is threatening to occupy the Electro-Motive plant in London, Ont., if parent company Caterpillar doesn't offer the out-of-work employees a severance package it deems reasonable.


A Saskatchewan law limiting the ability of public sector workers to go on strike has been ruled unconstitutional by a Queen's Bench judge.


U.S. President Barack Obama is imposing tough new sanctions against Iran and its Central Bank in a move designed to freeze the country's assets amid growing nuclear tensions.


Google India has removed web pages deemed offensive to Indian political and religious leaders to comply with a court case that has raised censorship fears in the world's largest democracy, media reported Monday.


The markets may be hitting RIM hard after its most recent restructuring, but the Ontario community considered synonymous with the BlackBerry isn't letting bad news get it down.


Mark's Work Wearhouse has pulled Caterpillar-brand boots off the shelves of its London, Ont.,-area stores in support of hundreds of local Electro-Motive workers who are losing their jobs.


Canada's unemployment rate rose to 7.6 per cent in January according to Statistics Canada, a 0.1 per cent increase, as 23,700 more people searched for work.


New job numbers released by Statistics Canada show that the biggest job gains between January 2011 and 2012 were in natural resources while the biggest drop in employment was in the finance, insurance, real estate and leasing sector. We take a look at how various industries fared in the 10 provinces.


The Conservative government is considering increasing the age of eligibility for Canada's Old Age Security system, Prime Minister Stephen Harper confirmed Friday.

Specialist trader Jason Hardzewicz (L) of Barclay's Capital gives prices to traders on the floor of the New York Stock Exchange February 3, 2012. REUTERS/Brendan McDermidReuters - Stocks edged lower on Monday as investors found little reason to extend a five-week rally on lingering uncertainty over whether Greece would accept the terms of a bailout.

Prime Minister Lucas Papademos arrives at his office in Athens for a meeting with Greek political leaders February 5, 2012. REUTERS/Yiorgos KarahalisReuters - German Chancellor Angela Merkel told Greece on Monday to make up its mind fast on accepting the painful terms for a new EU/IMF bailout, but the country's political leaders responded by delaying their decision for yet another day.

Reuters - Objections to Express Scripts' $29 billion plan to buy rival pharmacy benefits manager Medco Health Solutions are accumulating as U.S. antitrust regulators weigh whether they have enough evidence to stop the megamerger.
Reuters - A shortfall in customer funds at MF Global Holdings' broker-dealer unit grew in the days before the company went bankrupt, as client money increasingly was used to pay for MF's daily activities, said the trustee liquidating the broker-dealer.
Reuters - Brent crude's premium to U.S. oil could be poised for another record run after jumping 50 percent over the past week, as an expected build in Midwest inventories again exerts pressure on the U.S. benchmark.

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