TORONTO (Reuters) – Canada‘s main stock index tumbled to a three-month low on Thursday, dragged down by the materials and financial sectors, as soft U.S. and European economic data dampened sentiment.The Toronto Stock Exchange‘s S&P/TSX composite index <.GSPTSE> was down 143.03 points, or 1.20 percent, at 11,786.76 after the open. Earlier it...
Canada’s Carney says rate hikes “less imminent”
Label: World
TORONTO (Reuters) – Interest rate hikes have become less imminent than the Bank of Canada once expected, although rates are still likely to rise, central bank Governor Mark Carney said in an interview published on Saturday.“Over time, rates are likely to increase somewhat, but over time, so a less imminent timing relative to our expectation,” Carney said...
Nov
14
Facebook stock up as lock-up expires on largest block of shares
Label: Technology
SAN FRANCISCO (Reuters) – Shares of Facebook Inc jumped 10 percent in early trading on Wednesday, even as the biggest block of shares held by insiders became eligible for sale for the first time since the social media company’s disappointing debut in May.In heavy morning trading, Facebook gained $ 2.02 to $ 21.89.
“While...
Actor Channing Tatum dubbed People’s sexiest man alive
Label: Lifestyle
NEW YORK (Reuters) – Actor Channing Tatum, who set female hearts fluttering in the summer movie hit “Magic Mike”, was named the sexiest man alive by People magazine on Wednesday.“My first thought was, ‘Y’all are messing with me,” Tatum told the magazine after hearing the news.
The 32-year-old actor, who is married to...
Ireland probes death of ill abortion-seeker
Label: Health
DUBLIN (AP) — The debate over legalizing abortion in Ireland flared Wednesday after the government confirmed that a miscarrying woman suffering from blood poisoning was refused a quick termination of her pregnancy and died in an Irish hospital.Prime Minister Enda Kenny said he was awaiting findings from three investigations into the death of Savita Halappanavar,...
America’s Shadow Pharmacies
Label: Business
In October 2003, the Senate Committee on Health, Education, Labor, and Pensions assembled for hearings on compounding pharmacies. These state-licensed retail businesses mix and sell medications, but without the federal safety approval required for mass-produced drugs. Then-Senator Christopher Bond (R-Mo.) convened the hearing by warning of “a significant...
Beating tax cheats key to Italy’s recovery plan
Label: World
ROME (AP) — Good plumbers may be worth their weight in gold, but when one was spotted zipping around in a bright red Ferrari, Italian tax police were fast on his trail.Stamping out entrenched tax evasion is crucial to Premier Mario Monti‘s quest to keep Italy from succumbing to the European debt crisis, and it is critical to fellow eurozone members in...
Nov
13
New Lumia phones seen winning Nokia more time
Label: Technology
HELSINKI (Reuters) – Nokia‘s new Lumia smartphones are trickling into the market and early signs suggest they may sell well enough to give the handset maker more time in its fight against industry leaders Samsung and Apple.But investors shouldn’t expect a quick turnaround for the struggling Finnish cellphone maker, with rival gadgets like mini tablet computers...
Day-Lewis heeded inner ear to find Lincoln’s voice
Label: Lifestyle
LOS ANGELES (AP) — A towering figure such as Abraham Lincoln, who stood 6 feet 4 and was one of history’s master orators, must have had a booming voice to match, right? Not in Daniel Day-Lewis‘ interpretation.Day-Lewis, who plays the 16th president in Steven Spielberg‘s epic film biography “Lincoln,” which goes into wide release this weekend, settled on...
War uproots 2.5 million Syrians, aid groups say
Label: Health
GENEVA (Reuters) – At least 2.5 million Syrians are believed to have fled their homes because of civil war, aid groups said on Tuesday, more than double previous estimates.The figure comes from the Syrian Arab Red Crescent, whose volunteers are on the frontlines of the 20-month conflict, delivering aid supplies and evacuating wounded.
“The...
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