All news from September 3, 2010

Get smart: Help reduce student debt

14:52

As kids prepare to go back to school, the government estimates total student debt levels will surpass $15 billion this month.

Canada’s reserves grew $614M US in August

11:23

Canada’s official international reserves grew by $614 million US in August, the Department of Finance said Friday.

Canadian consumer confidence dips in August: poll

10:48

Canadians consumers are less confident now than they were three months ago because of rising concern about the economy, the latest Harris/Decima-Investor's Group poll found.

TSX gains on upbeat U.S. jobs data

10:44

The TSX notched its eighth straight session in the black Friday as a stronger than expected U.S. employment report eased fears about a sputtering recovery.

U.S. uses Blackberry to spy on UAE, Dubai police chief says

10:37

Concern over Israeli access to BlackBerry data, and the use of the device by the U.S. to spy on the United Arab Emirates are behind the state's moves to curb the smartphone, Dubai's police chief said.

Goldcorp buys Argentina's Andean for $3.6B

08:26

Canada's Goldcorp Inc agreed to buy Argentina-focused gold miner Andean Resources Ltd for C$3.6 billion ($3.4 billion), trumping a competing offer from rival Eldorado Gold Corp.

China tells firms to consider Saskatchewan's Potash: source

16:43

Chinese officials have ordered state companies to meet investment bankers to explore ways to block BHP Billiton’s $39 billion bid for Potash Corp, a source with direct knowledge of the matter said.

Brazil’s economy booms in Q2, defying predictions

16:01

Brazil’s economy grew 8.8% in the second quarter, defying forecasts of a steep slowdown as booming investment and strong consumer demand helped it outshine struggling economies in the developed world.

Bernstein says RIM under threat, shares fall

09:55

RIM is under significant threat as its corporate customers may soon abandon the BlackBerry in droves in favor of the iPhone and Andriod-based smartphones, according to a brokerage’s survey.

U.S. jobs picture less gloomy than forecast in August

08:39

U.S. employment fell for a third straight month in August, but the decline was far less than expected and private payrolls growth surprised on the upside, easing pressure on the Fed to prop up growth.

Campbell profit rises despite falling soup sales

08:32

Campbell Soup Co reported higher-than-expected quarterly earnings Friday, helped by cost cuts and sales of V8 juice drinks, even as U.S. soup sales fell.

Banks admit need for more transparency on pay, bonuses

08:20

Banks have acknowledged they need to be more open about the size of their bonus pools and the methodology for paying star bankers after making progress in other areas of reforming pay structures.