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Stock markets were dealt another blow on Tuesday as the U.S. home building industry hit a new low, and pushed away optimism that had rallied investors earlier in the day.
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Tuesday, home builder Taylor Wimpey Plc (TW.L), in its interim management statement for the period from July 1 to November 11, said it continues to believe that both the UK and North American housing markets remain attractive in the medium and long term, helped by positive demographic trends in both markets, constrained land supply in the UK and the ability, in an improved market, to increase volumes profitably in the US.
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North American stock markets saw large selloffs Wednesday as energy stocks took a hit and investor confidence was weakened by a poor U.S. retail sales report.
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Rising stocks in the energy, financial and mining sectors helped send the S&P/TSX composite index to a gain of more than three per cent on Friday. .
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The S&P/TSX composite index jumped more than 688 points in Monday trading amid higher prices for oil.
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Stocks in North America tumbled sharply at the opening of trading on Friday as investors bailed out of equities over global recession fears.
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North American stock markets were splashed with red once again on Thursday as caution over the economy showed up in corporate earnings and outlook estimates for next year.
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North American stock markets higher Monday as commodities strengthened and investor confidence was bolstered by the U.S. government's bailout plan for Citigroup.
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North American markets made triple-digit point gains Monday, as investors on both sides of the border appeared to welcome a major spending initiative put forth by U.S. President-elect Barack Obama.
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Stock markets took off in different directions after the opening bell, as Toronto headed lower on weak commodity stocks and Wall Street eked out minor gains in an abbreviated trading session.
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Fading optimism about the U.S. economy has pummeled North American stock markets, and Asian markets suffered a dramatic drop at the start of early Thursday morning trading.
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Wall Street index futures point to a weak open after the previous session's manic-depressive volatility.
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European shares slipped lower amid weak sentiment, as the French government's decision to inject €10.5bn into its banking system lifted financials but failed to offset losses in other sectors
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NEW YORK (Reuters) - Lower air fares in North America are possible in 2009 and likely declines in occupancy levels will keep hotel room rate increases in check, according to the American Express Co annual business travel forecast released on Wednesday.
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Toyota Motor Corp. logged an operating loss in its North American operations in the fiscal first half ended last month due to weak vehicle sales, informed sources said. The loss, estimated at several tens of billions of yen, marks the
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THE Government had to spend an extra €13m accommodating asylum seekers last year -- despite a drop in the number of new applications.
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Officials from Canada, the U.S. and Mexico have pledged to support a plan to save an endangered porpoise found in one area of Mexico but considered of concern to the entire continent.
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Listen here: The casualties of war aren’t just on the battlefield: it takes its toll on the home front as well. In her latest book, Off to War: Voices of Soldier’s Children (Groundwood Books), author Deborah Ellis lets the children of North American soldiers serving in Iraq and Afghanistan tell their own stories. The children, ranging in ages from seven to 17, candidly express the personal concerns and struggles they face in their daily life while a parent is far away facing a war. Their stories are sad, scared, angry and funny, and reveal how war has marked their lives. In this feature interview from The Next Chapter, Ellis talks to Shelagh Rogers about Off to War and the children she interviewed for the book. Ellis is an award-winning children’s writer and has written extensively about the effects of war. Her books have been published in 17 languages and she regularly donates the royalties from her book to charities supporting children and women. The royalties from Off to War are being donated to ...
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European stocks were mostly lower Wednesday, with investors still hurting from Tuesday's heavy losses, and as earnings reports and economic data showed the global gloom is thickening.
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North American markets started in positive territory but quickly receded early Thursday as oil and gold prices moved higher and investors digested a seven-year high in U.S. jobless claims.
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Home improvement chain Lowe's Companies Inc. has cut its earnings forecast because of a continuing slide in the U.S. housing market, the company said on Monday.
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Toyota Motor Corp., the biggest Japanese carmaker, has announced that it will shut down production at all of its US and Canadian plants for two days at the end of December, due to sluggish demand.
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A burst housing bubble and ensuing deep recession may have set off the American war for independence.
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Traditionalist Anglicans are to formally announce that they are setting up a new Church in the US and Canada.
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Traditionalist Anglicans formally announce that they are setting up a new Church in the US and Canada.
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DETROIT (Reuters) - Toyota Motor Corp on Friday said it was cutting North American production of its best-selling cars including the Camry and Corolla sedans in response to rising inventories and a slump in sales.
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Global financial markets were rocked by more grim economic news yesterday, with US employers axing more than half-a-million jobs in November as the slump gripping the world's biggest economy deepened.
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Honda says it is making more production cuts in North America as it adjusts to lower demand but does not plan layoffs at its Ontario factories.
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North American stock markets recovered from early triple-digits losses as investors gauged the fallout from the U.S. Senate's failure to pass a bailout package for the Detroit automakers.
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Honda Motor (HMC) rose in pre-market trading, after announcing plans to cut its production in North America.
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