Thursday April 24, 2014

National Business

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Canada poised for an export boom as U.S., global economies improve: EDC

OTTAWA - A new forecast from the federal export agency predicts Canada's economy is on the threshold of stronger growth thanks to a long-awaited recovery in the export sector....

posted: April 24,2014

National Business

Shares in French trainmaker Alstom jump amid talk of GE buyout

PARIS - Shares in French train and equipment manufacturer Alstom have spiked on reports that General Electric Co. is considering making a bid for the company....

Swiss drug maker Novartis gets new drug boost in Q1

GENEVA - Strong new drug sales helped Swiss pharmaceutical firm Novartis AG report a 24 per cent rise in first-quarter profit....

Oil prices recoup earlier losses on Ukraine uncertainty, despite signs of bigger US oil supply

TOKYO - The price of oil rebounded Thursday on worries about tensions in Ukraine....

Unilever: underlying sales up 6.6 per cent in first quarter; reported sales fall on euro

AMSTERDAM - Unilever PLC, the maker of consumer products such as Dove soaps and Ben & Jerry's ice cream, said Thursday that the stronger euro dented its revenues in the first quarter of the year....

Survey: German business confidence rebounds after dipping on uncertainty over Ukraine crisis

BERLIN - German business confidence has rebounded after dipping amid fears about the possible economic impact of the crisis in Ukraine....

Volkswagen closer to realizing Scania takeover after large shareholder accepts bid

STOCKHOLM - Volkswagen has come closer to realizing its ambition to takeover Scania after the fourth largest shareholder in the Swedish truck maker announced it will accept the 6.7 billion-euro ($9.2 billion) bid....

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