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Spain crisis budget aims to cut spending

Spain crisis budget aims to cut spending

Spain announced a crisis budget for 2013 based mostly on spending cuts in what many see as an effort to pre-empt the likely conditions of an international bailout. Ministry budgets were slashed by 8.

Samsung raises software stakes for shift to music

Samsung Electronics, which has vaulted the value chain on the strength of its hardware, will go out and buy mobile content providers, a senior executive told Reuters, to compete with Apple, Google and Amazon.

XL Foods beef recall expanded to 30 states

The U.S. Department of Agriculture has extended its public health alert about beef from an Alberta plant to stores in 30 states, including retail giant Walmart. The alert means XL Foods Inc.

Canada/World

Stronach forms party to seek Austrian presidency >B12
Firm makes $8-million splash

Firm makes $8-million splash

View Royal efficiency-controls firm unveils a smart headquarters

Slipping soup sales force closures

Campbell Soup Co. is closing two U.S. plants and cutting more than 700 jobs as it looks to trim costs amid declining consumption of its canned soups.

Manipulation of loonie harms trade: economists

Canada is undermining its own objectives in free trade negotiations around the world by not seeking conditions to ensure that currencies are also free, say economists with the CIBC.

Saskatchewan population up

Saskatchewan's population has had the most growth in a single year since 1971. The province says the latest figures from Statistics Canada show the population grew by 22,154 people between July 1, 2011, and this past July 1.

Hedge fund Mason says Telus shareholders need compensation

Mason Capital is making its case again in favour of compensation for holders of Telus's voting shares under a plan to have a single class of common shares for the telecom company.
Intel redesigns chip for tablets

Intel redesigns chip for tablets

Intel previewed a wave of tablet computers powered by a microprocessor that the company redesigned to make a bigger dent in the growing mobile market. An assortment of major computer vendors made the tablets that were shown Thursday.