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New York Times picks new CEO

The New York Times Co. named outgoing BBC head Mark Thompson as its next chief executive, saying it valued his record in helping the British broadcaster expand online. Times Chairman Arthur Sulzberger Jr.

Bank accused of Iran plot strikes deal

NY regulator and Standard Chartered settle
Redford sticks to guns on pipeline

Redford sticks to guns on pipeline

Alberta premier visits B.C., but says there are no plans to meet Clark

Passport agency faces renewal rush

Fifth anniversary of U.S. entry law behind increase in applicants

Convenience giant expands

Convenience store giant Alimentation Couche-Tard Inc. is boosting the presence of its Circle K chain in the Sunshine State by acquiring 29 stores from Florida Oil Holdings for an undisclosed price.


Syrian power struggle >B10

Rising energy stocks nudge TSX upward

The Toronto stock market racked up a slight advance Tuesday, helped along by rising energy stocks as oil prices got a boost from surging U.S. retail sales, while Germany posted stronger-than-expected growth in the second quarter.

Sale of Aveos division delayed

A Quebec court delayed the sale of Aveos's engine repair business until next week to give the union and an unsuccessful bidder an opportunity to challenge the fairness of the proposed sale to Lufthansa Technik.

Temple buys Calgary hotel

Temple Real Estate Investment Trust says it is buying the Acclaim Hotel Calgary Airport for $42 million. The existing four-storey, full-service hotel, which opened in 2009, consists of 123 guest rooms.

Scotiabank buys fund stake

Scotiabank has reached an agreement to buy a 51 per cent stake in Colombia's fourth-largest pension fund company. The bank did not disclose the terms of its transaction involving Colfondos AFP.