Transat AT’s Q1 revenue down, company posts $13.9 million loss
MONTREAL - Transat A.T. Inc. (TSX:TRX.A) says it had a $13.9-million net loss last quarter.
That was less red ink for the Montreal-based travel company than a year earlier, but revenue was also down by nearly 10 per cent. Transat said the fiscal first-quarter loss was equal to 37 cents per...
Thursday , March 11, 2010
Toyota subsidiary Daihatsu recalls around 275,000 cars in Japan
TOKYO - Daihatsu Motor, a subsidiary of Toyota, said Thursday it will recall around 275,000 vehicles in Japan due to faulty brake lamps and loose bolts in the suspension system.
The move comes as Daihatsu’s parent company - Toyota Motor Corp. - battles to restore consumer confidence amid m...
Thursday , March 11, 2010
HSBC says data on Swiss accounts of 15,000 customers stolen by former employee
GENEVA - British bank HSBC says information on 15,000 customers with accounts in Switzerland has been stolen.
HSBC says a former employee stole the information in late 2006 and early 2007. The accounts were all opened before October 2006.
The bank says it has contacted the affected custom...
Thursday , March 11, 2010
World markets steady after Chinese inflation jump
LONDON - World stock markets traded in a narrow range Thursday amid growing concerns of an overheating Chinese economy and as investors awaited more U.S. economic data over the rest of the week for further insights into the state of the U.S. economic recovery.
In Europe, the FTSE 100 index...
Thursday , March 11, 2010
BP to buy exploration rights in Brazil, Azerbaijan, Gulf of Mexico from Devon Energy for $7B
LONDON - Oil company BP PLC said Thursday it will pay $7 billion to acquire exploration rights in Brazil, Azerbaijan and the Gulf of Mexico from Devon Energy Corp.
BP said it is also selling, for $500 million, a 50 per cent stake in its Kirby oil sands interests in Canada to Devon, based i...
Thursday , March 11, 2010
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