TSX drops to two-month low on U.S., Europe fears

TORONTO (Reuters) – Canada‘s main stock index slipped to a two-month low on Tuesday, dragged down by resource and financial shares, as investors fixated on fears of a fiscal crisis in the United States and economic turmoil in Europe.The Toronto Stock Exchange‘s S&P/TSX composite index <.GSPTSE> unofficially closed down 56.80 points, or 0.47 percent,...

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Canada seen needing to spell out rules for natural gas projects

CALGARY, Alberta (Reuters) – The fate of a handful of liquefied natural gas projects planned for Canada’s Pacific coast may depend on the Canadian government‘s willingness to spell out rules for foreign investment in the country’s energy sector, according to a study released on Thursday.Apache Corp, Royal Dutch Shell Plc, Petronas, BG Group Plc and others...

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U2′s Bono to urge U.S. politicians not to cut aid programs

WASHINGTON (Reuters) – Irish rocker and anti-poverty campaigner Bono will appeal to Democrats and Republicans during a visit to Washington this week to spare U.S. development assistance programs from cuts as Congress tries to avert the looming “fiscal cliff” of tax hikes and spending reductions early next year.The U2 lead singer’s visit comes as the Obama...

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Early end-of-life talks tied to less aggressive care

NEW YORK (Reuters Health) – Terminally-ill cancer patients are less likely to get aggressive end-of-life treatment, such as chemotherapy in the last two weeks of life, when they talk with their doctors early on about how they want to die, according to a new study.Treatment aimed at keeping those patients alive at the end is often expensive and may not...

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U.S. the New Saudi Arabia? Peak Oilers Scoff

The U.S. is set to increase oil production so much that it will overtake Saudi Arabia and become the world’s biggest producer by around 2017, the International Energy Agency said today.The reaction from “peak oil” theorists? Not a chance. They continue to argue that the surge in U.S. production coming from shale oil and shale gas is a flash in the pan....

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BBC must reform or die, says Trust chairman

LONDON (Reuters) – The BBC could be doomed unless it makes radical changes, the head of its governing trust said on Sunday, after its director general quit to take the blame for the airing of false child sex abuse allegations against a former politician.Chris Patten, chairman of the BBC Trust, said confidence had to be restored if the publicly funded corporation...

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Malaysian charged with Facebook insult of sultan

KUALA LUMPUR, Malaysia (AP) — The sister of a Malaysian man who has been charged with insulting a state sultan on Facebook said Friday that he is innocent and will lodge a complaint over his detention.Anisa Abdul Jalil said her brother Ahmad Abdul Jalil was charged Thursday with making offensive postings on Facebook last month. But she said there is no...

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Bond soars with record $87.8M ‘Skyfall’ debut

LOS ANGELES (AP) — James Bond‘s “Skyfall” has extended its worldwide box-office rule to North America, hauling in a franchise-record $ 87.8 million in its first weekend at U.S. theaters.Adding in $ 2.2 million from Thursday night previews at IMAX and other large-format theaters, “Skyfall” has taken in $ 90 million domestically, according to studio estimates...

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Obama hails veterans, pledges continued support

ARLINGTON, Virginia (Reuters) – President Barack Obama laid a wreath at the Tomb of the Unknown Soldier to mark the Veterans Day holiday on Sunday, declaring that soldiers‘ needs would be met even as the country winds down wars in the Middle East and Asia.In the ceremony at Arlington National Cemetery, Obama pledged continuing support for veterans as they...

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At China party congress, allegiance trumps reform

BEIJING (Reuters) – As the senior Communist Party official in one of China‘s most prosperous regions, Wang Yang is often cast as an agent of change, a potential force for economic and even political reform should he gain promotion to the party’s highest rung later this week.But the chief of the southern province of Guangdong appears to be distancing himself...

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