Posts Tagged ‘conservatives’

Government blocks Petronas’ Progress Energy bid

by on October 22, 2012 2:49 am BST
Canadian Industry Minister Christian Paradis said late Friday night that Petronas' bid for Progress -- one of the largest owners of exploration lands in the gas-rich Montney shale region in northeastern British Columbia -- would not provide the "net benefit" for the country required by Canada's foreign investment laws, Reuters reported

Hackers target Canadian companies

by on October 1, 2012 1:45 am BST
In both cases the Canadian government declined to comment on reports which suggested a Chinese connection.The news comes at an awkward time for Canada's Conservative government, which is deciding whether to approve a landmark $15.1 billion bid by China's CNOOC Ltd, a subsidiary of China National Offshore Oil Corporation

Borten Moe to pack parliament bags

by on September 18, 2012 9:22 am BST
The 36-year-old minister, who has served in the Centre Party for two consecutive parliamentary terms, said in a statement that he wished to gain experience outside of politics and will now focus on running his farm in the northern region of South Trondelag.Borten Moe said though he was

UPDATE 3-Britain sinks far deeper into recession than forecast

by Forex Rooton July 25, 2012 11:32 pm BST
Wed Jul 25, 2012 7:32pm EDT * UK GDP falls 0.7 pct in Q2, biggest drop since Q1 2009 * Osborne warns of "deep-rooted economic problems"* Opposition urges more action to boost growthBy David Milliken and Olesya DmitracovaLONDON, July 25 (Reuters) - Britain's economy shrank far more than expected in the second quarter, battered by