Canada leading indicator edges up 0.1 percent in November

OTTAWA (Reuters) – The composite leading indicator for Canada rose 0.1 percent in November, slowing down from October on a housing market downturn and weak manufacturing as the economy hits a soft patch.The index rose 0.2 percent in October and was up every month in 2012 except July, said a report on Monday by the Macdonald-Laurier Institute. The think tank developed the modified indicator last year...

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CanElson Announces A New Drilling Rig Commitment, A First Nations Partnership and Strong Performance in the Fourth Quarter

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Stock futures slip after stocks hit five-year high

NEW YORK (Reuters) - Stock index futures fell on Monday, with markets expected to consolidate after the S&P 500 index closed at a five-year high on Friday. Last week was the best for U.S. stocks in more than a year as a budget deal and economic data boosted investor confidence. Financial shares will be in focus a day after global regulators gave banks four more years...

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Here come the big boys

Here come the big boys.The NFL's wild-card weekend is over, with nary an upset. Moving on are division winners Green Bay, Houston and Baltimore, along with NFC West runner-up Seattle and the only rookie quarterback still standing: Russell Wilson.Ahead are some daunting challenges as the Ravens visit Denver, the Texans go to New England, the Packers head to San Francisco and the Seahawks journey to...

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Storm over Depardieu's 'pathetic' move

STORY HIGHLIGHTSRussian President Vladimir Putin has bestowed Russian citizenship on actor Gérard DepardieuFor Depardieu, a public war of words erupted, with many in France disgusted by his moveDepardieu more than anyone, represents the Gallic spirit, says Agnes PoirierMajority of French people disapprove of his action but can't help loving him, she addsAgnes Poirier is a French journalist and political...

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”Zero Dark Thirty” screenplay among Writers Guild nominees

LOS ANGELES (Reuters) – The writers of controversial Osama bin Laden thriller “Zero Dark Thirty” and of the presidential drama “Lincoln” won nominations on Friday for the Writers Guild Awards, as momentum built in Hollywood ahead of the Oscars in February.The screenplays for Iran hostage drama “Argo,” cult movie “The Master,” quirky comedy “Silver Linings Playbook,” and shipwreck tale “Life of Pi”...

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Air France-KLM in “advanced” talks to buy Alitalia: report

ROME (Reuters) – Franco-Dutch carrier Air France-KLM is in “advanced” talks to take control of Italy’s flagship airline Alitalia by the summer, Rome’s Messaggero newspaper reported on Sunday without citing its sources.Alitalia is owned by CAI, a consortium of investors that bought the then-bankrupt airline in 2008. CAI is already partly owned by Air France-KLM. Alitalia’s shareholders can exercise...

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Forex: Gold Trades Heavy on FOMC Outlook- Key Support at $1630

- Commodity Technical Analysis: Gold Falls Sharply and Leaves Advance in 3 Waves- Commodities: Gold at Risk of Deeper Losses on US Employment Data- Commodity Technical Analysis: Gold Probes Short Term TrendlineGold prices were slightly softer at the close of trade this week with the precious metal off by just 0.27% to trade at $ 1650 at the close of trade in New York on Friday. It has been nearly...

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"Cliff" concerns give way to earnings focus

NEW YORK (Reuters) - Investors' "fiscal cliff" worries are likely to give way to more fundamental concerns, like earnings, as fourth-quarter reports get under way next week. Financial results, which begin after the market closes on Tuesday with aluminum company Alcoa , are expected to be only slightly better than the third-quarter's lackluster results. As a warning sign, analyst current...

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NHL, union reach tentative agreement

NEW YORK (AP) — It looks like there will be a hockey season after all — shortened for sure, but perhaps back in business in a week or so.The NHL and the players' association reached a tentative agreement early Sunday to end a nearly four-month-old lockout that threatened to wipe out what was left of an already abbreviated season.A marathon negotiating session that lasted more than 16 hours, stretching...

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