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Off Topic Chat / Homens Timberland Rolo Topo dw
« on: August 18, 2012, 08:42:00 pm »
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TORONTO, July 26 () -- The Canadian stock market rose on Thursday as traders felt more confident about the eurozone debt crisis following a commitment from the European Central Bank ECB) President Mario Draghi to protect the euro.The S&P/TSX composite advanced 147.24 points, or 1.28 percent, at 11,639.75 after President Draghi said that ECB was ready to do whatever it takes to preserve the euro. The S&P/TSX Venture Composite Index was up 9.10 points, or 0.78 percent, at 1,181.42.Canadian stocks gained momentum on Thursday, rising after the European Central Bank president's pledge to save the euro.The eurozone debt crisis has weighed on markets for over two years. Countries saddled with huge debts like Greece, Portugal and Ireland have all been forced to seek bailouts. The crisis has more recently moved to Italy and Spain, which have been forced to pay ever higher yields in order to finance their debts.Investors took Draghi's comments as a signal that the European Central Bank could be more willing to intervene in markets to lower those borrowing rates, which the bank has in recent months said is not part of its mandate.The yield on Spain's 10-year government bonds fell sharply following Draghi's comments, moving down 40 basis points to 6.94 percent. Anything over seven percent is considered unsustainable in the long run.The prospect of further ECB action was overshadowed by a run of largely disappointing second-quarter earnings reports by Canadian corporate giants.On the earnings front, shares of Potash Corp. slipped 2 percent. The fertilizer company reported a 38 percent drop in the second- quarter profit from the same period a year ago.The Toronto-based gold miner Barrick Gold reported the second- quarter profit fell 35 percent, while its adjusted net earnings sank 30 percent. Its shares subsequently stumbled 7.4 percent after the report.Commodity prices advanced with September crude oil on the New York Mercantile Exchange ahead 0.31 percent to 89.25 U.S. dollars a barrel. The energy sector was up 1.79 percent as Suncor Energy Inc. shares climbed 3.21 percent to 31.86 Canadian dollars apiece.Financial sector was also supportive, with the Royal Bank of Canada shares going up by 0.91 percent to 50.85 Canadian dollars apiece.On the currency front, supported by rising commodity prices, one U.S. dollar was buying 1.0100 Canadian dollars at 5 p.m. local time (2200 GMT) on Thursday, compared with one U.S. dollar purchasing 1.0151 Canadian dollars on Wednesday.
LONDON, May 16 () -- Britain will open two Deputy High Commissions in the Indian cities of Hyderabad and Chandigarh, bringing the number of British posts in the country to seven, Foreign Secretary William Hague said on Wednesday.Hague made the announcement in parliament, saying Britain has secured the agreement with the Indian government to open two new posts, "given the growing importance of our relations with India."This means that Britain will have the most extensive diplomatic network in India of any diplomatic service in the world."It will give us a deeper understanding of India at a time when its role in the world economy and on the world stage is growing as never before," Hague said."It will help expand our trade and investment relationship by helping British companies, and it will deepen our political links with state leaders across India, and I hope the House will welcome this development," he added.Hyderabad is the capital of Andhra Pradesh, one of the fastest developing states in India. It is the fifth largest state by population with the third highest GDP.Hyderabad has become a magnet for foreign investment in recent years with global brands like Facebook and Google setting up their Indian operations there.Chandigarh is the joint capital of the states of Punjab and Haryana, two of India's most prosperous states, with great business potential."Our new office will also be responsible for our relationship with the states of Himachal Pradesh, Uttaranchal and Rajasthan," the Foreign Office said.Britain's largest visa operation worldwide is in India, processing half a million applications in the region in 2010.In the same year, bilateral trade between the two countries grew by 20 percent, bringing the total to 13 billion pounds (20.7 billion U.S. dollars). In 2011, British exports to India increased by 45 percent, making India Britain's largest non-EU market.Britain aims to double bilateral trade with India by 2015, while India seeks to increase its bilateral trade with Britain to 24 billion pounds by 2015.
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? Puma Wheelspin"><img alt="? Puma Wheelspin" title="? Puma Wheelspin" src="http://www.pumarussia.net/???????-puma-wheelspin-c-40.html"></a>TORONTO, July 26 () -- The Canadian stock market rose on Thursday as traders felt more confident about the eurozone debt crisis following a commitment from the European Central Bank ECB) President Mario Draghi to protect the euro.The S&P/TSX composite advanced 147.24 points, or 1.28 percent, at 11,639.75 after President Draghi said that ECB was ready to do whatever it takes to preserve the euro. The S&P/TSX Venture Composite Index was up 9.10 points, or 0.78 percent, at 1,181.42.Canadian stocks gained momentum on Thursday, rising after the European Central Bank president's pledge to save the euro.The eurozone debt crisis has weighed on markets for over two years. Countries saddled with huge debts like Greece, Portugal and Ireland have all been forced to seek bailouts. The crisis has more recently moved to Italy and Spain, which have been forced to pay ever higher yields in order to finance their debts.Investors took Draghi's comments as a signal that the European Central Bank could be more willing to intervene in markets to lower those borrowing rates, which the bank has in recent months said is not part of its mandate.The yield on Spain's 10-year government bonds fell sharply following Draghi's comments, moving down 40 basis points to 6.94 percent. Anything over seven percent is considered unsustainable in the long run.The prospect of further ECB action was overshadowed by a run of largely disappointing second-quarter earnings reports by Canadian corporate giants.On the earnings front, shares of Potash Corp. slipped 2 percent. The fertilizer company reported a 38 percent drop in the second- quarter profit from the same period a year ago.The Toronto-based gold miner Barrick Gold reported the second- quarter profit fell 35 percent, while its adjusted net earnings sank 30 percent. Its shares subsequently stumbled 7.4 percent after the report.Commodity prices advanced with September crude oil on the New York Mercantile Exchange ahead 0.31 percent to 89.25 U.S. dollars a barrel. The energy sector was up 1.79 percent as Suncor Energy Inc. shares climbed 3.21 percent to 31.86 Canadian dollars apiece.Financial sector was also supportive, with the Royal Bank of Canada shares going up by 0.91 percent to 50.85 Canadian dollars apiece.On the currency front, supported by rising commodity prices, one U.S. dollar was buying 1.0100 Canadian dollars at 5 p.m. local time (2200 GMT) on Thursday, compared with one U.S. dollar purchasing 1.0151 Canadian dollars on Wednesday.
LONDON, May 16 () -- Britain will open two Deputy High Commissions in the Indian cities of Hyderabad and Chandigarh, bringing the number of British posts in the country to seven, Foreign Secretary William Hague said on Wednesday.Hague made the announcement in parliament, saying Britain has secured the agreement with the Indian government to open two new posts, "given the growing importance of our relations with India."This means that Britain will have the most extensive diplomatic network in India of any diplomatic service in the world."It will give us a deeper understanding of India at a time when its role in the world economy and on the world stage is growing as never before," Hague said."It will help expand our trade and investment relationship by helping British companies, and it will deepen our political links with state leaders across India, and I hope the House will welcome this development," he added.Hyderabad is the capital of Andhra Pradesh, one of the fastest developing states in India. It is the fifth largest state by population with the third highest GDP.Hyderabad has become a magnet for foreign investment in recent years with global brands like Facebook and Google setting up their Indian operations there.Chandigarh is the joint capital of the states of Punjab and Haryana, two of India's most prosperous states, with great business potential."Our new office will also be responsible for our relationship with the states of Himachal Pradesh, Uttaranchal and Rajasthan," the Foreign Office said.Britain's largest visa operation worldwide is in India, processing half a million applications in the region in 2010.In the same year, bilateral trade between the two countries grew by 20 percent, bringing the total to 13 billion pounds (20.7 billion U.S. dollars). In 2011, British exports to India increased by 45 percent, making India Britain's largest non-EU market.Britain aims to double bilateral trade with India by 2015, while India seeks to increase its bilateral trade with Britain to 24 billion pounds by 2015.
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