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Ike’s controversial vote

Published July 6, 2009, 2:18 am, Buffalo Reflex

Ike Skelton, Missouri’s 4th District U.S. congressman for the past 32 years, is a great politician. What we need right now, though, is a great statesman, a man who can stand up and say “No” to nonsensical legislation.

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Hybrids boost Toyota and Honda car sales

Published July 6, 2009, 2:11 am, The Globe and Mail

TOKYO (Reuters) - Toyota Motor Corp's Prius hybrid was Japan's best-selling car in June while Honda Motor Co's rival Insight ranked fourth, helping the two hybrid leaders dominate the list of top-selling models.

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Rand Risks 11% Drop in Quarter as Investment Wanes, ING Says

Published July 6, 2009, 2:08 am, Bloomberg

July 6 (Bloomberg) -- South Africa’s rand, this year’s best-performing emerging-market currency, may fall more than 11 percent against the dollar this quarter as the nation struggles with its reliance on foreign capital, ING Bank NV said.

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Soccer-Transfer fees must return to normal, says Berlusconi

Published July 6, 2009, 2:07 am, Reuters via Yahoo! Canada News

Soccer needs to rediscover normality after the vast transfer fees shelled out by Spain's Real Madrid, AC Milan owner Silvio Berlusconi has said.

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SMS for Monday 06 JUNE 2009

Published July 6, 2009, 2:05 am, The Namibian

* LET’S see: N$25 000 for the mayor’s entertainment, N$140 000 for Mr Niilo’s [Taapopi] entertainment and his team, N$143 000 for general entertainment, N$220 000 for staff social events, N$132 588 for refreshments, N$2,1 million for cellphone bills, N$215 000 for New Year’s Eve party, N$1,8 million for “special projects”.

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Rio Tinto Sells Alcan Packaging Unit for $1.2 Billion to Bemis

Published July 6, 2009, 2:05 am, Bloomberg

July 6 (Bloomberg) -- Rio Tinto Group , the world’s third- largest mining company, sold part of its Alcan packaging unit to Bemis Co. for $1.2 billion to cut debt.

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Former Babcock wind satellite rises from the ashes (ABC)

Published July 6, 2009, 1:53 am, Yahoo!7 Australian News

Failed investment group, Babcock and Brown, collapsed earlier this year and it seems unlikely that investors will get any of their money back.

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(AFX UK Focus) 2009-07-06 09:46 FACTBOX-How China's yuan trade settlement is financed

Published July 6, 2009, 1:51 am, Interactive Investor

SHANGHAI, July 6 (Reuters) - China has officially launched a pilot programme to allow companies to settle imports and exports in yuan in some regions, marking a major step towards eventually internationalising the Chinese currency. The yuan is not fully convertible under the capital account, so how can firms and banks finance yuan trade? Here are the key points of Chinese rules governing ...

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Rio sells American food packaging assets for $1.2 billion

Published July 6, 2009, 1:41 am, The Globe and Mail

SYDNEY (Reuters) - Global miner Rio Tinto further improved its cash position on Monday by agreeing to sell its Americas food packaging business for $1.2 billion, and analysts said they expected more asset sales to follow soon.

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Real Estate

Published July 6, 2009, 1:22 am, Mondaq

On Friday, June 19, 2009, the Province released Single Sales Tax Information Notice No. 2 dated June 18, 2009 providing further details on the implementation of the Harmonized Sales Tax announced in the 2009 Ontario Budget.

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