Greece: Is there a Plan B? Philip Shaw, chief economist at Investec, talks about the possible choices Greece has with its debt problem.
Shaw posts 3Q profit CALGARY, Alberta _ Shaw Communications Inc. on Thursday reported fiscal third-quarter profit of $162.2 million. The Calgary, Alberta- based company said it had net income of 34 cents per share. Keywords: Shaw Communications, Earnings Report.
Source: The Associated Press
UPDATE 1-Vancouver to regulate booming marijuana dispensaries VANCOUVER, June 24- Vancouver city councilors voted on Wednesday in favor of new rules for licensing marijuana dispensaries, despite objections from the federal government, becoming the first Canadian city to regulate retailers selling the drug. The bylaw, part of an effort to slow the thriving but so-far unlicensed industry in Vancouver, comes as the number...
| By: Julie Gordon
UPDATE 2-Rogers adds subscribers, airwaves with Mobilicity, Shaw deals TORONTO, June 24- Rogers Communications Inc scooped up a small rival and secured key airwaves through a series of deals on Wednesday that reinforced its position as Canada's largest wireless company, while also helping No. 4 operator Wind Mobile. The move supports the Canadian government's goal of assisting smaller players to spur competition, and leaves Wind...
| By: Alastair Sharp
UPDATE 1-Strong income tax growth pushes UK borrowing to 8-year low *UK budget deficit shows big year-on-year fall in May. LONDON, June 19- Strong income tax receipts pushed British government borrowing to its lowest May reading since 2007, adding to signs that revenue growth could play a major role in debt-reduction plans being drafted by finance minister George Osborne. Osborne says debt needs to fall substantially as a...
UPDATE 2-Germany's Bilfinger warns again, lops off ailing Power unit FRANKFURT, June 18- German engineering services firm Bilfinger plans to sell the power-plant unit blamed for six profit warnings as a first step in what could be a more drastic restructuring, its chief executive said two weeks after taking over. Bilfinger, which in its heyday built the Sydney Opera House and the Munich Olympic Stadium, has lost two-thirds of its...
| By: Georgina Prodhan