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Competition Bureau challenges real estate group
The Competition Bureau says rules imposed by the Canadian Real Estate Association limit consumer choice and force people to pay for services they might not want when it comes to selling a house.

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Toyota recall spreads to Prius and beyond
Toyota is recalling about 437,000 Prius and other hybrid cars worldwide to fix brake problems - the latest in a string of embarrassing safety problems at the world's largest automaker.

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Vancouver car-rental customer warns of gouging
An Edmonton businessman is warning Olympic visitors to beware of getting gouged by car rental companies. Jim Galpin was recently presented with a $1,100 bill to repair a windshield chip on a Vancouver rental car, a cost he believes is grossly inflated.

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Last Updated: February 9 2010, 12:07 PM

Agrium profit falls to US$30 million in Q4, but foresees market improvement

CALGARY - Agrium Inc.'s fourth-quarter profit and revenue were down substantially from a year ago but the Calgary-based fertilizer producer (TSX:AGU) said Tuesday it also saw signs of improved market conditions.

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Last Updated: February 9 2010, 11:37 AM

Rio Tinto appoints Robert Brown and fellow Canadian Ann Godbehere to board

MONTREAL - The contingent of Canadians on Rio Tinto's (NYSE:RTP) board of directors will double to four with the appointment of former CAE boss Robert Brown and Ann Godbehere, former chief financial officer of U.K. bank Northern Rock.

People look the exchange rates in a bank in central Athens. Europe`s currency union faces an unprecedented crisis as markets and the euro currency have tumbled in recent weeks - with the euro trading at an eight-month low against the U.S. dollar - on worries that Greece might need financial rescue to cope with its soaring debt and deficit. (THE ASSOCIATED PRESS / Thanassis Stavrakis)

Last Updated: February 9 2010, 11:35 AM

Stock markets climb on hopes that EU will resolve Greece debt issues

TORONTO - The Toronto stock market was well into positive territory late Tuesday morning as investors hoped that European leaders will move to address worries about severe government debt issues on the continent.

Toyota Motor Co.`s 2010 Prius hybrid vehicles wait for shipment at Tahara pier, near Toyota, central Japan. (THE ASSOCIATED PRESS/Kyodo News)

Last Updated: February 9 2010, 9:56 AM

In latest blow, Toyota recalls 437,000 Prius and other hybrids globally for brake problems

TOKYO - Toyota says it is recalling about 437,000 Prius and other hybrid vehicles worldwide to fix brake problems - the latest in a string of embarrassing safety lapses at the world's largest automaker.

Cases of Coca-Cola are seen on display in a grocery store. Coca-Cola said its fourth-quarter profit climbed as the world`s largest drink maker sold 5 percent more beverages worldwide. (THE ASSOCIATED PRESS/Lisa Poole, File)

Last Updated: February 9 2010, 9:52 AM

Coca-Cola's Q4 profit climbs as beverage maker sees drink sales rise overseas

NEW YORK - Coca-Cola's strong overseas growth more than made up for a weak North American market in the fourth quarter, sending profit up 55 per cent for the world's largest beverage maker.

Last Updated: February 9 2010, 9:45 AM

Opti Canada reduces fourth-quarter loss to $212 million, operational performance improves

CALGARY - Opti Canada Inc. (TSX:OPC) had a $212-million loss in the final quarter of 2009, which actually saw big operational and financial improvements from a year earlier, the Calgary-based oilsands company announced Tuesday.

Last Updated: February 9 2010, 9:19 AM

Western Coal Q3 profit drops to $24 million, revenue falls to $118.7M

VANCOUVER, B.C. - Western Coal Corp. (TSX:WTN) says its quarterly profit fell to $24 million or nine cents per diluted share in the three months ended Dec. 31.

Coors Light is seen on display at Costco in Mountain View, Calif. Molson Coors said its fourth-quarter profit more than doubled because of favorable tax benefits even as it sold fewer beers.(THE ASSOCIATED PRESS/Paul Sakuma)

Last Updated: February 9 2010, 9:15 AM

Molson Coors' fourth-quarter profit rises on tax benefits, but worldwide volume falls

Molson Coors Brewing Co.'s fourth-quarter profit more than doubled because of favourable tax benefits even as it sold fewer beers, the international brewer (NYSE:TAP) said Tuesday.

A Japan Airlines airplane with a sign reading: "oneworld" takes off from Haneda International Airport in Tokyo, Japan. Japan Airlines, wooed for months by Delta Air Lines with promises of cash and a broad global network, spurned the world`s biggest carrier and opted to keep its alliance with American Airlines. (THE ASSOCIATED PRESS/Koji Sasahara)

Last Updated: February 9 2010, 8:48 AM

Japan Airlines spurns Delta Air Lines, opts to keep alliance with American Airlines

TOKYO - Japan Airlines, wooed for months by Delta Air Lines with promises of cash and a broad global network, spurned the world's biggest carrier and opted to keep its alliance with American Airlines.

Last Updated: February 9 2010, 8:16 AM

EU's government-backed European Investment Bank rejects possible Greek bailout

BRUSSELS, Belgium - Markets somehow expect the European Union to backstop Greece's sagging finances. But with officials denying one is needed, the precise path out of the crisis for the EU's incoming new leadership remains fogged with uncertainty.

Last Updated: February 9 2010, 7:28 AM

Oil climbs above $72 in Europe as weakening US dollar offsets doubts about global economy

Oil prices rose above US$72 a barrel Tuesday as a weakening U.S. dollar offset concerns about the strength of the global economic recovery.

Last Updated: February 9 2010, 7:08 AM

ATS Automation earns $3.7 million from continuing operations in third quarter

CAMBRIDGE, Ont. - ATS Automation Tooling Systems Inc. (TSX:ATA) says its revenue and profit from continuing operations were down in its fiscal third quarter, which ended Dec. 27.

A man walks past a screen showing falling stocks at the Athens Stock Exchange, in red, in Greece on Monday, Feb. 8, 2010. The Greek exchange remained locked in a bear session Monday, with shares falling around 3.7 percent in afternoon trading, even as European stocks rebounded on hopes Greece won`t be allowed to default on its crushing debt load. (THE ASSOCIATED PRESS/Petros Giannakouris)

Last Updated: February 9 2010, 6:38 AM

European stocks up cautiously on hopes for Greece

LONDON - European stocks rose cautiously Tuesday on hopes that EU officials will provide Greece with some form of support to handle its mountain of debt and keep the market crisis from spreading to other vulnerable countries.

Last Updated: February 9 2010, 1:57 AM

WTO boss says world trade weathered economic crisis better than expected but still at threat

CANBERRA, Australia - The global economic crisis has not led to a return to trade protectionism to the extent feared, but free trade remains under threat, the World Trade Organization's director general said Tuesday.

Engines on the Boeing 747-8 Freighter are started just prior to the plane`s first flight, Monday, Feb. 8, 2010, in Everett, Wash. (THE ASSOCIATED PRESS/Ted S. Warren)

Last Updated: February 8 2010, 11:16 PM

Biggest Boeing plane; successful first flight for 747-8 freighter

EVERETT, Wash. - Boeing Co.'s giant 747-8 freighter - the biggest plane the company has ever built - successfully completed its first flight Monday, a year later than originally planned.

Last Updated: February 8 2010, 8:29 PM

Northgate Minerals board gives green light to Young-Davidson mine in Ontario

VANCOUVER, B.C. - The board of Northgate Minerals Corp. (TSX:NGX) has given formal approval to start development of the company's US$339-million Young-Davidson mine, the company said Monday.

Four Electronic Arts Sims games are posed for a photo at Best Buy in Mountain View, Calif., Monday, Feb. 8, 2010. (THE ASSOCIATED PRESS/Paul Sakuma)

Last Updated: February 8 2010, 7:35 PM

EA loses less money but its outlook is below forecasts, sending stock down

NEW YORK - A disappointing outlook from Electronic Arts Inc. sent shares of the video game publisher sharply lower Monday, a sign that significant cost-cuts and layoffs have not ended the company's slump.

Last Updated: February 8 2010, 7:24 PM

Chrysler says it will invest $550 million to build Fiat 500 at Mexican assembly plant

MEXICO CITY - Chrysler Group LLC says it will invest $550 million to build the Fiat 500 minicar at its assembly plant near Mexico City.

Last Updated: February 8 2010, 7:05 PM

Tech Resources reports $411 million Q4 profit, revenue up from year ago

VANCOUVER, B.C. - Teck Resources Ltd. (TSX:TCK.B) said Monday it earned $411 million in its latest quarter as revenue increased 35 per cent compared with a year ago, helped by sharply higher copper and zinc revenue, offset by lower coal prices.

Last Updated: February 8 2010, 6:51 PM

Real-estate association's rules challenged by federal competition watchdog

TORONTO - Home buyers and sellers may soon be able to choose "a la carte" services from real estate agents if the Canadian Real Estate Association is forced to change its pricing structure, but the association says that's always been the case.