Noranda defends China sale
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TORONTO and OTTAWA - Senior executives from Noranda Inc. are adamantly defending controversial talks to sell the company to China&#39;s communist government, despite suggestions from MPs that Parliament may block the proposed sale.
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Confusion about the role of Chinese banks in the sale of Russia's Yuganskneftegas deepened on Wednesday.
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The Canadian government has not ruled out suing the Ministry of Defence over the purchase of four second-hand submarines. Bill Graham, Canda&#39;s defence minister, spoke out after a fire crippled HMCS Chicoutimi and claimed the life of one its crew.
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The embattled French co-chairman of Airbus parent EADS on Friday defended his sale of shares in the company before delays in the superjumbo A380 sent stock tumbling, calling it an &quot;unfortunate coincidence.&quot;
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Noranda, Canada's largest mining company, said on Friday that it may be acquired by the China Minmetals Corporation in a deal worth more than $4.7 billion.
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TORONTO (CP) - Canada&#39;s chief public health officer defended on Friday the right of the country&#39;s flu vaccine manufacturer to sell surplus supply to the United States.
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The Chinese firm, Minmetals, owned by the Chinese government, has taken over the biggest mining company in Canada, Noranda Mining.
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Canadian officials played down on Wednesday the amount of pressure China will be under to loosen its grip on the yuan when it meets Group of Seven finance ministers late this week.
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Shares of Husky Energy Inc., a Canadian oil and natural-gas producer controlled by Hong Kong billionaire Li Ka-shing, rose after a newspaper reported that the Chinese government is in talks to buy the company.
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Plans for a Chinese community centre in south Belfast may have to be reconsidered because of local objections.
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Noranda Inc., Canada&#39;s biggest mining company, entered into exclusive talks on a takeover proposal from China Minmetals Corp. The preliminary cash proposal reflects a small premium
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Noranda Inc., Canada&#39;s biggest mining company, began exclusive talks on a takeover proposal from China Minmetals Corp. that would lead to the spinoff of Noranda&#39;s aluminum business to shareholders.
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China on Friday defended a decision last week to stop the wife of a blind, jailed activist going to the Philippines to pick up an award on his behalf, saying she was suspected of "criminal activities".
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A recent series of acquisitions of Canadian corporations has prompted a growing public debate over foreign control.
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A Chinese regulator defends one of its country's tyre-makers embroiled in a US row.
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FOSTER&#39;S Group chief executive Trevor O&#39;Hoy has defended the handling of last year&#39;s sale of Australian Leisure &amp; Hospitality ahead of likely attacks on the Foster&#39;s board at today&#39;s annual meeting in Melbourne.
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A stricken Canadian submarine that was among a second-hand fleet sold by the Royal Navy was not defective, a defence expert claimed today.