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Recent News Headlines for
Roundup: Canadian stocks fall for fifth day in new year
The Canadian stocks fell for a
fifth day in the new year on Monday. The S&P;/TSX Composite Index
closed down 27.18 points, or 0.20 percent, at 13,245.12.
The index measuring the diversified metals and mining sector on
the Toronto Stock Exchange (TSX) lost 1.01 percent on Monday. Teck
Resources Ltd., Canada's largest base-metals producer, declined 2.
34 percent.
UN members kick off negotiations ahead of conference on world's poorest countries United Nations member
states kicked off negotiations on Monday to come up with an action
plan in advancing the cause of the world's least developed
countries (LDCs), a top UN official told reporters here.
1st Ld-Writethru: Oil gains on Alaska pipeline close Crude prices gained over 1
percent on Monday as the shutdown of the Trans Alaska Pipeline
System caused supply concerns.
On Saturday, Alyeska Pipeline Co., which operates the 800-mile
pipeline network, shut the pipeline after workers discovered a
leak. The closure forced BP, Exxon and others to shut down nearly
all of their oil production on Alaska's North Slope, an area that
produces 630,000 barrels a day, about 9 percent of total domestic
U.S. output, and provides crude oil to U.S. West Coast refineries.
U.S. Fed provides Treasury with record 78.4 billion dollars in 2010 The U.S. Reserve Banks provided
about 78.4 billion dollars for the Treasury in 2010, the largest
amount in the Fed's history, the Federal Reserve announced on
Monday.
The payments to the Treasury for 2010 increased by 31.0 billion
dollars from 2009's level, which was the previous record.
More Recent Headlines
Roundup: Canadian stocks fall for fifth day in new yearUN members kick off negotiations ahead of conference on world's poorest countries1st Ld-Writethru: Oil gains on Alaska pipeline closeU.S. Fed provides Treasury with record 78.4 billion dollars in 2010Urgent: Oil price rises on Alaska pipeline close
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