Archive for December, 2009

Mackenzie pipeline gets a boost

A decades-old northern dream has taken a major step ahead after the panel that was assigned to review the Mackenzie Valley natural gas pipeline concluded that it should go forward. The Joint Review Panel, which has spent the past half-decade assessing the project, has concluded the $16.2-billion project “would deliver valuable and lasting overall benefits and avoid significant adverse environmental impacts.” But in a 679-page report, the panel lays out a number of measures designed to slow the pace of Arctic development the pipeline could spur, in hopes of avoiding undue ecological and social pressures.

After beating Google in name game, Groovle feels lucky

I t would be just like the battle between David and Goliath – if David had changed his name to Groliath. A tiny Oakville, Ont.-based tech startup has scored a rare victory against Google Inc. GOOG-Q over a domain name the Web giant claimed was “confusingly similar” to its own.

Scotiabank boosts stake in Chinese bank

B ank of Nova Scotia BNS-T is looking to buy stakes in banks in China, Vietnam, the Philippines and Malaysia, after settling on what bank executives believe will be a winning strategy for expansion in Asia. The bank said it will boost its interest in western China’s Xi’an City Commercial Bank to 20 per cent – the maximum allowed under Chinese regulations – from less than 2.5 per cent, in a move that is emblematic of its nascent plan for growth in the region. Despite the challenges that China’s banking market poses for foreign banks, such as strong government restrictions on their activities, Scotiabank is keen to operate in the world’s fastest-growing major economy because of the enormous potential it holds for financial institutions.

All-weather driving – indoors

S ome time in July, the temperature in part of Oshawa, Ont., will fall to -30 Celsius in the middle of a howling blizzard. A half a day later, the forecast could call for a high of 60 degrees, with 95 per cent humidity. Luckily, these pockets of climate confusion will be confined to a relatively small indoor space: the new climatic wind tunnel at the University of Ontario Institute of Technology.

Dow Futures Never Lose Trade Secret

Have you ever traded Dow Futures? Dow futures are futures contracts based on the famous Dow Jones Industrial Average (DJIA). Dow Index is a price weighted index of 30 blue chip stocks listed on the New York Stock Exchange (NYSE)

Bond Spreads And Forex

Interest rates are a very important part of any investment decision. Interest rate change by FOMC ( Federal Open Market Committee) is one of the most market moving announcement.

Shopping Safely With A Prepaid Virtual Credit Card

Shopping online is becoming very popular these days mainly because most people are too busy to even go to the mall or their favorite boutiques to purchase items they need and want. Online shopping is almost perfect except that some consumers are hesitant to give their personal and financial information because the risk of having these details stolen and used by others is very high. Want to know how you can avoid being a victim of Identity Theft and online fraud

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