A pache Canada Ltd. APA-N has taken a majority ownership position in Kitimat LNG Inc.’s planned natural gas export facility. In a major step forward for the $3-billion project, Apache said it will fund engineering and design costs and operate the facility when it is built – although a decision to construct won’t likely come until 2011

D elays at the proposed Fort Hills oil sands mine may not be as long as feared, after a Suncor Energy Inc. SU-T executive says he misspoke at a conference two days ago. Suncor expects to detail its Fort Hills plans later in 2010, not 2011, John Rogers, the company’s vice-president of investor relations said Wednesday.

T oday’s top stories from Report on Business : Bank chiefs testify to crisis panel Wall Street executives said today they underestimated the severity of the financial crisis and apologized for risky behaviour and poor decisions. They also defended their bonus and compensation practices to a skeptical commission investigating what caused the collapse. Americans are furious and “have a right to be” about the hefty bonuses banks paid out after getting billions of dollars in federal help, the commission’s chairman told chief executives of four major banks, all survivors of the deepest and longest recession since the Depression.

C yberattacks disclosed by Google Inc. GOOG-Q and Adobe Systems Inc. that may lead Google to quit China highlight a sophisticated type of bespoke cyberspying that could be more widespread than previously thought

Wednesday, January 13, 2010 4:00 PM Looking for a financial calculator? Chaya Cooperberg R esearching and writing Home Cents has led me to hundreds of interesting personal finance websites and blogs, many of which offer helpful calculators to measure some aspect of your financial situation. Whether it’s figuring out the cheapest way to get a new car or how much you need to save for retirement, these calculators are ready with quick answers.

T he recession may have officially ended in France and Germany, the heart of Europe’s economy. But broken government finances around the periphery — and a spotty and uncertain economic recovery — could make this a very difficult year for the European Central Bank. Though the euro zone’s two largest economies have been showing modest growth since the second quarter of 2009, other members of the 16-country euro zone such as Greece, Ireland and Spain continue to be plagued by mounting deficit worries, debt downgrades and even fears about default.

A pache Canada Ltd. APA-N has taken a majority ownership position in Kitimat LNG Inc.’s planned natural gas export facility. In a major step forward for the $3-billion project, Apache said it will fund engineering and design costs and operate the facility when it is built – although a decision to construct won’t likely come until 2011.