Oct
26

Bank of Canada’s Carney says rate hikes will be gradual

OTTAWA (Reuters) – The Bank of Canada will take care not to raise interest rates too rapidly when the time comes because of risks to the economy from challenges in the United States and Europe, Governor Mark Carney said in an interview released on Thursday.Carney said on Wednesday that the need to hike rates in Canada was “less imminent,” but stuck to his message that...
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Oct
25

Academy broadens reach with Nicholl screenwriting fellowships

LOS ANGELES (TheWrap.com) – This year’s Academy of Motion Picture Arts and Sciences‘ Nicholl Fellowship for Screenwriting saw a record 7,197 scripts boiled down to five winners.Each of the five writers – four Americans and one South African – will receive a $ 35,000, the first installment of which will be given at a gala in Beverly Hills on November 8. It was the...
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Facebook wins back friends on Wall Street, shares soar

(Reuters) – Facebook Inc’s shares headed towards their biggest one-day jump on Wednesday after the company reported a surprising rise in mobile advertising, easing concerns it was having trouble capitalizing on soaring use of smartphones and tablets.Facebook shares were up 21 percent at $ 23.55 in afternoon trade. They were sold for $ 38 each in their initial public...
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New mortgage rules set for 2014

24 October 2012 Last updated at 19:02 ETTougher rules on UK mortgage lending have been confirmed by the City regulator, but they will come into force later than anticipated. Lenders will have to put a borrower’s ability to repay under greater scrutiny as a result of the rules from the Financial Services Authority (FSA).The plan is to stop...
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Newer Pill has low blood clot risk: ob-gyn group

NEW YORK (Reuters Health) – A newer version of the Pill may carry a slightly higher blood clot risk than older formulations – but it’s still a small risk, says the American College of Obstetricians and Gynecologists.In new recommendations, the group says that women should be aware of the “possible minimally increased risk” of blood clots with birth control pills containing...
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