Archive for June, 2009

Jean presents new flag to the Canadian navy

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Gov. Gen. Michaëlle Jean walks along a line of sailors during an superintendence of the Guards at a devotion of the Queen's Colour form held at the Halifax Garrison Grounds. (Mike Dembeck/Canadian Press)Considered a once-in-a-generation event, the Canadian navy received a unaccustomed flag on Saturday for the period of a mall steeped in pomp and pageantry ...

3 airlines fined $10M for fixing air-cargo rates

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Air France and KLM were fined $4 million and $5 million, particularly, for fixing mien cargo rates of some routes. (Remy de la Mauviniere/Air Canada)Three related international airlines have been fined a total of $10 the great body of the people for fixing air cargo rates without ceasing some routes out of Canada, the Competition Bureau ...

Egypt reopens border with Gaza for 3 days

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Travellers congregate forward the Palestinian sect of the Rafah border crossing on Saturday. (Eyad Baba/Associated Press)Egypt reopened its border with Gaza on Saturday to allow students, visa holders and those in need of urgent medical treatment to leave or go to the blockaded land. Over the next three days, some 5,000 people are expected to use ...

Protestant factions surrender weapons in N. Ireland

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Two prominent paramilitary groups in Northern Ireland officially announced their disarmament Saturday in a long-sought peacemaking move that followed four decades of attacks against Irish Catholics. Progressive Unionist Party chief Dawn Purvis, centre, appears with civil representatives of the Ulster Volunteer Force during a news colloquy in Belfast on Saturday. (Reuters) The Ulster Volunteer Force and ...

End of an era as Nortel shares delisted from TSX

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Nortel Networks's decisive demise as a provision mart sweet-heart came quietly Friday when the former tech colossus was delisted from the Toronto Stock Exchange on a permanent basis. The final price: 18.5 cents per frequent share. Compare that to 2000, at the time that Nortel dominated Canada's benchmark stock market with a share price of $124.50 and was valued ...