Wal-mart Stores Inc. and India’s Bharti Enterprises signed a deal yesterday to jointly build wholesale outlets that will buy goods from farmers and small manufacturers and sell them to retailers through a nation-wide supply chain. This may be lead to the American company (Wal-Mart) in eventually gaining a foothold in India’s massive, booming, but well-protected [...]

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Toy-maker Mattel Inc., parent company of Fisher-Price, is recalling nearly 1 million toys – which will cost it about $30 million from its second quarter profits. The toys, including the popular Big Bird, Elmo, Dora and Diego characters, are being recalled due to excessive amounts of lead on their paint. The worldwide recall, announced today, [...]

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There isn’t anything, on a blazing hot summer day, like a fresh bottle of Aquafina or Dasani… tap water? Yes, that’s right… For those of you who didn’t know what the simply innocent looking “P.W.S” on Aquafina’s water bottle stood for: it’s “Public Water Source” (a.k.a. tap water). Last week PepsiCo announced that the label [...]

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Canadians have always been known for their high-risk-taking-culture — NOT. Making foreign investments becomes increasingly important in order to achieve financial success. Limiting yourselves to a domestic Canadian market will reduce many financial opportunities. Here are the Top 7 Reasons to make foreign investments: 1) Canada is a small market. Canada represents only 3.5% of [...]

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A government ruling today will allow Canada’s biggest phone companies to be free from regulations in the some marketplaces. This opens the door to more competition and lower home telephone bills (finally). The Canadian Radio-television and Telecommunications Commission (CRTC), the government agency currently regulating the markets, made the announcement today that home phone rates will [...]

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Prosecutors’ requests to have Conrad Black’s bail privileges revoked, has been denied today by a Chicago judge. Lord Black was convicted three counts of fraud and one count of obstruction of justice – crimes that will probably result in a sentence of 30 years. I think Black forced himself to a dead end on this [...]

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