IBT Staff Reporter

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‘Skyrim’ Patch Coming Soon

A plague has descended on the inhabitance of the game “The Elder Scrolls V: Skyrim,” not a disease that cause boils but one equally disfiguring: bad textures.

Gingrich Earned $1.6 Million as Freddie Mac Consultant

Newt Gingrich earned between $1.6 million and $1.8 million as a consultant for the government-sponsored mortgage company Freddie Mac, far more than the $300,000 contract he disclosed in a recent debate, according to a Bloomberg News investigation. The advice he reportedly gave them contradicts his recent criticisms of the company.

Seaway oil pipe to be reversed after Enbridge deal

Enbridge Inc surged past its competitors in the race to send large volumes of oil locked up in the U.S. midcontinent to the giant Gulf Coast refining hub after the $1.15 billion acquisition of ConocoPhillip's Seaway pipeline.

TSX may open lower as Europe rattles markets

Canadian stocks looked set to open lower on Wednesday along with commodities on investor fear of contagion from the weakest debt-ridden euro zone economies such as Greece into bigger ones such as Italy, Spain and even France.

Canada private equity deals tumble in Q3

Canadian private equity deals tumbled in the third quarter from the year-ago period, but were still far above crisis levels of just two years ago, according to an industry report on Wednesday.

Hackers eye Canada business: study

Hackers attacking Canadian organizations are determined to make money in targeted campaigns while government insiders stole more data than ever before, a security study released on Tuesday showed.

Existing Home Sales Rise 1.2 Percent in October

Sales of existing homes in Canada rose in October to the highest level since January, boosting forecasts for national resale activity for 2011 and confirming Canada's housing market remains robust.

Rafale warplane deal stalled, UAE says proposal unworkable

A long-awaited French deal for Dassault to sell at least 60 Rafale warplanes to the United Arab Emirates appeared to hit a roadblock on Wednesday after the Arab country's crown prince said proposed terms were uncompetitive and unworkable.

Euro zone Oct inflation 3 percent; seen falling

Euro zone inflation held at 3.0 percent for a second month in October, with economists saying it had likely peaked and would soon fall in a struggling economy, giving the European Central Bank room to cut interest rates and focus on growth.

Swiss cabinet in move to inform U.S. bank clients

The Swiss cabinet approved on Wednesday an amendment to a tax agreement with the United States to ensure that bank clients are properly informed about requests from U.S. authorities for data on suspected tax dodgers.

Flaherty: Bond volatility to continue without firewalls

Volatility in government bond markets is likely to continue unless European countries take steps to shield their financial systems, Canada's finance minister said as he expressed frustration with Europe's two-year old debt crisis.

October consumer prices fall 0.1 percent; core edges up

U.S. consumer prices fell in October for the first time in four months as Americans paid less for new cars and gasoline, although prices outside of food and energy posted a slight increase, the Labor Department said on Wednesday.

Tyco profit tops Wall Street forecasts

Industrial conglomerate Tyco International Ltd reported higher-than-expected quarterly earnings on Wednesday amid higher sales and margins in its security systems business.

Toronto moves to evict Occupy protesters

Toronto officials have told Occupy Toronto protesters they must leave their encampment in a downtown park or risk forcible removal, raising the possibility of a police-backed eviction similar to the one in New York's Zuccotti Park earlier on Tuesday.

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