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Gold helps lift TSX as euro deal optimism fades

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Canadian stocks edged higher in early action on Friday, led by a rise in shares of gold and base metal miners, even as fading optimism over a European debt deal weighed on the broader market.
Ollanta Moisés Humala

Peru Aims to Broker Union-Newmont Mining Talks

Peru's government will broker talks on Friday between townspeople and U.S.-based miner Newmont in a bid to solve a conflict over the planned $4.8 billion Minas Conga gold mine, officials said.
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A banner showing a Euro coin is seen on the facade of the European Commission headquarters

How to Play it: Riding Europe's Volatility

Even as details emerge about a Eurozone deal that would see banks and insurers accept bigger losses on Greek bonds and boost the region's bailout fund, setting up for what could happen across the Atlantic won't be easy for investors.
German Chancellor Angela Merkel does not support an inflationary Eurozone policy to ease the pain of austerity in periphery members

European Shares Stay Upbeat on EU Deal Euphoria

European shares extended the previous session's rally Friday, with investors still buoyant over a deal struck by euro zone leaders early Thursday to help end the bloc's two-year-old debt crisis.
Klaus Regling, CEO of the European Financial Stability Facility, speaks during a conference in Lisbon about the future of the Euro

Europe Bailout Fund Chief Sees No Quick China Deal

The head of Europe's bailout fund said Friday he does not expect to reach a conclusive deal with Chinese leaders during a visit to Beijing but expects the surplus-rich country to continue buying bonds issued by the fund.
A trader works on the floor of the New York Stock Exchange

U.S. Stock Futures Signal Lower Open After Rally

Stock index futures pointed to a weaker open for equities on Friday after strong gains in the previous session, with futures for the S&P 500, the Dow Jones and the Nasdaq 100 down 0.4 to 0.5 percent.
CEO of the European Financial Stability Facility Regling attends a news conference in Frankfurt

Europe Bailout Fund Comes Calling on Beijing

The head of Europe's bailout fund said Friday he does not expect to reach a conclusive deal with Chinese leaders during a visit to Beijing but expects the surplus-rich country to continue buying bonds issued by the fund.
Oegussa plant gold

AngloGold Ashanti Now Paying 30% Tax to Tanzania

Africa's biggest gold miner AngloGold Ashanti has started paying 30 percent corporate tax to the Tanzanian government this year for its Geita mine, in line with the east African country's new mining policy.
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Wall Street rallies on euro zone deal

Stocks rallied in early trading on Thursday after European leaders agreed to boost the region's bailout fund and struck a deal with banks and insurers to accept 50 percent losses on Greek bonds.
Olympus's logo is seen through its waterproof housing at an electronics shop in Tokyo

Records Raise Olympus Conflict of Interest Question

U.S. patent records point to a possible conflict of interest in an Olympus investment in a cookware company, raising more questions for investors demanding a full explanation from the Japanese company of acquisitions that made heavy losses.
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NYSE Invokes Volatility Rule for Open

The New York Stock Exchange and NYSE Amex Cash Markets invoked Rule 48 on Thursday after European leaders agreed to boost the region's bailout fund and struck a deal with private banks and insurers to accept 50 percent losses on Greek bonds.
Unleaded gas price is displayed at JJ's Express Gas Plus station in Phoenix gas station in Phoenix

Consumers, Businesses Pump up U.S. Q3 Growth

U.S. economic growth increased at its fastest in a year in the third quarter as consumers and businesses set aside fears about the recovery and stepped up spending, creating momentum that could carry into the final three months of the year.
A trader works on the floor of the New York Stock Exchange

Stock Futures Rally on Eurozone Deal

Stock index futures rose sharply on Thursday after European leaders agreed to boost the region's bailout fund and struck a deal with private banks and insurers to accept 50 percent losses on Greek bonds.
Unleaded gas price is displayed at JJ's Express Gas Plus station in Phoenix gas station in Phoenix

Consumers, Businesses to Pump up 3Q Growth

Economic growth likely gathered steam in the third quarter as consumers and businesses set aside fears and stepped up spending, creating momentum that is expected to carry into the final three months of the year.
A trader works on the floor of the New York Stock Exchange

U.S. Stock Index Futures Point Higher

Stock index futures pointed to a higher open on Wall Street on Thursday, with futures for the S&P 500, Dow Jones futures and Nasdaq 100 futures rising 1.5 to 1.8 percent at 5:05 a.m. EDT.
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EU Crisis Deal Lifts Stocks, Euro to 2-Month High

World stocks and the euro rose to their highest levels in nearly two months on Thursday after European leaders struck a deal to resolve a two-year-old sovereign debt crisis, which threatens the survival of the single currency.
Luxembourg's Prime Minister Juncker France's President Sarkozy and Germany's Chancellor Merkel attend an European Union summit in Brussels

Stocks, Euro Hit 2-Month High after European Debt Deal

World stocks and the euro rose to their highest levels in nearly two months on Thursday after European leaders struck a deal to resolve a two-year-old sovereign debt crisis, which threatens the survival of the single currency.

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