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Eurozone inflation rises sharply to 1.7 percent: EU

A man is pictured shopping for fruit in a large supermarket in France in July 2009. Inflation in the 16-nation eurozone is expected to rise sharply to 1.7 percent in July, the EU forecast on Friday, although analysts saw no cause for alarm citing still-record unemployment. Photo:Eric Cabanis/AFPAFP - BRUSSELS (AFP) - Inflation in the 16-nation eurozone is expected to rise sharply to 1.7 percent in July, the EU forecast on Friday, although analysts saw no cause for alarm citing still-record unemployment.



Centerra posts profit on strong gold price
Reuters - TORONTO (Reuters) - Centerra Gold reported higher-than-expected quarterly earnings on Friday, as increased production and strong gold prices helped the miner return to profit after a loss the year earlier.
Economy disappoints with a 0.1 per cent advance in May, after flat April

Traders work at their desks in front of the the DAX board at the Frankfurt stock exchange July 5, 2010. REUTERS/Remote/Amanda AndersenThe Canadian Press - OTTAWA - Canada\'s economy crawled forward a disappointing 0.1 per cent in May, the second straight month that the country has underperformed expectations following a fast start early in the year.



Walt Disney Co. agrees to sell Miramax Films for $660M after 6-months of bidding

FILE - Disney corporate headquarters in Burbank, Calif., is seen in this Feb. 6, 2006 file photo. The New York Times and Los Angeles times report that Disney signed an agreement to sell Miramax Films for about $660 million late Thursday July 29, 2010with Filmyard Holding. The investor group is led by construction magnate Ronald Tutor (AP Photo/Reed Saxon, File)The Canadian Press - NEW YORK, N.Y. - The Walt Disney Co. said Friday that it agreed to sell its Miramax Films to an investor group for about $660 million, ending a 17-year association with the studio and a six-month bidding process.



Energy services and utilities company ATCO posts Q2 profit of $61.7M
The Canadian Press - CALGARY - Energy services and utilities company ATCO (TSX:ACO.X) reported Friday a $61.7-million profit in the second quarter, while its major subsidiary Canadian Utilities also turned in a profit of $76.2 million.
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