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Central bankers eyeing whether Libor needs scrapping


Central bankers and regulators will hold talks in September on whether the troubled global Libor interest rate can be reformed or whether it is so damaged that the benchmark of borrowing costs should be scrapped.

Teen discovers tree pulp is anti-ageing

A Singapore-born teenager who recently moved to Canada won a national science award on Tuesday for her groundbreaking work on the anti-ageing properties of tree pulp, officials said.

Canadian prisoners to pay more for room, phone calls

Canadian prisoners will be paying more for room and board next year, Canada's tough-on-crime Public Safety Minister Vic Toews said on Wednesday.

Offenders serving two or more years behind bars now pa

Canada to appeal court ruling allowing brothels

Canada's justice minister said on Wednesday the government will appeal a landmark court ruling last month that quashed portions of a law banning brothels and living off the avails of prostitution.


Norway wants Amundsen’s ship back

A hearing on Thursday in Canada could determine the fate of plans to repatriate Norwegian explorer Roald Amun-dsen’s three-mast ship Maud from the Arctic.

Netanyahu says he won't set 'red lines' for action on Iran


Israel's Prime Minister Benjamin Netanyahu said on Friday he will not set ‘red lines’ for military action against Iran, insisting he wanted to preserve the Jewish state's freedom to maneuver.

"I have

Wallenda to tightrope walk over Niagara Falls


A daredevil will become the first in more than a century to attempt to cross the gorge at Niagara Falls on a tightrope, after the Niagara Parks Commission on Wednesday authorized the stunt.

The Canad

Canada formally withdraws from Kyoto Protocol

Canada on Monday became the first country to formally withdraw from the Kyoto Protocol, saying the pact on cutting carbon emissions was preventing the world from effectively tackling climate change.

Canadian doctors see face in testicle


Doctors in Canada saw a divine face in the testes of a man admitted to a hospital with severe pain and an inflamed scrotum, a scientific journal article said on Wednesday.

Or at least, that is one po

Canada to add word ‘royal’ to navy, air force

In a bid to embrace its traditional roots, Canada will restore the ‘royal’ label to its navy and air force on Tuesday.

The move to return the titles was given a go ahead by Canadian Prime Minister, S

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I want to begin with a little story that was told to me by a leading executive at Aptech. He was exercising in a gym with a lot of younger people.

Shekhar Kapur’s Bandit Queen didn’t make the cut. Neither did Shaji Karun’s Piravi, which bagged 31 international awards.