Harper Says Canada Approves Nexen, Progress Bids

Dec. 7 (Bloomberg) -- Canadian Prime Minister Stephen Harper speaks at a news conference in Ottawa about the government's approval of Cnooc Ltd.’s $15.1 billion takeover of Nexen Inc. and Petroliam Nasional Bhd.’s C$5.2 billion ($5.2 billion) takeover of Progress Energy Resources Corp. Harper said the two transactions are the end of a "trend" and the country will no longer allow state-owned companies to take over businesses in the nation’s oil sands, and will toughen requirements in other industries. (English and French. Source: Bloomberg)

Stock Selloff: What'd You Miss? (Full Show 02/08)
07:58 - Full episode of "What'd You Miss?" Guests: Russ Koesterich, BlackRock's global chief investment strategist, Peter Tchir, Brean Capital's head of macro strategy, Paul McNamara, GAM fund manager, and James Sweeney, chief economist at Credit Suisse. (Source: Bloomberg)
  • Why Canadian Miners Look Attractive to Global Buyers
  • Canadian Non-Bank Financials Are Our Biggest Short: Lloyd
  • JPMorgan: Gold Rally Breaks the Bullion Downtrend