Canadian beef crisis deepens as U S bans persist
The mad cow scare hurts Canadian ranchers and foreign markets. Canada faces a prolonged U S ban with exporters losing billions as demand collapses and inventories rise. Authorities trace the U S case to a Mabton Washington farm, while genetic tests link the cow to Canada. Alberta holds over half of Canada’s cattle.
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United States
Canada
Pincher Creek
Canada Beef Exporter Federation
U.S
Mabton
Wash
U.S. Agriculture Department
Alberta
Saskatchewan
Barrhead
Lego faces record loss amid restructuring push
Denmark's Lego warns of a 237.6 million dollar pre tax loss the worst in its 72 year history. The company also says it may lay off staff from its 8000 global workforce and has fired executive VP and CFO Paul Plougmann. Kjeld Kirk Kristiansen says results were not as hoped while expanding electronic offerings and licenses with Disney Star Wars and Harry Potter.
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Copenhagen
Denmark
Lego
Paul Plougmann
United States
California
U.S
Kjeld Kirk Kristiansen
Plougmann
Queen Mary 2 christened at royal function
Queen Elizabeth II christened the Queen Mary 2 in Southampton amid rain. The $880 million liner was launched in a ceremony before 2,000 guests with military bands, a pop singer, and an operatic version of Amazing Grace. The rite included a champagne bottle breaking and a blessing for victims of a St Nazaire gangway collapse.
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Southampton
England
Prince Philip
Michael Scott-Joynt
Winchester
St. Nazaire
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