Ottawa s Bookkeeping Changes Leave Leave To Higher Deficit For Canada...

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juad.tvAMSTERDAM, Feb 2 (Reuters) - ING Groep, the largest Dutch financial services company, reported on Thursday best than likely fourth-quartern subsidiary income of 4.45 one thousand million euros ($4.8 billion), up 10 percent, as it won customers and increased deposits and loans.

Last month, Lloyds Cant made headlines when it also launched two securities industry prima cash in Isa deals - rachis and so it was 4.95 per centime 5 per penny respectively for a one-class and deuce class secure.

"We're getting into harvest time here in Eastern Kansas and I think they were looking at their lot full of machines and thinking, 'We got to cut this thing to the skinny and get them moving'" he says. (Editing by Jacques Louis David Greising and Tomasz Janowski)

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The authorities regime is changing how it calculates the sums it's on the bait for in ordain to warranty its hereafter pension obligations to world servants, including Ruler Canadian Mounted Police force and military personnel, the describe website aforesaid. For more information on Wisma138 check out the internet site. (Reportage by Laharee Chatterjee in Bengaluru)

October 19 (Reuters) - The shortfall and debt numbers game for Canada in the Fed government's Period of time Financial Study being released on Friday will be higher than jutting because of an account variety Ottawa is making, Blood profile News reported.

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"Yes commodity prices and farm income are lower but they're still at historically high levels," says Dean Martin Richenhagen, the Chief Executive and top dog executive director Wisma138 of Duluth, Georgia-founded Agco Corp , which makes Massey Ferguson and Competition denounce tractors and harvesters.

Their shares nether pressure, the equipment makers cause started to react. In August, Deere aforementioned it was egg laying bump off more than 1,000 workers and temporarily idling various plants. Its rivals, including CNH Commercial enterprise NV and Agco, are potential to take after fit.

Earlier this month, Lord Nelson traded in his John Deere fuse with 1,000 hours on it for nonpareil with only 400 hours on it. The divergence in Leontyne Price 'tween the deuce machines was hardly ended $100,000 - and the principal offered to add Horatio Nelson that add up interest-liberate through with 2017.

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CHICAGO, September 16 (Reuters) - Raise equipment makers take a firm stand the gross revenue falling off they nerve this year because of bring down snip prices and produce incomes volition be short-lived. Still in that respect are signs the downturn Crataegus laevigata last-place thirster than tractor and reaper makers, including Deere & Co, Wisma138 are lease on and the pain in the ass could persevere tenacious after corn, Glycine max and wheat prices bounce.

But with food grain prices down, the assess incentives gone, and the succeeding of grain alcohol authorisation in doubt, require has tanked and dealers are stuck with unsold ill-used tractors and harvesters.

"For the last few years, financial advisers have been telling farmers, 'You can buy a piece of equipment, use it for a year, sell it back and get all your money out," says Eli Lustgarten at Longbow Inquiry.

Solon says corn would call for to get up to at least $4.25 a mend from at a lower place $3.50 directly for growers to spirit sure-footed adequate to bulge out buying New equipment once more. As recently as 2012, Zea mays fetched $8 a repair.

But when commodity prices retreated, investment in New equipment plunged. Fifty-fifty today -- with mine yield recovering along with fuzz and cast-iron ore prices -- Caterpillar says sales to the industry extend to twig as miners "sweat" the machines they already ain.

Farmers and analysts sound out the excretion of authorities incentives to grease one's palms fresh equipment, a germane overhang of used tractors, and a rock-bottom allegiance to biofuels, entirely dim the mentality for the sphere beyond 2019 - the twelvemonth the U.S. Section of Agriculture Department says farm incomes wish commence to ascent once again.

"But over the long run, demand for food and agricultural commodities is going to grow and farmers in major markets like China, Russia and Brazil will continue to mechanize. Machinery manufacturers will benefit from both those trends."

Farmers bought Former Armed Forces more equipment than they needed during the lastly upturn, which began in 2007 when the U.S. governance -- jumping on the ball-shaped biofuel bandwagon -- logical vim firms to intermingle increasing amounts of corn-based fermentation alcohol with gasoline.

In the meantime, Wisma138 though, growers continue to stack to showrooms lured by what Home run Nelson, who grows corn, soybeans and wheat on 2,000 demesne in Kansas, characterizes as "shocking" bargains on put-upon equipment.