PRESS DIGEST - Canada - Nov 21
Nov 21 (Reuters) - The following are top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.
THE GLOBE AND MAIL:
- Hassan Diab, the author of the 1980 bombing of a synagogue, paraded in the streets of Paris with two fake Cypriot passports, and carried a stack of $100 U.S. bills to pay for the material used in his deadly deed, according to French police records released Thursday.
Report on Business Section:
- Wall Street Journal reports Citigroup (C.N), the second-largest U.S. bank by assets, considering sale of all or part of company.
NATIONAL POST:
- Somali pirates who hijacked a Saudi oil super-tanker demanded a $25-million ransom Thursday amid calls for tougher action to end threats to one of the world's key maritime routes.
- Obama is on track to nominate his former rival, New York Senator Hillary Clinton, to the job of Secretary of State, one Democratic Party official told Reuters.
Financial Post Section:
- North American equity markets plummeted Thursday, breaking through important levels watched by investors and prompting experts to warn things may get even worse if these new lows do not hold up.
- Executives with Detroit's cash-strapped automakers flew to Washington this week looking for a taxpayer-funded rescue package to weather the worst sales market since the end of the Second World War.
- Ed Clark is battening down the hatches at TD Bank Financial Group (TD.TO), chucking business units overboard and cutting bonuses after being caught out by a storm in credit markets that continued to wreak havoc on the financial system on Thursday.
