CANADA STOCKS-Index flat; Nexen, Progress fall ahead of news from Ottawa
TORONTO, Dec 7 (Reuters) - Canada's benchmark stock index ended slightly higher on Friday despite a late stumble in shares of Nexen Inc and Progress Energy Resources Corp ahead of a government announcement expected to determine whether they can be acquired by foreign state-owned enterprises. The Toronto Stock Exchange's S&P/TSX composite index closed 8.64 points, or 0.07 percent, higher at 12,159.77. It notched a 0.65 percent decline on the week.
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DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.