TSX lower despite spike in oil prices, U.S. Fed cites improving conditions
December 14, 2011
The Toronto stock market was higher Tuesday as crude oil prices rose and traders took in positive data from Europe
Etihad buys 12 more Boeing jets in $2.8B deal
December 12, 2011
Fast-growing Gulf carrier Etihad Airways said Monday it is buying 10 more of Boeing’s new 787-9 planes, making it the largest airline customer for that […]
World stocks flat after after new EU treaty
December 10, 2011
World stocks were subdued Friday after most European Union leaders signed on to a treaty aimed at shoring up the euro as they worked to […]
Citigroup to cut 4,500 jobs, take $400M charge
December 7, 2011
Citigroup Inc. is eliminating 4,500 jobs in its latest effort to cut costs. The bank will take a $400 million charge in the fourth quarter […]
Obama urges public help pushing payroll tax cuts
December 4, 2011
President Barack Obama wants voters to get involved in the debate over extending the reduced payroll tax and he’s asking them to tell members of […]
Central banks move to stabilize financial system
December 1, 2011
The central banks of the wealthiest countries, trying to prevent a debt crisis in Europe from exploding into a global panic, swept in Wednesday to […]
business, technology - Comments closed
Meetings continue but supercommittee struggles
November 19, 2011
Republicans and Democrats on Congress’ deficit-reduction supercommittee have resumed face-to-face meetings after more than a week of backbiting and stalemate.
But the 12-member panel is still […]
China pessimistic about trade outlook
November 16, 2011
China’s government is pessimistic about its export outlook this year amid global economic turmoil, a Commerce Ministry spokesman said Wednesday.
Demand for Chinese goods is under […]
credit cards, marketing - Comments closed
Eurozone to boost bailout fund’s power
October 26, 2011
The 17-nation eurozone is set to shore up its bailout fund to contain the debt turmoil that threatens to engulf more countries across Europe, and […]