Bundesbank’s Weber Said to Step Down, Ruling Out ECB - Bloomberg

Bundesbank President Axel Weber plans to step down later this year, a decision that would rule him out of the race to succeed Jean-Claude Trichet […]

New financial watchdog agency wants public input from get-go

NEW YORK

Magna to build big plant in Mexico

Magna International says it will invest more than $100 million to build a major auto parts stamping plant in central Mexico that will employ a […]

Natural gas prices fall on ample supplies

Natural gas prices fell Thursday as winter headed into its final months with plenty of gas still on hand across the country.
Natural gas futures for […]

EU Envoy Rehn Rebuffed on Debt-Crisis Fix as Merkel’s FDP Allies Hold Firm - Bloomberg

Chancellor Angela Merkel’s coalition partner rejected an appeal by the European Union’s top economic official to back more crisis-fighting measures, underlining the risks to government […]

Portuguese Bailout Will Make Euro Crisis Worse: Matthew Lynn - Bloomberg

New year, new crisis. No sooner had Europe’s bond traders, politicians and central bankers gotten back to their desks than it was time to begin […]

Unemployment rate falls to 9.4 percent, hiring up

The nation’s unemployment rate dropped to 9.4 percent last month, its lowest level in 19 months. That was because more people found jobs, but also […]

Strong commodities send TSX up

The Toronto stock market kicked off the new year in positive territory on the back of higher oil prices and a strong performance Monday in […]

Italy Business Confidence Rises to Almost 3-Year High on Outlook - Bloomberg

Italian business confidence rose for a third month to the highest in almost three years as executives shared consumers’ optimism about the economic recovery.
The […]

Web-savvy Canadians lead the world in time spent online

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