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STOCKHOLM–Swedish luxury carmaker Koenigsegg and Norwegian investors have signed a preliminary deal to buy General Motors’ unit Saab, Swedish television reported on Thursday, citing […]
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After just a few months of relief at the pump, cheap gasoline is disappearing.
Gas prices have risen 41 days in a row, to […]
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Canada’s biggest banks are hiking key mortgage rates at time when the bond market is worried about risk and the longer-term threat of inflation.
Royal Bank […]
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The global financial crisis has tarnished the dollar and will prompt reserve managers to diversify, but the U.S. currency will retain its dominant international […]
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In another sign that the recession is hurting the technology sector, Internet search engine Yahoo Inc. said Thursday that it will forgo annual salary […]
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The U.S. Treasury Department’s appeal on Friday for the final $350 billion of a market bailout fund could finally push administration officials to finance […]
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Royal Bank of Scotland, Man Group and Nomura on Monday joined a growing list of financial groups acknowledging exposure to the alleged $50 billion […]
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MONTREAL – There’s renewed optimism that the takeover of Bell Canada by a group led by the Ontario Teachers Pension Plan will go ahead.
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The U.S. Federal Reserve and the European Central Bank will not cut interest rates this year to calm wild markets but may be forced […]
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United Airlines is asking a federal judge to stop four of its pilots and the Air Line Pilots Association from what the airline says […]
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