Business torrents

With European banks getting propped up almost daily, unimaginable U.S. bank and insurance failures and growing economic uncertainty, Canadian bank investors have a back […]

DUBAI, United Arab Emirates–It’s the latest word in Persian Gulf excess: a $1.5 billion (U.S.) resort boasting a $25,000-a-night suite and dolphins flown in […]

TORONTO – The Ontario Securities Commission has followed the U.S. Securities and Exchange Commission in easing last week's ban on short-selling of financial-industry stocks […]

BANFF, Alta.– The way Daniel Yergin sees it, the high-stakes debate over energy security in the U.S. presidential campaign has ignored one of the […]

Schering-Plough Corp. says it will cut 1,000 sales jobs as part of broader cuts in a move to reduce costs and reposition itself in […]

How much stock-market risk can you stomach?
There’s a tendency to overestimate your risk tolerance when stocks are going up.
But after an earth-shaking week when stocks […]

MOSCOW – Russia's financial markets closed up by more than 20 per cent today after a volatile session that saw trading suspended twice as […]

Governments on both sides of the Atlantic took radical steps to restore confidence in battered financial markets on Thursday, as the United States proposed […]

MOSCOW–Spreading fallout from the American credit crisis has put the Kremlin into scramble mode.
The banking system is suddenly short of cash, which prompted Russia’s […]

NEW YORK – Oil prices extended their steep losses today, tumbling below US$92 a barrel as a worsening economy suggested U.S. energy demand will […]