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Harper Foes Who Laud Obama Might Clash With Him Once in Power

December 30, 2008

Canada’s opposition leaders portray themselves as soul-mates of U.S. President-elect Barack Obama. Should they succeed in ousting Prime Minister Stephen Harper next month, Obama […]

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Consumer confidence falls to 25-year low

November 27, 2008

OTTAWA–One of the last pillars of Canada’s economic foundations may be crumbling as the latest survey shows consumer confidence eroding to a new quarter-century […]

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Uncertainty at banks may spur job cuts

November 20, 2008

Canadian banks are poised to follow in the footsteps of their American peers by announcing more job cuts when they report "bleak" fourth-quarter results starting […]

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BoE signals UK rate cuts, unemployment rises sharply

November 14, 2008

British interest rates will probably fall further, the Bank of England signaled on Wednesday, with the economy already sliding into recession and unemployment recording […]

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MUFG, Mizuho slash profit forecasts on market turmoil

November 1, 2008

Japan’s two-largest banks, Mitsubishi UFJ Financial Group and Mizuho Financial Group, cut their earnings outlooks by more than half on Friday, hit by growing […]

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Determined M&A hunters will prosper in 2009

October 29, 2008

The pace of mergers and acquisitions in Europe will slow next year, but there are still plenty of deals to be done, particularly in […]

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TSX surges on energy gains, rising oil prices

October 21, 2008

The Toronto stock market surged almost 300 points yesterday, led by big gains in energy stocks after oil prices turned around following steep losses in […]

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Umbra caught in ‘perfect storm’

October 6, 2008

A Canadian leader in contemporary affordable design for the home says it had to take aggressive action this year to address rising costs and slumping […]

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Roller-coaster week tests small traders

September 20, 2008

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 […]

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Russia takes emergency measures

September 18, 2008

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 […]

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