The European Commission wants euro zone leaders to overcome German objections and back a bigger rescue fund to nudge the IMF into helping troubled European economies, the EU's top economic official said on Thursday.
Target Corp posted a higher-than-expected quarterly profit despite a holiday season marked by heavy discounting, while Kohl's Corp , hit by shoppers' resistance to higher prices, issued a 2012 profit that missed Wall Street forecasts.
The European Commission wants euro zone leaders to agree to a bigger rescue fund to nudge the IMF into backing debt-stricken European economies, despite German resistance to boosting it, the EU's top economic official said on Thursday.
Target Corp posted a higher adjusted quarterly profit as the retailer's sales rose during the holiday season.
South Korea's top Internet provider, KT Corp plans to charge data-heavy content providers such as Google's Youtube and Internet-enabled TV service operators to subsidize costly network upgrades, a KT executive said on Thursday.
The United States said on Wednesday it was still considering whether to support Japan's bid to join talks on a trans-Pacific regional free trade agreement, three months after Tokyo announced interest in the negotiations.
TSN Darren Dreger reports that the San Jose Sharks are serious contenders for the Blue Jackets star wing.
Iamgold received on Wednesday $825.6 million in credit to fuel the expansion of its Niobec mine.
Several companies are in talks with Canadian scientists on commercializing a new method to produce a crucial medical isotope without using feedstock from a nuclear reactor, one of the lead scientists said on Tuesday.
Canadian miner Novagold said on Wednesday it has begun the process of trying to sell its 50 percent stake in the Galore Creek copper-gold project in British Columbia so that it can focus fully on its flagship Donlin gold project in Alaska.
BlackBerry PlayBook was written off for losing grip on the tablet market. But that may not be true anymore. The new PlayBook OS 2.0 announced on February 21, has some astonishing features and it’s going to help RIM tighten its grip on the tablet market.
The climbing oil prices could undermine the U.S. economic recovery and it is an extremely disturbing report for President Barack Obama as it could hurt his re-election chances.
In a strange mix-up, Hillary Clinton stuck out at a meeting of the G20 foreign affairs ministers in Los Cabos, Mexico this week. While the 30 other foreign secretaries and ministers wore crisp white shirts, Clinton stuck out sporting a lime green blouse. The informal meeting marked the first time the G20 Ministers of Foreign Affairs assembled together. The G20 members gathered in Mexico to discuss among other issues food security, sustainable development and the growing international economy.
Gas prices have risen to above $4 per gallon in many parts of the country, but compared to other countries, it's actually a rather low figure.
The good news for U.S. drivers is that unless a world-wide catastrophic event, like war breaking out between Iran and Israel, takes place soon, the $5 figure will not be hit in the near future, according to AAA.
The number of working rigs for drilling oil is on the rise in North America, according to the latest figures released by Baker Hughes.
Thousands of young Portuguese have migrated to Mozambique in recent years – reportedly as many as 120,000 in 2011 alone.
Agnico-Eagle Mines Ltd. gained permission to build a key $21 million roadway in northern Canada that is part of its plan to develop its Meliadine gold project, the Toronto-based company said Tuesday.
Republican presidential candidate Ron Paul criticized the government ban on the cultivation of industrial hemp at a North Dakota campaign. Paul said to a group of more than 300 people in James Town that free- market approach is ideal for protecting environment according to an AP report.
The U.S. State department issued a new 2012 travel warning and map for visitors to Mexico earlier this month. Alarming as some of the figures may be, there are still plenty of spectacular spots across Mexico that are not to be written of over safety concerns.
The European Central Bank would support the euro zone boosting its firewall by combining what remains in its temporary bailout facility with its permanent fund, ECB board member Joerg Asmussen was cited as saying by a German business daily.
In the latest in a string of asset sales, Canada's Encana Corp. will sell a 40 percent stake in British Columbia natural-gas assets to Japan's Mitsubishi Corp. in a C$2.9 billion ($2.9 billion) deal that will help the energy company strengthen a balance sheet weakened by low gas prices.
