Australia's central bank raised its key cash rate by 25 basis points to 3.25 percent on Tuesday and heralded more to come, saying it was safe to row-back on stimulus now that the worst danger for the economy had passed.
Australia's central bank raised its key cash rate by 25 basis points to 3.25 percent on Tuesday and heralded more to come, saying it was safe to row-back on stimulus now that the worst danger for the economy had passed.
The Walt Disney Co and Universal studios unveiled changes at the top on Monday, as Hollywood's worst-performing major houses try to turn things around in a potentially record year at the box office.
Fertilizer maker Mosaic Co posted a 91 percent drop in fiscal first-quarter profit on Monday, but expressed optimism that farmers would increase fertilizer purchases in the near future.
Universal Pictures on Monday ousted Chairmen Marc Shmuger and David Linde after recent box office flops, including big-budget comedy Land of the Lost, replacing the pair with their marketing and production chiefs.
The United States is the most admired country globally thanks largely to the star power of President Barack Obama and his administration, according to a new poll.
TransAlta Corp said on Monday it has reached a deal to buy renewable energy producer Canadian Hydro Developers after raising its takeover offer to C$5.25 a share.
The Group of Seven rich nations urged China on Saturday to strengthen the yuan, but gave no sign of how it might overcome Chinese resistance to that suggestion or resolve other tensions over global currency rates.
The Group of Seven rich nations urged China on Saturday to strengthen the yuan, but gave no sign of how it might overcome Chinese resistance to that suggestion or resolve other tensions over global currency rates.
Financial officials of the Group of Seven rich nations, which dominated global policymaking for decades, were set Saturday to discuss a diminished future for their group as it grappled with tensions over currency rates.
The Group of Seven rich nations is expected to issue its customary call for stable exchange rates on Saturday, but do nothing more specific to address concern a weak dollar could hurt European exports.
Labor costs at Ford Motor Co (F.N) are about $16 an hour higher in Canada than in the United States, the Canadian Auto Workers confirmed on Friday, but union said it needs guarantees on production levels before it agrees to concessions to level the field.
Group of Seven financial ministers and central bank governors will likely discuss the economic and financial developments that are behind recent currency moves at their meeting this weekend, Bank of Japan Governor Masaaki Shirakawa said on Friday.
First Solar Inc's shares surged nearly 5 percent on Friday, buoyed by news the U.S. solar power company will join the flagship S&P 500 stock index and after it landed a buyer for a 20-megawatt solar power project in Canada.
American Airlines and fellow Oneworld alliance partners British Airways and Iberia face fresh European Union antitrust hurdles as they look to extend their pact to include coordinated schedules and prices.
Suncor Energy Incsaid on Friday it has revived plans for a C$120 million ($111 million) expansion of its Sarnia, Ontario, ethanol plant in another sign the chill in energy investments is easing.
American Airlines (AMR.N) and fellow Oneworld alliance partners British Airways (BAY.L) and Iberia (IBLA.MC) face fresh European Union antitrust hurdles as they look to extend their pact to include coordinated schedules and prices.
Ford Motor Co of Canada (F.N) bucked the trend in September, posting comfortably higher auto sales as the broader Canadian industry continued to slide.
A U.S. and Canada tour by Kanye West and Lady Gaga has been canceled with no reason given just weeks after the rap star came under public fire for humiliating country star Taylor Swift at an awards ceremony.
A pact to cooperate on schedules and prices between British Airways , American Airlines and Iberia may have violated EU antitrust rules, European Union antitrust regulators said on Friday.
Louis Meeks, a burly 59-year-old alfalfa farmer, fills a metal trough with water from his well and watches an oily sheen form on the surface which gives off a faint odor of paint.
Nortel Networks Corp said on Wednesday it plans to sell its global GSM business, as the bankrupt telecom equipment maker continues to auction off its assets.