Three of Canada’s large newspaper publishers are pulling out of the Audit Bureau of Circulations, a 94-year-old organization that measures newspaper circulation to help advertisers decide where to place their money.
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Big Blue reported higher-than-expected quarterly earnings Wednesday despite a weakening U.S. economy, helped by strong revenue from technology services and consulting, sending its shares higher.
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AMR Corp., parent of the largest U.S. airline, reported a first-quarter loss Wednesday as the company grappled with the soaring fuel prices that have walloped the industry overall.
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Light crude surged to new highs Wednesday, piercing US$115 a barrel as the dollar crashed to new lows and U.S. inventories fell sharply as the world’s top consumer gears up for the summer driving season.
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The request is contained in a brief submitted to Transport Canada in March as part of the federal government’s consultations on proposed national fuel-consumption rules for motor vehicles. It comes as Canadian drivers face near-record prices at the pumps and oil and gasoline futures trade at levels never before seen.
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Who knew Yahoo! Chief Executive Jerry Yang had it in him? Two months after Microsoft took its effort to snare Yahoo! public–unveiling a more than US$40-billion offer for the struggling Web portal–Yang has put the company he co-founded at the center of a host of takeover scenarios.
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The Toronto Stock Exchange’s main index closed at its highest level in more than five months on Wednesday, buoyed by rising resources and big gains by fertilizer companies after a surge in the price of potash exports to China.
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The loonie shot higher against a weaker U.S. dollar on Wednesday and even came close to hitting parity for the first time in nearly a month, amid lofty commodity prices and rallying equity markets.
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A new report by Goldman Sachs suggests the United States is going through a garden variety housing downturn that will involve a sharp slowing in overall economic growth and a sluggish recovery that equity markets will nevertheless sniff out well ahead of time.
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Calgary HeraldNorth Korea food crisis, with rice at 450 bahtBangkok Post, Thailand - 13 hours ago"The food security situation in the DPRK is clearly bad and getting worse," said Tony Banbury, the agency's regional director for Asia, referring to North …North Korea Faces Food Crisis, UN Agency Warns (Update1) BloombergUN Predicts Food Crisis in North Korea Washington PostNorth Korea Faces Food Crisis, UN Agency Warns (Update2) BloombergInternational Herald Tribune - PRESS TVall 117 news articles
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