Most interesting finance and busines news.
Economy Minister Luis de Guindos said Spain is sticking to its deficit goal even as the economy shrinks, underlining a rift in the month-old Cabinet over whether the nation can halve its shortfall during a recession.
De Guindos said the government
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Torstar Corp., publisher of the Toronto Star, reported higher revenues in its third quarter despite the challenging economy, the company said.
Revenue was $378.7 million for the three months ended Sept. 30, up $25 million from the year-earlier quarter, Torstar said Wednesday.
Earnings before interest, taxes, depreciation and amortization, commonly known as EBITDA, for the third […]
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They were once said to be like father and son, vacationing, signing deals, and socializing at the Kremlin together. But these days two of Russia’s richest men can’t stand each other _ and they’re trading insults in a spectacularly expensive public feud.
At more than $6.5 billion, the lawsuit brought by Russian tycoon Boris Berezovsky against […]
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It looks like a rock festival the morning after, a tangle of tattered sleeping bags. But the demonstrators taking part in the three-week-old protest against Wall Street have created a functioning city within the city, a small, working democracy.
There are task forces in charge of food, security, first aid, sanitation, legal help and Internet access. […]
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Investors on Wall Street and around the world sold stocks with abandon Thursday, more convinced than ever that the United States and perhaps the globe are headed for a new recession.
The Dow Jones industrial average fell as much as 527 points, the second consecutive rout in the stock market since the Federal Reserve announced a […]
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A key federal report goes further than other investigations and puts ultimate responsibility on BP for the worst offshore oil spill in U.S. history and the deaths of 11 rig workers, especially regarding the cement seal that was put in place the day before the explosion that triggered the spill.
The report, released Wednesday, said in […]
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An Alberta couple who entrusted Canada Post to deliver important legal documents to sell their home in Ontario won’t do that again.
That’s because their package, guaranteed to be delivered within two days, got lost for more than a week and put the sale of the house, five months on the market, in jeopardy.
This case comes […]
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Shares on the Athens Stock Exchange are plunging, with the general price index down 4.8 percent at levels not seen since the mid 1990s.
The general index stood at 1,011.70 as global stock markets continued their recent slide following Friday’s downgrade of U.S. debt by Standard & Poor’s.
Debt-ridden Greece became the first European Union country to […]
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House Speaker John Boehner hastily rewrote his stalled emergency debt-limit bill yet again Friday as Senate Democratic leader Harry Reid signaled he’s ready to push ahead with his own version. President Barack Obama declared “we’re almost out of time” in a wrenching political standoff that has heightened fears of a market-rattling government default.
“The power to […]
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