PARIS - France's economy should expand by 1.4 per cent this year, largely on growth in the services sector, after shrinking 2.5 per cent last year, the French national statistics agency says.
The Insee agency warned in its report Wednesday night...
BANGKOK - World stock markets retreated Thursday after the U.S. Federal Reserve struck a note of caution in its latest assessment of the world's No. 1 economy.
The central bank's statement, which accompanied a decision to leave interest rates at...
"We want to get these claims out quicker," he said a day earlier. "We want to get these claims out with more transparency."Feinberg is no stranger to disasters - he ran the claim fund for victims of the Sept. 11, 2001, terrorist attacks. He said...
SINGAPORE — World stock markets mostly fell Tuesday as renewed concern about Europe’s debt crisis overshadowed the initial enthusiasm over China’s decision to let its currency rise.
Investor sentiment was undermined after Fitch downgraded...
SINGAPORE — Oil prices fell to near US$77 a barrel Tuesday in Asia as investors mulled whether the global economy is strong enough to justify extending a four-week rally.
Benchmark crude for July delivery was down 57 cents to $77.25 a barrel...
OTTAWA — Statistics Canada says Canada’s annual inflation rate fell back to 1.4 per cent in May, down from 1.8 per cent in April.
The agency says energy prices were the key reason that prices moderated last month.
Overall, energy prices...
VANCOUVER — International labour organizers say they have a message for world leaders ahead of the G8 and G20 summits: things must change.
The International Trade Union Confederation, which began its world congress Monday in Vancouver, says...
AMSTERDAM, Netherlands — Aegon NV, the bailed-out Dutch insurer, said Tuesday it is looking to sell the life reinsurance arm of its U.S.-based subsidiary Transamerica and that it will restructure operations in Britain.
Transamerica...
BERLIN — German business confidence rose unexpectedly in June as the country’s economic recovery continued, though firms are growing more worried about what awaits in the next six months, a closely watched survey showed Tuesday.
The Ifo...
I doubt very much if Thow's victims will ever recover from this...9 years isn't enough.