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ECB Must End Moody’s Veto on Greek Debt, Goldman Says

December 21, 2009

The European Central Bank should revise its collateral rules after a series of rating downgrades left Moody’s Investors Service holding a veto over Greece’s […]

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Best Brazil Holiday Sales Since 2001 Buoy Renner

December 15, 2009

Brazilian store owners expect the best holiday sales in eight years as government tax cuts and a revival in consumer finance bolster demand.
Sales […]

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China is growing rapidly as a consumer market

December 14, 2009

GUANGZHOU, China — For the first time, Chinese will buy more cars this year than Americans.
And China’s voracious demand is not just for […]

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Flying over the holidays? Expect to be crowded

December 12, 2009

Passengers will still be packed like sardines into planes this holiday season, despite projections for less-crowded skies.
On Thursday, the Air Transport Association of America […]

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Dialing for dollars

December 11, 2009

Ask Canadians about cellphone plans and be prepared to hear some four letter words.
Two four letter words, actually: love and hate. As in, we love […]

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AIG closes debt for equity deal with NY Fed

December 2, 2009

Insurance giant American International Group Inc (AIG) said on Tuesday it had closed two transactions that reduce its debt with the Federal Reserve Bank […]

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Bruised Lloyds gets OK for record cash call

November 26, 2009

UK bank Lloyds’ army of small investors grilled executives for over three hours on Thursday over secret central bank loans and mistakes made during […]

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Hamilton: Why media tell climate story poorly

November 25, 2009

I apologize on behalf of my profession.
If it’s true that Canadians and Americans have become less concerned about the potential impact of climate change, and […]

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UAW members reject labor deal with Ford

November 5, 2009

The United Auto Workers union overwhelmingly rejected additional modifications to a 2007 labor agreement with Ford Motor that would have granted the auto company […]

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Posen May Support More BOE Asset Purchases, Sunday Times Says

October 19, 2009

Bank of England policy maker Adam Posen may back an extension of the bank’s asset purchase program from the current 175 billion pounds ($286 […]

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