Canadians aim to pay mortgages sooner: Survey
June 23rd, 2011
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Both Missouri and Illinois suffered in the Great Recession. Now they’re falling behind in the recovery.
Economic growth was slower than average in both states in 2010, and is expected to stay that way for years to come, according to a pair of new reports out Tuesday.
The Commerce Department said that Missouri’s economy grew a little […]
Australia’s economy probably shrank last quarter by the most in two decades as floods inundated coal mines and farmland, a contraction the central bank sees as temporary before growth rebounds in the second half of the year.
First-quarter gross domestic product fell 1.1 percent from the previous three months, the biggest drop since Australia’s last […]
Shareholders of Rock-Tenn Co. and Smurfit-Stone Container Corp. on Friday approved a merger just a week after a judge ruled against Smurfit-Stone investors who had tried to block the $3.5 billion deal.
Stockholders of both companies approved the merger by overwhelming margins, the companies said.
Shareholders’ approval completed Rock-Tenn’s purchase of Smurfit-Stone, now a wholly owned subsidiary […]
The uprising against Syrian President Bashar Assad is eviscerating the country’s economy, threatening to hit hard at the business community and prosperous merchant classes, which the embattled regime relies on to help retain its grip on power.
About two months of violent protests around the country have shuttered businesses, driven away tourists and thrust Assad’s regime […]
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An official in Ivory Coast says the arrested strongman has been questioned for the first time over human rights abuses committed while he was in power.
Prosecutor Simplice Kouadio Koffi says Laurent Gbagbo was questioned Saturday by judicial officials and that his French lawyers were not present. He says Gbagbo’s French lawyers were turned away Friday […]
Luxembourg Prime Minister Jean-Claude Juncker, head of the group of euro-area finance ministers, said today that Greece’s financial assistance program “does need a further adjustment” that will be discussed at the group’s next meeting.
Juncker, speaking to reporters in Luxembourg said that EU officials are “excluding the restructuring option which is discussed heavily in certain […]
Markets in Japan and South Korea rose Monday amid holiday-thinned trading in Asia after U.S. stocks gained on positive earnings to round out their best month since the end of last year. The dollar rose and oil prices extended declines after news of the death of Osama bin Laden.
Japan’s Nikkei 225 gained 1.5 percent to […]
Spanish unemployment, the highest in Europe, rose in the first quarter as inflation accelerated, threatening to undermine the nation’s recovery from its worst recession in six decades.
Joblessness rose to 21.3 percent, the National Statistics Institute said today in Madrid, compared with 20.3 percent in the previous three months and a median forecast of 20.7 […]