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Siemens agrees to $7.6 billion deal to buy Dresser-Rand

Industrial conglomerate Siemens AG said on Monday it would buy U.S. oilfield equipment maker Dresser-Rand Group Inc. for $7.6 billion in a move that would significantly boost the German...

Posted on 9-22-2014 at 8:07 AM
Oliver to Europe: You must act on 'insipid growth'

Oliver to Europe: You must act on 'insipid growth'

A “triple-dip” recession in Italy and a feared deflationary spiral are pushing European woes back to the top of global policy makers’ worry-list.

Posted on 9-22-2014 at 8:02 AM

No fear of housing bubble: CMHC

Prices of some Canadian homes are certainly too high, but there is no immediate catastrophe looming for the country’s housing market, the head of Canada Mortgage and Housing Corp. suggested...

Posted on 9-22-2014 at 7:12 AM

Canada risks being left behind as green energy takes off

The shift to clean energy is producing huge economic gains, but Canada risks being left behind if the federal government doesn’t get on board, a new report warns.

Posted on 9-22-2014 at 6:58 AM

Morning Markets: Asian shares slip, dollar pulls away from highs

Asian shares skidded on Monday as investors awaited data this week that could provide more evidence of a slowdown in China, while the dollar gave back a little of its recent gains.

Posted on 9-22-2014 at 6:44 AM

Alibaba IPO ranks as world's biggest after additional shares sold

Alibaba Group Holding Ltd's initial public offering now ranks as the world's biggest in history at $25 billion, after the e-commerce giant and some of its shareholders sold additional...

Posted on 9-22-2014 at 6:28 AM

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