Inflation in the euro zone has fallen to a three-year low and unemployment hit a new record, cementing expectations of an interest rate cut by the European Central Bank later this week. Robin Emmott, Reuters Posted on 4-30-2013 at 7:14 AM
Thomson Reuters Corp. reported a seven-percent decline in first-quarter operating profit on Tuesday because of severance costs and a decrease in revenue at its Financial... Jennifer Saba, Reuters Posted on 4-30-2013 at 8:37 AM
BHP Billiton Ltd. has agreed to sell its Pinto Valley copper mine and a railroad in Arizona to Capstone Mining Corp. for $650 million US, reaping far more than expected as the top global... Reuters Posted on 4-29-2013 at 8:50 AM
Retailers controlled by Canada's Weston family are moving to compensate victims of a deadly building collapse in Bangladesh as reactions to the tragedy goad companies to take greater... Marina Strauss, Richard Blackwell, and Pinaki Roy, The Globe and Mail Posted on 4-29-2013 at 2:51 PM
Carmaker Fiat'sfirst quarter profit slumped more than expected as its U.S. unit Chrysler's sales suffered from the phase out of the Jeep Liberty pending a new model launch. Bernie Woodall and Jennifer Clark, Reuters Posted on 4-29-2013 at 1:59 PM
The European Central Bank is likely to cut the main euro zone interest rate at its monthly meeting on Thursday as the bloc's economy has weakened further. Reuters Posted on 4-29-2013 at 10:58 AM
Confidence in the euro zone's economy fell further in April, data showed, strengthening the case for a cut in interest rates this week by the European Central Bank. Robin Emmott, Reuters Posted on 4-29-2013 at 7:24 AM
Austerity is having a devastating effect on health in Europe and North America, driving suicide, depression and infectious diseases and reducing access to medicines and care, researchers... Kate Kelland, Reuters Posted on 4-29-2013 at 1:20 PM