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Euro zone downturn points to deeper recession

The euro zone's business downturn dragged on in April, suggesting the region may be falling deeper into recession this quarter, business surveys showed on Monday.
Jonathan Cable, Reuters
Posted on 5-06-2013 at 7:23 AM

U.S. Treasury to begin selling remaining GM stake

The Treasury Department said on Monday it will begin another round of sales of the General Motors Co stock it acquired during the government's bailout of the U.S. auto sector.
Pedro Nicolaci da Costa and Bernie Woodall, Reuters
Posted on 5-06-2013 at 2:00 PM

Letta says Italy can boost growth without increasing debt

Italy can stage an economic recovery without increasing its huge public debt, Prime Minister Enrico Letta said on Monday ahead of a meeting with his Spanish counterpart where he hoped to...
Gavin Jones, Reuters
Posted on 5-06-2013 at 8:21 AM

China services growth slows sharply, adds to recovery risk

Growth in China's services sector slowed sharply in April to its lowest point since August 2011, a private sector survey showed on Monday -- fresh evidence of rising risks to a revival in...
Reuters
Posted on 5-06-2013 at 8:13 AM

Charles St-Arnaud, Economist & FX Strategist, Nomura

Surprise BoC chief ready to nurture economy

Ottawa tapped an outsider on Thursday to head its central bank, bringing in the well-respected head of the Canadian export credit agency, who immediately stressed the need to nurture a...
Louise Egan and Randall Palmer, Reuters
Posted on 5-03-2013 at 7:09 AM

Next Bank of Canada Governor Stephen Poloz

Stephen Poloz: Canada's export expert

Headline's Howard Green sat down with the next Bank of Canada Governor Stephen Poloz last September for a feature interview. Poloz, who was CEO of Export Development Canada, said the...
Michelle DaCruz, BNN.ca
Posted on 5-03-2013 at 10:19 AM

Berkshire's Munger says takeover prices too high

Warren Buffett's Berkshire Hathaway Inc would be "stark raving mad" to rule out another giant acquisition like its 2009 Burlington Northern takeover, but high prices have made attractive...
Jennifer Ablan and Jonathan Stempel, Reuters
Posted on 5-03-2013 at 2:26 PM

Special Report: How textile kings weave a hold on Bangladesh

ANALYSIS: Bangladesh's garment boom has made Mohammad Fazlul Azim a wealthy man. Over three decades his empire has grown from a single factory to a string of plants that employ 26,000...
John Chalmers, Reuters
Posted on 5-03-2013 at 2:20 PM