RBS Coutts sees staff exodus in Singapore

More than a quarter of the staff at the Singapore office of private bank RBS Coutts have quit in a mass resignation and some […]

Latvia Will Seek Agreement to Appease Bailout Donors

Latvia will seek to strike a last- minute agreement on budget cuts today to satisfy bailout terms in the latest round of brinkmanship that […]

Retailers try to break deep discount habit

U.S. retailers that pushed deep, margin-sapping discounts in 2008 to try to lure holiday shoppers during the recession are going to try to break […]

Marriott sees pricing pressures persisting in 2010

Marriott International posted a lower quarterly profit on Thursday and said pricing pressures would continue to erode margins next year, sending its shares down […]

German Factory Orders Increased More Than Forecast in August

German factory orders rose more than economists forecast in August, indicating that economic growth continued to accelerate in the third quarter.
Orders, adjusted for […]

Microsoft needs to look beyond Mobile 6.5

Microsoft Corp needs to quickly follow its Windows Mobile 6.5 launch with a more competitive cell phone system or risk losing out to iPhone, […]

Fidelity Magellan dials up on growth, bounces back

In the 1980s, when stocks mostly surged, a few mutual fund managers became the equivalent of rock stars.
Tops among them: Peter Lynch, who […]

TSX falls as more U.S. jobs lost

The Toronto stock market closed lower today and racked up its second weekly loss in a row as a string of disappointing economic data […]

U.S. spending surges, manufacturing misses forecasts

U.S. consumer spending rose at its fastest in nearly 8 years in August, but a persistently weak labor market and below-forecast expansion in manufacturing […]

U.S. GDP shrinks at a smaller 0.7 percent rate in Q2

The U.S. economy contracted at slower pace than previously thought in the second quarter as improved consumer and business spending cushioned the impact of […]