Market bets on steep rate cut as Fed meeting begins
October 28, 2008
The U.S. Federal Reserve began a two-day meeting on Tuesday that is widely expected to lead to a cut in interest rates of at […]
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Monthly Archive October, 2008
Wachovia’s loss helps Wells Fargo deal
NEW YORK — How could a $24 billion loss possibly be good news? When it comes from Wachovia as an effort to primp itself […]
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Skilled trade workers increase in Canada
October 26, 2008
OTTAWA–More than a million Canadians worked in skilled trades in 2007, where employment growth has been a steady 2.2 per cent annually since the […]
economics - Comments closed
Automakers fear bleak 2009 as demand plunges
October 24, 2008
Daimler (DAIGn.DE: Quote, Profile, Research, Stock Buzz), Hyundai Motor (005380.KS: Quote, Profile, Research, Stock Buzz) and Fiat (FIA.MI: Quote, Profile, Research, Stock Buzz) added […]
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Fed launches new plan to help money market funds
October 22, 2008
The U.S. Federal Reserve on Tuesday launched a new program to fund purchases of $600 billion worth of money market mutual fund assets in […]
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Fearful consumers reining in spending
October 21, 2008
Canadian consumer confidence took a nosedive this month, especially in Ontario, amid continuing economic uncertainty, sparking fears that shoppers are already reining in their spending.
Consumer […]
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Australia’s Rudd unveils $7.3 billion stimulus plan
October 15, 2008
The Australian government unveiled an emergency A$10.4 billion ($7.3 billion) stimulus package on Tuesday to guard the economy from a global slowdown and boost […]
Bank urged to follow U.S. funding lead
October 12, 2008
The Bank of Canada would be wise to take a page out of the U.S. Federal Reserve’s playbook by creating a provisional funding facility for […]
marketing - Comments closed
InBev taps Dave Peacock to lead Anheuser-Busch
October 11, 2008
Belgian brewer InBev NV has tapped two key executives to head its North American leadership team after it completes its $52 billion buyout of […]
technology - Comments closed
What China can do to ease global storm
October 9, 2008
China, the world’s biggest holder of currency reserves, may yet play an important part in calming a global financial storm from which it is […]
technology - Comments closed