Financial rescue plan fails to halt slide on U.S. markets
Cuts to be largely achieved through hiring freeze, Holland says
North American stock markets tumbled on Tuesday amid disappointing corporate earnings reports and a plunge in commodity prices.The S&P/TSX composite index dropped 264.8 points, or 2.73% to close at 9,424.00.Stocks of energy companies fell sharply as oil futures closed below US$60. Crude for December delivery fell US$3.08, or 4.9%, to close at US$59.33 a barrel […]
Firm has fared very well given market conditions, CEO says
Market cap of Middle East and North Africa region comparable to that of India, manager says
Lower gasoline prices means consumer have more cash in their wallets
Given the rocky markets, HISAs may take a bigger role in management of clients’ cash
Bank pays $35.8 million for 12.5% interest
Weak earnings and economic worries drag down Dow
Lack of optimism is likely to continue driving down investment levels among firms