Report: Google mulling role in possible Yahoo bid

Google is exploring the possibility of helping to finance a possible deal by others to acquire Yahoo. That’s according to a published report by the […]

UK fund manager wants Murdochs off News Corp board

A British fund manager on Friday called for Rupert Murdoch to resign as chairman of News Corp. as a step toward restoring trust in the […]

Americans Sargent, Sims share economics Nobel

Americans Thomas Sargent and Christopher Sims won the Nobel economics prize on Monday for research that sheds light on the cause-and-effect relationship between the economy […]

Bidding wars erupt for prime rental condos

The market for rental condos is becoming almost as hot as Toronto

Greek deficit projected at 8.5 percent of GDP

Greece’s Finance Ministry said the Cabinet has approved Greece’s draft budget for next year, and that the country’s deficit this year is expected to reach […]

Clayton toymaker’s hermit crabs make Toys R Us’ hot holiday toy list

The Clayton-based toymaker that wowed the world with its robotic hamsters a couple years ago is hoping children will go gaga this year over its […]

Mongolia council rejects plan for key coal project

Mongolia’s National Security Council has rejected a plan for U.S. mining giant Peabody Energy, China’s Shenhua Group and a Russian-Mongolian consortium to jointly develop the […]

China’s inflation rate eases as economy cools

China’s inflation rate retreated from a three-year high in August as food price increases moderated, suggesting Beijing may be able to hold off on further […]

U.S. jobs report fuels recession fears

A disastrous U.S. jobs report Friday provided the best evidence yet that the American economy is sputtering toward a recession.
Economists say that spells trouble for […]

Russian bailiffs search BP’s office in Moscow

Oil company BP says Russian bailiffs are searching its Moscow office because of a minority shareholder’s lawsuit.
BP’s Russian spokesman Vladimir Buyanov told The Associated Press […]