Greece needs another $20B
Business News

International inspectors who have been studying Greece's financial position have found the debt-burdenecd country still needs an extra €15 billion ($20 billion Cdn) in help beyond a second bailout and debt relief from its private lenders.


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U.S. Chrysler workers to get profit-sharing cheques
Business News

Factory workers at Chrysler plants in the U.S. are getting $1,500 profit-sharing cheques next month, a sign the automaker is turning around.


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NYSE, Deutsche Boerse call off merger plans
Business News

The New York Stock Exchange and German exchange Deutsche Boerse called off their planned merger Thursday, a day after the European Union said it would block the union because of concerns about a monopoly.


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Canadian investors shut out of Facebook IPO
Business News

Canadian Facebook fans are unlikely to share in the excitement of the social media giant's hotly anticipated initial public offering.


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PetroChina buys 20% of B.C. Shell gas play
Business News

PetroChina has agreed to buy a 20 per cent stake in a Shell Canada natural gas stake in northeastern B.C.


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U.S. jobless claims fall
Business News

The number of people seeking unemployment aid in the U.S. fell by 12,000 last week, a sign that companies are cutting fewer jobs and likely stepping up hiring.


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