Two sets of statistics released Wednesday suggested American employers cut more jobs than expected in August but that they plan fewer layoffs in future than previously estimated.

North American markets rise after the release of strong manufacturing data from the U.S. and China.

A Canadian scientist accused of illegally sending trade secrets worth $300 million to China and Germany was ordered detained Tuesday on rare charges of economic espionage.

International food prices have risen to their highest level in two years, fuelled in part by a drought in Russia that lifted the cost of wheat, a UN agency said Wednesday.

Bombardier Inc.'s profit dropped to $148 million US on lower revenue in the second quarter, the Montreal-based transportation conglomerate says.