Former Nortel brass allowed ‘monkey business’, crown says
Prosecutors winding down closing arguments in the high-profile Nortel fraud trial say the former top brass at the defunct telecom giant knowingly breached accounting rules. CBC | Business News…
Spain Popular approves capital hike of up to 2.5 billion euros: source – Reuters
Telegraph.co.uk Spain Popular approves capital hike of up to 2.5 billion euros: sourceReuters| MADRID (Reuters) – The board of Spain's Banco Popular (POP.MC) has approved a capital increase of up…
$54M fine ordered in Calgary Ponzi scheme
The Alberta Securities Commission has imposed sanctions totalling nearly $ 54 million against three Calgary-area men and their companies. CBC | Business News…
Spain to Borrow $267 Billion of Debt Amid Rescue Pressure – Bloomberg
Telegraph.co.uk Spain to Borrow $ 267 Billion of Debt Amid Rescue PressureBloombergSpain plans to borrow 207.2 billion euros ($ 266.5 billion) next year, the Budget Ministry said today, as pressure…
Spending climbs, but wages don’t – CNNMoney
Daily Beast Spending climbs, but wages don'tCNNMoneyBy Chris Isidore @CNNMoney September 28, 2012: 9:31 AM ET NEW YORK (CNNMoney) — Spending by consumers picked up in August, although people dipped…
Irving Oil charged in gas price-fixing ‘cartel’ in Quebec
Irving Oil Ltd. and one of its managers are facing criminal charges over alleged price-fixing of retail gasoline in Quebec, the Competition Bureau says. CBC | Business News…
Consumer Spending Up In August – Neon Tommy
Neon Tommy Consumer Spending Up In AugustNeon TommyAt the same time, income through wages barely rose, however – in fact, after taking into account inflation, incomes fell 0.3 percent in…
Germany, France pitch Tobin tax on financial transactions
Germany’s Finance Ministry says Berlin and Paris have jointly appealed to the European Union’s executive to prepare the introduction of a tax on financial transactions. CBC | Business News…
Wall Street marks best third quarter since 2010 – Reuters
AFP Wall Street marks best third quarter since 2010ReutersBy Edward Krudy | NEW YORK (Reuters) – Wall Street closed its best third quarter since 2010 after a wave of central…
BofA Continues to Pay for 2008 Deals – Wall Street Journal
Wall Street Journal BofA Continues to Pay for 2008 DealsWall Street JournalBy CHRISTIAN BERTHELSEN Bank of America Corp. agreed to pay $ 2.43 billion to settle claims it misled investors…
