EU to Speed $123 Billion Aid for Spanish Banks – Businessweek
The Guardian EU to Speed $ 123 Billion Aid for Spanish BanksBusinessweekBy James G. Neuger and Mark Deen on July 10, 2012 European governments will jump-start as much as 100…
Enbridge failed to fix cracks in leaking Michigan pipeline
Canadian pipeline builder Enbridge Inc. knew about cracks that led to a 2010 leak of more than three million litres of oil into a Michigan river, a U.S. government investigator…
Euro Hits 2-Year Low As German Court Delays Decision – Forbes
Globe and Mail Euro Hits 2-Year Low As German Court Delays DecisionForbesIt seems like Europe just can't catch a break. On Tuesday, the single currency hit a two-year low against…
Euro finance ministers agree on Spain bailout
Euro area finance ministers have agreed on the terms of a bailout for Spain’s troubled banks, saying that 30 billion euros can be ready by end of this month. CBC…
Euro Near 2-Year Low Before French, Italian Production – Businessweek
Telegraph.co.uk Euro Near 2-Year Low Before French, Italian ProductionBusinessweekBy Kristine Aquino and Mariko Ishikawa on July 10, 2012 The euro declined to within 0.4 percent of its lowest level in…
Moody’s Cuts WellPoint Ratings; Fitch, S&P Lower Outlook – Wall Street Journal
New York Times Moody's Cuts WellPoint Ratings; Fitch, S&P Lower OutlookWall Street JournalBy Saabira Chaudhuri Moody's Investors Service lowered its credit ratings on WellPoint Inc. (WLP) by one notch, while…
Canadian businesses upbeat, central bank says
Canadian firms remain surprisingly optimistic about the next year — with positive expectations for sales, investment and hiring despite the economic turmoil, the Bank of Canada’s new survey of business…
British Official Defends Role of Central Bank in Barclays Rate-Setting Scandal – New York Times
New York Times British Official Defends Role of Central Bank in Barclays Rate-Setting ScandalNew York TimesBy MARK SCOTT LONDON – Political leaders focused their attention on what senior officials knew…
Pilot project finds servers hiding tips from taxman
A blitz by Canada Revenue Agency auditors on an unfortunate group of waiters and waitresses in one Ontario community has exposed “very surprising” amounts of unreported tips and gratuities. CBC…
New Jolt Looms for Investors: Earnings – Wall Street Journal
Wall Street Journal New Jolt Looms for Investors: EarningsWall Street JournalBy JONATHAN CHENG Investors already fretting about the health of the world's biggest economies now face another worry: disappointing earnings.…
