Early hopes of an end to the brutal sell-off on North American stock markets quickly faded Friday as investors appeared unimpressed by White House efforts to revive a slumping U.S. economy. The S&P/TSX composite index ended the day down 59 points to 12,737. That represented a dramatic turnaround from its early morning levels, when the benchmark index was up by 167 points. The tally brought the Toronto market's four-day plunge to a sobering 961 points - seven per cent of its value. Since the start of the year, the benchmark index has lost almost 1,100 points, or eight per cent. The best that could be said about Friday's trading was that the drop was not of the triple-digit magnitude that had marked the three previous sessions. Most sectors were in negative territory on Friday, with the financials, industrials, utilities, and metals and mining sectors leading the losers. The Dow Jones industrial average was down 60 points at 12,099,...
The government of Newfoundland and Labrador is estimating the province will gain at least $20 billion in royalties and up to 3,500 jobs from the Hebron offshore oil project, after a final agreement...
New Delhi, August 21 (ANI): With inflationary pressures refusing to subside, interest rates may go up further despite the government and the Reserve Bank of India taking steps to counter it....
Usain Bolt has rewritten Olympic history this week, but has also led supporters and sponsors to their own gold medal moments. World No.3 Puma, in whose golden shoes Bolt clocked records against...
TiVo, the popular U.S. television-recording device, is finally arriving in Canada in early December. - The TiVo set-top device, which allows viewers to record shows and skip commercials,...
While consumers in the United States struggle with rising fuel prices, Venezuela's gasoline the cheapest in the world at 12 cents per gallon. Venezuelan President Hugo Chavez, a fierce...
Japan's top mobile phone player, NTT docomo, is looking for overseas acquisitions amid tough competition at home. New CEO Ryuji Yamada says a recent 30% stake in a Bangladesh carrier is just the...
Asia stocks largely gained on Thursday with investors gaining confidence following solid business spending data out of the United States. Japan's Nikkei rose 3 percent (14,124) its best daily gain...
Asia stocks dropped for a fourth consecutive session on Wednesday with sky high oil prices and inflation woes punishing markets across the region. Japan's Nikkei fell 1.3 percent (13,286 ) with...
Asia stocks slid on Monday with investors worried about rising inflation and sluggish U.S. economic growth. Japan's benchmark Nikkei fell 2.3 percent (13,690) its biggest fall in six weeks....
The deluxe Canadian-made McLaughlin-Buick once used to shuttle King Edward VIII and his love Wallis Simpson, for whom he would eventually abdicate the throne, will go under the hammer Monday at...
Truveo video search lets you search and find videos from across the Web. Use Truveo to find all types of online video including hit television shows, full-length movies, breaking news clips, sports highlights, music videos, or the latest viral videos. If you are looking for a specific video, Truveo video search can help you find exactly the video you want. Truveo can also help you browse through video across the web and discover new videos that you might like.