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B. Ramalinga Raju

India rocked by financial scandal at large computer company

Country's stock index plunges 7 per cent after Satyam reveals balance sheet is a fake


Russia cuts off gas through Ukraine

More European countries face energy shortage as pricing spat escalates


Is it a breakout, or fake out?

A bear market mauling cut the TSX in half in 2008. Quietly, stocks are climbing again on positive momentum, rising more than 20 per cent. Is it a breakout? Or just another fake out?


Too early for emerging markets: PIMCO

Bond fund manager will focus on quality credits in Europe, U.S.


M&S axes jobs as UK rate cut looms

Retailer will eliminate 1,230 jobs, close stores

Exclusive

Crash and Recovery: an investor looks at market data

Crash & Recovery

The definitive guide to the financial collapse of 2008 and how the economy and markets are responding


Streetwise

Streetwise Blog

What the charts say about this rally

Plus: Whom to watch on the Street


Commentary

Why governments can't stop market crashes

Neil Reynolds

The best systems maximize the freedom of the individual


Asia-Pacific

Stimulus spending? Foreigners beware

Marcus Gee

China's been down this road before

 

Canadian Business 

Parts maker's financial woes spark standoff

GM confronted by CAW blockade as it tries to remove equipment from plant of troubled company

Flaherty seeks new ways to get credit going

Nervous investors are shunning corporate IOUs

Livent co-founders' defence implausible, Crown argues

In closing arguments, prosecutors challenge position the accused were elaborately framed for fraud

Housing market braces for correction, not crash

House prices will fall an estimated 3 per cent this year, Royal LePage says in new forecast

Navistar plant cutting 200 more jobs

Latest round at Chatham, Ont., truck maker comes in addition to 490 previous layoffs

Rogers hurt by falling iPhone sales

Adds almost 200,000 new subscribers, up from 183,000 last year, but iPhone sales rise at half the rate of the previous quarter


Energy & Resources 

Oil dips as traders weigh demand signs

Crude trades above $48 a barrel as conflict in the Middle East continues to threaten supplies

Gold steadies, supported by U.S. dollar

Platinum prices rise 2 per cent to above $1,000/oz

Copper, aluminum hit one-month highs

Re-balancing of major commodity indices boosts sentiment

Western Canadian to cut operations at B.C. mines

Hundreds of jobs affected as miner responds to lower steel demand


International Business 

Worst is yet to come, Fed acknowledges

U.S. economy expected to decline ‘sharply' in 2009; jobless rate to rise ‘significantly'

Alcoa to slash 13,500 jobs

Aluminum maker will also cut production, spending to cut costs; company to take charge of up to $950-million

Financial crisis claims German billionaire

Adolf Merckle's suicide: family says he was distressed after empire ruined

Enron's Skilling to be resentenced

Appeals court upholds conviction

U.S. factory orders drop more than expected

Orders declined by 4.6 per cent in November, nearly double the 2.5 per cent drop economists expected

U.S. expects to spend $6.5-million in bailout administration costs

Government anticipates $1.2-million in spending on salaries through the end of January and more than $5.3-million on other expenses


Investing 

Britain considers new short selling disclosure rules

Regulator looks at forcing disclosure for all stocks

Exchange upstart slashes fees to woo TSX listings

CNSX Markets targets companies looking to cut listing costs

Loonie poised to take a run at greenback?

TSX marks sixth winning session

Financials, commodities drive market higher; Wall Street stocks also make gains

December fund outflows expected to total $730-million

‘Investors are still waiting on the sidelines,' IFIC official says as redemptions continue in stock and bond pools


Technology 

Apple's Jobs says he will stay amid hormone treatment

Statement aims to dispel rumours amid weight loss; shares rise in response

CES will aim to outshine recession woes

Even in tough economic times, electronic show to have stuff worth seeing

Technology: New Internet-ready TVs put heat on cable firms

The Internet has proven it can handle television, but is TV prepared to handle the web?

China targets Google in porn crackdown

Seven government agencies will work together on the campaign to ‘purify the Internet's cultural environment and protect the healthy development of minors'