BP posts $17B quarterly loss
Embattled energy titan BP took a $32.2-billion-US charge related to the Gulf of Mexico oil spill in the second quarter, leading the company to its first quarterly loss in 18 years. cbc.ca |
Leading index suggests slowing economy
Statistics Canada's index of leading economic indicators rose 0.4 per cent in July, down from 0.7 per cent in June. cbc.ca |
Shares led by miners, banks
THE Australian share market closed firmly in the black on the back of positive offshore leads, with mining and bank stocks leading gains. news.com.au |
Boards to increase women numbers by 2012
WOMEN could make up one-quarter of directors on Australia's top-tier firms within two years compared with one in 10 now, an advocacy group for female business leaders says. news.com.au |
A star fund manager gets cautious
In the past few years you'd have been paid well to listen to Tom Forester. He saved investors tens of millions in 2008 as the only U.S. stock manager whose fund posted a gain for the year. money.cnn.com |