| Ford has profit for 5th straight quarter Ford Motor Co. reported Friday strong second-quarter earnings - its fifth straight quarterly profit - but trimmed its U.S. sales forecast. cbc.ca |
Japanese data makes dollar sad THE dollar was weaker at noon after being depressed by much weaker than expected Japanese economic growth data. news.com.au |
U.S. jobless claims drop The number of Americans signing up for unemployment benefits dropped to the lowest level in two months, an encouraging sign that companies aren't resorting to deeper layoffs even as theeconomy has lost momentum. cbc.ca |
Vale to get up to $1B US from EDC Export Development Canada, the federal government's export funding agency, is providing up to $1 billion US in financing to Brazilian mining giant Vale. cbc.ca |
Banks don't need to hike rates, says Swan NAB'S strong results show banks remain profitable and don't need to lift rates above official RBA rises, Treasurer Wayne Swan says. news.com.au |