Seized Chinese workers freed in Egypt

A group of 25 Chinese taken hostage in Egypt has been freed, but a second group seized in Sudan over the weekend are still being […]

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World stocks fall ahead of EU summit

World stock markets fell Monday, with uncertainty about a tentative deal to resolve Greece’s debt crisis weighing on investor sentiment ahead of a summit of […]

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Italy, Spain Are Among Five Euro-Zone Nations Downgraded by Fitch Ratings - Bloomberg

The credit ratings of Italy, Spain and three other euro-area countries were cut by Fitch Ratings, which said the five nations lack financing flexibility in […]

Best Consumer-Stock Gain May End on South Africa Valuations - Bloomberg

The world

Wal-Mart names first woman as Sam’s Club CEO

Wal-Mart Stores Inc., the world’s biggest retailer, said Friday that it has named Rosalind Brewer as CEO of Sam’s Club _ the first woman and […]

Unemployment rate falls to 8.5 pct., hiring surges

A burst of hiring in December pushed the unemployment rate to its lowest level in nearly three years, giving the economy a boost at the […]

Euro Falls to 11-Year Low Versus Yen After French Rates Rise at Auctions - Bloomberg

The euro fell to an 11-year low against the yen and reached the weakest in 15 months versus the dollar after French borrowing costs rose […]

Gold bullion taken to Egypt, court documents show

A man who accepted nearly $2 million in gold bars at night in a Rexdale parking lot took the gold to Egypt and gave it […]

Australian Manufacturing Shows First Expansion in Six Months - Bloomberg

Australian manufacturing (AIGPMI) expanded for the first time in six months in December, driven by gains in basic metals, transport and publishing, a private survey […]

Maine fishermen expect record prices for scallops

Maine scallop fishermen expect to get record prices for their catch this season with strong global demand and a diminished supply from Japan and other […]