World Business News

GM said the search for a new leader would likely take months. It will be tough enough to find someone willing to run a company that is 60 per cent government-owned. Because it received a $50 billion taxpayer bailout, GM...

The UK steel group Corus is to close operations in Teesside, triggering 1,700 job losses, after a consortium of buyers pulled out of a major contract earlier this year. Corus, which is owned by the Indian group Tata Steel, has...

Asian markets were mixed on Friday as investors took profits after recent gains, following a decline on Wall Street ahead of the release of a key jobs report amid worries over the US economy. Tokyo ended 0.45 per cent higher...

Indonesia want ASEAN renegotiate with China on Free Trade Area Implementation Indonesian Coordinating Minister for Economic Affairs Hatta Radjasa today, Friday, December 4, 2009 said that Indonesian government just learning the possibility of the ASEAN countries to renegotiate with China...

P ositive data on the job front in both Canada and the U.S. played havoc with stocks on Friday, with the Toronto market losing ground and New York markets flip-flopping to small gains. Employment numbers boosted investor confidence in the...

Of the beneficiaries of Dubai's crisis? There are reports reveal the beneficiaries of this global crisis In Egypt, the Egyptian Stock Exchange has been able to achieve gains of 8.5 per cent during the last three trading sessions, surpassing the...

The turmoil in the markets makes it too easy to justify selling any stock these days. Yet, while panic never helps investors, it's still a good idea to play devil's advocate with investments...Here at the Fool, we like to consider...

The new head of GM Europe, Nick Reilly, and workers' committee chief Klaus Franz found common ground Friday on getting the troubled car maker Opel/Vauxhall back on its feet, they said separately. "Naturally the topic of job reductions weighs heavily...

Gold eased back toward $1,200 an ounce in Europe on Friday as traders cashed in gains after the previous day's run-up to record highs, with the market taking a breather ahead of key US payrolls data later in the day....

David Gardner's top pick took an epic run of 1,334%!...Just when the company seemed to be getting its stuff together, it gives us a report with nearly no reasons for optimism . I've been on Novell's case for years about...