Conoco says reaches China spill compensation deal

ConocoPhillips said Wednesday that it and China National Offshore Oil Corp. reached a $160 million agreement to settle compensation claims from oil spills off northeastern […]

Italy raises $14 billion at much lower cost

Italy saw investors more willing to part with their cash Wednesday as it raised euro10.7 billion ($14 billion) in a pair of auctions, a sign […]

UN warns of possible new recession

The United Nations has sharply cut its economic projections for global growth and says that the world is at risk for a new recession.
The U.N.’s […]

Study shows many large companies pay little or no taxes

A new report on corporate taxation identifies Tenet Healthcare Corp., Boeing Co., and Wells Fargo & Co. as among 30 profitable companies nationwide that paid […]

AutoNation net income up 24 percent

AutoNation Inc. says that its third-quarter profit rose 24 percent on higher new and used vehicle prices.
The nation’s largest auto dealership chain said Thursday that […]

China web users mourn Jobs

China’s popular Sina web portal has created a tribute page to Steve Jobs with a banner that reads: “To live is to change the world.”
The […]

Carmakers show off in Frankfurt but outlook dims

The world’s carmakers showed off the next generation of cleaner, smaller, and higher-mileage vehicles at the Frankfurt auto show Tuesday, but all the thumping sounds […]

Should you buy a house used as a grow op?

On a quiet Scarborough street, the small, nondescript home blended in easily with its neighbours. But at $354,900, the asking price was substantially lower than […]

Sony’s tablet is best of the Android bunch

There are umpteen available tablets — especially those powered by Google’s open-source Android platform. So what makes Sony’s first foray into this crowded space special? […]

Biden says China, US share global responsibilities

Vice President Joe Biden said Sunday that the United States and China need to recognize their mutual global concerns and responsibilities and ensure greater fairness […]