Cutbacks in vehicle production will reduce economic activity by roughly 2.5 percentage points in the U.S and one percentage point in Canada, according to a new report from by Scotia Economics.
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President Obama calls the US recession a ‘continuing disaster’ for the American people.
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President Obama calls the US recession a ‘continuing disaster’ for the American people.
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Men with prostate cancer are at increased risk of having an aggressive tumour if they also carry a gene mutation normally linked to breast cancer, U.S. researchers say.
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Bonuses for Wall Street fat cats are easy political fodder in uncertain economic times, but former New York Mayor Rudy Giuliani said Friday cutting corporate bonuses means slashing jobs in the Big Apple.div class=”feedflare”
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Germany’s Porsche becomes the latest car company to cut back its worker hours amid falling global demand.
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Rescue teams combing the debris of a store destroyed by fire in Nairobi have recovered 13 bodies, officials say.
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Rescue teams combing the debris of a store destroyed by fire in Nairobi have recovered 13 bodies, officials say.
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Israeli President Shimon Peres says he has had an amicable phone conversation with Turkish Prime Minister Recep Tayyip Erdogan, one after Erdogan stormed offstage during an angry exchange with Peres at the World Economic Forum in Davos. The row came during a debate as the world leaders discussed the recent Gaza-Israel conflict.div class=”feedflare”
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