Grant Thornton taps Hong Kong unit chief to be CEO

Posted by Financial Service News on June 23rd, 2009

Stephen Chipman, 47, will become leader of the Chicago-based accounting firm on Jan.

June 23: Stocks mixed ahead of Fed statement

Posted by Financial Market News on June 23rd, 2009

A moderate improvement in home sales - 2.4 percent in May - wasn't enough to get the stock market going again.

Canada-based Agrium extends deadline for CF Industries offer to July 22

Posted by Financial Service News on June 23rd, 2009

Agrium Inc. said Tuesday it extended the deadline to acquire rival fertilizer company CF Industries Holdings Inc.

SEC, CFTC agree on derivatives oversight

Posted by Financial Market News on June 23rd, 2009

The heads of two federal agencies with financial oversight responsibilities have told Congress that their jurisdiction can be split over the instruments blamed for hastening the global economic crisis.

Stepfamily: Boy in custody battle chooses Brazil

Posted by Financial Service News on June 23rd, 2009

The Brazilian family of a boy at the center of an international custody battle said Tuesday the boy wants to remain in Brazil, where he feels safe and loved.Maternal grandmother Silvana Bianchi told "The Early Show" on CBS Tuesday that 9-year-old Sean Goldman has told her he doesn't want to leave them."Sean wants to stay in Brazil with the family," ...

Stocks look to open slightly higher

Posted by Financial Market News on June 23rd, 2009

The Toronto stock market is likely in for a slightly higher open, a day after a World Bank report sparked steep selloffs on North American stock markets.

US files WTO case against China over export restraints on materials used in steel, chemicals

Posted by Financial Service News on June 23rd, 2009

The Obama administration has filed its first trade case against China with the World Trade Organization, accusing the Asian power of restricting exports of certain raw materials to give Chinese manufacturers "unfair advantages." Trade Representative Ron Kirk says the U.S. is "deeply troubled at what appears to be a conscious policy to create unfair ...

Oil extends fall below $67

Posted by Financial Market News on June 23rd, 2009

A woman fills petrol into her car at a filling station in Puchheim westward of Munich December 12, 2008.

Paul Allen launches Xiant software company with an e-mail filer

Posted by Financial Service News on June 23rd, 2009

Microsoft co-founder Paul Allen has launched a new software company called Xiant and started testing its first product, an e-mail sorting program called Xiant Filer.

Sector Snap: Airlines fall on economy worries

Posted by Financial Market News on June 23rd, 2009

Airline shares dropped in Monday midday trading as investors worried that the U.S. and global economies may have farther to go before recovery sets in.


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