Relative calm returned to world markets on Friday after a hurricane-force week that gave dollar/yen its biggest smashing since 2008, wiped billions off share prices and saw a stampede into top-rated government bonds and gold.
Energy companies are digging in for another year of downturn by slashing spending, costs and staff as crude prices dip to new multiyear lows.
MONTREAL -- Molson Coors Brewing Co. says a sluggish economy and higher food prices are affecting beer drinking in Canada's oil-rich provinces.
Canadian stocks slumped a fifth day on Thursday joining a sell-off in markets around the world amid waning confidence central banks can support the global economy, as commodities prices fall and growth stalls.
Internet users of a certain vintage certainly remember MySpace but its alarming to note that it originally launched in 2003 and reached its zenith in 2008, just when Facebook was on the rise.