IBT Staff Reporter

Canadian stocks touched their highest level in two months on Tuesday as mining and energy issues rose on healthy import data out of China, which boosted investor optimism for the global economy.

A deteriorating European with slower growth and the longer we go without economy and weak global growth will keep the Bank of Canada from raising rates for at least another year, though an interest rate cut looks highly unlikely, according to a Reuters survey.

One of the biggest imbalances in the global economy could soon be a thing of the past: China's super-sized trade surplus is melting away.

A legislator quit Canada's main opposition New Democrats on Tuesday, adding to the problems of a left-leaning party that has failed to impress since a record-breaking performance in the May 2011 election.

The Florida Panthers earned their first regulation victory over Vancouver in more than 12 years on Monday, beating the Western Conference-leading Canucks 2-1 in Sunrise.

Teen idol Justin Bieber turns 18 in March with a long and ambitious to-do list -- to still be around at 30, to be as famous as Michael Jackson, and to avoid singing about sex and drugs.

Wall Street banks lowered their outlook for U.S. economic growth due to concerns over the European debt crisis, oil prices, regulatory uncertainties and continued disarray in Washington, according to a financial industry survey released on Tuesday.

Executives met over 60 times at luxury hotels to fix prices of liquid crystal display panels, a conspiracy which illegally cost the U.S. economy billions of dollars, a U.S. prosecutor said in court on Tuesday.

Telecom startup LightSquared is mounting a last-ditch effort to win U.S. regulatory approval for a new wireless network after being outmaneuvered by the GPS industry, which has spun doomsday scenarios of interference problems that could cause planes to fall out of the sky and threaten national security.

Wall Street banks lowered their outlook for U.S. economic growth due to concerns over the European debt crisis, oil prices, regulatory uncertainties and continued disarray in Washington, according to a financial industry survey released on Tuesday.

French videogame publisher Ubisoft raised its fiscal full-year sales and profit targets on the back of strong demand for games such as Assassin's Creed Revelations and Just Dance in the Christmas period.

Ford Motor Co will report a loss in the Asia Pacific region in 2011 because of the impact of last year's floods in Thailand, the company said on Tuesday.

With voting underway in the second contest of the 2012 Republican primary season, Mitt Romney is expected to win easily -- but interviews with voters in New Hampshire's largest city show that his opponents are making headway, especially among people whose primary concern is not the economy.

Executives met over 60 times at luxury hotels to fix prices of liquid crystal display panels, a conspiracy which illegally cost the U.S. economy billions of dollars, a U.S. prosecutor said in court on Tuesday.

Eastman Kodak Co announced a new business structure on Tuesday that eliminates its film group as the once-iconic photography company tries to refocus as a digital company to help fend off financial difficulties.

Stocks climbed to a five-month high on Tuesday after trade data showed strong Chinese demand for metals and a bullish forecast by aluminum company Alcoa pointed to a stronger global economy.

Was Apple CEO Tim Cook paid $380 million in 2011? It depends on how you look at it.

A Finnish anti-Internet piracy group said it received a bomb threat from hacking group Anonymous after it successfully forced a telecoms provider to block access to The Pirate Bay, a popular website for illegal downloading.

AMR Corp , the bankrupt parent of American Airlines, is racing to renegotiate aircraft leases and bag what experts believe could be hundreds of millions of dollars in savings.

WebMD Health Corp said it called off discussions with potential acquirers and warned that 2012 profit would be significantly lower as clients slash expenses to offset revenue loss from drugs losing patent protection.

A group of specialist banks are profiting from Europe's financial crisis, thanks to a surge in demand for securities which allow traders to bet against bank stocks and government bonds.

Germany's Deutsche Telekom and Groupon, the world's largest daily deals company, will cooperate in mobile internet businesses, German business daily Financial Times Deutschland reported, citing company executives at both groups.

Alcoa Inc shares rose on Tuesday after the aluminum producer gave a bullish outlook for the industry, but some Wall Street analysts were skeptical and lowered the company's stock price target.

Alcoa Inc shares rose more than 4 percent on Tuesday after the aluminum producer gave a bullish outlook for the industry, but some Wall Street analysts were skeptical and lowered the company's stock price target.

Stocks hit a five-month high on Tuesday after strong import data from major metals consumer China and a bullish forecast by Alcoa boosted the outlook for commodities companies and pointed to a stronger global economy.

Jasjit Bhattal, the highest-ranking ex-Lehman executive at Nomura Holdings , resigned on Tuesday after the wholesale division he led suffered heavy losses and forced the Japanese investment bank to scale back its global expansion.

Eastman Kodak Co announced a new business structure on Tuesday as the once-iconic photography company tries to refocus as a digital company to help fend off financial difficulties.

Tiffany & Co sales over the holiday season weakened markedly in the United States and Europe, prompting the upscale jeweler to lower its full-year profit forecast and sending its shares down more than 10 percent in early trading.

Shares of WebMD were down 30.68 percent to $25.46 in mid-morning trading.