MANUFACTURING

Canadian Finance Minister Flaherty waits while being introduced at the Calgary Chamber of Commerce in Calgary

Canadian economy's trouble spots smoothing out

Canadian industries are operating at a production capacity that is approaching pre-recession levels and the housing market remains strong, according to data on Thursday that offered the prospect of steady, if slower, economic growth.
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U.S. Resilient, Europe Debt Woes Touch Asia

An improvement in the U.S. employment picture last week and a rise in regional factory activity suggested an emerging divide between resiliency in the U.S. economy and faltering growth in Europe and Asia.
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Futures Shoot Higher After Data

Stock index futures added to gains on Thursday after data showed weekly jobless claims dropped to their lowest level since May 2008, suggesting the labor market recovery was gaining speed, while a gauge of manufacturing in New York State showed growth accelerated in December.
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Futures Rise Ahead of Data, FedEx Jumps

Stock index futures rose on Thursday, following three days of market losses and ahead of a batch of data including industrial production, jobless claims and New York manufacturing.
Traders work on the floor of the New York Stock Exchange

Futures Higher Ahead of Data Flurry

Stock index futures were higher on Thursday, following three days of market losses and ahead of a batch of data including industrial production, jobless claims and New York manufacturing.
Traders work on the floor of the New York Stock Exchange

U.S. Stock Index Futures Signal Early Rebound

Stock index futures pointed to a higher open on Wall Street Thursday, with futures for the S&P 500 up 0.3 percent, Dow Jones futures up 0.5 percent and Nasdaq 100 futures up 0.5 percent at 0906 GMT.
Gold

Gold Plunges to its Lowest Level Since September

Spot gold weakened further on Thursday after dropping 3.5 percent in the previous session, as investors remained nervous about the eurozone debt crisis amid the year-end rush to liquidate positions.
Bottles of Coca-Cola, which will be delivered to stores, are seen in a warehouse at the Swire Coca-Cola facility in Draper, Utah

Coca-Cola buying stake in Saudi drink company

Coca-Cola Co (KO.N) is buying a stake in Saudi Arabia-based beverage company Aujan Industries for $980 million in what is seen as a bid to catch up with rival PepsiCo Inc (PEP.N) in the Middle East.
The company's logo is seen on the Apple store in Washington

Apple Wants Anobit - Why?

Technology giant Apple is negotiating to acquire Anobit, an Israeli flash storage manufacturer, for about for $400 million to $500 million. People must be wondering why.

Canada set for tamer growth as factories struggle

Canadian factory sales slumped in October after three months of gains, confirming suspicions the final stretch to the end of the year will see a slowdown from the brisk economic growth of earlier months.
Industry

Economic Gloom Deepens as Rupee Fuels Inflation

India's economic gloom deepened on Wednesday as figures showed a record low rupee is adding to Reserve Bank of India's (RBI) inflation headache and an adviser to the prime minister said there was little that could be done to check the currency's slump.
Fish

Inflation Stubbornly High; RBI May Hold Rates Steady

India's wholesale prices rose more than expected in November, leaving inflation stubbornly high and suggesting the RBI would hold rates steady at its review on Friday even as worries grow over the health of the economy.
iPad 3

Apple iPad 3 Transparent and Rimless? Don't Count On It (VIDEO)

That's just just a fun rumor spawned by a concept video cirulating the Web that someone named Dakota Adney put together. The real innovation is just that -- the creative video. But no bona Apple expert under the sun thinks the Apple iPad 3 will be released such a radical design.
Gold

Gold in Demand Due to Bullion Price Drop

A sharp drop in bullion prices prompted some buying interest on Asia's physical market, but many remained reluctant to purchase large quantities as the year end approaches and the eurozone debt crisis threatens to further sink prices.
Job seekers stand in line to speak with employers at a job fair in San Francisco, California November 9, 2011.

Long-Term Jobless Eye Bleak Future as Benefits End

About 7 million Americans get jobless benefits under seven different state and federal programs. Around one-quarter of them will fall off the rolls in January unless the U.S. Congress renews an extended-benefits program that expires at the end of the year.
Worker

Govt Admits Inflating Export Figures by $9 Billion

Already battered by corruption scandals, and less than a week after an embarrassing policy U-turn, the government admitted on Friday that it had accidentally inflated this year's export figures by more than $9 billion.

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