Philippines Raises Rediscounting Rate as Growth Accelerates

The Philippines increased its so- called rediscounting rate, one of the interest rates it charges lenders for borrowing money from the central bank, as […]

Geist: Three strikes and you’re out system draws cries of foul from governments

Canadian officials travel to Guadalajara, Mexico this week to resume negotiations on the still-secret Anti-Counterfeiting Trade Agreement. The discussion is likely to turn to the […]

Suddenlink promotes Patricia Mc

Suddenlink has promoted Patty McCaskill to chief programming officer.
McCaskill, who joined the cable broadband company’s programming department in 2003, has more than […]

Cerner, Kansas City Wizards development deal goes for final approval

A proposed development agreement calling for a new 18,000-seat soccer stadium for the Kansas City Wizards and a first-class office campus for 4,000 new Cerner […]

China deal worth $1M to RPCI

Roswell Park Cancer Institute signed a $1 million licensing deal with a Chinese pharmaceutical company.
The agreement for Roswell’s tumor imaging technology was signed with Zhejiang […]

BOE Should Pause Bond Plan as U.K. Recovery Looms, BCC Says

The Bank of England should pause its bond-purchase plan after completing the current 200 billion- pound ($323 billion) tranche as the economy shifts toward […]

Canada Jobs Unexpectedly Fall 2,600, Led by Transport

Canada unexpectedly lost jobs in December, led by transportation and public administration, keeping the jobless rate close to the highest in more than a […]

German investor buys foreclosed hotel note for half off

A German investor bought the distressed note on a Lauderdale-by-the-Sea hotel and apartment property for less than half of the bank’s foreclosure judgment.
Ptolsemaios Property paid […]

YRC trucking swaps debt for equity, averts bankruptcy

YRC Worldwide Inc., one of the nation’s largest trucking companies, said Thursday that it had cleared a critical hurdle in its effort to avoid […]