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 […]

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 […]

Hatoyama Proposes Record Budget, Exacerbating Japan Debt Burden

Prime Minister Yukio Hatoyama unveiled a record budget of 92.3 trillion yen ($1 trillion) aimed at increasing the wealth of Japanese households and reducing […]

Europe Manufacturing, Services Expansion Accelerates

Europe’s service and manufacturing industries expanded at the fastest pace in more than two years in December, suggesting the euro-area economy is gathering strength. […]

Greenspan Sees Jobs Rebound as Stretched Companies Boost Output

Former Federal Reserve Chairman Alan Greenspan said today he expects a quick rebound in jobs because companies are stretched to expand production after workforce […]

Geithner Sees ‘Progress’ in Job Market, Unemployment Declining

Treasury Secretary Timothy Geithner predicted the U.S. unemployment rate probably will be lower than 10 percent in a year and said the economic recovery […]

British Airways touts Phoenix-Europe fare sale

British Airways announced a $578 roundtrip fare sale this weekend from Phoenix to six European cities: Amsterdam, Paris, Milan, Rome, Vienna and Athens.
Trips must be […]

Dollar Drop Reflects ‘Real Cause for Concern,’ Holtz-Eakin Says

The dollar’s slump reflects concern among investors about the “dismal” state of the U.S.’s public finances, said Douglas Holtz-Eakin, a former director of the […]

EU sets Dec 14 deadline for Kraft’s Cadbury bid review

The European Commission has set a one-month deadline to review Kraft Foods Inc’s $16 billion hostile bid for British chocolate maker Cadbury after the […]

China hopes U.S. keeps deficit to appropriate size

China hopes that the United States will keep its deficit to an appropriate size to ensure basic stability in the U.S. dollar exchange rate, […]