If phone books are a dying industry – as Microsoft Corp. chairman Bill Gates once declared – someone forgot to tell Olivier Vincent. As early as today, Mr. Vincent, the chief executive officer of Vancouver-based... [full story]

Foreign banks are starting to nibble at America's failed-bank buffet. But don't expect them to clean it out. Spain's Banco Bilbao Vizcaya Argentaria (BBV) has emerged as the winning bidder for the remains of Texas thrift... [full story]

Sales of existing U.S. homes jumped more than forecast in July to the highest level in almost two years, signaling the housing crisis that crippled the world’s largest economy is easing.... [full story]

Meredith Whitney, the analyst who predicted that Citigroup Inc. would cut its dividend last year, said the number of U.S. bank failures will quadruple as lenders struggle with bad loans... [full story]

Banks are still failing left and right, and according to a recent survey of top financial services leaders, a big majority of bank executives think that a recovery in their industry will lag an overall economic rebound.... [full story]

Whether it's a matter of ignorance or greed, people are still buying General Motors stock, even though the company and the government have warned that the shares will some day be worthless.... [full story]

What is it that's attracting foreigners to the splendors of Canada? Is it the Rockies? Niagara Falls? Our ability to be polite in multiple languages? Well, maybe. But lately, it's been our picturesque bonds.... [full story]

The financial crisis and recession of the last few months have seen plenty of that counter-cyclical perversity on display - a number of American commentators, in particular, were looking for signs of a revival in the stock... [full story]

PetroChina, Asia's largest oil company, has signed a $41bn (£25bn) deal to purchase gas from a field off Australia's north-western coast.... [full story]

Canada's overall inflation rate fell by 0.9% in July, according to Statistics Canada data released Wednesday.... [full story]