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TORONTO (Reuters) - Toronto's main stock index ended lower yesterday after touching a two-year high earlier in the session, as a steep rise by the US dollar helped push commodity prices lower. Spot gold soared to a record high for a fourth day runnin...

WASHINGTON (Reuters) - Large banks would be required to pay more into the government fund used to cover the cost of seizing failed banks under a proposal issued by US regulators yesterday. Bank of America, JPMorgan Chase & Co and Citigroup combined w...

WILMINGTON, Delaware (Reuters) - Ambac Financial Group Inc, which was the second-largest US bond insurer before suffering huge losses on risky mortgages, filed for Chapter 11 bankruptcy on Monday. The filing cements Ambac's decline from a company tha...

DENVER (AP) — This season, there's more to technology on the ski slopes than the new shapes in skis. As skiers and snowboarders head online to book vacations and then brag about it, Colorado resorts are amping up their social media and smart phone ap...

NEW YORK (AP) - Stocks pulled back yesterday as traders retreated from a rally that brought indexes to their highest levels since the peak of the financial crisis in September 2008. Gold crossed $1,400 an ounce to another record yesterday as traders ...

LONDON (AP) - Stock markets mostly fell yesterday as investors took a breather following last week's big gains, which sent many of the world's major indexes above where they were when Lehman Brothers collapsed in September 2008. In Europe, the FTSE 1...

Bermuda retailers will make a slew of special offers for online shoppers for one day only in next week's eMonday initiative. More than 30 "e-tailers" have signed up for the first eMonday, Business Development and Tourism Minister Patrice Minors said ...

BERLIN (AP) — German exports surged 22.5 percent in September, according to official data released yesterday, which showed Europe's largest economy is recovering quickly but still depends largely on foreign demand for its industrial products. The Fed...

DUBLIN (Bloomberg) — Ireland is "increasingly likely" to seek aid from the European Union-backed rescue fund as its borrowing costs continue to rise before the government's 2011 budget, NCB Stockbrokers said. "When your sales force doesn't believe it...

NEW YORK (Bloomberg) — American International Group Inc. hired Sid Sankaran, a partner at consulting firm Oliver Wyman, as chief risk officer as the bailed-out insurer works to regain independence from the US. Sankaran headed Wyman's Toronto office a...