Finance Minister Jim Flaherty may intervene in amortization period for home mortgages


Finance Minister Jim Flaherty may intervene in amortization period for home mortgages

Is there a connection between the shorter borrowing period and the slowdown in sales?

Fidelity Investments' 2011 profit rises 13 percent

Fidelity Investments said on Wednesday that its operating income rose 13 percent in 2011, the third consecutive year of rising profits for the privately held company after a slowdown during the financial crisis.

Jobs, factory slowdown pile on recovery fears

U.S. companies hired far fewer workers than expected in May and output in the manufacturing sector slowed to its lowest level since 2009, adding to concerns that the U.S. recovery is running out of steam. (10 hours ago)

Sainsbury aiming to expand as profits rise 11.3%

J Sainsbury chief executive Justin King is to speed up the company’s expansion as he seeks to prove to investors that its success in maintaining growth during the consumer slowdown can be extended. (25 mins ago)

Nationalise the banks, urges Begg

The head of the Irish Congress of Trade Unions has said the Government should take control of the banking sector. Black for books? Hughes & Hughes managing director Tony McEntee on how the slowdown is affecting his company. (36 mins ago)