Yahoo! Canada Finance: Finance News

Renault announces low-cost car for India in 2012

AFP - NEW DELHI (AFP) - Renault chief Carlos Ghosn said Tuesday the French automaker would launch a low-cost car in the Indian market in 2012 in a tie-up with India's Bajaj Auto.

SingTel says regional mobile users up 26 pct

AFP - SINGAPORE (AFP) - Singapore Telecommunications (SingTel) said Tuesday its regional mobile user base expanded by more than 56 million users over 12 months to the end of September.

HSBC says profits 'significantly' up on last year

AFP - LONDON (AFP) - HSBC, Europe's biggest bank, said on Tuesday that pre-tax profits during the third quarter were "significantly ahead" compared with the equivalent period a year earlier.

Oil drops to $79 as hurricane weakens

Reuters - LONDON (Reuters) - Oil prices fell on Tuesday to $79 a barrel as a late-season hurricane subsided in the Gulf of Mexico and traders awaited key U.S. inventory data.

HSBC reports profits 'significantly' higher

AFP - LONDON (AFP) - HSBC, Europe's biggest bank, reported on Tuesday that underlying quarterly pre-tax profit was "significantly ahead" of figures a year earlier, saying the global economy was over...

News Corp's Murdoch warns he may block Google

AFP - SYDNEY (AFP) - Global media mogul Rupert Murdoch has accused Google of stealing from his News Corp. empire, and warned he may block the search engine from accessing its content.

China, US keen to avoid trade war: US official

AFP - BEIJING (AFP) - The United States and China will work to keep their latest tit-for-tat trade spats from escalating into an all-out war, a top US official said Tuesday, just days before a visit...

Asian stocks rise on US gains, expectations for low interest rates

The Canadian Press - TOKYO - Asian stocks extended their gains Tuesday after Wall Street touched its highest level for 2009 amid optimism low interest rates would continue to power this year's rally...

Vodafone says profits surge, to double savings

AFP - LONDON (AFP) - British mobile phone giant Vodafone on Tuesday said net profits soared 125 percent during its first half, adding that it planned to double annual cost saving to two billion...

Oil falls below $79 in Asia as Ida weakens to tropical storm ahead of Gulf Coast

The Canadian Press - SINGAPORE - Oil prices fell below US$79 a barrel Tuesday in Asia as a storm threatening oil installations in the Gulf of Mexico weakened and investors eyed a volatile...