Finance News Archive
11-Oct-2005
- 'Ontario finance minister resigns amid police probe into business dealings (Canadian Press via Yahoo! News) TORONTO (CP) - Ontario Finance Minister Greg Sorbara resigned late Tuesday just hours after police raided his family's real estate development company as part of an ongoing criminal investigation into another company where he was formerly a director.
- 'Ont. finance minister resigns (CBC News) Ontario Liberal Finance Minister Greg Sorbara announced his resignation Tuesday evening following an RCMP raid of his family's real estate development company.
- 'Euro-zone finance chiefs see more growth without inflation (International Herald Tribune) European economic growth is rebounding without triggering greater inflation or the need for higher interest rates, euro-zone finance ministers have said.
- 'AUSTRALIA'S COMMERCIAL FINANCE COMMITMENTS DROP IN AUGUST (Asia Pulse via Yahoo! Australia & NZ Finance) Statistics Commercial finance commitments fell 5.4 per cent in August to A$24.5 billion (US$18.4 billion), new figures released today show.
- 'Ontario Finance Minister Sorbara Resigns Amid Probe (Update1) (Bloomberg.com) Oct. 11 (Bloomberg) -- Ontario Finance Minister Greg Sorbara stepped down today after federal police raided the offices of his family-owned real estate business as part of a probe of plastics maker Royal Group Technologies Ltd.
- 'GM's Delphi Costs Make Finance Stake Sale More Likely (Update7) (Bloomberg.com) Oct. 11 (Bloomberg) -- General Motors Corp., the world's largest automaker, may have to sell a stake in its Finance unit to pay costs caused by Delphi Corp.'s bankruptcy, a Standard & Poor's analyst said.