ING Groep says no insurance spin off this year, fourth quarter profits rose on asset sales

AMSTERDAM - ING Groep NV is struggling with how to repay €3 billion ($4 billion) it still owes the Dutch state from bailouts following the 2008 financial crisis but is unlikely to spin off its insurance business until some time in 2013.

Top Headlines

Rio Tinto's annual profit slides 59 per cent due to writedown of Alcan aluminum business

SYDNEY - Rio Tinto reported a 59 per cent slump in full year profit due to a writedown of its alumin...

In this Sunday Jan. 1, 2012 photo, visitors look at cars at an auto sales event in Nanjing, in eastern China's Jiangsu province. The year of the dragon rolled in with a whimper instead of a roar as Chinese industry data showed Thursday, Feb. 9, 2012, that passenger car sales in the world's biggest auto market fell 24 percent from a year earlier. (AP Photo) CHINA OUT

China auto sales plunge 24 per cent in January, hit by early dragon year holiday

SHANGHAI - The year of the dragon rolled in with a whimper instead of a roar for China's auto indust...

Tax changes send Diageo's first half net profit down 20 pct despite revenue gain

LONDON - A one-time tax hit sent profits at drinks company Diageo PLC's down 20 per cent in the last...

Switzerland's second-biggest bank Credit Suisse sinks to Q4 loss as it accelerates job cuts

GENEVA - Credit Suisse Group posted its first fourth-quarter net loss since 2008 as Switzerland's se...

French pilots' union threatens to prolong strike that has tangled traffic all week

PARIS - Passengers are facing a fourth day of cancellations and delays at French airports because of...

A currency trader reacts near the Korea Composite Stock Price Index (Kospi), at the foreign exchange dealing room of the Korea Exchange Bank headquarters in Seoul, South Korea, Thursday, Feb. 9, 2012. South Korea's Kospi rose 0.54 percent, or 10.89 points, to close at 2,014.62. (AP Photo/ Lee Jin-man)

World stock markets post limited gains as hopes intensify for an end to Greece's debt crisis

BANGKOK - World stocks moved cautiously higher Thursday as confidence rose that Greece will get its ...

Amid recession fear in Europe, central banks prepare more monetary support for economy, banks

FRANKFURT, Germany — The European Central Bank and the Bank of England are preparing to offer more e...

FILE - In this June 16, 2011 file photo, a semi truck travels under an unfinished elevated ramp, shown next to the Ambassador Bridge, both owned by trucking magnate Manuel “Matty” Moroun in Detroit. Hoping to keep two executives out of jail, the company that controls the Ambassador Bridge said Wednesday it will comply with a judge's order to complete construction of a major project intended to get big trucks off neighborhood streets. (AP Photo/Paul Sancya, File)

Judge in Detroit holds hearing in contempt case against Ambassador Bridge's billionaire owner

DETROIT - A judge in Detroit plans a hearing in contempt proceedings against the billionaire owner o...

Alberta Finance Minister Ron Liepert gets "frugal shoes" for budget speech

EDMONTON - Alberta Finance Minister Ron Liepert delivers his first — and last — provincial budget to...

RETIREMENT

Costly changes

Delaying the age of Old Age Security by two years could cost Ontario more than $200 million annually, according to the province’s Ministry of Finance.

A donated human embryo is seen under a microscope at the La Jolla IVF Clinic

TECH

Q & A: Copyright laws

Experts weigh in on SOPA and Bill C-11 and how these proposed legislations will affect Canadians online.

A sign with the 'like' symbol stands in front of the Facebook headquarters in Menlo Park, CA.

5 THINGS

Like Facebook?

5 things you should know about the most-anticipated IPO of 2012 - before you go for a piece of the action.

TECH TALK

Super Bowl

Watching the big game gets bigger when you're using the latest gadgets.

Seniors worried about retirement options

FEATURE

Pension changes

Group representing seniors says its members - normally Tory supporters - are angry over proposed pension changes.

Ottawa ponders raising age of eligibility for OAS to 67

SOUND OFF

Pension pulse

Banks say we're not saving enough for retirement. The federal government muses about raising age of OAS eligibility to 67. What's this doing to your plans?