Hiring climate said to be 'modest' in coming quarter

Canadian employers expect to hire cautiously in the next three months, with job seekers more likely to have success in Western Canada than in Ontario and Quebec, according to a new survey of hiring intentions.The latest quarterly employment outlook survey from Manpower finds that employers are forecasting only a "modest" hiring climate in the April-to-June period, with new business growth at its weakest level in five months.Manpower's survey of...

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Luxembourg kills EU tax haven crackdown

The Associated Press Posted: Mar 12, 2014 1:40 PM ET Last Updated: Mar 12, 2014 1:40 PM ET European Union finance ministers failed once again Tuesday to agree on a sweeping new policy to fight tax evasion because of resistance from Luxembourg, a tiny country that long has prospered from a secretive banking culture.EU Taxation Commissioner Algirdas Semeta said their failure was disappointing because, if approved, the legislation proposing an EU-wide...

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GM recall of 1.6M cars prompts lawmaker probe

General Motors faced more pressure over its handling of a deadly defect in certain compact cars Tuesday as word leaked of a criminal investigation and two congressional committees opened probes into the matter.The Justice Department is investigating whether GM broke any laws with its slow response to a problem with ignition switches in compact cars from model years 2003 to 2007, according to a person briefed on the matter. The probe is being handled...

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