Office Depot posts quarterly loss

Office Depot Inc reported a second-quarter loss on Wednesday as declining spending by smaller businesses and retail customers hurt sales. The office supplies retailer had a loss of $2 million, or a

Oil slide, US glimmers of hope boost stocks

World stocks rose robustly on Wednesday as worries about oil receded, U.S. consumer confidence stabilised and corporate earnings bolstered investor sentiment. The dollar was barely changed against a basket of major currencies

Moody’s second-quarter profit falls

Moody's Corp, the parent of Moody's Investors Service, said on Wednesday that second-quarter profit fell, hurt by a steep slide in demand for credit ratings. Net income for the New York-based company

Mortgage applications slowest since 2000: MBA

Applications for U.S. home mortgages dropped to their slowest pace since December 2000 as loan rates hovering near one-year highs compounded the housing market's woes, according to data from an industry group

TFI Weekly Forex commentary

Range is still the name of the game Charis Charilaou Chief Dealer Major currency crosses are expected to stay in range ahead of next week’s central bank decisions in the Eurozone, the