FRANKFURT - The European Central Bank revised its economic growth projections downward on Thursday, and its president, Mario Draghi, indicated that the central bank would be prepared to increase its stimulus program if necessary.
OTTAWA—Canada's trade deficit narrowed in July, beating expectations and bolstering hopes the economy is improving after a weak first half of the year.
AOL, now owned by Verizon Communications Inc., VZ 1.35 % has agreed to buy mobile advertising company Millennial Media Inc. MM 29.20 % for about $250 million, a move to grow its app monetization services.
The U.S. Federal Reserve will need to raise interest rates soon if the dollar is to push much higher, according to a Reuters poll of foreign exchange strategists.
CHICAGO, Sept 3 Metals company Alcoa Inc said on Thursday it will invest $60 million to expand its research and development center in Pennsylvania to explore ways to make 3D printing viable on an industrial scale to produce parts for the aerospace, ...