DHAKA, Bangladesh - The defects and errors that led to the world's deadliest garment-industry accident extend from the swampy ground the doomed Rana Plaza was built on, to "extremely poor quality" construction materials, to the massive, vibrating equipment operating when the eight-story building collapsed, a committee appointed by Bangladesh's government concluded.
BANGKOK - Japan's benchmark stock index has plummeted after a spike in government bond yields and unexpectedly weak Chinese manufacturing spooked investors.
DHAKA, Bangladesh - A government investigation found that "extremely" poor quality construction materials and a series of violations caused the collapse of a garment factory building in Bangladesh that has been called the worst garment-industry disaster in history, the committee head said Thursday.
DHAKA, Bangladesh - A government investigation found poor-quality construction materials and building code violations were among the "series of irregularities" that caused the collapse of a building housing garment factories last month in Bangladesh, the committee head said Thursday.
TORONTO - The Canadian dollar dropped nearly a penny Wednesday as the head of the U.S. central bank said that prematurely ending the Fed's $85-billion-a month monetary stimulus program could harm the world's largest economy.
TORONTO - North American markets were mixed Wednesday after U.S. Federal Reserve chairman Ben Bernanke said the central bank has considered ending its extraordinary stimulus program, but added that it is too soon to do it now.
NEW YORK, N.Y. - Lowe's said Wednesday that its first-quarter net income rose nearly 3 per cent, but results fell short of expectations as rainy weather hurt spring gardening sales.
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