Qatar Fund and Brookfield Property raise Canary Wharf owner bid to £2.6bn
Qatar Investment Authority (QIA) and Brookfield Property Partners have increased their bid for Songbird Estates, the majority owner of the Canary Wharf Group, to...
Canadian government approves Burger King’s takeover of Tim Hortons
The Canadian government has given the green light for Burger King’s takeover of Tim Hortons, but it established some conditions that will protect workers...
Putin warns of ‘hard times’ in state-of-the nation address
In his state-of-the nation address to parliament at the Grand Kremlin Palace in Moscow, Russian President Vladimir Putin warned of hard times to come,...
Toronto-Dominion Bank misses profit expectations
Toronto-Dominion Bank posted an increase in fourth quarter profit but failed to meet analyst expectations because of credit losses and other expenses.
TD Bank reported...
Sears posts larger 3rd quarter loss, but assures it has enough money
Sears Holdings Corp. posted a third quarter $548 million loss ($5.15 per share), versus a $534 million loss ($50.3 per share) in Q3 last...
Canadian consumer debt hits $1.513 trillion, an all time record
Canadian consumers have set a new debt record of $1.513 trillion a year in the third quarter, compared to $1.448 trillion in the second...
Royal Bank of Canada net income up 8% to C$9bn
The country’s largest financial institution, Royal Bank of Canada, posted an all-time high net income of C$9 billion for the year ended Oct 31,...
UK services sector grew faster than expected in November
The UK services sector grew more than expected in November, suggesting that economic growth may not be slowing down by as much as analysts...
World War I debt worth £1.94bn to be paid back says UK Government
Part of The World War I debt, known as The War Loan, is to be paid back, the UK government announced on Wednesday. A...
Top CEOs are less optimistic about the US economy
Top chief executives across the US are not optimistic about the future of the American economy and are planning on reducing the amount they...