European Commission €350bn investment plan launched to boost growth
A €350 billion investment plan to kick-start the Eurozone’s economy and create jobs was announced by the European Commission on Wednesday. Most of the...
Cowboy shortage and higher beef prices caused by Canada’s oil boom
Canada’s oil boom has helped push down gasoline prices, we all know that. What most people are unaware of is the cowboy shortage it...
British banking’s toxic and aggressive culture will take a generation to change
It will take the British banking sector an entire generation to effectively change its “toxic and aggressive” culture, says a joint report by the...
Daily Mail profit growth pleases investors
Daily Mail and General Trust plc. (DMGT) posted a 9% increase in pre-tax profit to £291 million for the year ended September, which was...
Tiffany posts Q3 revenue of $959.6 million, stock surged by 2.5%
Tiffany, the US multinational luxury jewelry and specialty retailer, posted lower than expected third quarter sales on Tuesday, but it was still strong enough to...
OECD nations need a stronger policy response to spur global growth
OECD nations need to act with a greater sense of urgency to avoid risks to growth, says the Organization for Economic Co-operation and Development...
Reitmans closing all 107 Smart Set stores
Montreal-based retailer Reitmans Limited announced on Tuesday that it is going to shut down all its 107 Smart Set stores over the next 12...
US consumer confidence in surprise November fall, US
November consumer confidence in the United States fell steeply to 88.7 from 94.1 in October, according to industry research group The Conference Board. Consumer...
Simons to open new stores in five Canadian cities
Quebec-based fashion retailer La Maison Simons (Simons) says it will open new stores in Ottawa, Vancouver, Calgary, Mississauga and Gatineau, starting in 2015 over...
Mortgage approvals down 16% in October, says British Bankers’ Association
Mortgage approvals in October were 16% lower than in October 2013, compared to a 10% drop in September versus September 2013, the British Bankers'...