Business

Australia

Australian banking rules should be put on hold, says CBA boss Ian Narev

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Australian regulators should postpone introducing new regulations which will force banks to add billions of dollars in extra capital, urged Ian Narev, Commonwealth Bank...
WalMart protesters Black Friday

Black Friday more moderate this year, US

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The pushing and shoving so common on Black Friday was much calmer this year in the US compared to 2013, while sales in physical...
Gold Reserves in Switzerland

Swiss reject immigration curbs, gold hoarding and new taxes on rich foreigners

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On Sunday’s referendum in Switzerland more than three-quarters of voters rejected the proposal to build up gold to 20% of the central bank’s reserves,...
Swiss Gold Referendum

Switzerland votes on gold hoarding and immigration

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Switzerland votes on Sunday on whether to protect its wealth by investing in gold, and whether limits should be set on immigration numbers. Supporters of...

Barclays Video Banking to be launched on Monday

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Barclays says it is launching a face-to-face video banking service on Monday, which it claims will be a UK banking first. The London-based multinational...
Ruble

Ruble freefall continues after OPEC maintains oil output rate

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The Russian ruble continued on its downward spiral following OPEC’s decision not to reduce oil output. Other oil-related currencies also took a beating. On...
Altalink LP

Altalink sale to Berkshire Hathaway approved by Alberta Utilities Commission

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The $3.2 billion acquisition of Altalink LP, one of Canada's largest transmission companies by Warren Buffet’s Berkshire Hathaway Energy Company, was approved on Friday...
Canada

Canada budget deficit of $744m in H1 less than $10.65bn in H1 2013

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Canada posted a budget deficit of $744 million for the first half of the 2014/2015 fiscal year compared to $10.35 billion in H1 2013/2014,...
Black Friday UK John Lewis

Black Friday online traffic jumped 307% on last year, says John Lewis

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UK chain of upscale department stores John Lewis said that the number of online visitors to its website from midnight to 6am on Black...
TSX last week Nov 2014

TSX plunges Thursday and Friday as oil price continues down

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The Toronto Stock Exchange’s SP/TSX Composite Index fell 116 points on Thursday and 177.74 on Friday to 14,744.7 as investors continued selling off energy...