Craig Martin retiring as CEO and President of Jacobs Engineering Group
Craig L. Martin will be retiring as CEO and President of Jacobs Engineering Group Inc on December 26, 2014.
Martin, who has worked at Jacobs...
Canadian dollar rallied to a three-week high against the US dollar
The Canadian dollar rallied to a three-week high against the US dollar on Friday following Canadian inflation data that was stronger than expected.
Canada’s inflation...
Do Labour champagne socialists no longer represent the working classes?
It is one thing to say you are a socialist, and another to say you are and live in a £3 million home. But...
China cuts rates, less profitability for lenders
The Chinese central bank unexpectedly cut rates on Friday, reducing the benchmark lending rate by 0.4 percent down to 5.6 percent, and lowering its...
Medibank flotation $5.7bn proceeds to be invested in infrastructure
The flotation of Medibank, Australia’s biggest private health insurance company, will earn the Government $5.679 billion. Finance Minister Mathias Cormann said the proceeds will...
Offshore yuan center being created in California, says ICBC
Los Angeles signed an agreement with China's Industrial and Commercial Bank (ICBC) to create an offshore yuan center in California as a means of...
Brazil’s JBS buys Australia’s Primo Smallgoods for $1.45bn
The world’s largest food-processing company, JBS S.A., is buying the southern hemisphere’s largest producer of ham, bacon and *smallgoods, Primo Smallgoods, for $1.45 billion.
*Smallgoods”...
Fed to tighten commodities rules for Wall Street banks
The Federal Reserve is planning on making it more difficult for Wall Street banks to place large bets in the commodities markets, according to...
Eurozone and China central banks move to boost economic growth
The European Central Bank’s (ECB’s) and the People’s Bank of China’s moves to boost economic growth on Friday pushed up stocks across the globe,...
TSX up 50.14 points on Friday hitting a near 2-month record
The Toronto Stock Exchange (TSX) reached its highest level in almost two months on Friday with resource companies and commodity prices rising strongly amid...