Business

Dow CEO

Dow Chemical ups dividend and plans $5 billion share buyback

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Dow Chemical Co., the world’s second-largest chemical manufacturer, raised its dividend and announced a planned $5 billion share buyback, which more than doubles its...
Rona Inc.

Rona posts 28.4 percent net profit increase, plans expansion

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Rona Inc., the home improvements retailer, posted a third quarter net profit increase of 28.4% on Tuesday. After seeing its first rise in same-store...
Canada

Ontario exports rebound thanks to strong US economy

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Ontario exports are set to grow by 7% in 2014 and 5% in 2015 thanks to a strong US economy, says a new report...
Saisnbury's store

Sainsbury’s joins price war in fight for survival

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Sainsbury’s posted a pre-tax loss of £290 million for the quarter ending September 27th, while at the same time announcing a £150 million additional...
Taxi vs Uber

Anti-Uber onslaught spreads across Canada to Calgary

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In response to the rapid expansion of the Uber ride-sharing service, two Calgary taxi companies have joined forces with a number of others in Montreal,...
European Court of Justice

Benefit tourism clampdown legal, says European Court of Justice

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Clamping down on benefit tourism – when unemployed European Union citizens move to another country solely to claim benefits – is legal, the European...
New rules for payday loans

Payday loan price cap starts at 0.8% per day, says UK regulator

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Payday loan firms will have an 0.8% per day price cap imposed by the Financial Conduct Authority to help make sure they do not...
American Stocks

Dow and S&P 500 surge to record highs, transportation and healthcare sectors soar

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The Dow and S&P 500 surged to record highs on Monday, fueled by strong performance in the transportation and healthcare sectors and increased investor...
Housing Starts Canada October 2014

Canada housing starts in October cool slightly, says CMHC

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Canada housing starts in October at 195,707 units were marginally lower than September’s 197,763, says Canada Mortgage and Housing Corporation (CMHC). The figures represent...
Mark Carney

Update 1: Bank bailouts by the taxpayer no more, says Mark Carney

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Bank bailouts by the taxpayer will be a thing of the past, said Mark Carney, governor of the Bank of England and Chairman of...