Staples breach affected 1.16m cards in 115 stores
Office supply chain store giant Staples Inc. said about 1.16 customer payment cards may have had personal information stolen in a data breach which has...
UK inflation plunge poses no deflation risk or need to change policy
The steep fall in inflation does not mean there is any risk of deflation, and the Bank of England does not need to stimulate...
Canadian inflation down to 2.0 percent on lower gas prices
The big drop in Canadian gasoline prices slowed the country’s pace of inflation in November after a spike in October, giving the Bank of...
TSX enjoys 3-year weekly gain record
TSX, the Toronto Stock Exchange, recorded its largest weekly gain in three years on Friday, after rising for four successive days. The oil price...
OMERS sells Logibec to GI Partners
OMERS Private Equity has agreed to sell Logibec Inc., its healthcare IT company, to GI Partners, the two companies announced on Friday.
OMERS Private Equity...
Panic Saturday sees a deluge of shoppers cramming into British shops
Thirteen million shoppers across the UK are expected to flood into stores for their eleventh-hour Panic Saturday, which falls on the last weekend before...
Ex-RBS trader arrested on suspicion of forex manipulation
An ex-Royal Bank of Scotland (RBS) trader was arrested in Billericay in Essex on Friday on suspicion of manipulating currency markets.
A spokesperson for the...
Fed official warns of risk from a sudden interest rate hike
One of three Federal Reserve officials who dissented in its most recent policy decision has issued a warning that the US central bank is...
Canada inflation falls to 2% in November, C$ falls
Inflation in Canada in November fell to 2% (annualized) from October’s 2.4%, which was bang-on the Bank of Canada’s annual Consumer Price Index (CPI)...
Putin is extremely popular in Russia despite economic meltdown
Despite heading an economy that is entering a severe recession and a currency which fell by more than 50% this year, Russia’s President Vladimir...