Business

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...
The Gherkin skyscraper

The Gherkin sold to Brazilian billionaire Joseph Safra for £726m

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London iconic skyscraper The Gherkin has been sold to Brazilian billionaire Joseph Safra, the world's 46th and Brazil’s 2nd richest person, for £726 million...
Ruble

Ruble surges after central bank frees Russian currency

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The Russian ruble surged by 3.6% in midday trading after the Bank of Russia abandoned its daily controls on the value of the currency...