Canadian inflation hits bank’s target of 2.0% in September
The Canadian annual inflation rate rose 2.0% in the 12 months to September, after rising by 2.1% in August.
The report, published by Statistics Canada,...
Ontario is set to begin its audit on credit unions and caisses populaires
Ontario will be reviewing the Credit Unions and Caisses Populaires Act, 1994, in an effort to help boost the Ontario economy as well as...
BHP Billiton will list its $15 billion spin-off in London
BHP Billiton has caved into pressure from UK investors to list its yet-to-be-named $15 billion spin-off of unwanted assets (mining activities that BHP does...
Yucca Mountain is a safe nuclear waste site, says NRC report
Permanent closure plans for Yucca Mountain met all safety evaluation objectives before Obama cut the plug on the Nevada waste dump, according to federal...
Capital One posted drop in third-quarter profit and revenue
Capital One Financial Corp posted a decline in third-quarter profit, affected by loan-loss provision and a marginal drop in revenue. Earnings were consistent with...
Google third quarter revenue up 20 percent to $16.52 billion
Google reported third-quarter revenue of $16.52 billion, up from $13.75 billion in the year-ago period.
However, the company revealed somewhat slow advertising growth, and a...
TSX rebounds, Canadian energy stocks spike
Canadian stocks have recovered and rebounded from a four-day slump, with energy stocks surging amid increasing speculation that recent losses were overdone.
The Standard &...
AbbVie board tells shareholders Shire acquisition not a good idea
US giant drugmaker AbbVie Inc’s Board of Directors has advised its shareholders not to vote in favor of the $54 billion acquisition of Shire...
Berkshire Hathaway sells over 245 million shares in Tesco
Warren Buffet’s investment company Berkshire Hathaway has sold over 245 million shares in the UK supermarket chain Tesco.
Berkshire Hathaway used to own 3.7% of...
WH Smith full year profits up by 9%
WH Smith has reported “strong performance”, with a 9 percent increase in full-year profit.
The UK’s leading books, newspaper and stationery chain posted pretax profit...