CIBC confirms layoffs, more than 500 jobs affected
CIBC, one of Canada's chartered banks, and the fifth largest by deposits, said that is going to "selectively reduce a number of positions.” The...
Amazon posts Q4 profit of $214 million on sales of $29.3 billion
Amazon.com Inc posted fourth quarter profit of $214 million on sales of $29.3 billion (a 15% increase year-over-year) after a period of two straight...
Tim Hortons lays off 350 employees across Canada
Around 350 Tim Hortons employees lost their jobs this week because of a new job cutting round at the company’s regional offices and headquarters.
According...
Hershey Co. to acquire beef jerky maker Krave Pure Foods Inc
Hershey Co. announced plans to acquire the premium beef jerky maker Krave Pure Foods Inc. The purchase will allow the American candy company to...
Planet-like body with mega rings around it discovered by scientists
Scientists at the University of Rochester, USA, and Leiden Observatory, The Netherlands, discovered a massive ring system that eclipses the very young Sun-like star...
UK January retail sales performed better than expected, said CBI
UK January sales growth slowed less than analysts had expected, driven mainly by a healthy rise in clothing sales, the largest in nearly two...
88% of Brits believe global climate change is a reality
Eighty-eight percent of British people believe the Earth’s climate is changing and that humans are the cause, while only 6% think it is not....
Shell slashing investment by $15bn over next three years
Royal Dutch Shell plc announced on Thursday that it would be slashing organic capital investment by $15 billion over the next three years following...
Blue whale skeleton to replace Dippy the Diplodocus at London’s Natural History Museum
The cast of Dippy the Diplodocus dinosaur that has stood in Hintze Hall, at the main entrance of London’s Natural History Museum for the...
Eurozone told by Mark Carney currency union means sharing tax and spending decisions
If you really want the euro to work, you will need to share decisions on spending and taxes, the Governor of the Bank of...