News

Marc Carney - Governor of the Bank of England

Low interest rates may not last, Marc Carney warns investors

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Record-low interest rates may not last as long as investors expect, Bank of England governor Marc Carney warned in a session with other financial...
box logo

Box Inc. shares soared by over 65% in public debut

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Box Inc shares soared by more than 65% on its first day of trading. The company had an IPO of $14 and its shares climbed...
inflation

Falling gas prices helped slow Canada’s inflation rate to 1.5 per cent

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The slump in global oil prices has helped ease Canadian inflation. Last month lower gas prices helped slow the annual inflation rate to 1.5 per cent,...
house

US existing home sales fell by 3.1 percent in 2014

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The National Association of Realtors posted a report on January 23 showing that existing home sales rose by 2.4 percent to an annual rate...

SpaceX drops lawsuit against the US Air Force

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SpaceX has dropped its lawsuit against the US Air Force. Elon Musk’s spacecraft company claimed that the US Air Force unfairly awarded a contract to a...
inmersat

Inmarsat launching “world’s first” high-speed mobile broadband service

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The British satellite company Inmarsat is about to offer the “world’s first” high-speed mobile broadband service - Global Xpress. On February 1 the Inmarsat-5 F2...
Gary Cohn Goldman Sachs

Leaving EU bad for London’s future, warns Goldman Sachs boss Gary Cohn

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Leaving the European Union would be bad for the future of London as Europe’s financial center, said Gary Cohn, President and Chief Operating Officer...
Bombardier

Bombardier laying off 145 workers at Quebec railcar plant

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Bombardier Inc. said on Friday that it would lay off 145 employees at its railcar factory in La Pocatière, Quebec. The Montreal-based aerospace and...
turtle

Kemp’s ridley sea turtle washed up on Cumbrian beach dies

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A Kemp’s ridley sea turtle that was found washed up on a beach in Cumbria, North West England, has died. It was one of...
Aer Lingus

IAG raises Aer Lingus bid to €1.3bn, or €2.50 per share

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IAG increased its bid for Irish national flag carrier Aer Lingus Group Plc to €1.3 billion (£971 million), or €2.50 per share. This is...