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...
Blackberry working with Boeing on its Black Smartphone
Blackberry Ltd is working with Boeing Co on the aerospace and defense contractor’s Android-based smartphone that can self-destruct if tampered with.
The Boeing Black phone...
A new version of the Amazon Fire Phone won’t be released next year
It looks as though Amazon is not going to be releasing a new version of its “Fire Phone” next year, according to a report...
Instagram is now worth $35 billion
Instagram is now worth $35 billion, which is nearly double its previous valuation.
The photo-sharing app, owned by Facebook, has grown much faster than expected...
Bombardier finds new launch customer for CSeries commercial jet
Bombardier has a new launch customer for its CSeries commercial jet. The company has not identified who the new customer is though.
“It (the client)...
Calgary cancer centre could be delayed because of low oil prices
The plunge in oil prices has given Alberta “no other alternatives” but to cancel or delay capital projects in the province, such as Calgary’s...
Oil gains 5 percent as January contract nears expiry
Oil gained 5 percent on Friday, which is the biggest one day surge in more than two years.
U.S. West Texas Intermediate crude futures gained...
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...