News

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National Bank posts higher profit and hikes dividend

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National Bank of Canada (NA.TO) reported a 14 percent increase in adjusted quarterly profit to $330 million (91 Canadian cents per share), up three...
money floating in clouds

There is a ‘huge’ pay gap between men and women in Europe

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According to the International Labour Organization, women in Europe are paid substantially less than men even if they are better educated or work better. In...
American Stocks

Dow and S&P 500 closed at record highs on Friday

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American markets closed at record highs on Friday, representing the seventh consecutive week of gains. The Dow Jones Industrial Average and the S&P 500 both...
jobs

US hiring at strongest level since 1999

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American hiring surged in November marking 2014 as the healthiest year for job growth since 1999. With 321,000 new jobs the US is now showing...
Canada Unemployment

Canada unemployment up in November to 6.6%

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Canada’s unemployment rate rose by 0.1 of a percentage point to 6.6% in November. After two months of steep gains, employment remained virtually the...
Canada

Canada’s trade surplus narrowed sharply in October to $99m

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Canada’s trade surplus with the world narrowed sharply in October to $99 million from $307 million in September. Imports rose by 0.5% to $44.8...
Scotiabank

Scotiabank posts 14% lower profit in 4th quarter due to job cut charges

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Bank of Nova Scotia, commonly known as Scotiabank, posted a 14% lower fourth quarter profit, caused by workforce reduction costs and branch closures. Net...
Honda

Honda recalling 3 million more vehicles in US

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Honda Motor Co. says it is recalling a further three million vehicles in the United States associated with exploding air bags made by Takata...
Bundesbank President

German GDP growth forecast halved by Bundesbank

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Germany’s central bank, the Bundesbank, reduced its growth forecast for the country’s economy for 2015 from 2% to 1%, despite factory orders jumping by...

Songbird rejects QIA’s and Brookfield’s raised £2.6bn bid

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Songbird Estates, which controls Canary Wharf Group, has rejected a sweetened bid of £2.6 billion ($4.1 billion) from Qatar Investment Authority (QIA) and Brookfield...