Oil’s relentless decline continues on Monday
Since June oil has gone in just one direction – DOWN. On Monday, Brent Crude fell $1.77 to $67.30 per barrel in afternoon trading,...
Pratt & Whitney announces huge R&D investment in Canada
Pratt & Whitney Canada announced it will invest more than $1 billion in research and development at its Mississauga (Ontario) and Longueuil (Quebec) facilities...
Housing starts in Canada hold steady in November
Housing starts in Canada in November, at 195,792, were virtually the same as October’s 195,796, Canada Mortgage and Housing Corporation (CMHC) reported on Monday....
Sharp’s solar unit may be sold to Canadian Solar
Recurrent Energy, Sharp Corp.’s US-based solar energy development unit, may be sold to Canadian Solar Inc. The Japanese multinational electronics corporation says it has...
Sainsbury’s activist target rumor boosts shares
Rumors that British supermarket chain J Sainsbury plc is the target of a UK activist fund along with a number of foreign investors boosted...
China has record trade surplus, imports fall and export growth slows
Chinese imports unexpectedly fell in November and export growth slowed, another sign of weakness in the second-largest economy in the world.
Data released by the...
Giraffe population declining at an alarming rate, could face extinction
The Giraffe Conservation Foundation (GCF) conducted a report revealing that the overall giraffe population has dropped by more than 40 percent over the past...
Japanese third quarter economic contraction more than expected
The Japanese economic contraction in its third quarter (July through September) was much more than expected.
The revised data released on Monday revealed that the...
New Horizons space probe awake and on track to reach Pluto in 2015
NASA’s probe called New Horizons is only six months away from reaching Pluto. No other spaceship in history will have traveled such a distance...
BP slashing jobs further, following plunging oil prices
Multinational British oil & gas company BP plc. is speeding up its workforce reduction program, following the persistent plummeting of oil prices.
The London-based oil...