Songbird rejects QIA’s and Brookfield’s raised £2.6bn bid
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...
Uber valued at $41 billion, raised $1.2 billion in latest funding round
Uber’s most recent funding round values the San Francisco based ridesharing service firm at $41 billion.
The investors, who Uber did not disclose, were...
Qatar Fund and Brookfield Property raise Canary Wharf owner bid to £2.6bn
Qatar Investment Authority (QIA) and Brookfield Property Partners have increased their bid for Songbird Estates, the majority owner of the Canary Wharf Group, to...
Canadian government approves Burger King’s takeover of Tim Hortons
The Canadian government has given the green light for Burger King’s takeover of Tim Hortons, but it established some conditions that will protect workers...
Second Cup unveils stylish revamped coffee shop in Toronto
Second Cup, the Canadian coffee shop chain, is in the midst of a huge revitalisation. The company has completely revamped one of its coffee...
Unemployment benefit claims dropped 17,000 to 297,000
Claims for unemployment benefits in the US last week was 297,000, a 17,000 drop, according to the Labor Department.
Most economists predicted a figure...
Virgin Group launching a cruise line based in Miami
The British company Virgin Group Ltd., which has enjoyed success in the airline industry, is planning on operating in the cruise business too.
On...
Putin warns of ‘hard times’ in state-of-the nation address
In his state-of-the nation address to parliament at the Grand Kremlin Palace in Moscow, Russian President Vladimir Putin warned of hard times to come,...
Enbridge boosts dividend by 33% and plans Canadian restructuring
Energy delivery company Enbridge Inc. announced on Thursday that its next quarterly common share dividend will be increased by 33%. It also unveiled a...
Toronto-Dominion Bank misses profit expectations
Toronto-Dominion Bank posted an increase in fourth quarter profit but failed to meet analyst expectations because of credit losses and other expenses.
TD Bank reported...