US hiring at strongest level since 1999
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 up in November to 6.6%
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’s trade surplus narrowed sharply in October to $99m
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 posts 14% lower profit in 4th quarter due to job cut charges
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 recalling 3 million more vehicles in US
Honda Motor Co. says it is recalling a further three million vehicles in the United States associated with exploding air bags made by Takata...
German GDP growth forecast halved by Bundesbank
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
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...