News

PasswordBox and Intel

Intel acquires PasswordBox for undisclosed amount

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Semiconductor chip maker Intel Corp. announced on Monday it had bought Montreal-based PasswordBox, a digital life manager that allows people to store, retrieve and...
Bank of England

Mortgage approvals hit 16-month low, consumer credit at 8-year high, UK

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Mortgage approvals were at a 16-month low in October, lower than in any month since June 2013, while consumer lending soared, the Bank of...
Ruble collapse

Ruble crash hits all-time low of 50 per dollar

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The ruble continues on its downward spiral, smashing past the 50 per US dollar barrier, marking an all-time low, as declining oil prices and...
MarkitCIPS PMI UK November

UK manufacturing grows slightly in November driven by domestic demand

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UK manufacturing increased marginally in November, driven by strong demand at home while new export orders remained subdued, says a new report published by...
UK road spending plan

£15bn ‘road investment strategy’ for England to be announced by Government

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The Government is to announce a £15 billion ‘road investment strategy’ for England, which will include a tunnel on the A303 at the prehistoric...
BG Group new CEO Helge Lund

BG Group blinks at shareholder revolt and slashes new CEO’s share award

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BG Group backed down after one of the UK’s biggest shareholder revolts and slashed incoming CEO Helge Lund’s share award from £10 million to...
China

Chinese manufacturing growth slows to eight-month low

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Chinese manufacturing growth slowed down in November to an eigth-month low, an indication that China’s economy is losing momentum. The Purchasing Managers' Index (PMI) dropped...
TSX

Canadian markets will be under pressure this week

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Canadian markets are expected to be under pressure this week after the TSX rally coming to a halt after slumping oil prices and a...
drone

FAA says collisions between drones and airplanes is a serious concern

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The FAA has said that the collisions between drones and airplanes is now a real concern. According to the FAA, there have been 25...
Consumers

Number of shoppers on Black Friday down from last year

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The way American consumers shopped this Black Friday was drastically different to previous years. With the US economy booming back to life people are...