Canadian gas prices plummet below $1 per litre
Consumers across Canada are enjoying lower gas prices, with the price of crude dropping to its lowest level in over four years, but is...
BCE acquiring Glentel for C$594m in cash and stock deal
Montreal-based telecommunications company BCE Inc. announced on Friday it is acquiring Burnaby-based multi-carrier mobile products distributor Glentel Inc. for approximately C$594 million ($520 million)...
Fes Watch – an E-paper watch developed by Sony
Japanese multinational giant Sony Corporation has developed a “a minimalist monochrome” e-paper watch - The Fes Watch - as part of its experimental drive...
Canadian economy growing at 2.8%, but oil price fall will push that down in...
Canada’s GDP grew by 2.8% annually in the third quarter, according to a Statistics Canada report issued on Friday, which was considerably higher than...
Alberta oil producers shudder at falling oil prices
Alberta oil producers face worsening economic conditions as oil prices continue sliding. Even the larger companies have joined their smaller rivals in expecting budgets...
Eurozone inflation slides closer to deflation danger zone
Inflation in the Eurozone slid to 0.3% in November compared to 0.4% in October, bringing the currency bloc dangerously closer to a deflationary spiral...
Drax and InterGen fined £39m for failing low income households
Drax Power and InterGen have been fined a total of £39 million for failing to meet energy measures to households in low-income areas.
Ofgem, the...
UK house prices soften further in November
Annual UK house price growth fell to 8.5% in November compared to 9% in October, marking the third successive month of declining rises, says...
Unemployment benefits applications rise, sluggish wage growth
For the first time in months the number of Americans applying for unemployment benefits has increased.
Last week the total number of applications rose by...
Audi developing an electric vehicle to compete with the Tesla Model S
Audi is the midst of developing an all-electric car to compete with Tesla’s Model S. The car will use technology from Audi’s R8 e-tron.
According...