ASK Italian and Zizzi in talks to be acquired by Bridgepoint
Two of the UK’s most well known casual dining chains, ASK Italian and Zizzi, are likely going to be acquired by the private equity...
Inflation in the Eurozone drops as oil prices plunge
With oil prices plunging inflation in the eurozone has fallen by 0.3 percent in the year to December, according to official figures released on Friday.
The European...
OPEC decision has hit US oil companies hard
A day after OPEC made its decision not to cut oil production the prices of oil dropped their lowest levels since 2010 and oil...
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...