Burnaby Mountain protest numbers dwindle as Kinder moves in heavy equipment
After more than two dozen arrests on Thursday, protester numbers dwindled at Burnaby Mountain. Kinder Morgan spent the whole night moving heavy equipment into...
Nevsun says forced labor lawsuit is unfounded
Vancouver-based copper mining company Nevsun Resources Ltd. says a forced labor lawsuit filed against it and an African subcontractor in a British Columbia court...
Canada’s inflation up to 2.4 percent in October
Canada’s inflation rate surged to 2.4% annually in October from September’s 2%, partly driven by steep rises in shelter and food prices, Statistics Canada...
Royal Bank plans to cut workforce
Royal Bank of Canada (RBC) says it is overhauling its RBC Wealth Management division, a strategy which will lead to job losses. The company...
Network Rail gets crushing verdict from the Office of Rail Regulation
The UK’s Office of Rail Regulation (ORR) has criticized Network Rail for a string of shortcomings, and expressed concern at the reliability of some...
UK public sector borrowing fell 2.4 percent in October
UK public sector borrowing requirement, excluding state-owned banks, fell 2.4% in October to £7.706 billion, a £0.2 billion decrease compared to October 2013, offering Chancellor...
ECB ready to expand its asset-purchase programs, Draghi says
Mario Draghi, President of the European Central Bank (ECB) sent the strongest signal yet on Friday that he is ready to expand the central...
Rolls-Royce wins $5bn contract from Delta Airbus $14bn deal
Rolls-Royce Holdings plc announced a $5 billion contract to supply aero engines after Delta Air Lines confirmed an order for 50 new Airbus aircraft....
UK abandons EU bonus cap challenge
The UK government has decided to abandon its EU bonus challenge, with Chancellor of the Exchequer George Osborne saying the chances of a successful...
Gap cuts earnings forecast, appoints new brand presidents
Gap Inc downgraded its full-year earnings forecast as sales at the company’s namesake brand continued to decline and demand for its Old Navy clothing...