News

toyota mirai

Toyota to release its first hydrogen fueled car that emits water vapor

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Toyota has announced its first fuel-cell car, the 2016 Toyota Mirai, which runs on hydrogen and only emits water vapor. The company has always been...

Intel launches MICA – a smart bracelet for women on the go

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Computer chip giant Intel is releasing a smart bracelet, called MICA, designed for women on the go. MICA is capable of providing message alerts, Facebook notifications,...
urban outfitters

Urban Outfitters missed third quarter revenue and earnings expectations

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Urban Outfitters reported third quarter results on on Monday that didn’t meet Wall Street expectations. The Philadelphia-based company posted earnings of $47.1 million (35 cents...
truste logo

TRUSTe fined by FTC for “ill-gotten gains”

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TRUSTe, the company which gives its seal of approval to sites that meet certain privacy standard, is in trouble because thousands of websites that...
chocolate

Possible global shortage of chocolate, say Mars and Barry Callebaut

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People are eating more chocolate than ever before and it could be resulting in a global shortage of chocolate. Mars, Inc. and Switzerland-based Barry Callebaut...
allergan

Actavis acquires Allergan for $66 billion in cash and stock

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Allergan Inc has accepted a $66 billion takeover bid from Irish based Actavis Plc, putting an end to the hostile takeover attempt by William...
HSBC

HSBC helped rich Belgians dodge taxes, say authorities in Belgium

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HSBC’s Swiss-based private banking arm has been accused by authorities in Belgium of helping rich Belgians dodge taxes in the latest of several tax-fraud...
Jos Schmitt

Aequitas gets green light for new stock exchange to challenge TSX

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Aequitas Innovations Inc. received approval from the Ontario Securities Commission to launch a new stock exchange aimed at challenging the Toronto Stock Exchange. The Ontario...
Chairman and CEO of Osisko, Sean Roosen

Osisko and Virginia Mines announce merger plan

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Virginia Mines Inc. and Osisko Gold Royalties Ltd. have announced their plans to merge, thus creating a royalty company that can profit from revenue...
Canadian Home Prices

Canadian October house prices rose by 7.1 percent to $419,699

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The average price of a Canadian home reached $419,699 in October, which was 7.1% higher than in October 2013, according to data published by...