Oil price decline set to continue, warns the International Energy Agency
The oil price decline that started in June this year is set to continue, warns the Paris-based International Energy Agency (IEA), in its latest...
Germany grows by 0.1 percent in third quarter, avoids recession
Germany posted 0.1% GDP growth in the third quarter, meaning it just avoided falling into recession after contracting by a revised -0.1% in the...
Dow industrials closed at record high, up 40.59 points
The Dow industrials closed at a record high on Thursday, up 40.59 points, or 0.23 percent, to 17,652.79, driven by major gains in Wal-Mart,...
Bank of Canada considers issuing e-money
The Bank of Canada says it’s looking at the possible benefits of issuing electronic money.
Senior Deputy Governor Carolyn Wilkins highlighted the risks associated with...
Oil prices drop to four year low, Brent below $80 per barrel
Oil prices have dropped by around 4 percent to four-year lows on Thursday, with benchmark Brent took down to below $80 per barrel.
Benchmark U.S....
US budget deficit rose to $121.7 billion in October, up $31.1 billion from last...
The US Treasury Department announced that the budget deficit in October rose to $121.7 billion, up $31.1 billion from a year ago. However, the...
Amazon and Hachette end dispute, sign multiyear contract
The business brawl between Amazon and Hachette has come to an end. On Thursday they announced that they had resolved their differences and signed...
Buffet acquires P&G’s Duracell Company in a stock swap
Warren Buffet is setting foot in the battery business and reducing his stock holdings. Buffett’s Berkshire Hathaway stated that it will be acquiring Procter...
Loonie continues slide as crude oil prices hit multi-year lows
The Loonie continued its downward slide as concerns regarding crude oil oversupply sent prices tumbling. The Canadian dollar fell 0.3 of a cent on...
Keurig under attack for anti-competitive practices in Canada
Jumping Bean Coffee supports a complaint to the Competition Bureau against Keurig Green Mountain. Coffee giant Keurig’s anti-competitive practices should not be allowed to...