Dow and S&P 500 surge to record highs, transportation and healthcare sectors soar
The Dow and S&P 500 surged to record highs on Monday, fueled by strong performance in the transportation and healthcare sectors and increased investor...
Canada housing starts in October cool slightly, says CMHC
Canada housing starts in October at 195,707 units were marginally lower than September’s 197,763, says Canada Mortgage and Housing Corporation (CMHC). The figures represent...
Aldi creating 35,000 new jobs in the UK, planning massive expansion
Aldi, the German discount supermarket chain, plans on creating approximately 35,000 new jobs in the UK. The company announced a £600m investment plan, which would nearly...
Obama in favor of tough net neutrality rules, urging FCC to take action
Barack Obama has backed tough net neutrality rules, stating that the internet should not be divided into “fast lanes” and “slow lanes”. He is...
Blackberry seeks China penetration via Lenovo
Canadian telecommunication and wireless equipment company BlackBerry Limited is seeking partnerships to push forward its plan to expand in China, which today is the...
Update 1: Bank bailouts by the taxpayer no more, says Mark Carney
Bank bailouts by the taxpayer will be a thing of the past, said Mark Carney, governor of the Bank of England and Chairman of...
The Gherkin sold to Brazilian billionaire Joseph Safra for £726m
London iconic skyscraper The Gherkin has been sold to Brazilian billionaire Joseph Safra, the world's 46th and Brazil’s 2nd richest person, for £726 million...
Ruble surges after central bank frees Russian currency
The Russian ruble surged by 3.6% in midday trading after the Bank of Russia abandoned its daily controls on the value of the currency...
Update 1 – Royal Bank to test ‘pay with your wrist’ technology
Royal Bank of Canada (RBC) is going to pilot test a ‘pay with your wrist’ technology called Nymi which identifies the customer’s unique heartbeat...
Serco profit warning sends shares crashing
Serco Group plc., a British outsourcing multinational company, issued its fourth profit warning this year on Monday, which sent shares crashing and wiping off...