Update 1: Finance Ministers contradict Osborne’s surcharge discount claim
Virtually all the European Union's finance ministers contradicted George Osborne's claim that he fought for and got a 50% discount on the Commission's £1.7...
Update 1: TSX pushed to 1-month high, Loonie up on jobs data
The Toronto Stock Exchange (TSX) hit a one-month high on Friday, mainly driven by a rebound among natural resource producers who responded to favorable...
Berkshire Hathaway posts 9% profit slump, including $678m Tesco write-down
Berkshire Hathaway, Warren Buffet’s multinational conglomerate posted a 9% slump in third-quarter profit compared to the same period last year. On Friday the company...
Ontario Teachers’ Pension Plan buys 7.79 million BlackBerry shares
The Ontario Teachers’ Pension Plan gave Blackberry a huge vote of confidence by buying 7.79 million shares in the smartphone company during the third...
TD Bank reaches deal on mutual fund excess fees
Toronto-Dominion Bank has reached a tentative deal with the Ontario Securities Commission regarding alleged fee overpayments by clients for 14 years. The OSC will...
Walney Extension wind farm gets green light from UK government
The UK government has given the green light for the extension of the Walney offshore wind farm, already one of the largest in the...
Canada’s unemployment rate plunges to 6.5% in October from 6.8% in September
Canada’s unemployment rate in October fell to 6.5% from 6.8% in September, with private-sector employers hiring more as they prepare for growing demand from...
News Update 2: UK’s claim of 50% surcharge discount not true, say EU ministers
The UK’s surcharge of £1.7 billion will be halved to just £850 million, Britain’s Chancellor of the Exchequer announced on Friday after meeting with...
Why do Saskatchewan civil servants get sick so often?
Why do Saskatchewan provincial government civil servants take so many sick days, the Canadian Taxpayers Federation (CTF) is asking after releasing data on Thursday...
UK September trade deficit widened with rising oil imports
The UK’s September trade deficit grew more than analysts had expected, with weak export growth to the EU and higher oil imports, the Office...