UK GDP to grow by 2.5% in 2015, not 2.3% says NIESR
UK GDP is expected to grow by 2.5% in 2015, the NIESR (National Institute of Economic and Social Research) announced on Wednesday, and not...
Talisman Energy set on selling $2 billion in assets by mid-2015
Talisman Energy Inc has said that it is optimistic about achieving its goal of selling off $2 billion in assets by mid-2015, even as...
MasterCard and Visa cutting fees for Canadian merchants
Visa Canada Corp. and MasterCard Inc. have both submitted proposals to the Canadian government stating that they will reduce the fees they charge merchants...
Wind Mobile will remain under Canadian control, Ottawa approves buyout
Ottawa has approved the buyout of Wind Mobile’s Dutch-based majority shareholder.
The deal will keep the wireless company under Canadian control and provide it...
TransCanada Corp raises costs for its Keystone XL project up to C$8 billion
Canada’s second largest pipeline company, TransCanada Corp, has raised its estimated capital costs for its Keystone XL project from an initial projection of C$5.4...
WestJet pledges to cut fares, investors not happy
Canada’s second largest carrier West Jet Airlines Ltd. posted higher 3rd quarter earnings on Tuesday and predicted greater capital expenditure in 2014. However, after...
Saskatchewan reviewing the future of its liquor stores, possible Alberta-style privatization
Saskatchewan is reviewing the future of its liquor stores, with a possible Alberta-style privatization as one of the five options.
The five options that the...
Saudis slash oil prices to US, first salvo against shale producers
Saudi Arabia has slashed the price of oil it sells to the United States, which is clearly a shot at the booming oil shale...
UK October construction growth at 5-month low
The Markit/CIPS UK construction Purchasing Managers’ Index (PMI) fell from 64.2 in September to 61.4 in October, making it the slowest-growing month since May....
Scotiabank cutting 1,500 jobs and taking $451m charge
Scotiabank announced on Tuesday that it would be cutting 1,500 jobs globally, and will also take a total of $451 million in pre-tax charges...