News

Torstar earnings jump boosted by Harlequin sale

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Toronto-based media company Torstar Corp. posted significantly higher third quarter earnings, which were boosted by the sale of romance and women's fiction publisher Harlequin...
Professor Christian Dustmann, Migrants

UK gets £4.96bn surplus from EU migrants

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European migrants have paid in £4.96 billion more in taxes to the UK than they cost in benefits, says a report published on Wednesday...

Young unemployed Canadians should work for free, BoC Governor says

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Young unemployed Canadians should consider unpaid work, Stephen Poloz, Governor of the Bank of Canada said. It is important that they bolster their resumes...
John Menzies plc

Menzies Aviation profit warning, boss leaving immediately

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Menzies Aviation, part of John Menzies plc, issued a profit warning and added that Craig Smyth, the aviation unit’s managing director, would be leaving...
NIESR

UK GDP to grow by 2.5% in 2015, not 2.3% says NIESR

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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

Talisman Energy set on selling $2 billion in assets by mid-2015

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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...
credit cards

MasterCard and Visa cutting fees for Canadian merchants

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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

Wind Mobile will remain under Canadian control, Ottawa approves buyout

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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...
pipeline

TransCanada Corp raises costs for its Keystone XL project up to C$8 billion

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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 Ltd

WestJet pledges to cut fares, investors not happy

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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...