Ryanair increases profit guidance as winter bookings grow
Ryanair Ltd. increased its full year profit guidance by 18% on Monday, citing higher-than-expected winter bookings. The budget airline says it will reduce airfares...
Choppy trading week for Canadian markets
Canadian markets are in for a choppy trading week, with a flood of news about to come out, including earnings and economic data reports.
The...
Barrick aims to reduce debt to 7 billion dollars
Toronto-based gold mining giant Barrick Gold Corporation says it aims to cut its debt by $3.5 billion to approximately $7 billion. In a conference...
October a roller coaster month for stock markets
October was a roller coaster month for stock markets. It started marginally below a record high, slumped to a 2-year low, and then rebounded...
Landmark IBM Twitter partnership to help businesses make decisions
IBM and Twitter announced a global landmark partnership they claim will change how institutions and businesses understand their customers, markets and trends. With Twitter’s...
Gold and silver plunge to four-year lows
Gold and silver plummeted to their lowest since 2010 while the US dollar rose against all major currencies on Friday, following the surprise move...
US inflation still below target in September
US September inflation was still below the Federal Reserve’s target of 2% per year, for the 29th successive month. Subdued inflation is not only...
FairPoint Communications strikers lose health coverage
FairPoint Communications workers who are on strike have had their health coverage halted, a company spokeswoman confirmed on Saturday. About 2,000 employees in Maine,...
Russia Ukraine natural gas deal breakthrough, brokered by EU
There was a giant sigh of relief across Europe on the news that a Russian-Ukrainian natural gas deal was agreed on Friday regarding winter...
Banks in the UK could be forced to increase their reserves
Banks in the UK may have to increase their reserves to ensure the country's banks can cope with another financial crisis.
The British central bank...