News

andy rubin

Android co-founder Andy Rubin leaves Google

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Andy Rubin, co-founder of the Android project (the most popular mobile operating system in the world) has announced he will be leaving Google after...
Oil

Why are oil prices falling? Because of America’s energy boom

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Oil prices have fallen by over 25% since their $105 per barrel of crude peak in June. This reduction in gas and other fuel...
Credit card fees Canada

Credit card fees to merchants will be cut in Canada

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Merchants will be paying lower credit card fees after banks and credit card companies came to an agreement with the Canadian Federal government. A...
WPP

Advertiser confidence hurt by China unrest, Isis and Ebola

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Sir Martin Sorrell, founder and CEO of the world’s largest advertising and PR company WPP plc., said on Friday that the unrest in Hong...
Xi Jinping

Chinese PMI declines in October, surprising economists

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China’s Purchasing Managers’ Index (PMI), which measures factory activity, fell to 50.8 in October from 51.1 in September, the National Bureau of Statistics informed...
Air Canada

Air Canada pilots vote overwhelmingly for 10-year contract

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Air Canada pilots voted by a majority of 84% in favor of a 10-year contract that allows the country’s biggest passenger carrier to use...
Sony

Sony reports quarterly loss of $1.2 billion, expects full year loss of 230 billion...

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The Japanese electronics giant Sony reported a net loss of 136bn yen ($1.2bn) for the September quarter. However, the loss was not as much as...
Consumers

US consumer spending dropped by 0.2 percent in September

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US consumer spending dropped in September by 0.2 percent, the first drop in consumer spending in eight months, according to a report by the...
Canadian Seniors

More Canadian seniors bankrupt or retiring with massive debts

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The number of Canadian seniors declaring bankruptcy is growing alarmingly, says a study carried out by the Financial Consumer Agency of Canada. Canadians are...
American Stocks

US markets reached record highs on Friday

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US markets closed at record levels on Friday, fueled by Japan's decision to ramp up its stimulus spending program. Markets in Asia and Europe...