News

Cruise ships will plug in and use electricity at Port of Halifax

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Cruise ships will now be able to plug in when at the Port of Halifax, Canada, rather than continuing to run their polluting diesel...
European Banking Authority

EBA stress test – 24 banks failed

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The European Banking Authority (EBA) announced on Sunday that 24 banks have failed stress tests. The EBA has given them nine months to improve...
Postmedia Network

Postmedia Network posts falling revenue in a tough market

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Toronto-based media company Postmedia Network Canada Corp. posted declining revenue but managed to reduce its annual loss by one third, as its CEO Paul...
Huge gold nugget

6.07 pound gold nugget sold for about 400,000 dollars

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A 6.07 pound (2.8 kg) ‘Butte Nugget’ of gold was bought by a “prominent Bay Area collector” for about $400,000, said Don Kagin, the...

Rates must rise now, says BoE MPC member Ian McCafferty

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Ian McCafferty, a Bank of England Monetary Policy Committee (MPC) member, says interest rates should be increased now, because the country’s dwindling spare capacity...
ECB Stress Test

13 banks failed ECB stress test, not 25 any more

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The European Central Bank (ECB) announced on Sunday that of the 25 banks that initially failed the banking stress test, 12 have already covered...
Resolution Foundation

Record 5.2 million Brits on low-paid jobs, says think tank Resolution Foundation

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The number of workers in the UK on low-paid jobs increased by 250,000 in 2013 to 5.2 million, says the Resolution Foundation, a think...
Ford Canada

Ford plant goes to Mexico, not Ontario

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Ford’s new type of engine will be manufactured in Mexico instead of Winsdsor, Ontario. According to auto workers’ union Unifor, talks with Canada’s federal...
Maui

Maui mothers urging GM crop ban

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Maui mothers are canvassing door-to-door in Maui trying to persuade residents to vote against the cultivation of GM crops because they believe they are...
Comet and Rosetta

Comet stinks of horse urine and rotten eggs

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The 67P/Churyumov-Gerasimenko (67P/C-G) comet reeks of rotten eggs and horse urine, by the way, in case you have ever wondered what comets smell like....