ECB will become Europe’s bad bank, says Hans-Werner Sinn
The European Central Bank’s plan to purchase asset-backed securities and covered bonds will turn it completely into a bail-out authority and Europe’s bad bank,...
Boeing delivers 9.4% more commercial airplanes in third quarter
Aerospace and defense giant The Boeing Company announced on Friday that it delivered 186 commercial aircraft in Q3 2014, which is an increase of...
EPA has gone too far with water rule, says Senator John Hoeven
Senator John Hoeven said the Environmental Protection Agency (EPA) and the Army Corps Engineers have gone too far with their new Waters of the...
September unemployment rate down to 5.9%
In September, the private sector created 248,000 new jobs, bringing the unemployment rate down by 0.2 of a percentage point to 5.9%, according to...
EasyJet gained ₤5 million in revenue thanks to Air France strike
Air France’s two-week long pilot strike helped Luton-based airline carrier EasyJet boost revenue by ₤5 million. The low-budget giant lifted its profit forecast after...
Westjet adds flights to Glasgow from Halifax and Toronto
Canadian low-cost carrier Westjet Airlines Limited has added seasonal flights to Glasgow in Scotland from Halifax. The daily, non-stop service will commence on May...
IAMGold Corporation selling Niobec mine for $500 million
International gold producer IAMGold Corporation announced on Friday that it had reached a deal with a group of companies led by Magris Resources Inc....
Bill Gates becomes Bitcoin advocate
The digital currency Bitcoin now has a famous backer, the world’s richest person Bill Gates says he finds the virtual currency “exciting” and loves...
Canadian dollar sinks to 88.81 cents, a six-month low
The Canadian dollar continued its downward slide on Friday, reaching 88.81 cents or a six-month low at close of trading, having slipped 0.72 cents...
Exxon says Ebola outbreak disrupting its West African activities
Exxon Mobil Corp. announced on Friday that the Ebola outbreak has disrupted its offshore drilling plans in Liberia as well as other oil and...