News

Mr. Hans-Werner Sinn

ECB will become Europe’s bad bank, says Hans-Werner Sinn

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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,...
The Boeing Company

Boeing delivers 9.4% more commercial airplanes in third quarter

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Aerospace and defense giant The Boeing Company announced on Friday that it delivered 186 commercial aircraft in Q3 2014, which is an increase of...
Senator John Hoeven (N-DK)

EPA has gone too far with water rule, says Senator John Hoeven

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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%

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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 plc

EasyJet gained ₤5 million in revenue thanks to Air France strike

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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 Airlines Ltd

Westjet adds flights to Glasgow from Halifax and Toronto

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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

IAMGold Corporation selling Niobec mine for $500 million

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International gold producer IAMGold Corporation announced on Friday that it had reached a deal with a group of companies led by Magris Resources Inc....
rsz_bitcoin

Bill Gates becomes Bitcoin advocate

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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 Loonie

Canadian dollar sinks to 88.81 cents, a six-month low

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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...
The Ebola Virus

Exxon says Ebola outbreak disrupting its West African activities

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Exxon Mobil Corp. announced on Friday that the Ebola outbreak has disrupted its offshore drilling plans in Liberia as well as other oil and...