Canada merchandise trade deficit shrinks to $476m
August 5, 2015 – Statistics Canada says the country had a $476 million merchandise trade deficit with the rest of…
IMF chief cannot bend rules for Greece
July 9, 2015 – The head of the International Monetary Fund (IMF) yesterday reiterated that the global financial institution cannot…
BP to pay US$18.7 billion to resolve Gulf spill claims
July 2, 2015 – BP will pay $18.7 billion to settle all civil claims stemming from the 2010 Gulf of…
GM to add 300 jobs with new vehicle program for Michigan plant
June 22, 2015 – General Motors Co today announced it will add 300 jobs and spend US$245 million for an…
United States to put woman on new $10 bill
June 18, 2015 – The U.S. will put the image of a woman on an American banknote for the first…
Boeing to build all-electric propulsion satellite for ABS
June 16, 2015 – Boeing is on contract to build ABS-8, the third all-electric propulsion 702SP (small platform) satellite for…
Intel to buy Altera for $16.7 Billion
June 1, 2015 – Chipmaker Intel announced today it will acquire Altera for $16.7 billion, accelerating a wave of consolidation…
Barclays and RBS to set aside $11bn for misconduct fines
May 22, 2015 – Barclays Plc and Royal Bank of Scotland Group Plc, which were fined $3 billion on Wednesday for…
Goldman Sachs cuts crude outlook and oil company forecasts
May 18, 2015 – Goldman Sachs has cut its long-term crude oil price forecasts and recommended investors sell shares in…
McDonald’s raising average worker wage to about US$10 an hour
April 2, 2015 – McDonald’s Corp plans to raise the average pay of about 90,000 U.S. workers to around US$10…