Finance / 109

Scotiabank profit tops estimates in revival of capital markets

Bank of Montreal and Bank of Nova Scotia , two of Canada's biggest banks, beat analyst estimates for profit on Tuesday, as their capital markets businesses, la...

Expedia to cut 3,000 jobs worldwide to simplify ‘Bloated’ Business

At the time, Diller said he was targeting $300 million to $500 million in run rate cost-savings in 2020. Visit MarketWatch.com for more information on this news...

White House sends coronavirus budget request to Congress

Administration officials have been privately weighing imposing additional travel bans similar to the one the USA has already imposed with regard to foreigners w...

Bank of Canada Developing Prototype Digital Currency

The Bank of Canada has spent several years working with the country's commercial lenders to explore the creation of a DLT-based central bank digital currency ...

China, South Korea report more virus cases

The White House said more than $1 billion of the requested virus budget would go toward developing a vaccine, while other funds would be used for therapeutics a...

B.C. tells inquiry money laundering has warped economy, fuelled opioid crisis

Smith added that her members chose to push B.C.'s government for an Inquiry, after a November 2018 Global News report on a secret police study made the link be...

Forget about binging The Mandalorian on Disney+ UK at launch

We've not even got to the best part yet - Disney + subscribers will get access to never seen before movies, series, documentaries and more. At launch, over...

German business morale inches up despite coronavirus fears

Klaus Wohlrabe said if Chinese economic growth were to be 1 percentage point lower in the full year, German growth would also be around 0.1 percentage points ...

TurboTax maker Intuit nears agreement to buy Credit Karma for $7 billion

The acquisition is an obvious option for Intuit , where it will have two purposes. Observers said Sunday as reports of of a possible merger agreement sprea...

China reports 508 more virus cases, South Korea has 60 more

People today carrying protective deal with masks stroll on an overpass in Shanghai on Monday. Amid the spread of coronavirus in South Korea , hordes of peopl...

Banks to adopt blockchain in the next three to five years: JPMorgan

Over the last several years, research and investment in blockchain technology have been taken up by some famous brand names: Facebook (with their Libra coin...

China's Central Bank Vows More Steps to Support Virus-Hit Economy

Mainland China had 397 new confirmed cases of coronavirus infections on Friday , down from 889 a day earlier, the national health authority said . The World...

Gold Jumps Over 2% As Coronavirus Spread Spurs Safe-Haven Demand

The KSE-100 share index shed 1,100 points or 2.8% on Monday. In China, 508 new cases were reported and although that was up from 409 on Monday it was much l...

Alberta legislature resumes: Focus on jobs and bill to punish protesters

The corporation issued a letter by Teck CEO Don Lindsay to Canada's environment minister, stating Teck was "disappointed to have arrived at this stage". "With...

UAE central bank is monitoring job cuts in financial sector

Job losses also follow the merger of banks in the past years. The merger left hundreds of employees redundant. Sluggish economic growth is weighing on the UAE...

Canada's privacy commissioner investigating controversial facial recognition technology used by Durham police

Alberta's privacy commissioner is taking part in a national investigation of facial recognition technology supplied by USA firm Clearview AI. It added that Cl...

Sycamore Partners buys 55% stake in Victoria's Secret

Wexner continued, "We believe the separation of Victoria's Secret Lingerie, Victoria's Secret Beauty and PINK into a privately held company provides...

Costco to ban non-members from food court

Local San Diego outlet 10News verified that a Mountain View, Calif., Costco had put up a sign informing customers that they will soon be required to have memb...

Auto sales in China plummet in February over coronavirus

China vehicle sales plunged 92 per cent during the first two weeks of February in the wake of the coronavirus outbreak. According to Statista China sold ...

Contigo Reissues Kids Water Bottle Recall

Contigo toll-free at 888-262-0622 from 8 a.m.to 5 p.m. ET Monday through Friday, or online at www.gocontigo.com/recall or www.gocontigo.com and click on Rec...

Hammerson sells nine retail parks for £455m

Its tenants include fashion chains Zara, Penneys and BT2. Seven retail parks have been sold to Orion European Real Estate for around €477m. Hammerson said...

[McDonald's would make candles that scent like cheeseburgers, minus the energy]

So while it's possible these soy-wax-blend, essential-oil based, cotton-wick creations could eventually hit Canadian soil, their arrival is not nigh. The cand...

Google sued over claims it spies on United States students

The southwestern U.S. state - best known for Georgia O'Keeffe, nuclear-weapon proving grounds, and telly smash-hit Breaking Bad - alleged on Thursday that the...

WH report says economy accelerated under Trump

And once the "sugar high" of corporate tax cuts and disproportionately big marginal rate cuts for the über-wealthy wore off, there simply wasn't enough underlyi...

No winning ticket for Friday night's $65 million Lotto Max jackpot

The lump sum payment before taxes would be about $42.5 million. There was no victor of tonight's EuroMillions jackpot, worth more than €40m. Powerball i...

Tesla Gets Court Approval To Clear Forest For German Gigafactory

But now a court has given Tesla the green light to proceed. The chief executive also noted that the forest is not natural; instead, it is better described a...

Sotomayor Ignores Reason for Rise in Stay Applications: Attacks on Trump

Under the new rules, most green card applicants in the United States and overseas will now have to be evaluated under a new set of guidelines to determine whe...

Buffett calls coronavirus outbreak 'scary,' but says he won't be selling stocks

Central Time, calling only if you are ready to sell". Buffett's comments surprised Stephen Dodson, who manages the Bretton Fund, which owns Berkshire shares. ...

G20 finance ministers agree on final communique with reference to climate change

But several G20 sources said it marked progress toward greater recognition of the economic risks posed by climate change. "I did not bend to pressure from t...

This ecommerce company has joined Facebook's cryptocurrency project

Why it matters to Shopify : Chief Executive Officer, Shopify , Tobi Lukte explained that the company joined Libra's Association because of the advantages...

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