The Chicago Stock Exchange is being sold to a Chinese investor group. It will be acquired by Chongqing Casin Enterprise Group, or the “Casin Group” in a transaction that is expected to close in the second half of the year. “With our new investment partners, we will have significant additional resources to pursue our new […]
What a crazy start to 2016! Of course, it is no crazier than the 3rd quarter of 2015 so far, when we had our August crash followed by a slow September bounce that led into a mega-rally that closed our year off back at the highs. At the moment, we are playing with the premise […]
Canada’s employment level was virtually unchanged last month as a net gain in Ontario jobs was offset by losses in Alberta, Manitoba and Newfoundland and Labrador. read more >>> Source : CTVNews.Ca
The Canadian economy lost 5,700 jobs in January and the unemployment rate inched up to 7.2 per cent, Statistics Canada reports. read more >>> Source : CBC.Ca
When you tweet @Velveeta and @Kraft, you probably think you’re getting through to the makers of gooey processed cheese — but the real story behind the handles isn’t what you’d expect. read more >>> Source : CNN Money
A mixed jobs report: job gains are poor with 151K but the unemployment rate is down to 4.9% and with a rise in the participation rate to 62.7%. Wages are surprisingly higher as well: 0.5% m/m and 2.5%. Revisions are balanced with a minimal drop of 2K. The US dollar is strengthening after the initial […]
I’ve heard a lot of stories about investors losing money in my time covering Wall Street. There are lots of ways to do it, and lots of ways to react to it. By far the most fascinating people to observe losing money — also the hardest to watch — are super-rich investors. The fascinating part […]
WINNIPEG, Manitoba, Feb 5 (Reuters) – The Canadian dollar’s recent fall threatens Quebecor Inc’s bid to bring back Quebec City’s beloved National Hockey League franchise, the Nordiques, by increasing… read more >>> Source : Reuters
Alberta has committed to kicking its coal habit by 2030. It is no easy task considering the province currently gets more than half of its electricity by burning the black rock. So just how do they plan to make that transition? read more >>> Source : CBC.Ca
There is Samsung of South Korea, Sony of Japan, BMW of Germany and IKEA of Indonesia. Wait! IKEA of Indonesia? Yes, at least in Indonesia, if not worldwide. read more >>> Source : CTVNews.Ca
Feb 5 (Reuters) – CME Group Inc, the world’s largest futures market operator, reported stronger-than-expected quarterly earnings as higher market data revenues helped offset a decline in trading volumes. read more >>> Source : Reuters
ArcelorMittal has said it will sell $3 billion (2.7 billion euros worth) of new shares to help reduce debt and cut costs. The world’s largest… read more >>> Source : EuroNews.Com
LinkedIn’s stock fell 30% after the company said it wouldn’t grow as strongly as investors had hoped. read more >>> Source : CNN Money
BRUSSELS, Feb 5 (Reuters) – Any British decision to leave the European Union, dubbed Brexit, would hurt the pound currency, but would not have an impact on the euro, the head of the euro zone bailout… read more >>> Source : Reuters
* Nokian Q4 EBIT 95 mln euros vs 81 mln euros in Reuters poll read more >>> Source : Reuters
If you are actively looking for work, you know the importance of adequately preparing for a job interview. These meetings, more than any other components of your search, are the events that will determine your success. You can prepare yourself by gaining a thorough knowledge of the company, how the organization is positioned in the […]
Toyota is discontinuing its Scion brand and will fold its models back into the Toyota product line. read more >>> Source : BankRate.Com
Shares in Toshiba plunged 11% after the company warned of an even deeper loss. read more >>> Source : CNN Money
Abalones, or marine snails, are a much sought-after delicacy in Asia with demanding peaking around the Chinese new year – and many are sourced from South Africa. read more >>> Source : BBC
Go anywhere near the upper echelons of a bank or finance firm right now and there’s one buzzword you’ll hear over and over again — blockchain. First invented to underpin bitcoin, blockchain technology uses decentralized record keeping and the scrutiny of the “crowd” to allow people to trade bitcoin on a public network without working […]
The first Non-Farm Payrolls for 2016 comes amid growing worries about the US economy, a big push back in rate hike expectations and after a significant dollar sell-off. Will an OK report be enough to stabilize the dollar? Not necessarily. Preview: trading the NFP with EUR/USD and you’re welcome to watch it live here: Trade […]
BEIJING, Feb 5 (Reuters) – A total of 49 people have been detained in connection with chemical blasts in the Chinese port city of Tianjin last August that killed 165 people, the government said in a report on Friday while putting losses at more than $1 billion. read more >>> Source : Reuters
FEARS over the scale of China’s terrifying debt bubble is building, as experts warn a collapse points to devastating consequences for Britain. read more >>> Source : The Daily Express
The US dollar begins the last day of the week with a small correction and some stability after the big sell-offs seen on Wednesday and Thursday. All eyes are on the first Non-Farm Payrolls report for 2016, with real expectations slightly lower than the official ones at 190K. Wages are also predicted to slide to […]
A Japanese volcano about 50 km (30 miles) from a nuclear plant erupted on Friday, Japan’s Meteorological Agency said. read more >>> Source : CNBC.Com
MOSCOW, Feb 5 (Reuters) – Russian Finance Minister Anton Siluanov said on Friday that the supervisory board of the ailing state development bank Vnesheconombank, or VEB, will discuss at the end of… read more >>> Source : Reuters
YEREVAN, Feb 5 (Reuters) – Armenia’s foreign exchange reserves totalled $1.740 billion at the end of January, down from $1.771 billion a month earlier, the country’s central bank said on Friday. read more >>> Source : Reuters
What will Chinese people be stocking up on for the start of the new year? read more >>> Source : BBC
The charity Age UK is facing further criticism – this time for selling insurance deals that may not be the best value for money. read more >>> Source : BBC
BEIRUT, Feb 5 (Reuters) – The commander of a U.S.-supported Syrian rebel group said on Friday the northern countryside of Aleppo province was completely encircled by Syrian government forces and its allies and heavy Russian bombardment continued. read more >>> Source : Reuters
American vacation destinations are trying to entice Canadian travellers by offering big bargains to help make up for the sinking loonie. read more >>> Source : CBC.Ca
AUDUSD rallied through its key resistance at the 0.7140 level on Wednesday and followed through higher on Thursday. This leaves risk of more strength on the cards. On the downside, support resides at the 0.7200 level where a breach will aim at the 0.7150 level. Below that level will set the stage for a run […]
LONDON, Feb 5 (Reuters) – The wait for U.S. monthly jobs numbers steadied stock markets on Friday and allowed the dollar to recover after its worst week in more than six years. read more >>> Source : Reuters
Another day, another two scalps for the commodity price crash. Two huge resources firms reported results on Friday, and you can add both to the pile of giants getting crushed by the falling price of raw materials. ArcelorMittal, the world’s biggest steelmaker, and BG Group, the FTSE 100-listed oil giant, both took big hits last […]
Job prospects for women are looking increasingly bleak as the so-called fourth industrial revolution puts female-dominated industries at imminent risk. In Canada, where the traditional gender employment divide persists, that could mean a big hit to the economy. read more >>> Source : CTVNews.Ca
ATHENS/SHANGHAI, Feb 5 (Reuters) – China’s COSCO is expected to make an offer for Greece’s rail network after becoming the sole bidder for the country’s largest port, two people familiar with the matter said, as the state owned shipping giant forges ahead with a plan to build a European transhipment hub. read more >>> Source […]
OSAKA, Japan (Reuters) – Foxconn should be able to reach a deal to acquire Sharp Corp over the next two to three weeks, after the two firms reached a consensus on most points at a meeting on Friday, Chief Executive Officer Terry Gou said. Foxconn, known formally as Hon Hai Precision Industry Co , has […]
But the survey of over 50 currency strategists taken this week suggested a sharp depreciation of the yuan, at least by June, was unlikely. read more >>> Source : EconomicTimes.IndiaTimes.Com
The local unit resumed lower at 67.65 per dollar as against yesterday’s closing level of 67.55 at the Interbank Foreign Exchange (Forex) market. read more >>> Source : EconomicTimes.IndiaTimes.Com
Feb 5 (Reuters) – Engineering supply group Premier Farnell Plc said it would sell its industrial products unit Akron Brass to U.S.-based IDEX Corp for $224.2 million in cash, sending its shares up as much as 10 percent. read more >>> Source : Reuters
Oil and gas firm BG Group, whose takeover by Royal Dutch Shell is almost complete, reports a rise in its in final full-year earnings. read more >>> Source : BBC
BAKU, Feb 5 (Reuters) – Azerbaijan’s central bank said it sold a total of $18.37 million on the foreign exchange market on Friday to support the national manat currency. (Reporting by Nailia… read more >>> Source : Reuters
You might think people are happiest in their jobs in the big capitals of Europe, such as London or Berlin. But those political and financial centres fail to get in to the top locations for happy worker, according to a study from the European Commission. European citizens were asked a range of questions about the […]
by Rod Collins, Director of Innovation at Optimity Advisors What are your organization’s most important assets? What is your company’s primary means for creating value? What defines the true valuation of your enterprise? If you were to look at your business’s financial statements, you might assume it’s the value of your plant, property, and equipment. […]
Feb 5 (Reuters) – Halma Plc, a health and safety device maker, said it had bought CenTrak Inc, a privately owned maker of sensors, for about $140 million (95.9 million pounds), expanding its footprint in the U.S. healthcare market. read more >>> Source : Reuters