Jan 1 (Reuters) – Overflowing rivers receded in Missouri and Illinois on Friday after flooding swamped communities and forced towns to evacuate, but forecasters warned rain-swollen waterways could menace Southern states downstream. read more >>> Source : Reuters
The Federal Reserve closed 2015 by doing something it hasn’t done since 2006: It hiked interest rates, initiating a phase of tighter monetary policy. Since then, Wall Street analysts have been asking themselves when the next hike is coming and how many hikes there will be before the world gets back to a “normal” monetary […]
With an explosion in growth in the craft beer industry over the last decade, it’s not enough to simply have a passion for brewing and beer when it comes to starting a brewery or working for one as the industry gets more competitive. read more >>> Source : CTVNews.Ca
Wondering how you will fare financially in 2016? Here are what experts think next year will hold for financial matters close to home. read more >>> Source : CNBC.Com
Mining magnate and philanthropist Peter Munk has admitted he donated more than the legal limit to the Conservative party three different times. read more >>> Source : CBC.Ca
Canadian employment data, US Manufacturing and Non PMI, Trade Balance, FOMC Meeting Minutes, Employment data including ADP Non-Farm Employment Change, Unemployment Claims, Average Hourly Earnings, Non-Farm Employment Change and Unemployment Rate. These are the highlights opening 2016. Join us as we explore these market-movers. Last week U.S. consumer confidence edged up to 96.5 from 92.6 […]
The Wall Street Journal ran an interesting piece yesterday morning showing how the effective tax rate — taxes as a share of income — spiked up significantly in 2013 for the wealthiest taxpayers due to an increase in the tax rate on capital gains. This is important information and the piece appropriately highlights how the […]
Headhunters are not your friends. That is the simple message that one former Bank of America Merrill Lynch analyst tells every junior banker he mentors. “They may seem like it — they may try to convince you that they’re your friends — but they’re not,” he said. “They are there to place quality candidates, keep […]
Globally, the US dollar ended higher against its major rivals yesterday amid lacklustre trade due to holiday season. read more >>> Source : EconomicTimes.IndiaTimes.Com
South Korea has reopened its borders to Canadian beef after imposing a temporary ban over concerns about mad cow disease. read more >>> Source : CBC.Ca
AMSTERDAM, Jan 1 (Reuters) – Dutch police said they arrested a 29-year-old British man at gunpoint at Amsterdam’s Schiphol airport on Friday after he shouted several times that he had a bomb. read more >>> Source : Reuters
Analysts, mutual-fund managers and other forecasters are telling investors to expect lower returns from stocks and bonds in 2016 than in past years. read more >>> Source : CTVNews.Ca
MOSCOW, Jan 1 (Reuters) – About 500 people were evacuated from two railway stations in Moscow on Friday after police were tipped off about bombs being planted, RIA news agency cited an emergency services source as saying. read more >>> Source : Reuters
The average price of a London property jumped 9.2% last year to a huge £481,820, according to the Land Registry. But what’s behind the insane rise in prices? A lot has been made of the influx of foreign money, with David Cameron saying on Tuesday he was worried about London’s housing market becoming a haven […]
BEIJING, Jan 1 (Reuters) – China has created three new military units and will update equipment as well as modernising its command structure, state media said on Friday, as part of a major overhaul of the armed forces announced by President Xi Jinping in November. read more >>> Source : Reuters
NEA partner Rick Yang on what to expect in 2016 read more >>> Source : CNBC.Com
China looked set for a soggy start to 2016 after activity in the manufacturing sector contracted for a fifth straight month in December. read more >>> Source : CNBC.Com
Jan 1 (Reuters) – Overflowing rivers were receding in Missouri and Illinois on Friday after flooding swamped communities and forced towns to evacuate, with forecasters warning that rain-swollen waterways flowing downstream could menace Southern states. read more >>> Source : Reuters
MOSCOW, Jan 1 (Reuters) – Russia will file a lawsuit against Ukraine after Kiev failed to repay a $3 billion Eurobond and $75 million of interest by Dec. 31, the Russian finance ministry said late on… read more >>> Source : Reuters
Anonymous company review site Glassdoor Wednesday released its Best Places to Work in 2016 list on Wednesday. The company has published the 25 highest rated companies in the UK based on reviews on its site. Glassdoor lets people anonymously rate companies they’ve worked for, so the list is a likely a pretty honest assessment of […]
The CRTC is promising to do something about regulating video streaming this year, Peter Nowak writes. But having already blinked in the past when trying to deal with big international providers like Netflix, maybe don’t hold your breath. read more >>> Source : CBC.Ca
The BBC’s Rory Cellan-Jones reports on the possibilities of virtual reality technology – from virtual mountain climbing to overcoming phobias. read more >>> Source : BBC
The Indian rupee, despite weakening nearly 5% against the dollar, has emerged as one of the best performing currencies in 2015. read more >>> Source : EconomicTimes.IndiaTimes.Com
This year marks a “symbolic and significant milestone” for average global temperatures on land, which will reach a whole 1°C higher than temperatures before industrialisation, according to the World Meteorological Organisation. A single degree might not sound like a lot, but the effects of a warming planet can account for many of the extreme weather […]
There are only 1,826 billionaires in the world and there are some common traits that majority of them share. According to price comparison website GoCompare, which analysed data from Forbes between 1996 and 2015, there are some major factors that the world’s richest people seem to adhere to. From sharing the same star sign to […]
The Legatum Institute, a think tank based in London, on Monday released its annual global Prosperity Index, a huge survey that ranks what it calls the most prosperous countries in the world. The amount of money a country has is one factor of prosperity, but the Legatum Institute considered more than that in its ranking. […]
CAREFREE spending over Christmas has given many of us the gruelling task of paying back those bills in the New Year, but a few simple tricks can get you out of the red faster. read more >>> Source : The Daily Express
The rise of social engineering fraud read more >>> Source : BBC
SAN FRANCISCO (Reuters) – Microsoft Corp experts concluded several years ago that Chinese authorities had hacked into more than a thousand Hotmail email accounts, targeting international leaders of China’s Tibetan and Uighur minorities in particular – but it decided not to tell the victims, allowing the hackers to continue their campaign, according to former employees […]
The first export of U.S. crude oil in four decades departed a Texas port Thursday, just weeks after a ban on such exports was lifted. The ship is carrying a cargo of oil from ConocoPhillips’ wells in south Texas that was sold to Swiss trading house Vitol Group. In December, President Barack Obama signed legislation […]
SAN FRANCISCO, Dec 30 (Reuters) – Microsoft Corp experts concluded several years ago that Chinese authorities had hacked into more than a thousand Hotmail email accounts, targeting international leaders of China’s Tibetan and Uighur minorities in particular – but it decided not to tell the victims, allowing the hackers to continue their campaign, according to […]
A golden age for British entrepreneurship? read more >>> Source : BBC
Dec 31 (Reuters) – Towns in Tennessee and southern Illinois prepared on Thursday to cope with potential flooding after rain-swollen rivers washed out hundreds of structures in Missouri, Arkansas and eastern Oklahoma and forced thousands to flee their homes. read more >>> Source : Reuters
Though for many of us the year ahead may look pretty dismal, 2016 promises one great breakthrough – a major step toward ending Africa’s particular and hobbling form of the great Digital Divide. Poor connectivity has bedeviled much of the continent’s internet access (or often sheer lack of access) but now a huge improvement is […]
BERLIN, Dec 31 (Reuters) – German police evacuated two train stations in Munich late on Thursday, saying on Twitter they had received a tip regarding a planned militant attack on New Year’s Eve in the Bavarian capital. read more >>> Source : Reuters
Lord Bilimoria, founder of Cobra beer, offers the business advice he wishes he had had when he started out, as part of the BBC News series, CEO Secrets. read more >>> Source : BBC
It is pretty clear what worked best for mutual funds in 2015. Several prominent strategists who spoke with IBD expect similar results at best — more likely, slightly worse — in 2016. And they expect to find better investment opportunities outside the U.S. Eighty-nine of 2015’s 100 top-performing U.S. diversified stock funds as of Dec. […]
BROKERS expect the FTSE100 to be weighed down by low commodity prices this year, as well as slowing growth in emerging markets. read more >>> Source : The Daily Express