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Simplii and Diljit Dosanjh team up on eve of Dil-Luminati tour Feb 24th
Simplii and Diljit Dosanjh, a world-renowned Punjabi singer and actor, are joining forces to underscore the Canadian alternative financial institution’s focus on newcomers.
Fresh off an appearance at Coachella, the Diljit Dosanjh Canada tour starts in Vancouver on April 27, 2024 at BC Pla.... More »
AbbVie board nixes support of $55 billion Shire takeover; Shire to get $1.64B break-up fee + MORE Oct 20th
NORTH CHICAGO, Ill. – AbbVie is walking away from its proposed $55 billion takeover bid of Shire and has agreed to pay the rival drugmaker a $1.64 billion breakup fee.
The two companies said Monday that they deal was off following the decision last week by AbbVie’s board to withdraw supp.... More »
Energy and metals weigh on TSX as Wall St. pulls back, loonie slides lower + MORE Jan 18th
TORONTO _ Canada’s main stock index fell moderately today, as Wall Street pulled back from the record highs it set yesterday.
The S&P/TSX composite index was down 42.23 points to 16,284.47, as the base metals, gold and energy sectors lost ground.
In New York, the Dow Jones industrial avera.... More »
Premarket: Shares shrug as Trump fires off tariffs on $200-billion of Chinese goods - The Globe and Mail + MORE Sep 18th
The Globe and MailPremarket: Shares shrug as Trump fires off tariffs on $200-billion of Chinese goodsThe Globe and MailWho's afraid of the big bad trade war? Not world stock markets it seems. The response to U.S. President Donald Trump's decision to go ahead next week with collecting 10 pe.... More »
WhatsApp rolls out contact cards sharing on Windows beta - Gulf News Nov 26th
WhatsApp rolls out contact cards sharing on Windows beta Gulf NewsCan WhatsApp users share voice notes on status? Geo NewsWhatsApp to soon allow users to share voice notes as status updates India TodayWhatsApp users will soon be able to record and share voice notes a.... More »
The IMF waves goodbye to austerity
– theglobeandmail.com
Once a chief proponent of fiscal restraint following a crisis, the financial institution has somewhat changed its tune
The life of Paul Desmarais: from bus operator to connected billionaire
– theglobeandmail.com
Desmarais built Power Corp. into a massive conglomerate with hundreds of billions in assets under management
Paul Desmarais: The patient empire builder
– theglobeandmail.com
The French-Canadian entrepreneur created financial giant Power Corp. of Canada with carefully timed deals
Abu Dhabi’s Etihad boosts Virgin Australia stake to 19.9 per cent
– canadianbusiness.com
ABU DHABI, United Arab Emirates – Etihad Airways says it has nearly doubled its stake in carrier Virgin Australia to 19.9 per cent as part of the fast-growing airline’s efforts to bolster international partnerships.
The moves by Abu Dhabi-based Etihad reflect the intense competition with regional rivals Qatar Airways and Dubai’s Emirates, which made a partnership this year with Australia’s Qantas Airways.
An Etihad statement on Thursday said the carrier had increased its stake in Virgin Australia through stock purchases over the past weeks, reaching the maximum level allowed by Australian regulators. Previously, Etihad had a 10.5 per cent stake.
Etihad also holds shares in airberlin, Air Seychelles and Aer Lingus. It plans to acquire 49 per cent of Air Serbia in January 2014 and is seeking Indian regulatory clearance for a 24 per cent stake in Mumbai-based Jet Airways.
The post Abu Dhabi’s Etihad boosts Virgin Australia stake to 19.9 per cent appeared first on Canadian Business.
The moves by Abu Dhabi-based Etihad reflect the intense competition with regional rivals Qatar Airways and Dubai’s Emirates, which made a partnership this year with Australia’s Qantas Airways.
An Etihad statement on Thursday said the carrier had increased its stake in Virgin Australia through stock purchases over the past weeks, reaching the maximum level allowed by Australian regulators. Previously, Etihad had a 10.5 per cent stake.
Etihad also holds shares in airberlin, Air Seychelles and Aer Lingus. It plans to acquire 49 per cent of Air Serbia in January 2014 and is seeking Indian regulatory clearance for a 24 per cent stake in Mumbai-based Jet Airways.
The post Abu Dhabi’s Etihad boosts Virgin Australia stake to 19.9 per cent appeared first on Canadian Business.
Chinese, European central banks set up deal to exchange currencies, a sign of growing trade
– canadianbusiness.com
FRANKFURT – The European Central Bank and the People’s Bank of China have agreed to start supplying each other with their currencies — a sign of increasing trade and investment between the eurozone and China.
The currency swap agreement will last for three years and provide a maximum of 350 billion yuan ($56 billion) to the ECB and 45 billion euros ($60.8 billion) to the PBC.
The deal means the ECB can reassure banks in the 17-member eurozone that they can always borrow Chinese currency if they need it.
The ECB said in a statement Thursday that the deal will also help to ensure the stability of financial markets.
The post Chinese, European central banks set up deal to exchange currencies, a sign of growing trade appeared first on Canadian Business.
The currency swap agreement will last for three years and provide a maximum of 350 billion yuan ($56 billion) to the ECB and 45 billion euros ($60.8 billion) to the PBC.
The deal means the ECB can reassure banks in the 17-member eurozone that they can always borrow Chinese currency if they need it.
The ECB said in a statement Thursday that the deal will also help to ensure the stability of financial markets.
The post Chinese, European central banks set up deal to exchange currencies, a sign of growing trade appeared first on Canadian Business.
