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Business Highlights + MORE Dec 31st
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How to spend $5 trillion: A record-breaking year in deals
NEW YORK (AP) — Companies around the world spent a record $5.04 trillion on acquisitions in 2015, according to Dealogic, as slow worldwide economic growth and low interest rates pushed companies to combine forces.
Dealogic, a financial .... More »
What to consider before transferring RRSP money to a company pension plan Jun 3rd
Q. A few years ago, I joined a public sector employer with a hybrid defined-benefit, minimum-guarantee pension plan that will allow me to move RRSP contributions made elsewhere, into the employer’s plan.
I have been told that the transferred money would have to remain locked-in until I retire or l.... More »
My Favourite Canadian Dividend Stocks + MORE Jul 11th
Save, invest, prosper with My Own Advisor.
My Favourite Canadian Dividend Stocks This is a guest contribution by Nick McCullum of Sure Dividend. Sure Dividend uses The 8 Rules of Dividend Investing to systematically identify high-quality dividend stocks suitable for long-term investment. Sure Divi.... More »
Honeywell planning to spin off assets into two new companies: sources Oct 9th
Honeywell International Inc. plans to spin off non-core assets and create at least two new publicly listed companies, sources say
.... More »
India businesses say shock currency swap painful but needed + MORE Nov 10th
NEW DELHI – Delivering one of India’s biggest-ever economic upsets, Prime Minister Narendra Modi this week declared the bulk of Indian currency notes no longer held any value and told anyone holding those bills to take them to banks.
Only those holding huge stashes of untaxed “blac.... More »
Mainstream moderate Portuguese parties expected to prevail in election despite more austerity
– canadianbusiness.com
LISBON, Portugal – Moderate mainstream parties were expected to triumph in Portugal’s general election Sunday, after more radical alternatives failed to exploit public discontent over austerity measures.
The centre-right coalition government was close to re-election, opinion polls indicated, despite enacting tax increases and cutting pay, pensions and public services over the past four years.
Those policies were part of a eurozone plan to restore the 19-nation bloc’s financial health following its debt crisis. The government has warned the country can’t afford to go back to the borrow-and-spend programs of the past and must remain frugal till its debt load is lower.
The government’s closest rival was the centre-left Socialist Party, the main opposition force, which also accepts eurozone financial rules but promises to start easing the tax burden and speed up growth through domestic consumption.
Unlike in some other eurozone countries, no prominent radical parties fighting austerity have emerged during the tough times…
The centre-right coalition government was close to re-election, opinion polls indicated, despite enacting tax increases and cutting pay, pensions and public services over the past four years.
Those policies were part of a eurozone plan to restore the 19-nation bloc’s financial health following its debt crisis. The government has warned the country can’t afford to go back to the borrow-and-spend programs of the past and must remain frugal till its debt load is lower.
The government’s closest rival was the centre-left Socialist Party, the main opposition force, which also accepts eurozone financial rules but promises to start easing the tax burden and speed up growth through domestic consumption.
Unlike in some other eurozone countries, no prominent radical parties fighting austerity have emerged during the tough times…
