120 days – 1.70% + MORE Dec 20th

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As invasion threat looms, Ukraine asks for weapons — and Canada makes evacuation plans - CBC News + MORE Jan 18th

As invasion threat looms, Ukraine asks for weapons — and Canada makes evacuation plans  CBC NewsSmall group of Canadian special forces sent to Ukraine, sources confirm  CTV NewsCanada promises Ukraine financial help as it stares down threat of Russian invasion  CBC Ne.... More »
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TSX plunges 300+ points as oil hits 3-year low + MORE Dec 9th

Getty Images TORONTO — The Toronto stock market plunged over 300 points Monday, registering its steepest one-day drop since April 2013, as energy stocks were pounded amid weak Chinese trade data and a report suggesting oil has a long way to go before finding a bottom. The S&P/TSX composite.... More »
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LVMH luxury group in talks to buy French newspaper, 8 years after buying financial daily + MORE May 26th

PARIS – The world’s No. 1 luxury goods company LVMH is in talks to buy respected French newspaper Le Parisien, a purchase that would complement its other media holding, the financial daily Les Echos. A statement issued on Tuesday by LVMH said that it was in exclusive negotiations with th.... More »

Bed Bath & Beyond announces plan to raise $1 billion, stock falls 24% - Yahoo Canada Finance + MORE Feb 6th

Bed Bath & Beyond announces plan to raise $1 billion, stock falls 24%  Yahoo Canada FinanceBed Bath & Beyond Plans Share Sale in Bid to Avoid Bankruptcy  BNN BloombergBed Bath & Beyond moves to raise $1 bln to avoid bankruptcy  Reuters.comBed Bath & Beyo.... More »

60 days - 1.55% + MORE May 25th

This GIC rate is offered by Oaken Financial and was updated on 2013-11-28. Click on the link above to get more details or apply online..... More »
MOSCOW – Russian President Vladimir Putin signed a decree Friday to pardon jailed tycoon Mikhail Khodorkovsky. Here’s a look at Khodorkovsky, the implications of his imprisonment and his impending release:
WHO IS KHODORKOVSKY?
At the time of his arrest in October 2003, when special forces stormed his private jet at a Siberian airport, Khodorkovsky was the head of Russia’s largest oil producer. He was believed to be the country’s richest man, with a fortune estimated at $15 billion.
He was also a constant thorn in Putin’s side.
Putin had set out to tame the “oligarchs,” the hugely wealthy businessmen who wielded strong political power. He made it clear they could keep their wealth if they agreed to stay out of politics.
Most complied, but Khodorkovsky didn’t. He funded opposition parties in parliament, which still had the power to block Kremlin legislation. He also supported independent media as the Kremlin was taking over the last national television network outside its control…

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60 days – 1.55%

– ratesupermarket.ca

This GIC rate is offered by Oaken Financial and was updated on 2013-02-04. Click on the link above to get more details or apply online.

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A billionaire’s worry: ‘Every time I hear the stock market went up I know the guillotines are coming closer.’

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TOKYO – Japan’s government has announced that it will increase the amount of money it’s providing to the operator of the crippled Fukushima nuclear plant to step up cleanup and reconstruction efforts.
According to government-adopted guidelines announced Friday, the interest-free loans provided to Tokyo Electric Power Co. will be increased to 9 trillion yen ($90 billion), up from 5 trillion yen. The government also said it would try to recoup 3.6 trillion yen through the sale of TEPCO shares or other schemes.
Originally, TEPCO was to be liable for all costs stemming from the 2011 meltdowns at the Fukushima Dai-ichi plant. But in September, the government decided to step in and provide financial help after contaminated water leaks and other mishaps triggered public concern about TEPCO’s ability to manage the situation.
The post Japanese government increases financial help to nuclear plant operator for Fukushima cleanup appeared first on Canadian Business.

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120 days – 1.70%

– ratesupermarket.ca

This GIC rate is offered by Oaken Financial and was updated on 2013-10-17. Click on the link above to get more details or apply online.

Continue Reading On ratesupermarket.ca »

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