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Is Saudi crown prince Mohammed bin Salman hiding his mother from the king? - South China Morning Post + MORE Mar 16th
South China Morning PostIs Saudi crown prince Mohammed bin Salman hiding his mother from the king?South China Morning PostSaudi Arabian Crown Prince Mohammed bin Salman has garnered international intrigue in the months since manoeuvring to become next in line for the throne. Part of that plan was se.... More »
China Evergrande ordered to liquidate in landmark moment for crisis-hit sector - Reuters Jan 29th
China Evergrande ordered to liquidate in landmark moment for crisis-hit sector ReutersHong Kong court orders Chinese property developer Evergrande to liquidate CBC NewsLive news: Evergrande ordered to liquidate as China property crisis continues Financial PostChina E.... More »
Hudson’s Bay properties in focus as RioCan calls creditor filing ‘disappointing’ - BNN Bloomberg + MORE Mar 18th
Hudson’s Bay properties in focus as RioCan calls creditor filing ‘disappointing’ BNN BloombergHudson's Bay's demise marks the death of the traditional department store in Canada CBC NewsWhat could the liquidation sales be like at Hudson’s Bay? Retail experts weigh in&nb.... More »
3 financial goals to kick-start the new year Jan 16th
Over the holidays, many Canadians made new year’s resolutions related to their career, health and family. If you haven’t added any financial goals to your list, now is the perfect time. Let’s look at three things you can do that could significantly impact your financial well-being this year—.... More »
Banks poised to report strong Q2 despite housing slowdown: analysts + MORE May 22nd
Canada's biggest banks are upping the ante in the mortgage wars amid slowing growth and national housing sales at lows not seen in several years, but analysts say real estate market woes won't dent lenders' earnings, just yet..... More »
David Cameron paid the price for his bad bet – Toronto Star
– news.google.ca
Toronto StarDavid Cameron paid the price for his bad betToronto StarThursday's Brexit vote didn't result in a massive financial collapse, but the world is now in uncharted waters. Britain's Prime Minister David Cameron and his wife Samantha walk back into 10 Downing Street, London, after speaking to the media on Friday.Canadians living, working in Britain fear consequences of BrexitCTV NewsThe Brexit side: divided, disgraceful and victoriousHerald ScotlandMichael Gove to back Boris Johnson in Conservative leadership fightFinancial TimesTelegraph.co.uk -Macleans.ca -The Guardian -BBC Newsall 13,319 news articles »
European leaders debate timing of UK's exit; Britons sign petition for new EU vote – The Globe and Mail (subscription)
– news.google.ca
The Globe and Mail (subscription)European leaders debate timing of UK's exit; Britons sign petition for new EU voteThe Globe and Mail (subscription)German Chancellor Angela Merkel sought on Saturday to temper pressure from Paris, Brussels and her own government to force Britain into negotiating a quick divorce from the EU, despite warnings that hesitation will let populism take hold. Brexit …Brexit: Merkel says 'no need to be nasty' in leaving talksBBC NewsGermany's Merkel signals sober separation from EU 'partner' BritainReutersEU Reaction to Brexit Suggests DivisionsWall Street JournalThe Australian Financial Review -Daily Mail -Los Angeles Times -Express.co.ukall 390 news articles »
TransCanada takes next step to get $15 billion for Keystone XL rejection
– canadianbusiness.com
CALGARY – TransCanada Corp. is moving forward with its attempt to seek more than $15 billion compensation under the North American Free Trade Agreement following the U.S. government’s rejection of the company’s proposed Keystone XL pipeline.
The Calgary-based company made a formal request for arbitration from the International Centre for Settlement of Investment disputes under the trade deal on Friday, after giving notice of its intention to make the claim back in January.
The request says talks with the U.S. government to resolve the dispute began in April, but the two sides failed to reach an amicable settlement.
Similar to the notice TransCanada filed in January, the company alleges in the compensation request that the government concluded numerous times that the pipeline would not have a significant impact on greenhouse gas emissions.
Still, TransCanada contends the government rejected the pipeline to appear strong on climate change.
It alleges that, as a signatory to NAFTA, the U…
The Calgary-based company made a formal request for arbitration from the International Centre for Settlement of Investment disputes under the trade deal on Friday, after giving notice of its intention to make the claim back in January.
The request says talks with the U.S. government to resolve the dispute began in April, but the two sides failed to reach an amicable settlement.
Similar to the notice TransCanada filed in January, the company alleges in the compensation request that the government concluded numerous times that the pipeline would not have a significant impact on greenhouse gas emissions.
Still, TransCanada contends the government rejected the pipeline to appear strong on climate change.
It alleges that, as a signatory to NAFTA, the U…
British bracing for world economy to punish UK for ‘Brexit’
– canadianbusiness.com
LONDON – The British were warned for weeks that a vote to leave the European Union would result in economic pain. Now they’ll find out whether it will.
U.K. financial leaders are scrambling to reassure households, businesses and investors that they can contain the doom and gloom they had predicted in case of a British exit, or Brexit. The pound plunged to its lowest level in over 30 years on Friday, raising concerns about price inflation, and shares in the U.K.’s biggest banks and real estate builders posted double-digit declines as economists predicted the country would fall into recession.
Economists slashed their forecasts for Britain, with some expecting a recession and next to no growth next year. That’s a sharp reverse for an economy that had been among the best-performing in the developed world in recent years.
In an early sign of problems, Moody’s Investors Service downgraded the U.K. outlook from “stable” to “negative.” The referendum result, it said, “will herald a prolonged period of uncertainty for the UK, with negative implications for the country’s medium-term growth outlook…
U.K. financial leaders are scrambling to reassure households, businesses and investors that they can contain the doom and gloom they had predicted in case of a British exit, or Brexit. The pound plunged to its lowest level in over 30 years on Friday, raising concerns about price inflation, and shares in the U.K.’s biggest banks and real estate builders posted double-digit declines as economists predicted the country would fall into recession.
Economists slashed their forecasts for Britain, with some expecting a recession and next to no growth next year. That’s a sharp reverse for an economy that had been among the best-performing in the developed world in recent years.
In an early sign of problems, Moody’s Investors Service downgraded the U.K. outlook from “stable” to “negative.” The referendum result, it said, “will herald a prolonged period of uncertainty for the UK, with negative implications for the country’s medium-term growth outlook…
