G20 concludes Brisbane meeting, agree to action to boost growth + MORE Nov 17th

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Like many tech-savvy Millennials, Mallory Greene always knew she wanted to launch her own start-up. She mulled over ideas and options while building up her resumé at the investment company Wealthsimple, where she was the head of corporate social responsibility. For several years, she just had no id.... More »

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Business Highlights + MORE Jun 13th

___ Greece set to present fresh proposals to break impasse ATHENS, Greece (AP) — Greece said Friday it will present its creditors with new proposals over the weekend in an attempt to breathe life into stalled bailout discussions that have stoked fears of the country’s bankruptcy. Confirmatio.... More »
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The two organizations have been negotiating since April the purchase of as much as $10-billion (U.S.) of General Electric’s financial assets .... More »
TOKYO – Japan’s economy unexpectedly shrank in the third quarter as housing and business investment declined following a tax hike, dragging the country into a recession and further clouding the outlook for the global economy.
The world’s third-largest economy contracted at a 1.6 per cent pace in the July-September quarter, the government said Monday, contrary to predictions it would grow after a big drop the previous quarter. The surprise deepens uncertainty when China’s growth is slowing and the 18-country eurozone grew only 0.2 per cent in the same quarter.
The gross domestic product figures showed across-the-board weakness in demand among consumers, manufacturers and builders. Many individuals and companies had spent money before the sales tax was hiked in April from 5 per cent to 8 per cent, and spending has languished since then.
“The impact of the sales tax was much more severe than expected,” said Junko Nishioka, an economist at RBS Japan Securities…

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China's New Old Financial CapitalA stock-exchange deal shows Hong Kong’s advantage over Shanghai.

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ST. PETERSBURG, Fla. – Financial statements show the Poynter Institute lost $3.5 million last year.
President Timothy A. Franklin said it’s been a challenging few years for all media organizations, including the St. Petersburg-based school and media strategy centre that teaches journalists from around the world.
Franklin said in a statement that Poynter is growing new sources of income for the long term.
Franklin revealed a plan this spring that includes more custom teaching and expansion of international programs.
Earlier this week, The Tampa Bay Times (http://tinyurl.com/o3lafls) reported that the University of South Florida System is exploring the purchase of 3.7 acres of the institute’s vacant land. The property would reportedly be sold for $6.2 million.
The Institute owns Times Publishing Co., which publishes the Tampa Bay Times and Florida Trend magazine.
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Information from: Tampa Bay Times (St. Petersburg, Fla.), http://www.tampabay.com.
The post Financial records show renowned journalism centre Poynter Institute lost $3…

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Citing risks from financial markets and geopolitical tensions, the leaders said the global economy is being held back by lacklustre demand

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