Markets

Failure to tax the rich hits girls hardest: Oxfam

Melanie Gallant, campaigns manager at Oxfam Canada, called the income inequality "staggering". "It's just these staggering figures". The report notes the de...


Deciem founder Brandon Truaxe dead at 40, says company executive

In a letter about the partnership, Truaxe described Estée Lauder as approaching the investment "with more love than I could express in words". Despite the tum...


Former diplomats urge China's President Xi Jinping to 'immediately release' detained Canadians

Huawei CFO Meng Wanzhou was arrested in the Canadian city of Vancouver on 1 December 2018, for reportedly failing to comply with USA sanctions against Iran, and...


Ghosn offers stock, passports for bail

Ghosn's new bail request comes after a judge in Tokyo denied a request for bail last week, with his jail time potentially extending to March 10, 2019. Late Sund...


China's economic growth sinks to 3-decade low in 2018

The rate of natural increase in population, deducting the number of deaths, also slowed to the lowest since the aftermath of a disastrous starvation in the earl...


First production 2020 Toyota Supra sold for £1.63M at auction

According to Ford, the most-powerful factory Mustang ever built was sold to Craig Jackson, the chairman and CEO of Barrett-Jackson. The auto comes with a matte ...


World economy forecast to slow in 2019 amid trade tensions

Downgrades for Germany and Italy were to blame for the IMF's decision to reduce its world growth forecast for this year to 3.5 per cent, below its October pro...


China's Growth Slumps to Lowest Since 1990

Tariffs are scheduled to rise to 25 percent on some $200 billion of Chinese-made goods if the U.S and China can not reach an agreement to put aside the trade ...


International Monetary Fund cuts global growth forecasts

For Canada, the IMF's estimate for growth in 2019 was 1.9 per cent, down from a forecast in October for growth of 2.0 per cent. The global economy is projec...


China population rises 15.23 million in 2018, but rate slows

According to the latest figures from Beijing , China's economy grew by 6.6% last year, the lowest since 1990, the year after the Tiananmen Square massacre, t...


Trump Calls Off US Delegation's Trip to Davos Summit

U.S. President Donald Trump has canceled his delegation's trip to a global economic summit this month, according to the White House. In a move that appeared...


Massive data leak affects 2 billion logins, emails and passwords

This is risky to individuals who use the same email and password combination for multiple accounts. Hunt says it's hard to see where the info originated from,...


Google fined $57 million for lack of transparency

France's top data-privacy agency, known as the CNIL, said Monday that Google failed to fully disclose to users how their personal information is collected and w...


May seeks bilateral deal on Irish border to break Brexit impasse

Limiting the Irish-border backstop to five years could be part of the solution to end the Brexit impasse, Polish Foreign Minister Jacek Czaputowicz suggested, a...


Stranded United passengers spend the night on jet after plane diverted

According to CNN the incident happened on Saturday when the flight had stopped at the Goose Bay Airport in Newfoundland, Canada after a medical emergency. "I...


China economy grows at slowest pace in 28 years

The statistics bureau did not suggest a reason for the birth rate decline but economic growth past year fell to its lowest in almost three decades. Economis...


Ryanair issues fresh profit-warning; blames lower fares

The new range would represent a 24-31% fall from the record €1.45 billion post-tax profit Ryanair booked in its most recent financial year. The Irish carrier ...


Inflation rate ticks up to 2% in December

Overall, 2018 saw inflation finish above the central bank's target for the first time in seven years - averaging 2.3 per cent last year from 1.6 per cent in 201...


Ford Mondeo facelift revealed with new hybrid estate version

The most obvious novelty in the cabin is the new rotary shift dial for the automatic transmission. The cosmetic stuff isn't enormous, but there are new grille...


To make Model 3 more affordable Tesla cuts jobs

The bet paid off in the short term: The third quarter of 2018 brought record-breaking profits for Tesla after two years of negative cash flow. Musk, in a me...


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