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25 May 2017

World stocks hit record after Fed minutes, oil up as OPEC meets

World stocks hit record highs on Thursday and the dollar dipped after the US Federal Reserve signalled caution in raising interest rates, while oil prices rose in anticipation of top producers agreeing to extend output cuts for up to a year.

Canadian economy

19 Jun 2015

Canada inflation rises to 0.9% in May

Consumer prices in Canada rose 0.9 percent in May, with low oil prices continuing to slow down inflation, the government statistical agency said Friday.

27 Apr 2015

Capgemini to buy IGATE in USD 4 billion US expansion push

French IT services and consulting company Capgemini said today it was buying New Jersey-based IGATE for USD 4 billion (3.7 billion euros), boosting its US-generated business to 30 per cent of its total activity.

22 Jan 2015

Bank of Canada delivers shock rate cut as ECB gears up for QE

The Bank of Canada joined the list of "unpredictable" central banks on Wednesday with a shock quarter point rate cut as the European Central Bank prepared a 600 billion euro ($695 billion) bond-buying program aimed at lifting Europe out of its economic doldrums.

20 Jun 2014

Canada inflation rises to 2.3%

The Bank of Canada considers core inflation when setting its key lending rate, which is currently at a near-record low of one 1.0 percent.

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