CanJet, a Halifax-based charter airline, will be suspending flight operations effective today, the company's president says.
Source :CBC | Business News http://ift.tt/1JvLcNN
Affichage des articles dont le libellé est business operations. Afficher tous les articles
Affichage des articles dont le libellé est business operations. Afficher tous les articles
mardi 1 septembre 2015
CanJet, Halifax-based airline, to suspend flight operations indefinitely
Source :CBC | Business News http://ift.tt/1JvLcNN
Canadian greenhouse gas emissions from electricity cut by 22% in 5 years
The electrical generating sector reduced greenhouse gas emissions by 5.8 per cent in 2014 and 22 per cent over the past five years, the Canadian Electricity Association says.
Source :CBC | Business News http://ift.tt/1Ew8ZAe
Google unveils new logo, branding
Google has unveiled a new logo and branding designed to let people know they're using Google no matter what device or app they're on.
Source :CBC | Business News http://ift.tt/1PJf8K1
Yahoo CEO Marissa Mayer expecting twin girls
Yahoo Inc. chief executive Marissa Mayer announces in a Tumblr post that she is pregnant with twins due in December.
Source :CBC | Business News http://ift.tt/1FgtSKU
TSX dumps 300 points as oil loses $3 a barrel
The Toronto Stock Exchange loses more than 300 points after Statistics Canada numbers showed Canada's economy shrank the first half of 2015.
Source :CBC | Business News http://ift.tt/1NVldou
Gas shortages to continue in Nova Scotia if supply management not fixed
As the gas shortages across the province start to ease, an analyst warns the fuel drought that hit Nova Scotia over the weekend is likely to recur if changes aren't made to the management of supply.
Source :CBC | Business News http://ift.tt/1Uk6xEi
Why a big slump in South Korea’s exports matters
A rarer sight these daysNEW trade figures from South Korea on September 1st surprised even the gloomiest of economic forecasters. The country’s exports shrank by the largest annual amount in six years, down 14.7% last month from a year earlier to under $40 billion, according to the ministry of trade, industries and energy. Few analysts had expected more than a 6% drop: though exports have dropped every month since January, they declined just 3.4% in July in annual terms. Morgan Stanley, an investment bank, tempered its growth forecast for South Korea down to 2.3% from 2.5% for the year.
Exports account for roughly half of South Korea’s GDP—and a quarter of all those go to China, its biggest trading partner. South Korea has been struggling with the rise of its currency, the won, against the Japanese yen in key export markets; now China’s successive devaluations have started to bite. Provisional figures released today showed that South Korean car shipments dropped steeply in August, by nearly a third. Though exports of smartphones rose, fast-rising Chinese handset makers are increasingly vying with Samsung...Continue reading
Source :Business and finance http://ift.tt/1NVdJBG
Penn West cuts 400 jobs
Penn West Petroleum Ltd. is cutting its workforce by 400 full-time employees and contractors, with most of the cuts coming at the company's head office in Calgary.
Source :CBC | Business News http://ift.tt/1EvaOxq
When a 26% plunge in GDP feels fine
WITH unemployment at 25%, government debt at more than 170% of GDP, and the country’s politics in turmoil, the 26% peak-to-trough decline in output brought about by the euro-zone crisis has been highly traumatic for Greece. Yet the government of Macau, the one-time Portuguese colony now the world’s gambling capital, just released figures showing that the territory’s GDP fell by 26.4% year-on-year in the second quarter. But at first blush Macau’s real economy appears to be doing rather fine. In spite of the steep fall in GDP, unemployment remained at its full employment level of 1.8%, private consumption grew and the territory’s government ran a budget surplus. Is the Macanese economy also about to run off a cliff?
It turns out that not all GDP is created equal. Macau, which in 2014 boasted GDP per head of $89,000, owes its prosperity to its casinos, which alone account for almost half of total output. The Chinese government’s anti-corruption campaign has caused gaming revenues to decline by 40% and other tourism revenues to fall by 21.5%. With gaming and tourism accounting for such a large share of total...Continue reading
Source :Business and finance http://ift.tt/1KChniT
Source :Business and finance http://ift.tt/1KChniT
GDP figures from Statistics Canada expected to show slide into recession
Statistics Canada is releasing GDP data today that is expected to show that the country slipped into a technical recession in the second quarter.
Source :CBC | Business News http://ift.tt/1JuthHp
U.S. border wall floated by Scott Walker would be logistical nightmare
A barrier along the Canada-U.S. border — an idea floated in an interview with a Republic presidential hopeful — would be a logistical nightmare, since the boundary runs through homes, airports, farms and even an opera house.
Source :CBC | Business News http://ift.tt/1MZznny
House hunters make personal pleas in hot markets
Classified ads, leafleting, letter writing and door knocking are just some measures that desperate home are resorting to in hot markets like Toronto and Vancouver, where prices are shooting sky-high and supply is running low.
Source :CBC | Business News http://ift.tt/1Eyn2FP
Canada lagging in global push to teach kids computer coding
Britain has become the latest country to start teaching computer coding in primary schools, on the assumption that tomorrow's workers need to know more tech than merely checking their Facebook feed. Why is Canada ignoring this trend?
Source :CBC | Business News http://ift.tt/1Eyn2FL
lundi 31 août 2015
Saskatchewan expects $292M deficit due to fires, oil price collapse
After projecting a surplus in the spring budget, the Saskatchewan government now says it's expecting a $292-million deficit.
Source :CBC | Business News http://ift.tt/1fS19W1
Bankruptcies and insolvencies up 10% in June compared to previous year
Insolvencies by both consumers and businesses were up 10 per cent in June, compared with the year earlier month, according to a report from Statistics Canada.
Source :CBC | Business News http://ift.tt/1LOG3WY
How bad are the numbers? Notley government forecasts record $5.9B deficit
Alberta now forecasts it will end the year with a record $5.9-billion deficit, up more than $800 million from March, as the steep drop in oil prices forces finance officials to revise their estimates.
Source :CBC | Business News http://ift.tt/1O4ajur
Hydro-Quebec teams with New England firm on proposed power line to New Hampshire
Hydro-Quebec is teaming up with New England energy company Eversource on a proposed new transmission line that would bring hydroelectricity into New Hampshire.
Source :CBC | Business News http://ift.tt/1O4ajuq
TSX set to end rough August with a thud
August is shaping up to be the cruelest month in stock markets this year, with stocks in Europe and Asia down 11 per cent since the beginning of the month and the TSX down 4.8 per cent.
Source :CBC | Business News http://ift.tt/1hsj0E4
Canadian Jeep Cherokee SUVs part of windshield wiper recall
Fiat Chrysler is recalling 206,668 Jeep Cherokee SUVs because the windshield wipers can stop working unexpectedly.
Source :CBC | Business News http://ift.tt/1hsj0E2
Oil price spikes above $47 as EIA shows U.S. pumping less crude
The price of North America's dominant blend of oil jumps by about six per cent in less than two hours to trade above $47 a barrel for the first time in a month.
Source :CBC | Business News http://ift.tt/1MXZD1F
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