A new report from Wealth-X lists the wealthiest women in each region around the world, who control a total of $114.6 billion of personal wealth. Wal-Mart heiress Christy Walton tops the list as the wealthiest woman in North America, and around the world. The largest retail chain has been good to her — she has an estimated net worth of …
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Breakfast At Tiffany’s Townhouse Listed at $8 million
‘Breakfast At Tiffany’s’ Townhouse On Sale, own a piece of cinematic history and a nice little Upper East Side townhome to boot for the bargain price of $8 million.
Read More »Banks, credit card firms reach deal with Ottawa over fees, Report
Credit-card companies Visa Inc. and MasterCard Inc. are on the verge of lowering the processing fees paid by Canadian merchants, a move that reflects the traction merchants have gained with the government, according to people familiar with the matter.
Read More »Competition Bureau approves Burger King-Tim Hortons merger, Report
Private equity-backed Burger King Worldwide Inc. and Canadian coffee chain Tim Hortons Inc. moved one step closer to becoming a joint $23 billion fast-food goliath on Tuesday with approval from Canada’s Competition Bureau.
Read More »Institutions embrace stocks and bonds to meet goals -Pyramis, Report
Canadian pension funds are the most pessimistic in the world about coming market upheavals, reporting in a new global pension survey they anticipate market bubbles and crashes will become more frequent in the future.
Read More »Bank of Canada Keeps Policy Interest Rate at 1 Percent, Report
Canada’s dollar touched the strongest level in more than a week after the country’s central bank removed the word “neutral” from its policy statement, fueling bets officials are more open to raising interest rates.
Read More »Coca Cola to cut costs, earnings fall in Q3, Report
Coca-Cola Co unveiled a broader cost-cutting program as its worldwide soda volume was flat and revenue slipped in the third quarter amid what the soda maker dubbed a challenging economic environment.
Read More »TSX stages third its straight triple-digit advance, Report
The Canadian TSX Index surged on Monday to its highest point in a week, with a rise in the bullion price and Valeant Pharmaceuticals stock rising (after impressive quarterly results).
Read More »Ontario should keep Hydro One, OPG, LCBO : Report
A blue-ribbon panel on government assets is urging the expansion and modernization of the LCBO’s retail operations with big-box superstores, niche boutiques, and allowing the sale of 12-packs of beer. In a major speech Friday, Clark laid out what he described as “doable steps” to transform the publicly-owned behemoths to improve customer service and reduce costs, freeing up more profits …
Read More »Gas Prices Dropping Below $3/Gallon Across the Country, AAA report
Springfield drivers might be a little happier the next time they fill up their gas tanks. Gas prices in Springfield are well below $3.00 per gallon, and have dropped to recent lows.
Read More »Nova Scotia lottery winner collects $13.8-million prize
The suspense of an elusive lottery winner in Nova Scotia is finally over now that a publicity-shy retired fisherman has emerged to collect his $13.8-million Lotto 6/49 jackpot. Leon Hirtle, 77, picked up the $13,805,045 cheque Thursday morning at the Bridgewater Curling Club after winning the draw on Oct. 1.
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