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 ... Read More »
Money
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. Read More »