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Financials News

TMX Q1 profit rises in spite of oil volatility
While volatility in oil prices had investors worried this quarter, Canada’s top market operator saw net income grow.
Posted on 5-10-2016 at 12:14 PM
Bitcoin has a governance problem, whoever created it
Craig Wright has admitted he has no further evidence to back up his claim that he invented the bitcoin. No matter who created the currency, it is clear bitcoin needs to evolve to meet demand, but a lack of leadership could hold it back.
Posted on 5-06-2016 at 4:30 PM
Manulife seeks new Asia deals to boost growth
Manulife, Canada’s biggest life insurer, said it would continue to look for new partners in Asia after strong sales in the region helped it increase its core earnings by 14 per cent in the first quarter.
Posted on 5-05-2016 at 12:11 PM
Insurers brace for the worst as wildfire spreads through Fort McMurray
As wildfire continues to rage through Fort McMurray, insurance companies are readying for claims to hit, comparing the devastation to one of the country’s costliest natural disasters.
Posted on 5-04-2016 at 2:26 PM
Scotiabank to take restructuring charge as banks look to trim payrolls
Bank of Nova Scotia will take an after-tax charge of about $275-million when it reports its second-quarter financial results later this month, in a move that suggests the lender is moving quickly to slash payrolls.
Posted on 5-02-2016 at 10:58 AM
Australian entrepreneur says he invented bitcoin, but did he?
Craig Wright, an Australian entrepreneur claims he was the creator of the digital currency bitcoin, but doubts surround the statement, since Wright is claiming to be a person who until now has gone by the name of Satoshi Nakamoto.
Posted on 5-02-2016 at 10:55 AM

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