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Moody's cuts 2016 global growth forecasts
Credit rating firm Moody's cut its 2016 global economic growth forecasts on Friday, with China and United States both trimmed and Russia and Brazil seen staying in recession.
Posted on 8-28-2015 at 1:48 PM
Why profit beats don’t tell the whole story for Canada’s big banks
Many investors will say, the banks have shown they can ‘earn through’ a challenging macro environment. A closer look, however, shows most of them are, in fact, showing signs of strain from the sluggish economy.
Posted on 8-28-2015 at 1:43 PM
Pattie Lovett-Reid: I might be a digital dinosaur but you don’t have to be
CTV’s chief financial commentator Pattie Lovett-Reid talks about connectivity in the digital world in light of Facebook topping 1 billion users, and weighs on Beyonce 101, a class that universities are starting to offer.
Posted on 8-28-2015 at 1:33 PM
While many panicked on Monday, one Japanese day trader made $34M
As financial markets got crazy this week, many people turned cautious. Some were paralyzed. Not the 36-year-old day trader known by the Internet handle CIS.
Posted on 8-28-2015 at 10:56 AM
Ashley Madison CEO Noel Biderman steps down after hack
Ashley Madison founder and CEO Noel Biderman is leaving Avid Life Media Inc. as part of a “mutual agreement” with the company.
Posted on 8-28-2015 at 10:50 AM
China jitters, globalization bode ill for Fed's inflation goal
As they try to nudge U.S. interest rates away from zero, policymakers might have to rethink a basic assumption that solid economic growth and swelling payrolls at home are enough to do the job even as the world's second-largest economy stutters.
Posted on 8-28-2015 at 9:52 AM
Brookfield buys into Indian infrastructure with road and power deal
Canada’s Brookfield Asset Management Inc. made its first significant investment in Indian infrastructure, buying six road and three power projects on Friday from India’s Gammon Infrastructure Projects Limited.
Posted on 8-28-2015 at 9:49 AM
Alberta kicks off royalty review
A report from the province's royalty review is due by the end of the year, but the current framework will remain in place until the end of 2016.
Posted on 8-28-2015 at 8:52 AM

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