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Pharmaceuticals giants GlaxoSmithKline and Pfizer have announced that they are combining their consumer healthcare businesses in a joint venture. GSK will have 68 of the merged business, which includes its...
Business
The National Audit Office found that Bank staff spent £5m without following proper procedures and had 800 empty desks at Threadneedle Street. The NAO said there were 200 purchases above...
Business
TOKYO SoftBank Group Corp. s Japanese mobile subsidiary suffered a bitter debut on the Tokyo Stock Exchange on Wednesday, slumping 15 per cent, hurt by a recent service outage...
Business
WASHINGTON The Federal Reserve is expected Wednesday to raise its benchmark rate for a fourth time this year despite President Donald Trump s repeated assertions that doing so would...
Business
SINGAPORE Asian stocks were mixed on Wednesday, as traders mulled over the Federal Reserve s interest rate decision and weaker than expected Japanese trade data. KEEPING SCORE Japan s Nikkei 225...
Business
TOKYO SoftBank Group Corp. s Japanese mobile subsidiary began trading on the Tokyo Stock Exchange on Wednesday in one of the world s biggest share offerings. Five executives each...
Business
But business school researchers have identified a type of employee who manages to look busy and successful, without actually doing anything useful. The productivity study examined 28 UK workplaces and...
Business
CALGARY—A CIBC oil and gas analyst says the recent deterioration in crude oil prices makes it unlikely that a better offer will emerge to force Husky Energy Inc. to sweeten...
Business
The New York State Department of Financial Services DFS found Barclays had violated local banking law and its own procedures during the handling of the matter. The letters concerned an...
Business
The UK risks sleepwalking into becoming a cashless society with millions of people disadvantaged as a result, a study has concluded. Banknotes and coins are a necessity for eight million...
Business
But as I ve gone through my business journey I ve realised that it s a bit patronising, because it implies it s someone with a little hobby . She s...
Business
WINNIPEG—Richardson International Ltd. says it has an agreement with Conagra Brands Inc. to purchase cooking oil brand Wesson and a U.S. production facility for an undisclosed price. The privately held...
Business
It appears increasingly likely that Alberta’s unpopular carbon tax only has a few months to live, so it comes as little solace to see a sudden burst of enthusiasm from...
Business
VANCOUVER—A financial services institution is forecasting an ongoing slowdown in British Columbia’s housing market, one day after the Canadian Real Estate Association predicted home sales will continue to dip in...
Business
Royal Bank of Canada’s investment banking division will advise on stock sales and arranging takeovers for companies in the marijuana industry, joining Bank of Montreal’s BMO Capital Markets and smaller independent...
Business
Katanga Mining Ltd., a subsidiary of Anglo Swiss commodities and mining conglomerate Glencore PLC, has paid $28.5 million to settle allegations that it issued materially misleading financial information and that it...
Business
OTTAWA The restoration of delivery service guarantees by Canada Post three weeks after striking postal workers were forced back to work proves the shipment backlogs Ottawa used...
Business
CALGARY—Oil and gas producer Whitecap Resources Inc. says it will choke back spending in the first half of 2019 in view of recent extreme volatility in world and western Canadian...
Business
TORONTO Law firm Koskie Minsky LLP says it has filed a proposed class action against cannabis company Aphria Inc. and its chief executive and financial officers after the company...
Business
HALIFAX Lawyers for the Northern Pulp mill in northern Nova Scotia are seeking an injunction that would prevent fishermen from blocking survey boats hired to examine a route for...