Business and Finance

UAW votes on proposed tentative agreement w...

Oct 26, 2015No Comments

The United Auto Workers union said it has voted on a proposed tentative agreement with General Motors, just five minutes before the 11:59 p.m. strike deadline.

Canadians optimistic and nervous about free...

Oct 25, 2015No Comments

For her part, Hillary is locked in an unexpectedly tight race for the Democrat nomination for President against Senator Bernie Sanders (I-VT). For a wealthy and educated country like the United States, this might mean exporting more

China’s central bank issues first eve...

Oct 23, 2015No Comments

Two of China’s largest state-owned lenders, China Construction Bank Corp. and Agricultural Bank of China Ltd., issued a combined $US1.2 billion bonds – denominated in dollars and the yuan – in London last week, which largely were

Google Revenue and Income Rise as Mobile Co...

Oct 23, 2015No Comments

Alphabet, Google’s new parent company, on Thursday reported that its Google subsidiary earned $18.7 billion in revenue, exceeding analysts’ expectations and lifting Alphabet’s stock in after-hours trading.

Oil Prices Drop as Oversupply Fears Grow

Oct 22, 2015No Comments

Gasoline rallied as traders re-evaluated Wednesday’s US government data showing a 1.5 million-barrel decline in inventories of the motor fuel last week, compared with a 858,000-barrel drop forecast in a Reuters poll.

China’s GDP growth slows to 6.9 perce...

Oct 20, 2015No Comments

“It is somewhat puzzling how service sector maintained strong growth in (the) third quarter given that the strong service sector growth in (the) first half was mainly driven by financial sector growth (related to the stock market

rackspace

Rackspace Offer Tools, Support to Customers...

Oct 17, 2015No Comments

Rackspace Hosting, Inc (RAX) shares were higher over 1% in recent pre-market trade after saying it will offer tools, expertise, application management, and operational support to customers on Amazon’s Web Services Cloud. Rackspace will offer Fanatical Support