CBJ News

Executive Changes at MasterCard

CBJ — After a decade at the helm as chief executive officer at MasterCard, Ajay Banga will step down at the end of this year. Banga will be replaced by current Chief Product Officer Michael [...]

ScotiaBank Profit Hits $2.33 Billion

CBJ — Bank of Nova Scotia is reporting a 1st-quarter profit of $2.33 billion. Canada’s second-largest bank — behind only RBC — said its profit amounted to $1.84 per [...]

Olympics Face Possible Cancellation

CBJ — If the coronavirus epidemic is not fully under control by the month of May, International Olympic Committee member Richard Pound of Canada says there is a strong possibility that the [...]

Xerox vs HP Battle Heats Up

CBJ — Xerox Holdings is determined to win a takeover bid of HP even although the latter has said it would implement a ‘poison pill’ plan to shield itself against such a hostile [...]

Retail Sales Unchanged in December

CBJ — Retail sales across Canada were virtually unchanged in December compared with November’s figures with a final tally of $51.6 billion. The flat reading followed a 1.1% growth in [...]

Kia Invokes Recall

CBJ — Automaker Kia recalling thousands of vehicles in North America because of the possibility that water might be able to penetrate a brake-related computer and cause an electrical short, [...]

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