Friday, December 6, 2019Canada's Leading Online Business Magazine

CBJ News

Sainsbury’s Merger Blocked in UK

CBJ — British regulators have refused Sainsbury’s $12 billion purchase of Walmart’s Asda unit amid concerns the deal would have increased prices and reduced the quality and [...]

Bombardier Cuts Financial Outlook

CBJ — Bombardier is cutting its financial guidance for the year due to lower expectations at its transportation business and commercial aircraft division. The news immediately sent shares [...]

Ford Invests $500M in Electric Vehicle

CBJ — Ford Motor Co. is investing $500 million into electric vehicle startup Rivian in a deal that has the companies working together on developing a new Ford electric vehicle. Ford become [...]

B-of-C Interest Rate Remains 1.75%

CBJ — It came as little surprise when the Bank of Canada announced it would be keeping its key interest rate unchanged at 1.75% fueled by a downgraded 2019 growth forecast and a prediction [...]

PEI Elects PC Minority Gov’t

CBJ — Much like the Liberal party in Ontario, the governing Liberals in PEI have gone from the penthouse to the outhouse, finishing third in Tuesday’s provincial election, which was [...]

Wholesale Sales Up

CBJ — Wholesale sales posted their third consecutive monthly gain, increasing 0.3% to $63.7 billion in February. Figures compiled by Statistics Canada reveal that wholesale sales gains were [...]

page  49  of  354