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Top News: Business

Rover comes out on top at culmination of the INFINITI Lab program

Luxury car brand INFINITI hosted its pre-accelerator pitch night this week for eight Toronto startups. After a rigorous four-week program, the innovators were ready to show why their products represent the best in IoT and smart city technology.

Business world activates Brexit plans as fears grow

London - US financial firms and no-frills airline easyJet have begun activating Brexit contingency plans and fears are growing that the trickle could turn into a flood as most major businesses in Britain are preparing similar arrangements.

BoJ slashes annual inflation forecasts

Toukyo - The Bank of Japan on Thursday slashed its annual inflation forecast and once again delayed its timetable for hitting a two percent target as the economy struggles to gain traction despite years of stimulus.

Strong export demand to lift Asian economies: ADB

Manila - Surging global demand for Asian exports and low oil prices will help China and the region's developing economies grow faster than expected this year and next, the Asian Development Bank said Thursday.The region should now grow by 5.

Draghi to calm waters ahead of easy-money exit

Frankfurt Am Main - European Central Bank chief Mario Draghi will carefully prepare markets for a long-awaited end to the institution's easy-money policy Thursday, analysts expect, but stop short of calling time immediately.

Marissa Mayer wants to be a CEO again

Now that Yahoo is safely in the hands of its new owner, Verizon, its famous CEO Marissa Mayer is looking for her next CEO gig.

Want to escape Sao Paulo's traffic? Take a flying taxi

S - While Uber has changed ground transport in many cities, Sao Paulo's infernal traffic jams have sparked a new app that opens the sky to commuters: Voom, a helicopter taxi service that charges according to distance and the passenger's weight.

Trump NAFTA plan 'workable' but pitfalls await: analysts

Washington - The Trump administration's plans to reframe the landmark North American Free Trade Agreement faces significant hurdles and includes some elements Canadians and Mexicans may find hard to swallow, analysts warn.

Investment firm Schroders unveils new Climate Change Dashboard

Asset management giant, Schroders is warning that the global economy is facing catastrophic risks unless immediate action is taken to mitigate the impacts of global warming.

New version of Google Glass used by factory workers for two years

You may have thought Google Glass was dead, but the search giant has quietly resurrected its once-controversial smart glasses.

Faraday Future's answer to money woes? High-profile hire from BMW

After backing out of a $1.0 billion EV factory project in Nevada last week because of its financial troubles, Faraday Future has made a very high-profile hire, grabbing the head of BMW's Project i electric vehicle team.

Visa offers businesses $10,000 each to go cashless

Visa Inc. is offering to pay 50 American eateries $10,000 each if they refuse to accept cash payments from customers. Visa believes companies will make more money if they become completely cashless.

Citigroup staffing up for new center to unleash robotics

Citigroup is staffing up for the robotic revolution. The New York-based financial services giant has plastered online jobs boards advertising roles at a new automation center that will deploy new robotic technology throughout the bank.

IMF hails 'ambitious' French reforms under Macron

Paris - The IMF on Monday hailed French President Emmanuel Macron's "ambitious" reform programme, saying his spending, labour and tax overhauls could go "a long way" towards tackling high unemployment and weak growth.

Hellenic News of America to celebrate 30 year anniversary GALA

Cinnaminson - One of the largest Greek-American publications in the country, the Hellenic News of America, will be celebrating its 30-year anniversary this fall.

Tech and Wall Street team up with U.S. shale oil companies

Continued worries over a global oversupply have knocked about 10 percent off U.S. crude futures this year, even though a deal had been reached with OPEC to curb production. But that hasn't stopped U.S. shale firms from pumping even more oil.

With BC wildfires, lumber prices jump despite U.S. tariffs

Vancouver - The conditions that led to the spike in wildfires in British Columbia's interior forced lumber and some mining operations to halt work because of safety concerns. However, the fires have also caused a supply-squeeze, forcing a jump in lumber prices.

Greece heading for bond market test 'within days'

Atenas - Bolstered by its third bailout programme and positive reports from the European Union, Greece is planning an imminent test of the bond market, local media said this weekend.

Despite Trump's problems Dow Jones index hits new high Friday

There has been plenty of continuing political upheaval concerning Donald Trump's presidential campaign's connections with Russia. However, the stock market still seems to react positively to the Trump presidency.
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Top News: Business