Bank of Canada will keep its targets of keeping rates low. The Bank Canada will stick to its targets in terms of keeping rates low despite talks of economic weakness during the G20 meetings in Moscow, Governor Stephen Poloz told reporters on Saturday.
North America
Extended Stay Hotels to go public later this year
Sources stated that Extended Stay Hotels is preparing for an IPO later this year. Sources stated that Extended Stay Hotels is preparing to sell stakes in the company to the public.
CORRECTED: Alcresta raises US$10 million to help cancer patients
Alcresta announced that it had raised US$10 million to accelerate production and commercialization of its drug that helps cancer patients.
RIL to invest a further US$5 billion in US-based shale gas business
RIL announced that it is to invest a further US$5 billion in US-based shale gas business. Reliance Industries Ltd. revealed that it is going to invest more than US$5 billion over the next three years in its US-based shale gas enterprise.
BAIC Group to buy certain intellectual assets from California-based Fisker
BAIC Group stated that it is planning to buy assets from Fisker Automotive Inc. to enhance its own electric vehicle development.
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According to speculations by Apple followers, the company's recent hiring of medical and fitness experts could mean that the iWatch is underway.
A state judge asked for the withdrawal of Detroit's Chapter 9 bankruptcy protection appeal. The city of Detroit's request for Chapter 9 bankruptcy protection was asked by a judge in Michigan to be withdrawn.
Dell Inc.'s stocks fell at US $12.88 on Wednesday, the lowest since July 5.
Dell Inc. stocks dropped to the lowest level on Wednesday since July 5.
The show the Big Bang Theory broke out all the stops, having Stephen Hawking introduce the show as it held a Q&A in this year's Comic Con.
According to a report, the National Research Council concluded that subsidies towards greenhouse gases reduction had little to no effect.
"R.I.P.D" is the latest movie to suffer terrible ticket sales in the box office, reports said.
A Samsung-FBI deal was coming to an emminent close, said sources. Samsung neared the closing of a deal with the US Federal Bureau of Investigation (FBI).
Police started the investigation against Kanye West's alleged battery of a camera man. "You're trying to get me in trouble, so I'll have to pay you, like, $250,000," said rapper Kanye West to a camera man before lunging at him outside the Los Angeles Airport last July 12.
US federal prosecutors revive a 30 year old law to prosecute Wall Street banks that sold toxic loans in 2008.
