Under new Bank of Canada Governor Stephen Poloz, the bank retained its benchmark interest rate level for the 24th consecutive month.
Sectors
Dunlop causing climate change scare in BHP Billiton board elections
Ian Dunlop, climate change advocate, is being campaigned against by no less than the BHP Billiton chairman for board director in the mining firm.
Safeway shares jump on buyout reports
Shares of Safeway Inc increased by almost 9% after buyout reports started to circulate. Shares of supermarket chain Safeway Inc increased after reports that a private equity firm-led buyout was in the works.
Peugeot choosing between GM and Dongfeng
Peugeot weighing options between a cost cutting partnership with GM or an expansion push with Dongfeng.
Orange's EBITDA and share prices fall
The earnings before interest, taxes, depreciation and amortization for Orange SA declined as both sales revenues and share prices also declined.
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The machine to machine sector is where Sierra Wireless would be seeking investments and acquisitions as it grows in the next five years.
Mckesson's planned bid of Celesio would signal a takeover of the German drug distributor. According to two sources who were familiar with the negotiations, US drugs distributor McKesson was close to offering a deal to German company Celesio.
HSBC Holdings plc failed to obtain regulatory approval from the State Bank of Pakistan to sell its banking business in Pakistan.
American Realty Capital Properties said it would be buying Cole Real Estate Investments in a cash or stock deal worth USD11.2 billion.
Called expedited processing, the Telecommunications Regulatory Authority of UAE would allow direct offers of prepaid products to be made by telcos.
A regulatory filing revealed that social networking service for film enthusiasts Mubi received a new USD5.1 million investment from unnamed investors.
Cureatr's primary product, a secure messaging app for doctors, received significant backing from investors including Milestone Venture Partners and Cardinal Partners.
The latest iOS7 update was able to fix sensor and app issues of iPhone 5S and iPhone 5C mobile units.
The deal pegged to be at USD500 million is now worth USD1 billion. United Arab Emirates mall operator Majid Al Futtaim had set a maximum deal volume of USD500 million for a new hybrid bond according to a source familiar with the transaction.
