GST collection numbers could boost struggling economy

There is a relief in the midst of the slowdown in the economy. There has been a jump of six per cent in the GST collection in November. GST collection has reached... Read more »

Samsung India To Hire 1,200 Engineers

Samsung India has offered some good news during a period of slow economic growth. The company has said that it is preparing to hire more than 1,200 engineers from top institutes like... Read more »

Catalyst launches hostile bid to acquire Hudson’s Bay Company

The war is declared between Catalyst Capital and the “Baker Group”, which has already agreed with the Hudson’s Bay Board to take control of the company. Catalyst, which holds approximately 17.5% of... Read more »

US economy grew 2.1% in third quarter

The United States economy registered a growth of 2.1% in the third quarter, slightly higher than forecast. But many economists argue that the country is slowing in the current quarter. The Commerce... Read more »

Audi will eliminate 9,500 jobs by 2025

Audi will eliminate 9,500 jobs in Germany by 2025 as part of a transformation plan to make the company “efficient and sustainable,” the German automaker said today. The Volkswagen subsidiary based in... Read more »

American Walmart stores will no longer sell e-cigarettes

Walmart announced Friday that it will stop selling electronic cigarettes in its stores, including Sam’s Clubs, following a series of mysterious illnesses and deaths related to vaping. The largest chain of retailers... Read more »

British tour operator Thomas Cook officially declares bankruptcy

The British company Thomas Cook officially declares bankruptcy. The oldest tour operator in the world has failed to find the funds necessary for its survival. “Despite considerable efforts, discussions between the various... Read more »

New York turns red with renewed trade tensions

The clues In Toronto, the S&P / TSX ended the session with a gain of 41 points, or 0.25%, to 16,899 points. In New York, the S&P 500 lost 14 points, or... Read more »

GM stops production in Oshawa because of strike in the United States

The assembly of vehicles is suspended until further notice at the General Motors (GM) plant in Oshawa, Ontario, due to the strike of the automaker’s workers in the United States. “Plans are... Read more »

Mitsubishi Aircraft opens a research and development center Canada

The aerospace division of Japanese automaker Mitsubishi will invest up to $ 135 million in Boisbriand in a new research and development center that will ultimately create 250 new jobs in the... Read more »