Business

Envoy lists snags to Canada-China free trade: labour, environment and investment

Trudeau, travelling with wife Sophie Gregoire Trudeau and seven-year-old daughter Ella-Grace, said last week that he hopes the visit provides the opportunity to "reset" the relationship between the two countries. "With respect for cultural diversity, I think it is natural for us to understand that our two countries may have differences, on some issues this is only natural", Li said.

Business

Urjit Patel Will Contribute To India''s Growth Story, Says Arun Jaitley

Dr. Patel was with International Monetary Fund (IMF) between 1990 and 1995 and worked on the U.S., India, Bahamas and Myanmar desks. Economists said that if an RBI insider such as Patel was nominated, the central bank's independence, which has come under pressure in recent years, was likely to be preserved.

Business

The maker of EpiPen responds to outrage over skyrocketing cost

The EpiPen cost just $57 (£43) in 2007, reports Bloomberg.com. Heidi Heitkamp is joining a growing number of lawmakers who are denouncing the sharp price hikes for EpiPens, the emergency drug injectors for severe allergic reactions. At least a $500 savings over the cheapest US options. Sen. Claire McCaskill, D-Missouri, said in a statement Thursday, "I'm exhausted of playing whack-a-mole with these pharmaceutical companies that are grabbing obscene profits while they have a monopoly".

Business

France rules out imminent EU-US trade deal, wants talks halted

TTIP - as it's known - is the highly controversial plan to create a free trade zone between the USA and the European Union. Public opposition to TTIP has been strong in both the European Union and the US. that is not how negotiations are done between allies", he said. It means there is a period now where it is very hard to make progress and it is in some sense in politicians' interest to pull back a bit.

Business

Bank of Nova Scotia posts 3Q profit

Royal Bank Of Canada upped their price target on shares of Bank of Nova Scotia from $72.00 to $77.00 and gave the stock an "outperform" rating in a research report on Wednesday. The company has a market cap of $84.17 billion. The company's price sits 5.96% above from its 50-day moving average of $0.00 and 17.04% above from the stock's 200-day moving average of $14.96.

Business

Eurozone Inflation Holds Steady at Lackulster 0.2% in August

Two months after the U.K.'s Brexit vote, the 19-nation economy is beginning to show signs of faltering, suggesting that more stimulus may be warranted. Consumer price inflation in the eurozone remained at a low annual rate of 0.2 percent in August mainly due to a slump in energy costs from previous year.