Monthly Archive: April 2018

0

Shares in WPP drop as advertising giant investigates CEO

LONDON — Shares in WPP, the world’s largest advertising agency, have fallen after an announcement that the board is investigating an allegation of personal misconduct against its chief executive, Martin Sorrell. WPP’s share price closed down 2 per cent on Wednesday. The Wall Street Journal reported the allegations involve possible misuse of assets and improper […]

0

March home sales slow in Metro Vancouver but prices stay high: real estate board

VANCOUVER — Metro Vancouver home sales over the first quarter of this year were the lowest in five years, but statistics from the Real Estate Board of Greater Vancouver show prices remain high. The board says home sales across the region in March tumbled 29.7 per cent compared with March 2017 and are 23 per […]

0

European bus startup FlixBus heads to US, starting with LA

BERLIN — European bus service startup FlixBus will expand to the United States in the coming months, initially focusing on the West Coast and nearby destinations such as Las Vegas, the company’s chief executive said Wednesday. The Munich-based company has become a dominant player in Europe over the past five years without owning any buses […]

0

Export Development Canada to pay $969M dividend to federal government

OTTAWA — Export Development Canada is paying a $969-million dividend to the federal government this year. The payment compares with a dividend of $786 million the agency paid last year and $500 million paid in 2016. EDC generates revenue primarily from interest on loans, fees on its guarantee products, and premiums on its insurance products. […]

0

Can you buy a life insurance policy on someone else?

We’ve all seen this story in a movie. A character dies mysteriously, and while investigating, the police discover that someone close to the deceased recently took out a life insurance policy on them. (Cue...