Monthly Archive: May 2018

Haider-Moranis Bulletin: The spring thaw many had expected in housing markets didn’t happen with April showing sluggish sales

BERLIN — Like most everyone else with a taste for fairytales, Germans love the spectacle of a royal wedding. But since the country’s last emperor, Wilhelm II, was forced to abdicate in 1918, Germans haven’t had a monarchy of their own to fuss over and so have adopted Britain’s royals as surrogates. It should come […]

SAN JUAN, Puerto Rico — A search was underway near the U.S. Virgin Islands on Wednesday for a crew member on a cruise ship who apparently went overboard in rough seas. Geneva-based MSC Cruises said the crew member on the MSC Seaside was reported missing before dawn while the ship was en route to Puerto […]

The indemnity comes amid ‘exceptional circumstances,’ and will cover losses from delays for any company if Kinder Morgan walks away

BRUSSELS — Facebook CEO Mark Zuckerberg is expected to speak with leaders of the European parliament next week about the data protection scandal that has engulfed his company — but might avoid a public testimony like the one he endured in the U.S. The EU and British parliaments have been calling for Zuckerberg to submit […]

The new Surfaces, priced about US$400, will have 10-inch screens and rounded edges like an iPad, sources said

OTTAWA — Prime Minister Justin Trudeau has spoken to German Chancellor Angela Merkel about making progress at the G7 on climate change and combating protectionism when they meet next month in Quebec. Both are hot-button topics with U.S. President Donald Trump, who will be making his Canadian debut at the June 8-9 gathering in Quebec’s […]

New listings down almost 30% from last year as potential sellers wait the downturn out

TORONTO — Home Capital Group Inc. has secured a $500-million standby credit line from two unnamed Canadian banks to replace its more costly emergency funding facility from Warren Buffett’s Berkshire Hathaway Inc. The Toronto-based alternative mortgage lender says its subsidiary Home Trust Company has inked a letter of commitment from two Canadian Schedule 1 banks […]

MONTREAL — The Canadian Press erroneously reported May 15 that Air Canada was privatized in 1998. In fact, the year was 1988.