Monthly Archive: May 2018

Closer cooperation between self-driving tech and insurer could speed up process Life Insurance Blog

LONDON — Pro-Brexit lawmakers are pressing British Prime Minister Theresa May not to keep the U.K. tied to the European Union’s customs union, as the bloc warns Britain to hurry up and decide what kind of relationship it wants. As May’s inner “Brexit Cabinet” meets Wednesday, 60 euroskeptic Conservative legislators are arguing that staying in […]

A handful of top business stories we’re tracking at Financial Post

HAMILTON — CN Rail says it will purchase 350 lumber cars to meet growing demand in forest products business The new cars will be manufactured by National Steel Car Ltd. at its assembly plant in Hamilton, Ont., with deliveries expected to begin in September. CN says it is also looking at an option to purchase […]

BANGKOK — Shares were higher in Europe on Wednesday after a day of losses in most Asian markets. Investors are looking ahead to Federal Reserve meeting and to China-U.S. trade talks later in the week. KEEPING SCORE: Germany’s DAX added 1.2 per cent to 12,756.54 and the CAC 40 of France gained 0.2 per cent […]

BRUSSELS — Official figures show that economic growth across the 19-country eurozone slowed in the first three months of the year. In a preliminary estimate, Eurostat, the European Union’s statistics agency, said Wednesday that the single currency bloc grew by 0.4 per cent in the first quarter from the previous three-month period. That is the […]

Ryan Straschnitzki suffered a severe spinal injury in the crash of the Humboldt Broncos team bus. His doctors talk about what happened to the teen hockey star in the crash, and the issues this kind of i…

COPENHAGEN — A Swedish arms watchdog says global military spending rose to $1.739 trillion last year, a 1.1 per cent increase on 2016. The Stockholm International Peace Research Institute says China continued its upward trend that has lasted for more than two decades, Russian expenditure fell for the first time since 1998, and the United […]

SEOUL, Korea, Republic Of — A South Korean regulator says Samsung Biologics Co. has breached accounting rules in a preliminary finding that could deal a big blow to the company and other Samsung affiliates if finalized. Financial Supervisory Service said Wednesday it has wrapped up its one-year probe into Samsung Biologics and notified the company […]

WASHINGTON — The Federal Reserve achieved an inflation milestone this week, but that isn’t likely to alter expectations for what the Fed will announce when its latest policy meeting ends Wednesday. After six years of mostly missing its annual 2 per cent target for inflation, the Fed learned Monday that its preferred gauge of consumer […]