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Found 6 results

  1. Free-trade zone for Shanghai Mr Li's big idea Jul 16th 2013, 5:34 by V.V.V. | SHANGHAI IF PRESS reports are to be believed, Shanghai's dreams of surpassing Hong Kong to become the region's leading financial centre may have a powerful supporter in Beijing. According to Xinhua, the official government newswire, the ruling State Council has approved plans championed by Li Keqiang, the newish premier, for an ambitious free-trade zone in the mainland's second city. The idea has set the country's press and local wags alight with speculation about how far such an idea could go. Take t
  2. Thales opens expanded facility in Montreal By Mary Kirby Thales has unveiled an expanded facility in Montreal to meet the continuing growth of its aerospace capabilities. The manufacturer’s new larger location will house around 145 employees, including after-sales support and a maintenance team, as well as test bench facilities. Today’s inauguration coincides with the 10-year anniversary of Thales’ aerospace activities in Canada. Francois Quentin, Thales senior VP in charge of aerospace activities, says: “Thales has a long and prestigious history as a key partner to Canada’s aer
  3. Has Canada slipped into recession without anyone noticing? July 16, 2008 - 6:35 pm By: Julian Beltrame, THE CANADIAN PRESS OTTAWA - Canada is within a hair's breadth of slipping into a technical recession, economists said Wednesday, a day after the outlook for the North American economy soured sharply. But they add that it won't seem like recessions of the past. In fact, says University of Toronto economist Peter Dungan, Canadians may already have lived through a technical recession - two quarters in a row of a shrinking economy - and not noticed. "Our forecast is there's a reces
  4. TD and Royal downgraded to sell Posted: January 16, 2009, 8:47 AM by Jonathan Ratner Both Royal Bank and Toronto-Dominion Bank were downgraded to a “sell” at Dundee Securities on expectations for weaker credit quality, bringing them in line with the firm’s bearish view on the sector as a whole and its recommendations for all of the Big 5 banks. Despite significant deterioration in its U.S. loan portfolio’s credit quality, Royal’s earnings have held up reasonably well on the back of its domestic retail banking programs, analyst John Aiken told clients. However, since Canada is unlik
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