Nova Scotia is spending $325,000 on ways to use the DNA-based science of genomics to solve problems in everything from forestry to fish. Money from the Invest Nova Scotia Fund will go to Genome Atlantic, a not-for-profit corporation that specializes in genomics which involves “harnessing DNA code” to address issues in various sectors. The province […]
Former Taoiseach Brian Cowen has branded the position of the UK Parliament over Brexit and the backstop as “unreasonable”. Mr Cowen was addressing a meeting of the Diversity Europe Group of the European Economic Social Committee at Riddel Hall in Belfast. “There is less than 42 days left, there is a great failure in the […]
MOSCOW — The American founder of one of the oldest and largest Russia-focused private equity firms was detained on fraud charges in Moscow on Friday in a case that jolted the country’s business community. The founder of Baring Vostok, Michael Calvey, appeared in a Moscow court along with three of his partners and two other […]
FRANKFURT (Reuters) – German financial watchdog Bafin has extended the mandate of its monitor at Deutsche Bank over the bank’s role in a money laundering scandal involving Danske Bank. Deutsche Bank acted as a correspondent bank for Danske Bank in Estonia, meaning it helped transfer funds on behalf of the Danish lender from Estonia to […]
When Amazon announced Thursday that it was abandoning plans for an additional corporate headquarters in New York, no one was more surprised than the union leaders who were in talks with the company the day before. On Wednesday, Gov. Andrew M. Cuomo brokered a meeting between labor leaders and Amazon executives that resulted in a […]
TOKYO (Reuters) – Asian stocks fell on Friday after weak U.S. retail sales figures raised fresh doubts about the strength of the world’s largest economy, offsetting optimism towards trade talks between the United States and China. Also casting a shadow, the White House said U.S. President Donald Trump will declare a national emergency to try […]
Alberta Opposition Leader Jason Kenney says if he wins the upcoming provincial election he will launch democratic reforms on everything from floor-crossing to desk-thumping. Kenney also says he would bring in a fixed election date and pass a law mandating a referendum before any future government tries to impose a carbon tax. “Albertans sent a […]
In 2017, Jamie Dimon, JPMorgan Chase’s chief executive, declared Bitcoin a “fraud” and said that any employee caught trading it would be fired for being “stupid.” On Thursday, JPMorgan became the first major United States bank to introduce its own digital token for real-world use, the latest step in Wall Street’s evolving approach to the […]
Good Thursday. Want this by email? Sign up here. Say hello to JPM Coin JPMorgan Chase this morning announced the first cryptocurrency to be rolled out by a major U.S. bank. How will it be used? The new tokens, each of which represents a U.S. dollar, will help settle some payments between the bank’s clients. […]
(Reuters) – Amazon.com Inc abruptly scrapped plans for a new headquarters in New York that could have created 25,000 jobs, blaming opposition from local leaders upset by the nearly $3 billion in incentives promised by state and city politicians. The company said on Thursday it did not see consistently “positive, collaborative” relationships with state and […]