Markets
Canada's economy gains 9,300 jobs, beating forecasts
Employment as a whole in 2018 rose by 163,300 position, or just 0.9 percent, the lowest yearly increase since the 0.9 percent seen in 2015. In B.C., the province saw an increase of 44,000 jobs in 2018, nearly entirely full-time work. Employment rose by 1.9 per cent, or 11,000 positions, in 2018 across the province, entirely in full-time work. The private sector lost 20,000 jobs between Novembe... [Full Article...]
Ford recalls over 953,000 vehicles to replace inflators
Ford is not aware of any injuries associated with the passenger side frontal inflators included in this safety recall, according to the company's statement on its official website. Ford said its dealers will replace the inflator or module for free. This recall is part of the fourth planned expansion of vehicles included in Takata inflator recalls described in the National Highway Traffic Safety ... [Full Article...]
China's central bank to pump US$210 billion into ailing economy
The reserve requirement ratios are now 14.5% for large banks and 12.5% for smaller banks. In the first three quarters of a year ago, total new loans to micro and small companies stood at 1.48 trillion yuan, which only took up 22.4 percent of the total growth in corporate loans. [Full Article...]
Impala Asset Management LLC Maintains Position in Rio Tinto Plc (RIO)
The study of technical analysis focuses primarily on price and volume. Furthermore, price movements on heavier-than-normal volume are more apt to continue than those with lighter volume. Its Average True Range (ATR) shows a number of 1.36. A low P/E can indicate either that a company may now be undervalued or that the company is doing exceptionally well relative to its past trends. [Full Article...]
Top bosses paid 133 times more than the average worker
A new report has highlighted the discrepancy of pay gap between chief executives of British largest businesses and average workers, saying the bosses earn more in three working days than an average full-time worker in a year. In July, Royal Mail shareholders rebelled against the company's pay plans for top executives following a row over a salary rise for its new boss. Housebuilder Persimmon a... [Full Article...]
Norway's electric cars zip to new record
Still, he cautioned that there was a long way to go since two-thirds of nearly 148,000 cars sold in 2018 in Norway were powered by fossil fuel or were hybrids, which have both battery power and an internal combustion engine. These cars are also exempt from a large number of taxes. Electric vans also gained sales, up from 862 units in 2017 to 1603 in 2018. "Strictly speaking I don't think it's ... [Full Article...]
SIA named one of world's top 20 safest airlines
New to this year's list were the two USA giants American Airlines and United Airlines as they reduced their fleet age significantly taking delivery of a big number of new aircraft. The website also identified the 10 safest low-priced airlines as Flybe , Frontier , HK Express , Jetblue , Jetstar Australia/Asia, Thomas Cook , Volaris , Vueling , Westjet and Wizz . [Full Article...]
Unemployment Benefits Claims Rise Amid US Government Shutdown
Hiring has been unusually strong as the unemployment rate has fallen to 3.7 percent - a 49-year low - from 4.1 percent at the start of 2018. That would come after the job market fell short of expectations in November, when 155,000 jobs were added . [Full Article...]