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VIDEO: Australia turns to agriculture as economy falters

2016-02-19 02:49:54| BBC News | Business | UK Edition

Australia's economy is faced with a double whammy. With the end of the mining boom, the country is facing risks it hasn't seen in more than two decades.

Tags: video australia economy agriculture

 

Canadian Tire Q4 profit grows despite impact from weather, economy, fuel prices

2016-02-18 15:50:57| Telecom - Topix.net

Canadian Tire Corp. Ltd. overcame a number of negative factors to grow its profit in its fourth quarter, including lower prices for the gasoline it sells and unusually warm weather that depressed sales of some seasonal products, especially at its Mark's clothing chain. The Toronto-based company had $241.5 million or $3.01 per share of net income in the quarter ended Jan. 2. That was up about 17 per cent from $206.6 million or $2.44 per share a year earlier, when several expenses were higher.

Tags: prices impact weather profit

 
 

World economy 'needs urgent action'

2016-02-18 12:26:17| BBC News | Business | UK Edition

The Organisation for Economic Co-operation and Development calls for urgent action by world leaders to tackle slowing growth as it cuts global economic forecasts for 2016.

Tags: world action economy urgent

 

Energy company Joi Scientific claims it can revolutionize hydrogen economy without evidence

2016-02-17 13:58:25| Extremetech

A new company is claiming to have solved the problem of hydrogen production from seawater, but offers little in the way of concrete evidence.

Tags: without company energy evidence

 

Japan's economy contracts

2016-02-15 01:20:17| BBC News | Business | UK Edition

Japan's economy contracts in the three months to December by 0.4% quarter on quarter, compounding the government's economic woes.

Tags: economy contracts japans

 

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