Canada's Mobilicity out of one airwaves auction, needs cash for another

Struggling Canadian wireless operator Mobilicity will not bid for more airwaves in one upcoming government auction and is trying to secure funding to participate in another, its court-appointed monitor said in a filing on the company's website.


BA-owner returns with 1.3 billion euro offer for Aer Lingus: reports

The owner of British Airways has made a third takeover approach to Aer Lingus (AERL.I), offering to pay 2.50 euros per share, or around 1.3 billion euros in total for the Irish airline, Sky News reported on Saturday.

Japan offers compromise on rice in Asia-Pacific trade talks: Nikkei

Japan has offered to import more rice from the United States in a compromise aimed at pushing forward the Asia-Pacific regional trade talks, the Nikkei reported on Sunday.

Bundesbank's Weidmann casts doubt on effectiveness of ECB's QE

Bundesbank President Jens Weidmann, an unabashed critic of the European Central Bank's quantitative easing (QE), told a German newspaper on Sunday he had doubts about the effectiveness of the ECB bond-buying plan.


Latest News

Kia Motors is recalling 86,880 Forte sedans in the United States because a cooling fan resistor may overheat and melt, increasing the risk of a fire, according to documents filed by U.S. auto safety regulators.
Two new tools to fight AIDS should be available by 2030 in the form of a vaccine and new intense drug treatments, ending most cases of a disease that has killed millions in the past 30 years, Bill Gates said.
A steep fall in Ebola cases in Liberia will make it hard to prove whether experimental vaccines work in a major clinical trial about to start in the country, the head of the U.S. National Institutes of Health (NIH) said on Saturday.
German car maker Volkswagen AG (VOWG_p.DE) will recall 80,000 cars from its luxury division Audi due to issues with the fuel injection system, Audi said on Saturday, adding that around 35,000 of the affected vehicles are from China.
Commercial flights from Libya to mainland Europe resumed after more than six months on Saturday with a Libyan carrier taking off to Germany, the airline said.
The European Central Bank's bond buying program will give a decisive boost to Italy's stagnant economy, business lobby Confindustria said on Saturday, while the Bank of Italy said it would make it easier to pass reforms.
Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.
Venezuela's deepening economic troubles, and in particular the weakness of the bolivar and restrictive currency controls, have hurt U.S. corporate profits for the fourth quarter of 2014 and are set to inflict further pain this year.
Jack Ma, executive chairman of Chinese e-commerce giant Alibaba Group Holding, isn't worried about slowing Chinese economic growth, he told a meeting of business and political leaders in Davos, Switzerland.
The leading edge of a lava flow from a volcano that threatened a commercial center on Hawaii's Big Island appeared on Friday to have stalled again, prompting several businesses to make plans to reopen their doors.
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