Business

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Albertas Best Communities for Business: #13 Okotoks

In the fall of 2014, the town of Okotoks experienced nation-wide fame when a tourism campaign for the community came up with the catchphrase, “There are a number of things to do in Okotoks.” In spite of the painfully anti-climactic slogan, it turns out that Okotoks does have vibrant cultural and business communities with plenty to do both personally and professionally. Founded as a trading post in 1874, the town has a long ­association with Alberta commerce. Today, Okotoks boasts Read more […]


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Israeli-Founded Companies in Massachusetts Brought $9.3 Billion to the State

According to a new report that was released on June 8 by the New England-Israel Business Council, Israeli-founded companies based in Massachusetts brought $9.3 billion to the state in 2015, continuing to outpace the Massachusetts economy in overall revenue and job growth. The report found that when factoring in the impact of spending on goods and services, such as office space, marketing, and other business needs, the figure almost doubled to $18.1 billion. Approximately 200 companies employ almost Read more […]


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EUR/USD Euro Steady After Huge Gains on Friday

EUR/USD is subdued on Monday, following very sharp gains in the Friday session. The pair is trading at 1.1357. On the release front, it’s a quiet start to the week. German Factory Services declined 2.0%, well below expectations. Eurozone Retail PMI improved to 50.6 points, and Eurozone Sentix Investor Confidence jumped to 9.9 points, well above the forecast. In the US, there are no major releases on the schedule. Fed chair Janet Yellen will address a conference in Philadelphia. The currency Read more […]


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An All-Around Bad Jobs Report For May

  In what may be an indication that the weakness we saw in April was not an anomaly, the Jobs Report in May shows the employment market falling off a cliff, raising questions of just how strong the economy actually is: The unemployment rate declined by 0.3 percentage point to 4.7 percent in May, and nonfarm payroll employment changed little (+38,000), the U.S. Bureau of Labor Statistics reported today. Employment increased in health care. Mining continued to lose jobs, and employment in information Read more […]


business

One of Seattles secrets to economic success? Global trade

Seattle is a city on the rise—and not just on a national level. Home to a budding startup scene as well as several Fortune 500 companies (think Amazon, Starbucks and Microsoft), Seattle’s economic growth has been accelerated in recent years by a concerted effort to expand its global footprint. As a result, the Jet City or Emerald City, as its commonly known, is now the fourth largest export market in the U.S., according to the International Trade Administration (ITA), a promotional trade Read more […]


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Flat Interim Sales and Profits at Danish Crown

Danish Crown posted a net profit of DKr 819 million (€110 million) for the first six months of the 2015/16 financial year, down slightly from the DKr852 million achieved in the corresponding period of the previous year. The Danish meat group’s revenue at DKr29.42 billion was also relatively static against DKr29.23 billion in the first half of 2014/15. Based at Randers in Denmark, Danish Crown has activities and sales in more than 130 countries. Jais Valeur, new President and CEO of Danish Read more […]