Industry

Canadians richer than Americans

Believe it or not, Canadians are wealthier than their neighbours south of the border. In the fourth quarter of 2012, Canada’s net worth was at a staggering 648% of its GDP while that of the U.S. was 550% in the same period, reports WSJ.com. On the flip side, though, Canada’s riches grew mostly as a […]

By Staff |April 19, 2013

1 min read

Industry

Chinese banks dominate Forbes list

For the first time, Chinese banks have edged ahead of U.S. heavyweights like JP Morgan and General Electric to secure the top two spots on Forbes’ 10th annual ranking of the world’s top 2000 businesses, reports Guardian.co.uk. Overall, the list has a total of 543 companies from the U.S., while its closest rivals Japan and […]

By Staff |April 19, 2013

1 min read