Can an insurance company do banking better? Manulife takes a stab at it

Can an insurance company do banking better? Manulife takes a stab at it

Two words you never thought you’d say in imagining a brighter future for chequing and savings accounts: Manulife Bank. A non-factor for years, the banking division of insurance giant Manulife Financial Corp. is upping its game. On Monday, Manulife Bank …
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Cvent acquires mobile event technology provider DoubleDutch

There’s some new consolidation in the mobile event technology space this morning, with news that the meetings, events and hospitality technology provider Cvent has acquired San Francisco-based mobile event app maker DoubleDutch. The deal includes …
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Richard Baker's Latest Trade: Take Hudson's Bay Private

Hudson’s Bay Company, having reached the crucial decision-making moment of whether to go away or go private is choosing the latter. This morning, the Canadian-based retailing conglomerate announced its majority ownership would take the company …
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China Is Buying More and More Gold as the Trade War Drags On

China extended its gold-buying spree, adding to reserves for a sixth straight month, as the protracted trade war with the U.S. hurts growth expectations
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FedEx ending its contract with Amazon for express deliveries in the US is good news for UPS, according to analysts

FedEx will not renew its contract with Amazon to provide expedited package deliveries for the online retailer in the US through its FedEx Express service. That’s good news for UPS, the bank UBS said in a note to investors on Friday. FedEx appears to believe …
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