Business


BP says leaking Alaska well now under control

Based on aerial pictures, the release appeared to be confined to the gravel pad surrounding the well head and had not reached the surrounding tundra, BP said. The infamous Exxon Valdez, which in 1989 spilled tens of millions of gallons of oil into the Gulf of Alaska, was carrying oil extracted from Prudhoe Bay.


Man Group posts $3bn first quarter inflow

Man Group posts $3bn first quarter inflow

In a trading statement today, Man Group said total assets rose nearly 10% to $88.7 billion in the three months to the end of March. Luke Ellis, Man Group's chief executive, said in a statement: "Looking forward, the global environment has the potential to create alpha opportunities and we see continuing near-term interest from clients".


Spotify and Merlin agree multi-year license deal

Spotify and Merlin agree multi-year license deal

While it's certainly good that Spotify isn't struggling to keep its list of 30 million tracks available to listeners, the announcement notes labels under Merlin "can also participate in Spotify's recently announced flexible release policy".


Ashtead Group PLC (LON:AHT) Issued With 'Hold' Rating At HSBC

Ashtead Group PLC (LON:AHT) Issued With 'Hold' Rating At HSBC

Its down 0.23, from 1.06 in 2016Q3. The Company's Communications Agency unit offers digital marketing services. Ameriprise Inc holds 0% or 233,880 shares. Acropolis Invest Mngmt Limited Co holds 5,600 shares or 0.05% of its portfolio. Finsbury Growth & Income Trust PLC is an investment trust. Citadel Advsrs Llc accumulated 241,580 shares.



Ontario, Canada brings in foreign housing tax to cool market

Wynne said the Liberals were not interested in controlling the market. That means the progressive property surtax would apply to people who own an expensive home and speculators who own multiple expensive homes, but pay little-to-no income tax in Ontario, whether that's because they're foreign nationals or have otherwise avoided or evaded taxes, he said.


Ontario brings in foreign housing tax to cool Toronto market

Ontario brings in foreign housing tax to cool Toronto market

Vancouver's empty homes tax is one per cent of the value of the property and it applies to homes that aren't being used as a principal residence or aren't rented out for at least six months of the year. "The slowdown in Vancouver was not entirely due to the tax - it was domestic buyers who were basically sitting on their hands waiting to see the impact of the tax".