Description: Nokia, once the leading maker of mobile phones, had abandoned the mobile phone business in 2013 after selling its handset business to Microsoft; however, Nokia’s CEO, Rajeev Suri, indicated that Nokia may well be planning a comeback. Source: BNN Date: August 10, 2015 Text Link: http://www.bnn.ca/News/2015/8/10/Back-to-the-future-Nokia-prepares-for-mobile-comeback.aspx Questions for Discussion: Why did Nokia exit the… Read more »
Posts By: tonym
Businesses to help migrants’ problems
Description: McDonald’s is leading the way to assemble corporations to raise money to ease the migrant crisis in Europe and the Middle East. McDonald’s will hope that this move will show its customers that it’s a responsible world citizen. Source: The New York Times Date: September 20, 2015 Text Link: http://www.nytimes.com/2015/09/21/business/media/mcdonalds-leads-corporate-effort-to-publicize-migrants-plight.html?ref=business&_r=0 Questions for Discussion: Should… Read more »
Should Canada rebrand itself in the wake of the oil crisis?
Description: Energy has been Canada’s leading export merchandise; at least till recently, when auto sales topped the export numbers. In the wake of the oil slump, should Canada refocus on other strategic industries or skillsets to remain competitive in the global market? Source: The Globe and Mail Date: September 11, 2015 Text Link: http://www.theglobeandmail.com/report-on-business/economy/rebranding-the-canadian-economy-in-the-wake-of-the-oil-slump/article26340860/ Questions… Read more »
Oil can hit $20 a barrel – Goldman Sachs
Description: Top investment banker, Goldman Sachs, broached the possibility that the value of oil can drop to as low as $20 a barrel. If price of oil does reach that low, it will be the lowest it has been in the last 13 years. Source: The Globe and Mail Date: September 11, 2015 Video and… Read more »
Microsoft launches Windows 10
Description: Microsoft launched its newest operating software – Windows 10. Microsoft CEO, Satya Nadella, hopes that this will be the most loved version of Windows. Source: CBC Date: July 29, 2015 Video Link:http://www.cbc.ca/player/News/Business/ID/2672726173/ Questions for Discussion: What significance does Windows 10 have for Microsoft? Discuss the problems with Windows 8 and does Windows 10 overcome… Read more »
TV cable viewership on the decline
Description: With viewers increasingly opting for streaming online content, the sale of cable to Canadian households have dropped substantially. Source: CBC Date: July 27, 2015 Video Link: http://www.cbc.ca/player/News/Business/ID/2672532144/ Questions for Discussion: Discuss the factors causing the drop in Cable sales. What benefits do online streaming offer to viewers? What are potential drawbacks of online streaming?
Bank of Canada slashes interest rate to 0.5 per cent
Description: Stephen Poloz, Bank of Canada governor, cut the key interest rate from 0.75 to 0.5 per cent. This triggers the perception that the economy is in turmoil. Source: Toronto Star Date: July 15, 2015 Video Link: http://www.thestar.com/business/2015/07/15/bank-of-canada-cuts-interest-rate.html Questions for Discussion: Why has Stephen Poloz decided to cut the rate? How will the cut rate… Read more »
Canadian dollar dips to its lowest level since 2009
Description: The Canadian dollar dipped to its lowest level since March 2009: it dropped below 77 cent against the U.S. dollar. This drop follows Bank of Canada’s decision to cut its interest rate to 0.5 per cent. Source: CBC Date: July 17, 2015 Link: http://www.cbc.ca/news/business/canadian-dollar-dips-below-77-cents-for-first-time-since-2009-1.3157570 Questions for Discussion: Discuss the factors causing the Canadian dollar… Read more »
Financial Crisis in Greece
Description: Greece continues to grapple with its tremendous debt. In a recent referendum, Greece said no to austerity measures demanded by the European Union. However, faced by increasing debt, the Greece has little option. Source: The Washington Post Date: July 10, 2015 Video Link: https://www.washingtonpost.com/world/european-officials-pore-over-greeces-last-ditch-request-for-a-bailout/2015/07/10/1467a97e-2645-11e5-b621-b55e495e9b78_story.html Questions for Discussion: What led Greece to its current situation?… Read more »
Stock Market Turmoil in China
Description: The Chinese stock market has been collapsing over the last month—in the last three weeks investors have lost $3 trillion. The market condition in China is a problem that will impact the entire world. Source: The Guardian Date: July 10, 2015 Video and text Link: http://www.theguardian.com/commentisfree/2015/jul/10/china-stock-market-crash-world-problem-struggling-economy-small-invesots Questions for Discussion: Discuss the measures taken by… Read more »
