Home / Tag Archives: General

Tag Archives: General

General Motors Co. invests $500 million in Lyft Inc, signalling new era of partnership between auto makers, Silicon Valley

lyft.jpg

General Motors Co. is investing US$500 million in ride-sharing company Lyft Inc. to create a network of on-demand, self-driving cars — another signal that traditional auto makers aren’t prepared to sit idly by while Silicon Valley eats their lunch. The move comes at a time of major flux in the …

Read More »

General Motors Co raises 2016 profit outlook, boosts share buybacks, dividend

0113gm.jpg

DETROIT — General Motors Co said on Wednesday it will return more cash to shareholders by raising its stock buyback program by 80 per cent to US$9 billion and increasing its dividend, sending shares up 4.6 per cent in premarket trading. GM also raised its 2016 earnings per share forecast …

Read More »

Aviva Canada Inc to buy RBC General Insurance Company for $582 million

rbc.jpg

Royal Bank of Canada is selling its home and auto insurance business to Aviva Canada Inc. for $582 million in a deal that includes a 15-year distribution arrangement allowing the bank to continue selling a “full suite” of insurance products. RBC chief executive Dave McKay indicated last year that the bank …

Read More »

Nominations open for 2016 Canadian General Counsel Awards

cgca-table.jpg

The nomination period for the 2016 Canadian General Counsel Awards is open. Members of the private bar and the in-house corporate law community are welcome to submit nominations via email (nominations@cgca.ca) until March 24. The award website (cgca.ca) has a sample form plus detailed information on this year’s eight award …

Read More »