Article content (Bloomberg) — Barbie, Warner Bros.’ hit movie based on the popular doll, crossed $1 billion in global box-office sales in its third week in release, becoming only the second picture to hit that mark this year. Warner Bros. said on Sunday the movie took in $53 million in the US and Canada in […]
Breadcrumb Trail Links PMN Business Canadian Prime Minister Justin Trudeau heaped some of the blame for skyrocketing housing costs on high interest rates and inaction by other levels of government, signaling a more defensive tone on an issue where his main political rival has hit him hard. Author of the article: Bloomberg News Laura Dhillon […]
Breadcrumb Trail Links PMN Business (Bloomberg) — Australia’s policy tightening campaign is approaching its final stages, with money markets and economists divided over the timing of the Reserve Bank’s likely last interest-rate increase in this cycle. Author of the article: Bloomberg News Swati Pandey Published Jul 30, 2023 • 3 minute read Join the conversation […]
Article content (Bloomberg) — Canada’s federal government is poised to intervene in a labor dispute to ensure that the country’s busiest port remains open after dockworkers rejected a mediated agreement for the second time this month. Article content Labor Minister Seamus O’Regan Jr. said that he’s directed the Canada Industrial Relations Board to determine whether […]
Breadcrumb Trail Links PMN Business Hello, it’s been a scorching week, both literally and in markets. Here’s something to help you catch up while you try and cool off. Author of the article: Bloomberg News Shiyin Chen Published Jul 29, 2023 • 3 minute read Join the conversation 4r)d6tvm5[(o6k211qnga5xv_media_dl_1.png Source: Climate Central Article content (Bloomberg) — […]
Article content (Bloomberg) — Dockworkers on Canada’s west coast raised the possibility of a renewed labor disruption at the country’s busiest port after rejecting a negotiated contract for the second time this month. Article content Members of the International Longshore & Warehouse Union turned down a deal that would have raised wages by 19.2% over […]
Article content (Bloomberg) — Canadian National Railway Co. cut its earning outlook for 2023 because of weakening demand for consumer goods and other products, another clear signal that the economy is slowing. Article content The railway expects earnings per share will be flat or slightly down this year compared with 2022. In April, it said […]
Article content (Bloomberg) — BC Partners has agreed to sell a minority stake in PetSmart to Apollo Global Management Inc., having shelved plans to take the North American pet retailer public last year. Article content London-based BC Partners will retain a majority holding in PetSmart alongside Singaporean sovereign fund GIC Pte and the company’s management, […]
Breadcrumb Trail Links PMN Business Cinemas finally have something to celebrate. Author of the article: Bloomberg News Thomas Buckley Published Jul 23, 2023 • 3 minute read Join the conversation mw({sfd{fnbcsct5nhtjdc0e_media_dl_1.png Source: Comscore Inc. Article content (Bloomberg) — Cinemas finally have something to celebrate. Advertisement 2 Story continues below This advertisement has not loaded yet, […]
Breadcrumb Trail Links PMN Business The $9 trillion of Chinese local government bonds that helped drag the rest of the world out of the 2008 financial crisis are a growing risk this time around. Author of the article: Bloomberg News Lorretta Chen Published Jul 15, 2023 • 4 minute read Join the conversation pz{onl6at)}zvievie6dl}bi_media_dl_1.png Source: […]