Category: Canada

Feb 25

Consumers ‘Under Attack’ Are Pulling Back, Wrangler Maker Says

Article content (Bloomberg) — US consumers are pulling back as they face down layoffs and impending tariffs, according to the chief executive officer of the company that owns the Lee and Wrangler brands.  Article content “The consumer right now is confused,” Kontoor Brands Inc. CEO Scott Baxter said during the company’s quarterly call with analysts. […]
Feb 24

Options Traders Line Up Hedges Before Pivotal Nvidia Earnings

Breadcrumb Trail Links PMN Business Even before Friday’s slide jolted the US stock market out of its calm, some traders were preparing for unrest. Author of the article: Bloomberg News Natalia Kniazhevich Published Feb 23, 2025  •  3 minute read ii)gzxr[0aw4nk1w{e4fclx4_media_dl_1.png Bloomberg Article content (Bloomberg) — Even before Friday’s slide jolted the US stock market […]
Feb 23

Dollar Reprieve Brings Global Funds Back to Emerging-Asia Stocks

Breadcrumb Trail Links PMN Business Investors are warming up toward Asian emerging-market stocks as the dollar’s rally pauses and US President Donald Trump’s initial tariff onslaught proves less punishing than earlier envisaged. Author of the article: Bloomberg News Winnie Hsu and Abhishek Vishnoi Published Feb 22, 2025  •  3 minute read sz5rtrqft5l5dkx[fbb[8[nz_media_dl_1.png Bloomberg Article content […]
Feb 22

Trump Proposes New Ship Fees to Challenge China’s Maritime Might

Breadcrumb Trail Links PMN Business The Trump administration is proposing fees on the use of China’s commercial ships it says could help counter the country’s maritime dominance. Author of the article: Bloomberg News Jenny Leonard and Jennifer A. Dlouhy Published Feb 21, 2025  •  3 minute read Article content (Bloomberg) — The Trump administration is […]
Feb 19

Trump’s Commerce Secretary Pick Howard Lutnick Confirmed by Senate

Breadcrumb Trail Links PMN Business Howard Lutnick, the billionaire CEO of Cantor Fitzgerald LP, was confirmed by the Senate Tuesday to be President Donald Trump’s Commerce secretary. Author of the article: Bloomberg News Daniel Flatley Published Feb 18, 2025  •  3 minute read Howard Lutnick Photographer: Al Drago/Bloomberg Photo by Al Drago /Bloomberg Article content […]
Feb 17

Asian Stocks to Edge Higher After Gains in Europe: Markets Wrap

Breadcrumb Trail Links PMN Business Stocks in Asia are broadly set to track gains in Europe, where the likelihood of greater military spending lifted shares in defense companies and bond yields. Author of the article: Bloomberg News Rob Verdonck Published Feb 17, 2025  •  Last updated 32 minutes ago  •  3 minute read sk4jpgqgnxt4orl47rhw1b97_media_dl_1.png RBA, BOE, […]
Feb 16

Asia Set for Cautious Open as US-EU Tensions Rise: Markets Wrap

Breadcrumb Trail Links PMN Business Asian stocks are set to come under pressure early Monday as traders navigate increasing tensions between the US and European Union and looming central bank monetary policy decisions. Author of the article: Bloomberg News Matthew Burgess Published Feb 16, 2025  •  Last updated 26 minutes ago  •  3 minute read b[zcxgu9xu}(l{ecpr17nb4j_media_dl_1.png […]