Breadcrumb Trail Links PMN Business Author of the article: Reuters David Randall Published Dec 25, 2022 • 3 minute read Join the conversation Article content NEW YORK — Bruised investors are hoping a so-called Santa Claus rally can soften the pain of a tough year in U.S. stocks and potentially brighten the outlook for 2023. […]
Article content NEW YORK — Twitter Inc restored a feature that promoted suicide prevention hotlines and other safety resources to users looking up certain content, after coming under pressure from some users and consumer safety groups over its removal. Reuters reported on Friday that the feature was taken down a few days ago, citing two […]
Article content BERLIN — Inflation is likely to remain high for another two years as companies pass on higher input costs and in some cases exaggerate them, the head of the council of economists that advises the German government was quoted as saying on Saturday. Russia’s invasion of Ukraine has further stoked already rising costs […]
Article content SHANGHAI — Tesla suspended production at its Shanghai plant on Saturday, according to an internal notice and two people with knowledge of the matter, bringing ahead a previous plan to pause most work at the plant in the last week of December. The U.S. automaker canceled the morning shift and told all workers […]
Article content BERLIN — Inflation is likely to remain high for another two years as companies pass on higher input costs and in some cases exaggerate them, the head of the council of economists that advises the German government was quoted on Saturday as saying. “Inflation will also be an issue in 2024, and only […]
Article content NEW YORK — Oil prices rose by $2 per barrel on Friday after Moscow said it could cut crude output in response to the G7 price cap on Russian exports, putting the market on track for a second week of gains. Brent crude was up by $2.02, or 2.5%, to $83 a barrel […]
Breadcrumb Trail Links PMN Business Author of the article: Reuters Bernard Orr and Casey Hall Published Dec 23, 2022 • 4 minute read Join the conversation Article content BEIJING/SHANGHAI — China is expecting a peak in COVID-19 infections within a week, a health official said, with authorities predicting extra strain on the country’s health system […]
Article content Canada’s main stock index was muted heading into the Christmas weekend on Friday, with investors digesting U.S. economic data that offered evidence of cooling inflation. At 10:04 a.m. ET (1504 GMT), the Toronto Stock Exchange’s S&P/TSX composite index was down 7.73 points, or 0.04%, at 19,341.93, on track to decline for the third […]
Article content (Bloomberg) — A giant storm barreling across Canada and the US is disrupting travel in Canada’s major cities ahead of the holidays. Air Canada is warning of snow-related cancellations from Friday through Christmas Day at the country’s biggest airport, as well as in Vancouver, Ottawa, Montreal and Quebec City. WestJet said it is […]
Article content OTTAWA, Dec 23 (Reuters) – The Canadian economy grew by 0.1% in October and is expected to expand at the same pace in November, data showed on Friday, a sign that the full impact of seven consecutive interest rates hikes this year has yet to play out. Article content October growth slowed compared […]