Article content Canada’s main stock index fell on Thursday in a broad-based selloff, with technology and commodity-linked stocks weighing the most after U.S. economic data triggered fresh concerns over the Federal Reserve’s continued rate hike trajectory. At 10:08 a.m. ET (15:08 GMT), the Toronto Stock Exchange’s S&P/TSX composite index was down 178.69 points, or 0.91%, […]
Breadcrumb Trail Links PMN Technology PMN Business Author of the article: Reuters Christian Kraemer and Matthias Williams Published Dec 22, 2022 • 2 minute read Join the conversation Article content BERLIN — A senior German official said on Thursday Twitter should join other tech firms in being directly monitored by the European Commission, saying the […]
Breadcrumb Trail Links PMN Business Author of the article: Reuters Steve Holland and Pavel Polityuk Published Dec 22, 2022 • 4 minute read Join the conversation Article content WASHINGTON/KYIV — U.S. supplies of advanced Patriot missile systems to Ukraine, announced during Ukrainian President Volodymyr Zelenskiy’s visit to Washington, will not help settle the conflict or […]
Breadcrumb Trail Links PMN Business Author of the article: Reuters Lananh Nguyen and Saeed Azhar and Lawrence White Published Dec 22, 2022 • 4 minute read Join the conversation Article content NEW YORK/LONDON — Bankers in New York and London are bracing for year-end bonuses that recruiters estimate are 30% to 50% lower, while some […]
Breadcrumb Trail Links PMN Business Author of the article: Reuters Karen Brettell Published Dec 22, 2022 • 2 minute read Join the conversation Article content NEW YORK — Short-dated U.S. Treasury yields rose and long-dated ones erased an earlier decline on Financial Post Top Stories Sign up to receive the daily top stories from the […]
Breadcrumb Trail Links PMN Business Buying a plot of land in rural America has never been so expensive. And that’s even with soaring interest rates. Author of the article: Bloomberg News Michael Hirtzer Published Dec 21, 2022 • 4 minute read Join the conversation kak34hc1a5u}h9xr0b2t(7j0_media_dl_1.png Bloomberg RSS Article content (Bloomberg) — Buying a plot of […]
Breadcrumb Trail Links PMN Business Article content Nike Inc’s shares soared nearly 15% on Wednesday as investors shrugged off margin pressure at the sportswear giant and focused on the company’s efforts to fix its inventory problems that have plagued its business in recent quarters. At least 15 brokerages raised their price targets on the stock […]
Article content (Bloomberg) — Core Scientific Inc., one of the largest miners of Bitcoin, became the latest crypto company to file for bankruptcy as the industry reckons with a plunge in digital-asset prices. The Austin, Texas-based company listed $1.4 billion of assets against $1.33 billion of liabilities in its Chapter 11 petition, which was filed […]
Breadcrumb Trail Links PMN Economy PMN Business Author of the article: Reuters Andy Home Published Dec 20, 2022 • 4 minute read Join the conversation Article content LONDON — Where has all the zinc gone? London Metal Exchange (LME) warehouse stocks of the galvanizing metal total 36,525 tonnes, the lowest amount this century. Financial Post […]
Breadcrumb Trail Links PMN Technology PMN Business Author of the article: Reuters Foo Yun Chee Published Dec 20, 2022 • 2 minute read Join the conversation Article content BRUSSELS — EU antitrust regulators have asked game developers and distributors if they think Microsoft will block their access to Activision Blizzard’s games once it has bought […]