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 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 […]
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 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 […]
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 […]