Breadcrumb Trail Links PMN Business It’s still too early to tell if the country will see another record-breaking 40C day, meteorologists said. Author of the article: Bloomberg News Olivia Rudgard Published Jun 08, 2023 • 4 minute read Join the conversation A pedestrian uses a umbrella to protect herself from the sun, at Canary Wharf, […]
Article content (Bloomberg) — Canada’s economy is poised to enter a recession as soon as the third quarter, and it’s going to be a painful one for many people, according to Manulife Investment Management’s global chief economist. Article content The Bank of Canada’s surprise move to increase the overnight lending rate to 4.75% on Wednesday […]
Article content (Bloomberg) — Irving Oil Ltd., the operator of Canada’s largest crude refinery, is reviewing strategic options that may include putting billions of dollars worth of key North American refining and fuel-distribution assets up for sale. Other options include a change in the portfolio of its assets and how it operates them, though “no […]
Article content (Bloomberg) — Finance Minister Chrystia Freeland tried to reassure Canadians that the economy is still headed for calmer times after the central bank unexpectedly resumed raising interest rates. Article content “There are a lot of Canadians who are anxious right now and who will be concerned when they see this step taken by […]
Breadcrumb Trail Links PMN Business Demand for industrial park space in the Mexican northern cities of Tijuana and Ciudad Juarez is so high that Prologis Property Mexico SA has wait-listed companies looking to set up shop or to expand their current space. Author of the article: Bloomberg News Andrea Navarro and Daniel Cancel Published Jun […]
Breadcrumb Trail Links PMN Business Something for your week. Author of the article: Bloomberg News Alicia Diaz Published Jun 04, 2023 • 3 minute read Join the conversation ro9w6eugx67h01y(li7x6g{j_media_dl_1.png Source: Bloomberg Article content (Bloomberg) — Hello from New York, where we’re looking to fill the hole left by last week’s Succession finale. Back to reality, where living […]
Breadcrumb Trail Links PMN Business Hans Peter Doskozil emerged victorious from a tumultuous leadership race within Austria’s opposition Socialist Party, pledging to shield workers from the impact of inflation in a bid to bolster support ahead of parliamentary elections due next year. Author of the article: Bloomberg News Marton Eder Published Jun 03, 2023 • […]
Breadcrumb Trail Links PMN Business Mexico has talked to some of the world’s biggest manufacturers of cars, auto parts and steel about opportunities to invest in a narrow strip of land in southern Mexico, according to the nation’s top trade official. Author of the article: Bloomberg News Carolina Gonzalez and Crayton Harrison Published Jun 01, […]
Article content (Bloomberg) — Caisse de dépôt et placement du Québec hired Yana Watson Kakar, a former consultant and chief executive officer of a blank-check company, to be head of Americas and lead its New York office. Article content Kakar will join Canada’s second-largest pension global as managing director, according to a statement reviewed by […]
Article content (Bloomberg) — Wildfires in Canada have burned an enormous swath of land and forced thousands from their homes, prompting firefighters from across the globe to descend on the country to help douse the flames. The scorched area is 2.7 million hectares (6.7 million acres) in size, or the equivalent of more than 5 […]