Tag: Canada

Sep 27

India’s Clash With Canada Threatens to Hurt Trade, Investment

Breadcrumb Trail Links PMN Business Canada-India ties have deteriorated since Prime Minister Justin Trudeau accused New Delhi of orchestrating the assassination of a Sikh separatist leader in British Columbia. Now, the diplomatic standoff threatens to spill over into their economies. Author of the article: Bloomberg News Shruti Srivastava Published Sep 26, 2023  •  3 minute […]
Sep 27

Australian Inflation Quickens, Keeping Rate Hike in Play

Article content (Bloomberg) — Australia’s monthly inflation gauge accelerated in August, reflecting global trends as oil prices jumped, bolstering the case for the Reserve Bank to raise interest rates at least one more time. The consumer price indicator rose 5.2% from a year ago, matching estimates, Australian Bureau of Statistics data showed Wednesday. The result […]
Sep 23

Core Inflation Gauges Are Falling in US and Euro Zone

Breadcrumb Trail Links PMN Business Policymakers on each side of the Atlantic are likely to take comfort this week from a slowdown taking hold in key underlying measures of consumer-price growth. Author of the article: Bloomberg News Molly Smith and Craig Stirling Published Sep 23, 2023  •  6 minute read Join the conversation aw1k3hue1wmnskru52130)td_media_dl_1.png Sources: […]
Sep 23

Canada Gave Details Linking India Government to Sikh’s Murder

Article content (Bloomberg) — Canadian officials shared evidence with India’s government, including communications and phone numbers that they believe link Indian agents with the murder of a Sikh activist, before Prime Minister Justin Trudeau went public with the allegation, said people familiar with the matter. The information was exchanged via security officials of the two […]
Sep 20

Ford Avoids Strike at Canada Plants With Late-Night Union Deal

Article content (Bloomberg) — Workers at Ford Motor Co.’s Canadian unit avoided a strike, reaching a tentative agreement late Tuesday after extending negotiations by 24 hours from a previous deadline. Unifor, the Canadian autoworkers’ union, pushed for improved pension benefits, higher wages and support for workers during the electric-vehicle transition.  Article content “When faced with […]
Sep 18

Asian Stocks Fall in Busy Week for Policymakers: Markets Wrap

Breadcrumb Trail Links PMN Business Asian equities retreated following tech-led declines on Wall Street as investors looked ahead to a week that includes Federal Reserve and Bank of Japan meetings. Author of the article: Bloomberg News Tassia Sipahutar and Toby Alder Published Sep 17, 2023  •  Last updated 45 minutes ago  •  4 minute read Join […]
Sep 16

Once Shunned Loans Are Now a Market Darling: Credit Weekly

Breadcrumb Trail Links PMN Business Fixed-income investors that are “risk on” are benefiting from the global economy’s ongoing resilience, fueling appetite for leveraged loans in particular. Author of the article: Bloomberg News Tanaz Meghjani Published Sep 16, 2023  •  4 minute read Join the conversation 0j7emjora[5bp7ob{obf{5c]_media_dl_1.png Bloomberg RSS Article content (Bloomberg) — Fixed-income investors that […]
Sep 14

Canada’s Wildfires Have Spewed More CO2 Than Mexico Did in a Year

Article content (Bloomberg) — Fires burning across most Canadian provinces and territories since May have released 410 million metric tons of carbon dioxide into the atmosphere, roughly the equivalent of Mexico’s emissions in 2021.  Canada’s wildfires have contributed 27% of the total wildfire carbon emissions for 2023, according to observation agency Copernicus. By comparison, Canada’s […]