Article content (Bloomberg) — Mexico’s headline inflation slowed more than expected in early September, giving Banco de Mexico room to cut borrowing costs for a second straight month at this week’s interest rate meeting. Official data published Tuesday showed consumer prices rose 4.66% in the first two weeks of the month from the same period […]
Article content (Bloomberg) — Swedish landlord SBB is preparing to kick off an initial public offering for its residential unit next week in Stockholm, according to a person familiar with the matter. Samhallsbyggnadsbolaget i Norden AB — as the company is also known — is planning to formally start the marketing of the unit’s IPO […]
Article content (Bloomberg) — Toronto-Dominion Bank said Chief Executive Officer Bharat Masrani will retire in April and Raymond Chun will take the top job, as the bank grapples with investigations by the Department of Justice and financial regulators into lapses of money-laundering controls at its US branches. Chun, 55, who’s currently head of TD’s Canadian […]
Breadcrumb Trail Links PMN Business Canada’s newly expanded oil pipeline to the Pacific is opening new markets for the country’s crude in Asia while reducing flows off the US Gulf Coast, at least partly fulfilling the project’s promise of diversifying the industry’s customer base. Author of the article: Bloomberg News Robert Tuttle Published Sep 16, […]
Article content (Bloomberg) — Air Canada reached a last-minute pact with the pilots’ union, averting a strike that would have grounded more than 1,000 daily flights worldwide. Air Canada and the Air Line Pilots Association, which represents the company’s more than 5,000 pilots, arrived at a tentative agreement for a new four-year contract, according to […]
Article content (Bloomberg) — Tennet Holding BV, the Dutch grid operator that failed to sell its massive German grid to Berlin in recent months, is pushing ahead with plans to privatize the unit in what could prove to be another uphill battle. Tennet has invited investment banks to pitch for roles on a potential initial […]
Breadcrumb Trail Links PMN Business US employers added fewer workers in August than forecast and job growth in the prior two months was marked down, further evidence of a softening labor market that’s fueling debate over how much the Federal Reserve should reduce interest rates. Author of the article: Bloomberg News Molly Smith and Vince […]
Breadcrumb Trail Links PMN Business The geographical center of Scotland boasts heather-cloaked hills, rushing waterfalls, cold rivers — and one of the country’s more successful retailers. Author of the article: Bloomberg News Kimberley Mannion Published Aug 31, 2024 • 3 minute read q8(1075aasmvu2a0tct4osf3_media_dl_1.png Bloomberg Article content (Bloomberg) — The geographical center of Scotland boasts heather-cloaked […]
Breadcrumb Trail Links PMN Business Ukrainian officials are growing wary over delays in finalizing a deal that would unlock $50 billion in support by harnessing the profits of frozen Russian central bank assets, according to people familiar with the matter. Author of the article: Bloomberg News Daryna Krasnolutska, Alberto Nardelli and Jenny Leonard Published Aug […]
Breadcrumb Trail Links PMN Business Royal Bank of Canada said it has proof that its former chief financial officer engaged in an intimate relationship with a colleague that she failed to disclose, citing exchanges between the two over text messages and emails. Author of the article: Bloomberg News Christine Dobby Published Aug 16, 2024 • […]