Article content (Bloomberg) — Canada’s equities benchmark index closed at a new all-time high Thursday on the backs of bank stocks, surging commodity prices and a rally in the country’s growing tech sector. The S&P/TSX Composite Index climbed to 22,087.26, setting its first record since 2022, as financial and real estate stocks led a broad-based […]
Breadcrumb Trail Links PMN Business Lululemon Athletica Inc. said visits to US stores slowed at the beginning of the year, leading to a lower-than-expected sales outlook for the first quarter and full year. The shares fell in extended trading. Author of the article: Bloomberg News Jeannette Neumann Published Mar 21, 2024 • 2 minute read […]
Article content (Bloomberg) — Airbus SE employees in Canada rejected a contract offer Sunday, threatening to go on strike if the French manufacturer doesn’t show more willingness to meet their demands. A five-year contract for workers who build A220 jets expired at the beginning of December. Airbus’s offer, which included a 10.25% wage increase over […]
Breadcrumb Trail Links PMN Business Investors may glean more on the Federal Reserve’s resolve to ease and how close Japan is to finally exiting negative interest rates as central banks set policy for almost half the global economy. Author of the article: Bloomberg News Craig Stirling Published Mar 16, 2024 • 7 minute read Join […]
Breadcrumb Trail Links PMN Business Private equity executive Rob Kumer sees a buying opportunity as global financial markets grapple with the turmoil in commercial real estate. Author of the article: Bloomberg News Ari Altstedter and Paula Sambo Published Mar 08, 2024 • 3 minute read Join the conversation g5z1203kkcbvk5hbt)ch8cb3_media_dl_1.png Source: Altus Group Article content (Bloomberg) […]
Breadcrumb Trail Links PMN Business The Bank of Canada is likely to hold interest rates steady for a fifth straight meeting, as dwindling recession risks allow policymakers more time to get a clearer read on inflation before they adjust borrowing costs. Author of the article: Bloomberg News Erik Hertzberg Published Mar 05, 2024 • 3 […]
Breadcrumb Trail Links PMN Business Across the US and allied countries, owners of left-for-dead uranium mines are restarting operations to capitalize on rising demand for the nuclear fuel. Author of the article: Bloomberg News Jacob Lorinc and Maria Clara Cobo Published Mar 03, 2024 • 3 minute read Join the conversation Barrels stored at the […]
Breadcrumb Trail Links PMN Business A new international effort is under way to reverse Haiti’s rapid descent into lawlessness, but disagreements, tepid contributions, and delays in deploying police forces have raised concerns that yet another mission to rescue the Caribbean nation is doomed to fail. Author of the article: Bloomberg News Augusta Saraiva, Jim Wyss […]
Breadcrumb Trail Links PMN Business Some World Trade Organization members are considering calling on governments to curb trade-distorting policies for the green transition, as concerns grow that some unilateral measures and a subsidy race by the world’s leading economies is stirring protectionism. Author of the article: Bloomberg News Jorge Valero, Eric Martin and Shruti Srivastava […]
Breadcrumb Trail Links PMN Business Analysts who expect the Bank of Canada’s first interest rate cut in April are rare – but they believe economic data may soon prove there’s enough disinflationary pressure to spur policymakers into action. Author of the article: Bloomberg News Randy Thanthong-Knight Published Feb 28, 2024 • 3 minute read Join […]