Author: Consultant

British pound plummets as Bank of England warns of recession risk Sterling hit a low of 1.2393 against the dollar early Thursday afternoon London time, its lowest level since Jul. […]

Loblaw profit jumps nearly 40 per cent even as inflation drives up costs for retailers Loblaw Cos. Ltd. L-T -1.18%decrease saw its profits jump by nearly 40 per cent in the first quarter, […]

Activist investor vows to continue climate push after Enbridge shareholders reject proposal An activist investor failed in its bid to get Enbridge Inc. ENB-T +2.18%increase to strengthen its climate promises on Wednesday, but […]

Oil giant Shell reports soaring first-quarter profits, raises dividend Shell’s results follow soaring profits seen across the oil and gas industry, even as many energy majors incur costly write-downs from […]

Magna Announces First Quarter 2022 Results Global light vehicle production was down 7%, largely due to 16% decrease in EuropeSales of $9.6 billion decreased 5%Diluted earnings per share and adjusted […]

Dow rallies 900 points as investors bet the Fed can slow inflation without causing a recession Stocks jumped sharply on Wednesday in a relief rally from their 2022 doldrums after […]

Fed raises rates by half a percentage point — the biggest hike in two decades — to fight inflation The Federal Reserve increased its benchmark interest rate by half a […]

The Fed is expected to raise rates by a half point. Investors wonder if it will get more aggressive The Federal Reserve is expected to raise interest rates Wednesday for […]

TEHRAN, Iran (AP) — The Taliban members who killed her activist husband offered Zahra Husseini a deal: Marry one of us, and you’ll be safe. Husseini, 31, decided to flee. […]