Alphabet misses on earnings as YouTube shrinks; company will cut headcount growth by half in Q4Alphabet missed analyst expectations on the top and bottom lines.Revenue at YouTube declined, while analysts […]
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Housing, mortgage sectors brace for more pain as Bank of Canada tees up another big rate hike
Housing, mortgage sectors brace for more pain as Bank of Canada tees up another big rate hikeThe Bank has already hiked the policy rate by three percentage points over the […]
Federal Infrastructure Bank commits $970-million toward Canada’s first small modular nuclear reactor
Federal Infrastructure Bank commits $970-million toward Canada’s first small modular nuclear reactorThe federal government will provide nearly $1-billion in debt financing toward the construction of a commercial small modular reactor (SMR) – […]
General Motors posts big third-quarter earnings beat but holds full-year guidance steady amid ‘headwinds’
General Motors posts big third-quarter earnings beat but holds full-year guidance steady amid ‘headwinds’General Motors easily beat Wall Street’s earnings expectations during the third quarter, while slightly missing on revenue.The […]
Wave of LNG tankers is overwhelming Europe in energy crisis and hitting natural gas prices
Wave of LNG tankers is overwhelming Europe in energy crisis and hitting natural gas prices60 liquified natural gas vessels are slow sailing or anchored around Northwest Europe, the Mediterranean, and […]
UK’s Rishi Sunak inherits in-tray of anarchy as he takes over as PM of country in crisis
UK’s Rishi Sunak inherits in-tray of anarchy as he takes over as PM of country in crisisBritain’s new Prime Minister Rishi Sunak is set to take office Tuesday, assuming with […]
Rishi Sunak closes in on Downing Street after Boris Johnson pulls out of leadership race
Rishi Sunak closes in on Downing Street after Boris Johnson pulls out of leadership raceFormer Finance Minister Rishi Sunak looks set to become the next prime minister of the U.K., […]
Hong Kong’s Hang Seng down around 6% in mixed Asia trade; Japan’s yen weakens despite reports of intervention
Hong Kong’s Hang Seng down around 6% in mixed Asia trade; Japan’s yen weakens despite reports of interventionHong Kong stocks and mainland China markets fell sharply Monday while other major […]
China Q3 GDP growth rebounds at faster pace but risks loom
China Q3 GDP growth rebounds at faster pace but risks loomChina’s economy rebounded at a faster-than-expected pace in the third quarter, but strict COVID curbs, a deepening property crisis and […]