Category: Uncategorized

Bank of Canada hikes key interest rate by 0.5 percentage points, raising borrowing costs for sixth time in a row The Bank of Canada increased its benchmark interest rate by […]

Alphabet misses on earnings as YouTube shrinks; company will cut headcount growth by half in Q4 Alphabet missed analyst expectations on the top and bottom lines.Revenue at YouTube declined, while […]

Housing, mortgage sectors brace for more pain as Bank of Canada tees up another big rate hike The Bank has already hiked the policy rate by three percentage points over […]

Federal Infrastructure Bank commits $970-million toward Canada’s first small modular nuclear reactor The 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 easily beat Wall Street’s earnings expectations during the third quarter, while slightly missing on […]

Wave of LNG tankers is overwhelming Europe in energy crisis and hitting natural gas prices 60 liquified natural gas vessels are slow sailing or anchored around Northwest Europe, the Mediterranean, […]

UK’s Rishi Sunak inherits in-tray of anarchy as he takes over as PM of country in crisis Britain’s new Prime Minister Rishi Sunak is set to take office Tuesday, assuming […]

Rishi Sunak closes in on Downing Street after Boris Johnson pulls out of leadership race Former Finance Minister Rishi Sunak looks set to become the next prime minister of the […]

Hong Kong’s Hang Seng down around 6% in mixed Asia trade; Japan’s yen weakens despite reports of intervention Hong Kong stocks and mainland China markets fell sharply Monday while other […]