MetroWorkers at a Metro distribution centre in Ontario have voted in favour of a new deal while workers at a Sobeys warehouse in Quebec have rejected the grocer’s latest offer.More […]
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Insurer Intact Financial estimates first-quarter catastrophe losses at $183-million
Insurer Intact Financial estimates first-quarter catastrophe losses at $183-millionIntact Financial Corp. IFC-T -1.44%decrease estimates its catastrophe losses for the first quarter totalled about $183-million on a pre-tax basis, due in large part to […]
Shopify proposes changes to governance structure, announces 10-for-one share split
Shopify proposes changes to governance structure, announces 10-for-one share splitShopify Inc. SHOP-T +2.91%increase is proposing changes to its governance structure to preserve founder and CEO Tobi Lutke’s voting power, while also proposing a […]
Another Chinese city has overtaken New York for number of billionaires
Another Chinese city has overtaken New York for number of billionairesThree years ago, American entrepreneur Raj Oswal traveled to the Chinese city of Shenzhen on behalf of a client. He was so […]
S&P 500 drops more than 1% to start the week as higher rates send tech shares lower
S&P 500 drops more than 1% to start the week as higher rates send tech shares lowerStocks fell on Monday as investors grew increasingly concerned a three-year high in the […]
Sony and the Lego family bet big on the ‘metaverse’ with $2 billion investment in Epic Games
Sony and the Lego family bet big on the ‘metaverse’ with $2 billion investment in Epic GamesFortnite creator Epic Games has raised $2 billion in funding from Sony and the Lego family, […]
Gold prices higher in early Asian trading Monday
Gold prices higher in early Asian trading MondayGold futures for June delivery rose 0.4% to close at $1,945.60 an ounce on Comex, leaving it up 1.1% for the week.“Gold is […]
Elon Musk decides not to join Twitter board, says CEO Parag Agrawal
Elon Musk decides not to join Twitter board, says CEO Parag AgrawalTesla and SpaceX CEO Elon Musk has abandoned his plans to join the board of Twitter, his social network of […]
Chinese indexes drop at least 2% after data shows China producer inflation surging
Chinese indexes drop at least 2% after data shows China producer inflation surgingSINGAPORE — Chinese stocks led losses in Asia-Pacific markets in Monday trade as investors reacted to China’s inflation […]