The Bank of Canada is expected to announce its second interest rate hike of the year at Wednesday’s policy meeting, with economists predicting it will be the largest in two […]
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Economic Calendar: What investors need to know for the week ahead
Economic Calendar Monday April 11China CPI, PPI, aggregate yuan financing, new yuan loans and money supplyJapan machine tool orders—Tuesday April 12China trade surplusJapan bank lendingGermany CPI(8:30 a.m. ET) U.S. CPI […]
OPEC cuts its 2022 world oil demand forecast due to impact of Russia’s invasion of Ukraine
OPEC cuts its 2022 world oil demand forecast due to impact of Russia’s invasion of UkraineOPEC on Tuesday cut its forecast for growth in world oil demand in 2022 citing […]
U.S. inflation soared 8.5% in past year, the fastest pace since 1981
U.S. inflation soared 8.5% in past year, the fastest pace since 1981Inflation soared over the past year at its fastest pace in more than 40 years, with costs for food, […]
U.S. State Department orders all non-emergency government staff in Shanghai to leave as Covid surges
U.S. State Department orders all non-emergency government staff in Shanghai to leave as Covid surgesThe U.S. State Department has ordered all non-emergency government staff and their family members in Shanghai […]
Teck Resources says first-quarter steelmaking coal sales fell slightly below guidance
Teck Resources says first-quarter steelmaking coal sales fell slightly below guidanceTeck Resources Ltd. TECK-B-T -2.93%decrease says its steelmaking coal sales in the first quarter came in slightly below its guidance as a result […]
Workers at Metro distribution centre vote in favour of new deal; strike at Sobeys warehouse continues
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 […]
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 […]