Category: Uncategorized

China’s first quarter GDP beats expectations to grow 4.8% year-on-year BEIJING — China’s first quarter GDP grew faster than expected despite the impact of Covid lockdowns in parts of the […]

APRIL 18, 2022 Oil prices rise; weak OPEC production in focus Oil prices moved higher in early Asian trade, with weak crude production from OPEC supporting prices, Oanda market analyst Ed […]

Wells Fargo’s quarterly profit tops expectations as lower costs blunt hit from weak mortgage lending Wells Fargo & Co’s WFC-N +0.25%increase first-quarter profit dropped 21 per cent but beat Wall Street expectations on […]

Cogeco’s second-quarter profit rises 7.8% to $118.8-million on revenue boost Cogeco Inc. CGO-T -0.04%decrease says its net profit increased nearly eight per cent in its second quarter on a boost in revenues. The […]

Goldman Sachs tops analyst estimates as trading desks crush expectations amid surging volatility Goldman Sachs first-quarter earnings blew past expectations as its traders effectively navigated a surge in markets volatility from […]

Citigroup tops earnings estimates on better-than-expected trading revenue Here are the numbers: $2.02 per diluted share vs $1.55 a share Refinitiv estimateRevenue: $19.19 billion vs $18.15 billion estimate How big […]

Elon Musk offers to buy Twitter, take it private Musk’s best and final offer was to pay $54.20 per share for 100% of Twitter, and said that if his offer […]

Banks Raise Prime Rate to 3.20% Royal Bank of Canada and TD Bank were among the first big Canadian lenders to announce Wednesday that they were following the Bank of […]

Kevin Carmichael: Brace for more big hikes because the Bank of Canada is far from finished Governor Tiff Macklem and his deputies raised the benchmark interest rate by half a percentage point […]