Highlights Operating DPW1,2 grew 3%, attributable to continued momentum in Personal lines Combined ratio1 was solid at 91.3%, remaining stable year-over-year despite 2.5 points of higher catastrophe losses Net operating income per […]
Category: Uncategorized
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China Unveils Monetary Easing Measures
The People’s Bank of China reduced its benchmark interest rate and reserve requirement ratio and also unveiled a slew of measures to support economy hit by trade tariffs. The PBoC cut the […]
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Fed Leaves Interest Rates Unchanged, Warns Of Higher Unemployment, Inflation.
The Federal Reserve on Wednesday announced its widely expected decision to leave interest rates unchanged, highlighting increased uncertainty about the economic outlook. In support of its dual goals of maximum […]
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Prime Minister Carney to meet with U.S. President Trump in Washington on Tuesday
OTTAWA — Prime Minister Mark Carney said Friday he will meet with U.S. President Donald Trump at the White House on Tuesday. It will be the first face-to-face meeting for […]
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U.S.-Iran Nuclear Talks Delayed Amid Sanctions, Explosions, and Leadership Shake
Politics, Geopolitics & Conflict – The fourth round of indirect nuclear negotiations between the U.S. and Iran, initially scheduled for May 3 in Rome, has been postponed. While Omani officials […]
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Crude Oil Prices Retreat as Demand Cracks and Supply Risks Mount
Crude oil futures tumbled over the past week, falling more than 6% as concerns over weakening global demand and a resurgent supply outlook weighed on sentiment. West Texas Intermediate (WTI) […]
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OPEC+ to meet on Saturday to set June output policy: Reuters
Eight OPEC+ countries will meet on Saturday to decide whether to agree a further accelerated oil output hike for June or make a smaller increase as originally planned, two sources […]
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Calendar: May 5 – May 9
Monday May 5 Japan, China and U.K. markets closed (9 a.m. ET) Canada’s S&P Global Services PMI for April. (9:45 a.m. ET) U.S. S&P Global Services and Composite PMI for […]
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Imperial Oil reports Q1 profit up from last year as revenues increase
Imperial Oil Ltd. reported a first-quarter profit of $1.29 billion, up from $1.20 billion in the same quarter last year. The company says the profit amounted to $2.52 per diluted […]