Turkish stocks entered a technical bear market on Tuesday Author of the article: Bloomberg News Tugce Ozsoy and Taylan Bilgic Published Feb 08, 2023 • 3 minute read Join the conversation A trader talks on his phone inside the trading room of the Borsa Stock Exchange in Istanbul Turkey, June 25, 2018. Photo by Kostas… Continue reading Turkey halts stock market trading after $35-billion wipeout in earthquakes’ aftermath
Nasdaq’s 2023 ‘junk rally’ flies in the face of risky backdrop
Tech stock surge especially pronounced in riskiest corners of market, suggesting to some the potential for swift reversal Author of the article: Bloomberg News Ryan Vlastelica Published Feb 08, 2023 • 3 minute read Join the conversation A view of the exterior of the Nasdaq market site in Times Square in New York City. Photo… Continue reading Nasdaq’s 2023 ‘junk rally’ flies in the face of risky backdrop
Grocery CEOs snub Ottawa profiteering inquiry, exacerbating tensions with politicians
MPs demand to know why ‘not one single head’ of the grocery giants showed up to publicly defend their company Metro Inc. was the latest grocery giant to appear before parliamentarians investigating allegations of profiteering in the grocery business. Photo by Brent Lewin/Bloomberg The heads of Canada’s top supermarket chains have so far snubbed parliamentarians… Continue reading Grocery CEOs snub Ottawa profiteering inquiry, exacerbating tensions with politicians
Bank of Canada won’t be cutting interest rates anytime soon: Tiff Macklem
‘We are prepared to raise our policy rate further’ Bank of Canada Governor Tiff Macklem in Vancouver, B.C. Photo by Jennifer Gauthier/Reuters/File Photo Bank of Canada governor Tiff Macklem said market participants who interpret his decision to take a break from raising interest rates as a prelude to cuts might be getting ahead of themselves.… Continue reading Bank of Canada won’t be cutting interest rates anytime soon: Tiff Macklem
Bank of Canada governor says no new rate hikes needed if economy develops as expected
‘Inflation is turning the corner. Monetary policy is working’ Author of the article: Published Feb 07, 2023 • 1 minute read 8 Comments “Inflation is turning the corner. Monetary policy is working,” Bank of Canada governor Tiff Macklem said in speech on Feb. 7. Photo by Adrian Wyld /The Canadian Press OTTAWA — Bank of… Continue reading Bank of Canada governor says no new rate hikes needed if economy develops as expected
Canadians now expect to need $1.7 million to retire, up 20% from 2020, BMO survey finds
Only 44% of Canadians are confident they will have enough Only 44 per cent of Canadians are confident they will have enough to retire as planned, the study said, a 10 per cent decrease from 2020. Photo by The Canadian Press Canadians believe they will need to save up $1.7 million to retire, up 20… Continue reading Canadians now expect to need $1.7 million to retire, up 20% from 2020, BMO survey finds
Edmonton’s Epcor could be last hope for Arizona suburb cut off from water supply
‘We have a weekly prayer group where we pray for rain and a water solution’ The community of Rio Verde Foothills in Arizona has been cut off from a water supply since the start of the year. Photo by New services Residents of an Arizona suburb are collecting rainwater to flush toilets and wash dishes… Continue reading Edmonton’s Epcor could be last hope for Arizona suburb cut off from water supply
Saskatchewan company greenlights Canada’s first large-scale geothermal power plant
A 25-megawatt facility should produce enough power for 25,000 households Deep Earth Energy Production Corp. plans a 25-megawatt geothermal power facility in southeast Saskatchewan. Photo by DEEP Earth Energy Production Corp. Saskatchewan’s Deep Earth Energy Production Corp. said it will begin construction this year on Canada’s first commercial-scale facility for producing electricity from geothermal heat,… Continue reading Saskatchewan company greenlights Canada’s first large-scale geothermal power plant
Recent Post
