Saturday, October 26, 2024

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S&P/TSX composite up more than 150 points, U.S. stock markets mixed

TORONTO — Canada's main stock index was up more than 150 points in late-morning trading, helped by strength in the base metal and energy...

The Palestinian economy is in free fall and will require billions to rebuild, the UN says

GENEVA (AP) — The Palestinian economy is “in free fall,” the United Nations reported Thursday, with production in Gaza plunging to one-sixth of its...

Air Canada strike could cost Canada’s economy $1.4 billion, economists estimates

The potential labour disruption at Air Canada could cost the economy $1.4 billion, according to a new report from Fédération des caisses Desjardins du...

Canada pension fund HOOPP outlines UK, Europe investment goals

By Carolyn Cohn and Nell MackenzieLONDON (Reuters) - Canadian pension scheme HOOPP is betting on increased investment in UK and European property, infrastructure and...

McDonald’s extends $5 deal through December to keep customers coming

McDonald’s is extending its $5 value meal until December at most U.S. stores, a move that rivals are likely to follow.McDonald’s introduced the deal...

Household debt-to-income ratio down in Q2, debt service ratio up: Statistics Canada

OTTAWA — Statistics Canada says the amount Canadians owe relative to their income ticked lower in the second quarter.The agency says household credit market...

Atlas Partners to invest in Carlyle’s Sedgwick

(Reuters) - Private equity firm Carlyle Group-owned Sedgwick on Thursday announced a strategic investment from Atlas Partners that will imply a total enterprise value...

Global rate cutting cycle picking up pace

By Naomi Rovnick and Dhara RanasingheLONDON (Reuters) - Interest rate cuts from major central banks are well underway, with the European Central Bank on...

European Central Bank cuts benchmark rate by a quarter point as inflation declines

FRANKFURT, Germany (AP) — With inflation subsiding, the European Central Bank cut interest rates again on Thursday to prop up tepid growth with lower...

Microsoft 365 down for thousands of users, Downdetector shows

(Reuters) -Microsoft's suite of productivity software was down for thousands of users on Thursday, according to outage tracking website Downdetector.com."We're investigating an issue where...

Ford Pro CEO Ted Cannis to retire

(Reuters) - Ford Motor said on Thursday Ted Cannis, CEO of its Pro unit, which makes commercial vehicles, would retire by the end of...

‘No huge surprises’: Why Apple stock hasn’t moved much on iPhone 16 news

Apple's artificial intelligence offering, Apple Intelligence, was the star of its annual iPhone event on Monday.But for investors, the slow rollout of Apple Intelligence...

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