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Jose Cuervo, world's biggest tequila maker, postpones IPO after Trump election win + MORE Nov 24th
Tequila producer Jose Cuervo has put its IPO on hold following the election of Donald Trump, which has weighed on Mexican stocks and currency, according to people familiar with the matter..... More »
Markets response to U.S. Federal Reserve Aug 24th
U.S. stocks rallied close to their records Friday after the head of the Federal Reserve finally said out loud what Wall Street has been expecting for a while: Cuts to interest rates are coming soon to help the economy.
The S&P 500 rose 1.1% after Fed Chair Jerome Powell said in a highly anti.... More »
Multigenerational Home Renovation Tax Credit: What is it and do you qualify? + MORE Sep 8th
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Multigenerational households—those composed of three .... More »
A Safe Haven in Uncertain Times: Why Gold and Silver Should be Part of Your 2023 Investment Strategy + MORE Jan 13th
Investing in gold and silver can be a great way for beginners to diversify their investment portfolio and hedge against inflation. Both metals have been used as a store of value for centuries and have proven to be a reliable form of investment in times of economic uncertainty. In this blog post, .... More »
China and US sign deal that could avert mass stock delistings - CNN Aug 26th
China and US sign deal that could avert mass stock delistings CNNSEC Chair Gary Gensler breaks down the agreement with China over audit inspections CNBC TelevisionU.S. and China reach audit deal in boon for Chinese tech companies The Globe and MailUS-China Talks on D.... More »
Before the Bell: Stocks set for gains, many key events loom
– theglobeandmail.com
Our equities analyst looks ahead to the investment day
At the open: Metals, financials lead TSX higher
– theglobeandmail.com
Wall St starts higher, set for best week since October
The Latest: Volkswagen shares is biggest riser in German market amid reports fix will be cheap
– canadianbusiness.com
BERLIN – The latest developments in Volkswagen’s emissions scandal. All times local:
2:50 p.m.
Shares in Volkswagen are rising amid reports that the cost of fixing its scandal-tainted cars — at least in Germany, where there are 2.4 million of them — might be far lower than expected.
Volkswagen’s preference share price was up 1.4 per cent at 107.30 euros, making it the strongest riser in Germany’s main stock index, which was 0.5 per cent higher.
Investors seem to be focusing on a report by a German magazine that says, without identifying its sources, that fixing the diesel engines that were identified to have test-cheating software could be done with a cheap piece of hardware in Germany.
The company is due to present to U.S. authorities its plans on how to fix the affected cars. Earlier, it also said it would cut its investments next year.
___
1:20 p.m.
Volkswagen CEO Michael Mueller says the company’s board has decided to reduce capital expenditures by 1 billion euros ($1…
2:50 p.m.
Shares in Volkswagen are rising amid reports that the cost of fixing its scandal-tainted cars — at least in Germany, where there are 2.4 million of them — might be far lower than expected.
Volkswagen’s preference share price was up 1.4 per cent at 107.30 euros, making it the strongest riser in Germany’s main stock index, which was 0.5 per cent higher.
Investors seem to be focusing on a report by a German magazine that says, without identifying its sources, that fixing the diesel engines that were identified to have test-cheating software could be done with a cheap piece of hardware in Germany.
The company is due to present to U.S. authorities its plans on how to fix the affected cars. Earlier, it also said it would cut its investments next year.
___
1:20 p.m.
Volkswagen CEO Michael Mueller says the company’s board has decided to reduce capital expenditures by 1 billion euros ($1…
