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Many of Canada’s junior hockey league teams barely break even, records show + MORE Jan 20th
This article originally appeared at Sportsnet.
By order of a judge in a civil action in an Alberta court, the CHL and teams from the OHL and WHL submitted financial statements that show many franchises, as many as half the field, struggling to make ends meet.
Lawyers representi.... More »
Malaysia prosecutor, fund will help in Swiss graft probe + MORE Jan 30th
KUALA LUMPUR, Malaysia – Malaysia’s top prosecutor said Saturday he will co-operate with Swiss authorities, whose investigation into an indebted Malaysian state investment fund indicated that $4 billion may have been misappropriated from Malaysian state-owned companies.
Switzerland’.... More »
Carlos Ghosn speaks after fleeing financial misconduct charges in Japan | LIVE - Jan 8th
Carlos Ghosn speaks after fleeing financial misconduct charges in Japan | LIVE WATCH LIVE: Fmr. Nissan CEO Carlos Ghosn holds a news conference after escape to Lebanon – 1/8/2020 CNBC TelevisionIran, Boeing 737, Carlos Ghosn: Your Wednesday Briefing The New York Ti.... More »
Earning income with ETFs + MORE Sep 29th
Conventional wisdom would have you believe that an investment portfolio is 60% equities and 40% bonds—at least as a starting point. Well, that thinking is changing.
For starters: Bonds used to be considered solid and safe. And while professional portfolio managers still see them as a way to offset.... More »
10 common crypto scams and how to avoid them + MORE Sep 16th
Cryptocurrency investing offers new and exciting opportunities, but it’s also rife with scams and tech-savvy con artists. And since the crypto space remains largely unregulated, it’s often difficult to distinguish between genuine investment opportunities and scams.
In just the first half of 2.... More »
Grip of Bombardier’s founders an obstacle for investors
– theglobeandmail.com
Company’s lack of lead investor interest and sliding stock price could be due to inflexibility in its management
Five things to watch for in the Canadian business world in the coming week
– canadianbusiness.com
TORONTO – Here are five things to look for in Canadian business this week:
Railways: Both CN Rail and Canadian Pacific Railway release their second-quarter results this week, on Monday and Tuesday respectively. Canada’s sluggish economy and lower volumes of coal, grain and energy-related products are expected to undermine the lofty 2015 earnings goals for the country’s two largest railways.
StatCan: There are a slew of releases this week from Statistics Canada, starting with wholesale trade figures for May on Monday and retail trade figures and employment insurance data on Thursday.
Lumber: Two major lumber producers — West Fraser Timber Co. and Canfor Corp. — are out with second-quarter results on Wednesday. The lumber industry is in the midst of a recovery thanks to a boom in U.S. construction and a weaker loonie. The sector lost 50,000 jobs following the 2008 financial crisis.
BlackBerry: CEO John Chen and members of the company’s senior leadership team are in New York on Thursday discussing the impact today’s cyber-threats are having on mobile security…
Railways: Both CN Rail and Canadian Pacific Railway release their second-quarter results this week, on Monday and Tuesday respectively. Canada’s sluggish economy and lower volumes of coal, grain and energy-related products are expected to undermine the lofty 2015 earnings goals for the country’s two largest railways.
StatCan: There are a slew of releases this week from Statistics Canada, starting with wholesale trade figures for May on Monday and retail trade figures and employment insurance data on Thursday.
Lumber: Two major lumber producers — West Fraser Timber Co. and Canfor Corp. — are out with second-quarter results on Wednesday. The lumber industry is in the midst of a recovery thanks to a boom in U.S. construction and a weaker loonie. The sector lost 50,000 jobs following the 2008 financial crisis.
BlackBerry: CEO John Chen and members of the company’s senior leadership team are in New York on Thursday discussing the impact today’s cyber-threats are having on mobile security…
Merkel again rules out ‘haircut’ for Greek debt but says other forms of relief are possible
– canadianbusiness.com
BERLIN – Chancellor Angela Merkel on Sunday suggested that Germany would show flexibility in negotiating how Greece deals with its massive debt, but again ruled out writing off part of the money.
Speaking on ARD television’s Bericht aus Berlin program, Merkel said that “a classic haircut of 30, 40 per cent of debt cannot happen in a currency union.”
But Merkel, who persuaded German lawmakers on Friday to give their overwhelming backing to another financial rescue package, suggested that she was open to discussing ways to lessen the burden on Athens.
She said, for example, Greece previously has been given more favourable interest rates, time extensions and other relief
“We can talk about such things again,” she said, but added such talks could only begin after details of Greece’s bailout program are finalized.
Though the broad outlines of the Greek bailout were agreed last Monday by the eurozone’s 19 leaders, the details are now being negotiated…
Speaking on ARD television’s Bericht aus Berlin program, Merkel said that “a classic haircut of 30, 40 per cent of debt cannot happen in a currency union.”
But Merkel, who persuaded German lawmakers on Friday to give their overwhelming backing to another financial rescue package, suggested that she was open to discussing ways to lessen the burden on Athens.
She said, for example, Greece previously has been given more favourable interest rates, time extensions and other relief
“We can talk about such things again,” she said, but added such talks could only begin after details of Greece’s bailout program are finalized.
Though the broad outlines of the Greek bailout were agreed last Monday by the eurozone’s 19 leaders, the details are now being negotiated…
