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Investing in the health care sector—better returns than tech? + MORE Apr 19th
The tech sector has been a favourite of Canadian investors in recent years, thanks to growing global adoption of technology, innovative product offerings, a revenue boom and stock price appreciation—all of which have created a fear of missing out among investors. However, tech stocks have been qui.... More »
Boeing 737 Max grounding prompts Air Canada to suspend financial outlook Mar 15th
Canada's largest airline is suspending its financial guidance for this year following the decision by regulators in Canada and the United States to ground the Boeing 737 Max aircraft until further notice..... More »
Toronto house prices soar in September + MORE Oct 5th
TORONTO – Housing sales in the Toronto area continued to soar last month, with the average price rising 20.4 per cent from September last year to $755,755, the Toronto Real Estate Board reported Wednesday.
The price increases came as the number of transactions in the Greater Toronto Area rose 21.5.... More »
1 in 6 Canadians struggling with finances, Angus Reid survey finds Jul 17th
More than a quarter of Canadians are already facing serious financial hardship, according to the findings of a new study released today as part of an examination of poverty..... More »
Adidas unsure what to do with €1.2bn Yeezy goods - BBC Mar 9th
Adidas unsure what to do with €1.2bn Yeezy goods BBCAdidas earnings take beating on breakup with Kanye West CTV NewsAdidas CEO Floats Idea of Selling Yeezy Gear, Donating Profit BNN BloombergAdidas still weighing what to do with huge inventory of Kanye West’s Yee.... More »
Yahoo hack: How to protect yourself
– moneysense.ca
This week, news hit that around 500 million Yahoo accounts were hacked by a state-sponsored attack. For a while, Yahoo was the main email provider for Rogers customers, so some Canadians could be affected. What does this mean for the safety of your financial information? We spoke to Toronto-based cyber-security expert, Dave Lewis to find out.
Am I affected?
You may have received an email from Rogers informing you of the hack, prompting you to change your password. In a statement to Newstalk 1010, Rogers said that Yahoo is looking into the issue and that so far, no account numbers or credit card information has been stolen. In the next few days, you may want to check out HaveIBeenPwned.com, says Lewis. It’s a site that documents email addresses that have been breached in some way. Of course, it may take some time for it to update to include the latest Yahoo hack.
No credit card information stolen—that’s good right?
Yes and no. Banks and credit unions will protect you against anti-fraud…
Am I affected?
You may have received an email from Rogers informing you of the hack, prompting you to change your password. In a statement to Newstalk 1010, Rogers said that Yahoo is looking into the issue and that so far, no account numbers or credit card information has been stolen. In the next few days, you may want to check out HaveIBeenPwned.com, says Lewis. It’s a site that documents email addresses that have been breached in some way. Of course, it may take some time for it to update to include the latest Yahoo hack.
No credit card information stolen—that’s good right?
Yes and no. Banks and credit unions will protect you against anti-fraud…
Moody’s downgrades Turkey’s credit rating to ‘junk’ status
– canadianbusiness.com
NEW YORK, N.Y. – Moody’s has downgraded Turkey’s credit rating to “junk” status, a further blow to an economy shaken by terrorist attacks, a failed military coup and a diplomatic spat with Russia.
The rating agency on Friday lowered its rating on Turkey’s debt one notch, stripping it of investment-grade status. The move could mean higher borrowing costs as investors demand steeper interest rates to take on riskier Turkish debt.
Moody’s indicated it expects Turkey’s economic growth to be weighed by political turmoil following July’s coup attempt that could scare off vital foreign investment and stall economic reforms.
It also cited the impact on the country’s tourism industry from a string of extremist attacks and a row over Turkey’s downing of a Russian warplane last year that has kept Russian visitors away.
The post Moody’s downgrades Turkey’s credit rating to ‘junk’ status appeared first on Canadian Business – Your Source For Business News.
The rating agency on Friday lowered its rating on Turkey’s debt one notch, stripping it of investment-grade status. The move could mean higher borrowing costs as investors demand steeper interest rates to take on riskier Turkish debt.
Moody’s indicated it expects Turkey’s economic growth to be weighed by political turmoil following July’s coup attempt that could scare off vital foreign investment and stall economic reforms.
It also cited the impact on the country’s tourism industry from a string of extremist attacks and a row over Turkey’s downing of a Russian warplane last year that has kept Russian visitors away.
The post Moody’s downgrades Turkey’s credit rating to ‘junk’ status appeared first on Canadian Business – Your Source For Business News.
Performance Sports Group CEO swaps stock for cash amid uncertainty
– theglobeandmail.com
Harlen Kent has also had his initial base salary doubled since becoming head of the company on June 20
