The “Big Five” Canadian banks offer investment funds and include Royal Bank of Canada, Toronto Dominion Bank (TD Canada Trust), Bank of Nova Scotia, Bank of Montreal and Canadian Imperial Bank of Commerce (CIBC). Let’s explore the best place for you to invest.
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‘See people, not the virus’: HIV Edmonton aims to end stigma on World Aids Day - CTV News Dec 2nd
‘See people, not the virus’: HIV Edmonton aims to end stigma on World Aids Day CTV NewsMessage from the Minister of Health and the Minister of Indigenous Services on World AIDS Day and Indigenous AIDS Awareness Week canada.caHIV rates on the rise since start of COVID-19 pan.... More »
Stock market news for investors: Transat, Empire and Algoma report earnings + MORE Mar 14th
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Transat A.T. Inc.
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Iran exports first oil shipment to Europe since nuclear deal + MORE Feb 14th
TEHRAN, Iran – Iran says it has exported its first crude oil shipment to Europe since it reached a landmark nuclear deal with world powers, the official IRNA news agency reported Sunday.
IRNA quoted Deputy Oil Minister Rokneddin Javadi as saying the shipment was the first in five years and mar.... More »
RBC misses Q3 profit expectations as bad-loan provisions jump - BNN Bloomberg Aug 24th
RBC misses Q3 profit expectations as bad-loan provisions jump BNN BloombergROYAL BANK OF CANADA REPORTS THIRD QUARTER 2022 RESULTS Canada NewsWireToronto-Dominion Bank stock rises Tuesday, still underperforms market MarketWatchNational Bank reports third-quarter prof.... More »
Ford government threatens to take control of real estate watchdog as realtors call for answers - CTV News Aug 31st
Ford government threatens to take control of real estate watchdog as realtors call for answers CTV NewsCanada’s largest private landlord often dramatically increases eviction applications after acquiring buildings, study finds Toronto StarOntario real estate agency has accoun.... More »
Twitter abuzz as politicians, staffers weigh in on mystery of Las Vegas Review-Journal buyers
– canadianbusiness.com
LAS VEGAS, Nev. – The ownership mystery surrounding the sale of the Las Vegas Review-Journal has captured the attention of the media industry as the newspaper’s staff and some politicians demand to know the identity of the new boss.
The timing of the deal and the purchase price have Twitter buzzing and rumours flying that a wealthy GOP donor bought the largest newspaper in a swing state to influence the presidential election. Even a White House hopeful has weighed in on the matter.
The recently incorporated News + Media Capital Group LLC announced last week that it bought the Las Vegas Review-Journal and some affiliated publications for $140 million. That’s a markup of about 37 per cent from the paper’s last sale earlier this year, when the similarly named New Media Investment Group bought it.
Wednesday night, the newspaper cited anonymous sources as saying that the son-in-law of billionaire casino owner Sheldon Adelson arranged the $140 million purchase on Adelson’s behalf…
The timing of the deal and the purchase price have Twitter buzzing and rumours flying that a wealthy GOP donor bought the largest newspaper in a swing state to influence the presidential election. Even a White House hopeful has weighed in on the matter.
The recently incorporated News + Media Capital Group LLC announced last week that it bought the Las Vegas Review-Journal and some affiliated publications for $140 million. That’s a markup of about 37 per cent from the paper’s last sale earlier this year, when the similarly named New Media Investment Group bought it.
Wednesday night, the newspaper cited anonymous sources as saying that the son-in-law of billionaire casino owner Sheldon Adelson arranged the $140 million purchase on Adelson’s behalf…
Swiss regulator bans 6 former UBS managers, traders from business over currency manipulation
– canadianbusiness.com
GENEVA – Switzerland’s market supervisor has banned six former managers and traders at UBS AG from working in the sector for up to five years, punishment for their involvement in the manipulation of currency markets.
The Swiss Financial Market Supervisory Authority said Thursday that the former heads of global foreign exchange trading and foreign exchange spot trading — who were not identified — were banned for four and five years respectively from senior management positions at institutions it oversees.
The authority also imposed bans of at least one year on four foreign exchange and precious metals traders who worked at UBS’s spot trading desk. It says none of those involved still work at the bank.
UBS was one of several global banks that agreed last year to settlements over currency market manipulation.
The post Swiss regulator bans 6 former UBS managers, traders from business over currency manipulation appeared first on Canadian Business – Your Source For Business News.
The Swiss Financial Market Supervisory Authority said Thursday that the former heads of global foreign exchange trading and foreign exchange spot trading — who were not identified — were banned for four and five years respectively from senior management positions at institutions it oversees.
The authority also imposed bans of at least one year on four foreign exchange and precious metals traders who worked at UBS’s spot trading desk. It says none of those involved still work at the bank.
UBS was one of several global banks that agreed last year to settlements over currency market manipulation.
The post Swiss regulator bans 6 former UBS managers, traders from business over currency manipulation appeared first on Canadian Business – Your Source For Business News.
CTV NewsVictim of 'unprovoked' downtown Toronto stabbing dies in hospitalCTV NewsThe victim of an "unprovoked" stabbing at a downtown Toronto drug store has died in hospital. Police confirmed on Thursday morning that the woman, who has yet to be publicly identified, died due to injuries sustained in a stabbing last week. The …Victim in Shoppers Drug Mart stabbing diesCityNewsWoman stabbed downtown Friday dies in hospitalNewstalk 1010Woman stabbed in Toronto financial district reportedly dies in hospitalNews Talk 610 CKTBCP24 Toronto’s Breaking News -Toronto Sun -CBC.ca -City of Torontoall 61 news articles »
US Fed raises key interest rate for first time in 9 years – CTV News
– news.google.ca
CTV NewsUS Fed raises key interest rate for first time in 9 yearsCTV NewsWASHINGTON — The U.S. Federal Reserve is raising interest rates from record lows set at the depths of the 2008 financial crisis, a shift that heralds modestly higher rates on some loans. The Fed coupled its first rate hike in nine years with a signal …Markets welcome US Fed's move to raise interest ratesTelegraph.co.ukA Missed Opportunity of Ultra-Cheap MoneyNew York TimesThe Fed wants to raise interest rates. But can it?The Week MagazineThe Guardian -Seeking Alpha -TIMEall 8,302 news articles »
French telecom giant Orange fined $381 million for abusing market dominance
– canadianbusiness.com
PARIS – Telecommunications group Orange SA has been fined 350 million euros ($381 million) for abusing its market dominance in France.
Orange said it would adapt its practices based on Thursday’s ruling by France’s competition authority, which ends eight years of litigation. Orange, the former French state phone monopoly, now has operations across Europe, the Mideast and Africa.
Orange spokesman Tom Wright said the fine was the result of a settlement and will have “no impact” on financial results. The company will not appeal.
The anti-trust authority said Orange abused its market position to keep business clients from switching to competitors’ mobile phone services, notably through the accumulation of low-price offers. The watchdog also outlined discriminatory practices toward other fixed-line operators lacking access and inside information about France’s copper line network.
The post French telecom giant Orange fined $381 million for abusing market dominance appeared first on Canadian Business – Your Source For Business News.
Orange said it would adapt its practices based on Thursday’s ruling by France’s competition authority, which ends eight years of litigation. Orange, the former French state phone monopoly, now has operations across Europe, the Mideast and Africa.
Orange spokesman Tom Wright said the fine was the result of a settlement and will have “no impact” on financial results. The company will not appeal.
The anti-trust authority said Orange abused its market position to keep business clients from switching to competitors’ mobile phone services, notably through the accumulation of low-price offers. The watchdog also outlined discriminatory practices toward other fixed-line operators lacking access and inside information about France’s copper line network.
The post French telecom giant Orange fined $381 million for abusing market dominance appeared first on Canadian Business – Your Source For Business News.
