Canada markets open in 6 hours 1 minute
  • News
    Bloomberg

    US, UK Hit Myanmar With New Sanctions Two Years After Coup

    (Bloomberg) -- The US and its allies Canada, the UK and Australia have imposed fresh sanctions on Myanmar, adding to pressure on the military regime, two years since it overthrew the civilian government led by Aung San Suu Kyi in a coup.Most Read from Bloomberg8,000 Layoffs Don’t Exactly Scream Family ValuesSony Slashes PlayStation VR2 Headset Output After Pre-Orders DisappointPutin’s War in Ukraine Pushes Ex-Soviet States Toward New AlliesMicrosoft Studio Behind Halo Faces a Reboot on Years of

  • Business
    Bloomberg

    Adani Rout Deepens as Record Stock Sale Fails to Quell Doubts

    (Bloomberg) -- The crisis of confidence plaguing Gautam Adani is deepening, with the stock rout triggered by Hindenburg Research’s fraud allegations erasing a third of the market value in his group’s companies despite the completion of a key share sale.Most Read from Bloomberg8,000 Layoffs Don’t Exactly Scream Family ValuesSony Slashes PlayStation VR2 Headset Output After Pre-Orders DisappointPutin’s War in Ukraine Pushes Ex-Soviet States Toward New AlliesMicrosoft Studio Behind Halo Faces a Reb

  • Business
    Reuters

    Analysis-Hawkish Fed could hobble volatility funds’ stock buying spree

    Volatility-linked funds estimated to be buying as much as $2 billion in U.S. equities daily are helping drive this year's rebound in stocks and may ramp up purchases in coming weeks, though a hawkish Federal Reserve could spoil the party. The S&P 500’s 6.2% surge in January has been accompanied by a drop in measures of volatility across the board. Daily swings in the index over the past month were the smallest since early 2022, while the Cboe Volatility Index also stands near a one-year low.

  • Business
    Bloomberg

    Oil Ticks Higher Ahead of Fed Policy Decision, OPEC+ Guidance

    (Bloomberg) -- Oil edged higher before a Federal Reserve monetary-policy decision and guidance from producer group OPEC and its allies.Most Read from Bloomberg8,000 Layoffs Don’t Exactly Scream Family ValuesSony Slashes PlayStation VR2 Headset Output After Pre-Orders DisappointPutin’s War in Ukraine Pushes Ex-Soviet States Toward New AlliesMicrosoft Studio Behind Halo Faces a Reboot on Years of TurmoilNational Archives Releases Records Tied to Trump Classified DocumentsWest Texas Intermediate ro