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Wynn Resorts (Macau) S.A. (hereafter referred to as Wynn) is pleased to announce that it has entered into the Concession Extension Agreement with the Macau SAR Government, to extend the gaming concession of Wynn from June 26, 2022 to December 31, 2022.
This growth stock is still up year to date by 14%, whereas many continue to fall around it. Yet it still offers significant value for long-term investors. The post 1 Growth Stock to Buy and Hold During Any Market Correction appeared first on The Motley Fool Canada.
The German government is considering converting parts of the Nord Stream 2 gas pipeline into a connection for a liquefied natural gas terminal on the Baltic Sea coast. Magazine Der Spiegel reported on Friday that the German economy ministry is considering expropriating the part of the pipeline system located on German territory and cutting it off from the rest of the pipeline. Russia said it would be a matter for lawyers if Germany took such steps.
The Ontario Nurses' Association (ONA) sends its congratulations to the province's new Minister of Health and Deputy Premier Sylvia Jones and reappointed Minister of Long-Term Care/Legislative Affairs and Government, Paul Calandra. ONA looks forward to a focus on fixing the province's severe nursing shortage.
Bausch + Lomb Corporation (NYSE/TSX: BLCO) ("Bausch + Lomb" or the "Company"), a leading global eye health company dedicated to helping people see better to live better, is pleased to announce that it has expanded its Board of Directors (the "Board") to add two designees to the Board from Carl C. Icahn and affiliated entities (the "Icahn Group"). Brett Icahn and Gary Hu have joined the Board effective immediately.
NEW YORK — Stocks racked up more gains on Wall Street Friday, as the S&P 500 had its best day in two years and just its second winning week in the last 12 to provide a bit of relief from the market's brutal sell-off this year. The benchmark index rose 3.1%, with technology and banks leading the broad rally. The S&P 500 notched a 6.4% gain for the week, erasing the brutal loss it took a week earlier, though it’s still close to 20% below its record set early this year. The Dow Jones Industrial Ave
The Federal Reserve's commitment to reining in 40-year-high inflation is "unconditional," U.S. central bank chief Jerome Powell told lawmakers on Thursday, even as he acknowledged that sharply higher interest rates may push up unemployment. "We really need to restore price stability ... because without that we're not going to be able to have a sustained period of maximum employment where the benefits are spread very widely," Powell told the U.S. House of Representatives Financial Services Committee. Powell's testimony marked a second straight day of grilling in Congress over the Fed's efforts to control inflation that, by the central bank's preferred measure, is running at more than three times its 2% target.
WASHINGTON (AP) — Average long-term U.S. mortgage rates inched up this week following last week's mammoth jump, the biggest in 35 years. Mortgage buyer Freddie Mac reported Thursday that the 30-year rate ticked up to 5.81% this week, from last week's 5.78%. Last week's average — which jumped more than a half-point from the previous week — was the highest since November of 2008 during the housing crisis. One year ago, the average 30-year rate was 3.02%. The average rate on 15-year, fixed-rate mor
The Canadian government will be allowed to seize and dispose of the assets of people and entities sanctioned by it because of Russia's invasion of Ukraine, in order to use those funds to support Ukraine. Tying up to C$750 million in transit funding for provinces and territories to their efforts to improve housing supply and affordability. More support to provinces and territories to tackle the pandemic-induced backlog of surgeries and medical procedures, through a C$2 billion top-up to the existing Canada Health Transfer.
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A dozen European Union countries have now been affected by cuts to gas supply from Russia, EU climate policy chief Frans Timmermans said on Thursday, as the bloc faces a deepening energy standoff with Moscow. Russia slashed flows through its Nord Stream 1 pipeline to 40% of capacity last week citing problems with equipment, having already cut gas to Poland, Bulgaria, the Netherlands, Denmark and Finland over their refusal to comply with a new payment scheme. Timmermans said 10 of the EU's 27 member countries have issued an "early warning" on gas supply - the first and least severe of three crisis levels identified in EU energy security regulations.
The measures taken to control the inflation in the U.S. and Canada, including an increase in interest rates, can adversely impact crypto assets. The post Crypto Selloff: Has the Bottom Shifted After the Interest Rate Hike? appeared first on The Motley Fool Canada.
NEOM, the sustainable regional development in northwest Saudi Arabia, announced today the appointment of Dr. Andreas Cangellaris as the Founding President of NEOM U – NEOM's first university. Dr. Cangellaris is joining NEOM from the University of Illinois Urbana-Champaign, where he is the M. E. Van Valkenburg Professor in Electrical and Computer Engineering and has been serving as Vice-Chancellor for Academic Affairs and Provost since 2018.
A separate report from CoinDesk said https://www.coindesk.com/business/2022/06/24/goldman-sachs-raising-funds-to-buy-celsius-assets-sources on Friday that Wall Street bank Goldman Sachs was looking to raise $2 billion from investors to buy distressed assets from Celsius. Celsius had $11.8 billion in assets as of last month. The company and Alvarez & Marsal did not immediately respond to Reuters requests for comment.
Today, Eastlink confirmed that its fibre upgrade in Mindemoya is making excellent progress, which will bring high speed internet to residents and businesses in the town as part of the federal government's Universal Broadband Fund program.
Amazon’s Alexa might soon replicate the voice of family members - even if they’re dead. The capability, unveiled at Amazon’s Re:Mars conference in Las Vegas, is in development and would allow the virtual assistant to mimic the voice of a specific person based on a less than a minute of provided recording. Rohit Prasad, senior vice president and head scientist for Alexa, said at the event Wednesday that the desire behind the feature was to build greater trust in the interactions users have with A
WildBrain Ltd. ("WildBrain" or the "Company") (TSX: WILD), a global leader in kids' and family entertainment, has partnered with NBCUniversal's streaming platform, Peacock, to produce 52 new 11-minute episodes of the beloved animated series, Caillou. In addition, Peacock will become the home for five previously announced 44-minute Caillou family specials, currently in production.
Cerro de Pasco Resources Inc. (CSE: CDPR) (Frankfurt: N8HP) ("CDPR" or the "Corporation") is providing an update with respect to its previously announced management cease trade order ("MCTO") issued by the Corporation's principal regulator, the Autorité des marchés financiers (the "AMF"), on May 2, 2022. The MCTO was issued following the Corporation's announcement on April 29, 2022 (the "Default Announcement") that it was unable to file its audited consolidated financial statements, its manageme
Given their reliable cash flows and high dividend yields, these three Canadian stocks could boost your passive income. The post Retirees: Boost Your Passive Income With These 3 Safe Dividend Stocks appeared first on The Motley Fool Canada.
Danish lawmakers on Friday agreed a new corporate carbon tax, the highest in Europe, which will target companies both in and outside the EU's carbon quota system, the government said. A high carbon tax is seen as crucial to help reach Denmark's ambitious 2030 target to cut greenhouse gas emissions by 70% from 1990 levels. The total CO2 levy will be 1,125 Danish crowns ($159) per tonne by 2030 for companies subject to the EU Emissions Trading System (ETS) and will consist of a 375 crowns fee on top of the projected 2030 price of EU carbon permits of 750 crowns.
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