After market close on Dec. 17, the Federal Reserve signed off on three bank mergers that have been in their pipeline.
LONDON (Reuters) -Low-cost carrier easyJet said it was "in the right place" to meet pent-up demand for summer flights, with bookings above pre-pandemic levels in the last 10 weeks and sold ticket yields for the fourth quarter 15% higher than in 2019. Chief Executive Johan Lundgren said easyJet was "absolutely focused" on strengthening its operational resilience for the summer after it had to cancel flights at Easter because of crew absences. Speaking after the British company reported a first-half loss of 545 million pounds ($675 million), in line with guidance, Lundgren said easyJet was managing the fastest post-pandemic ramp-up of any airline.
The rouble has become the world's best-performing currency this year despite a full-scale economic crisis, artificially supported by controls that Russia imposed in late February to shield its financial sector after it sent tens of thousands of troops into Ukraine.
Today, the Minister of Environment and Climate Change, the Honourable Steven Guilbeault, hosted a roundtable alongside Canada's Prime Minister, the Right Honourable Justin Trudeau, and His Royal Highness The Prince of Wales to harness the power of sustainable finance in fighting climate change and building strong economies. The roundtable brought together leaders from Canada's financial and banking sector, Government of Canada institutions, and civil society, as well as other sustainable finance
Last month, Boeing confirmed a delay to 2025 in handing customers the first 777X jet from a prior target of late in 2023, but said it retained confidence in the programme. Before the delays, SIA had expected to receive by the end of 2023 the first of the 31 777X planes it has on order, Chief Executive Goh Choon Phong told analysts and media.
KOENIGSWINTER, Germany (AP) — Finance ministers for the Group of Seven leading economies grappled Thursday with deepening inflation concerns and the immediate effects of Russia’s war in Ukraine, with U.S. Treasury Secretary Janet Yellen promising that the allies would put together enough additional aid to help Ukraine “get through this.” “All of us pledged to do what's necessary to fill the gap,” Yellen said as the ministers finished their first of two days of talks. Although she did not have a
Quark Expeditions, the recognized Leader in Polar Adventures, has announced a much-awaited return to the rarely-visited emperor penguin colony at Snow Hill Island in the Weddell Sea of Antarctica. The 14-day Emperor Penguin Quest: Expedition to Snow Hill will have two departures in November 2023.
Magna (TSX:MG)(NYSE:MGA) stock has grown 8% in the last week but is down over the last year. So is a dividend enough to allow investors to buy and wait? The post Magna Stock: Is a 3% Dividend Yield Enough to Make Investors Stay? appeared first on The Motley Fool Canada.
Canopy Growth Corporation ("Canopy Growth" or "the Company") (TSX: WEED) (NASDAQ: CGC) and Lemurian, Inc. ("Jetty"), a California-based producer of high-quality cannabis extracts and pioneer of clean vape technology, announced today that they have entered into definitive agreements (the "Agreements") providing Canopy Growth, by way of a wholly-owned subsidiary ("Canopy Sub"), the right to acquire, upon federal permissibility of THC in the U.S. or earlier at Canopy Growth's election, up to 100% o
(Reuters) -An S&P Dow Jones Indices executive told Reuters on Wednesday it has removed electric carmaker Tesla Inc from the widely followed S&P 500 ESG Index because of issues including claims of racial discrimination and crashes linked to its autopilot vehicles, and Tesla CEO Elon Musk responded with harsh tweets including that "ESG is a scam". In it changes, effective May 2, the sustainability index also added soon-to-be-Musk-controlled Twitter Inc and oil refiner Phillips 66 while dropping Delta Air Lines and Chevron Corp, according to an announcement. The back-and-forth over the index changes reflects a wider debate about the metrics used to judge corporate performance on environmental, social and governance (ESG) issues, a growing area of investing.
Instead of worrying about the ongoing market selloff, investors should act now and add some safe dividend stocks to their portfolios to keep getting good returns. The post Market Selloff: 2 Safe-Haven Dividend Stocks to Limit Your Losses appeared first on The Motley Fool Canada.
Companies including Microsoft Corp, Amazon.com Inc and Tesla have rushed to the aid of their U.S. employees as several states tighten abortion restrictions. The country's top court is also set to overturn a 1973 ruling which legalized abortion nationwide, according to a leaked initial draft majority opinion by the U.S. Supreme Court. Citigroup Inc began covering travel expenses for employees who go out of state for abortions in March, the first major bank to do so.
WELLINGTON (Reuters) -New Zealand's government on Thursday promised to spend more than NZ$1 billion ($630 million) to help people cope with inflation that has reached three-decade highs in the Pacific nation. The public deficit for the current financial year, ending on June 30, will be narrower than previously forecast but a return to surplus will take longer than expected, the government said in its annual budget announcement. "COVID-19, climate change and the war in Ukraine have taught us we need to build a more secure economy that protects New Zealand households from the external shocks we know are coming," she added.
Japanese conglomerate Sony Group Corp said it is well-positioned to play a leading role in the metaverse, or immersive virtual worlds, which commentators speculate will massively disrupt industries and establish new powerhouses. The metaverse is a vague term encapsulating the idea that consumers will spend more time in online simulated environments. "The metaverse is at the same time a social space and live network space where games, music, movies and anime intersect," Chief Executive Kenichiro Yoshida said at a strategy briefing on Wednesday, pointing to the use of free-to-play battle royale title Fortnite from Epic Games as an online social space.
ICOA Inc. (OTC PINK: ICOA), a publicly-traded Nevada-based company that acquires exciting blockchain-driven ventures, has announced that The ICOA Fund is now live and available for subscription.
WASHINGTON (AP) — Chair Jerome Powell on Tuesday underscored the Federal Reserve's determination to keep raising interest rates until there is clear evidence inflation is steadily falling — a high-stakes effort that carries the risk of causing an eventual recession. The Fed's increases in its benchmark short-term rate typically lead, in turn, to higher borrowing costs for consumers and businesses, including for mortgages, auto loans and credit cards. “What we need to see is inflation coming down
China, the world's top oilseed buyer, suspended two Canadian canola exporters in March 2019, alleging that pests had been detected in shipments. China's claims, disputed by Canada at the time, came amid political and trade tensions between the two countries following the arrest of Huawei executive Meng Wanzhou in Vancouver for extradition to the United States. "We welcome this decision to remove the restrictions and immediately reinstate the two companies to allow them to export Canadian canola seeds," said Canadian Trade Minister Mary Ng and Agriculture Minister Marie-Claude Bibeau in a statement.
JA Solar celebrates its 2022 new product launch event on May 18, with the release of its first n-type PV module DeepBlue 4.0 X. This innovative new product offering marks the company's first entry into the n-type PV product market.
Sitka Gold Corp. ("Sitka" or the "Company") (CSE: SIG) (FSE: 1RF) (OTCQB: SITKF) is pleased to announce assay results from diamond drill hole DDRCCC-22-024 ("Hole 24"), the third drill hole completed during the Company's 2022 winter exploration program at its road accessible, district-scale RC Gold Project ("RC Gold" or the "Project") located within the Yukon's prolific Tombstone Gold Belt (see Figure 1). Four diamond drill holes were completed during the 2022 winter drilling program (DDRCCC-22-
Next Earth announced a collaboration with SEE Turtles, a non-profit organization working to protect endangered sea turtles through conservation tours, education, funding, and more. The campaign will have a duration of 14 days, from 19 May to 2 June.
TOKYO (AP) — Japan’s economy shrank at a worse than expected annual rate of 1% in the first quarter, as rising prices and COVID-19 restrictions sapped spending and investment, according to data released Wednesday. Japan’s real gross domestic product, or GDP, the sum of the value of a nation’s products and services, contracted 0.2% in January-March compared to the previous quarter, the Cabinet Office said. The world’s third-largest economy managed modest growth in the final quarter of last year,
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