SEOUL, South Korea (AP) — Officials say South Korea’s economy is recovering from the initial shock of a nationwide walkout staged by thousands of cargo truckers, even as their strike reached its 14th day on Wednesday amid a stalemate with the government over freight fare issues. The conservative government of President Yoon Suk Yeol has taken aggressive steps to defuse the impact of the strike, issuing contentious back-to-work orders to more than 2,000 drivers of cement trucks among broader grou
Grocer sheltering consumers from manufacturers' price increases, executive says at parliamentary committee on corporate greed and food inflation
Karisma Hotels & Resorts is dialing up the holiday cheer announcing the first-ever Nickelodeon Holiday Extravaganza at Nickelodeon Hotels & Resorts Riviera Maya and Nickelodeon Hotels & Resorts Punta Cana. Join the F.U.N. throughout December with one-of-a-kind themed events, seasonal food and beverage offerings, exclusive holiday activities, meet and greets with iconic Nickelodeon characters, and unbeatable holi-deals to ignite joy and spark imagination for the whole family. The Nickelodeon Holi
TORONTO — Canada's main stock index closed down more than 250 points Tuesday in broad losses led by energy and technology over interest rate concerns and a drop in crude prices, while U.S. stock markets were also in the red. Markets in both countries were down by more than one per cent for a second day as data such as job numbers and service sector activity showed continued strength, especially in the U.S., said Colin Cieszynski, chief market strategist at SIA Wealth Management Inc. "Equities ar
Here's why Tourmaline Oil (TSX:TOU) is one of the top natural gas stocks long-term investors should consider buying in this volatile market. The post Should You Be Buying Liquefied Natural Gas Stocks Right Now? appeared first on The Motley Fool Canada.
ST. PAUL, Minn. (AP) — The Minnesota Board of Pharmacy on Monday sued a Moorhead-based manufacturer of THC-laced gummies, saying the company's candies contain far stronger doses of the chemical that gives marijuana its high than state law allows. The lawsuit alleges that Northland Vapor Co. and its stores in Moorhead and Bemidji are violating Minnesota's new law allowing low-potency edible and drinkable cannabinoids. Those products must not contain more than 5 milligrams of hemp-derived THC in a
SAVANNAH, Ga. (AP) — The Port of Savannah plans a $410 million overhaul of one of its sprawling terminals to make room for loading and unloading larger ships while focusing its business almost exclusively on cargo shipped in containers. The Georgia Ports Authority's governing board approved the project Monday under a plan to expand Savannah’s capacity for cargo containers by more than 50% by 2025. “We’re taking the Georgia ports from a Southeast gateway to a global gateway,” said Griff Lynch, ex
Willie Walsh, Director General of the International Air Transport Association, which includes most of the world's major airlines, called for swifter action in Europe to drive up scarce production of greener Sustainable Aviation Fuel (SAF). Air fares have already jumped this year as a result of higher prices for conventional fossil-based jet fuel.
Canada's exports rose in October, largely driven by pharmaceutical products, while imports were also up, largely as a result of a depreciation of the Canadian dollar, data showed on Tuesday. The country's trade surplus with the world grew to C$1.21 billion ($888.53 million) in October, Statistics Canada said, slightly above analysts' forecasts of a surplus of C$1.20 billion. Exports rose 1.5%, helped by higher exports of medicinal products as well as gold bars and coins to the United States, Statscan said.
Today, DoorDash Canada announced the launch of new Partnership Plans to better support restaurant partners nationwide. Beginning today, all Canadian local restaurant owners have the choice of three different plans, with commission rates that vary based on the inclusion of services provided. Additionally, DoorDash is including DoorDash Storefront, an Online Ordering Software, in all partnership plans that enables any restaurant to turn their website into an ecommerce store. The industry-leading P
Scotiabank (TSX:BNS) stock had a strong performance in November. Investors should look to buy this bank stock after earnings. The post Scotiabank Stock Rose 5.6% in November: Is it a Buy Today? appeared first on The Motley Fool Canada.
The dollar will rebound against most currencies over the coming months, with the growing threat of recession in the U.S. and elsewhere keeping it firm in 2023 through safe-haven flows, according to market strategists polled by Reuters. While most said there was not much scope for further dollar upside based on monetary policy, the threat of deeper-than-expected economic weakness and renewed inflationary pressure mean investors may be reaching prematurely for riskier assets. Down over 5% in November, the dollar index had its worst monthly performance since September 2010, in large part on expectations the U.S. Federal Reserve is about to slow the pace of its rate hikes and that an eventual pause is near.
Midco® is enhancing the home internet experience by introducing Midco Wi-Fi powered by Plume HomePass®. This next-gen Wi-Fi service is fueled by cloud, artificial intelligence and open-source technology to deliver even faster, smarter, and more reliable Wi-Fi experiences throughout the home.
Current CEO Patrizio Bertelli, 76, will be appointed chairman of the luxury company at annual shareholder meeting next spring. Current co-CEO Miuccia Prada, 73, will remain creative director of the Miu Miu and Prada brands - the latter together with Belgian designer Raf Simons - and a board member.
These dividend stocks could more than double your TFSA, all from reinvesting solid passive income for years to come. The post TFSA: 3 Buy-and-Hold Dividend Stocks With Massive Long-Term Potential appeared first on The Motley Fool Canada.
Dividend stocks are a retiree's best friend. But what about during a recession? Buy these four dividend stocks for solid income in 2023. The post These 4 Canadian Dividend Stocks Are a Retiree’s Best Friend appeared first on The Motley Fool Canada.
MOSCOW (Reuters) -Russia's automobile market slump extended into November, the Association of European Businesses (AEB) said on Tuesday, with sales of new cars down 61.6% year-on-year, as the struggling sector feels the strain of sanctions and subdued demand. Sales have dived since Moscow sent tens of thousands of troops into Ukraine in February, with sanctions hindering access to parts and several foreign producers suspending operations in the country. The AEB said 46,403 vehicles were sold during November, compared with more than 120,000 vehicles sold in the same month of 2021.
Luminex Resources Corp. (TSXV: LR) (OTCQX: LUMIF) (the "Company" or "Luminex") is pleased to announce drill results from four holes at the Cuyes West structure and from three holes at the Ruiz structure. At Cuyes West, the current drilling has confirmed the strike length of the structure is in excess of 300 metres, and it has been mapped at surface for more than 500 metres. The drill intersection in hole CU22-12, the deepest so far, indicates that it has a vertical extent of at least 250 metres.
ESG’s abandonment of fiduciary duty is a significant part of the investing backlash against it
"It is imperative that you attend our hearing on the 13th, and we are willing to schedule continued hearings if there is more information to be shared later," Representative Maxine Waters, the committee chair, wrote on Twitter. On Sunday, Bankman-Fried tweeted that he would testify before the committee after he finished "learning and reviewing" the events that led to the spectacular collapse of his cryptocurrency exchange. In the tweet Bankman-Fried said he was unsure if that would happen before Dec. 13.