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IONS earnings call for the period ending September 30, 2021.
You still have a chance to reduce your 2021 tax bill by investing up to $27,830 in an RRSP. But know these things before investing. The post RRSP: How to Reduce Your 2021 Tax Bill in January 2022 appeared first on The Motley Fool Canada.
On December 7, 2021, MIOK Keratoprosthesis was approved for listing by NMPA, the Chinese agency for regulating drugs and medical devices. MIOK Keratoprosthesis is the world's first ever approved artificial cornea that requires no co-implantation of donor corneas, and is of great significance across the 60 million patients with corneal blindness worldwide, as MIOK Keratoprosthesis makes it no longer impossible to restore sight to patients with corneal blindness, and ease the burden on their famil
BEIJING (Reuters) -Starbucks, which has seen sales slow in China due to COVID-19's fallout, is attempting to widen its reach in its second-biggest market globally by distributing its coffees through the country's dominant food delivery firm, Meituan. The U.S. coffee chain said on Tuesday it has entered into a partnership with Meituan that will allow its Chinese customers to order coffee delivery and make reservations at its stores via the super-app's platforms. The move comes as competition in the Chinese coffee market is intensifying, and is aimed at expanding the availability of Starbucks, which first begun food delivery services in the country in 2018 through an exclusive partnership with Alibaba Group's Ele.me arm, Meituan's main rival.
GENEVA (AP) — Credit Suisse said Monday that its chairman has resigned following an internal investigation that reportedly found he violated quarantine rules intended to fight the COVID-19 pandemic. The resignation of Antonio Horta-Osorio, a British-Portuguese national who took the job barely eight months ago, was announced shortly after midnight Monday. It is the latest upheaval at the top-drawer Swiss bank that has faced an array of recent troubles including bad bets on hedge funds and an inte
Small-cap energy stocks could see steep rallies in 2022 with strength in oil and gas prices. The post Why Did Surge Energy (TSX:SGY) Stock Zoom 20% Last Week? appeared first on The Motley Fool Canada.
TOKYO (Reuters) -Farallon Capital Management on Tuesday urged Toshiba Corp to secure the legally required support of two-thirds of its shareholders before the Japanese industrial conglomerate continues with a controversial plan to split in three. U.S. hedge fund Farallon, Toshiba's third-largest shareholder with a stake of more than 6%, joined the second-largest investor 3D Investment Partners in demanding a higher threshold for the break-up plan. Since Toshiba is nearly 30% owned by foreign funds, many of which appear to oppose the split, setting the 67% bar could force the conglomerate to ditch its plan.
OneShield Software (www.OneShield.com), a preeminent and innovative provider of core software solutions to P&C insurance companies, is pleased to announce the appointment of Rex Blazevich as Senior Vice President Business Intelligence and Transformation. Reporting to CEO Cameron Parker, Rex will lead the design and execution of optimized business processes to prepare the company for greater scale.
The largest U.S. health insurer said members in its Medicare Advantage (MA) health plans, for people older than 65 or with disabilities, increased by more than 900,000 in 2021. The comments could ease investor concerns around the impact of rising competition on the MA insurance plans, which are funded by the U.S. government but administered by private insurers like UnitedHealth. Rival Humana Inc had slashed its 2022 growth view for MA plans earlier this month in a move that had sent shares in the sector lower.
MOSCOW (AP) — Russia's top diplomat angrily rejected U.S. allegations that Moscow was preparing a pretext to invade Ukraine, as Russian troops that are amassed near the Ukraine border launched more drills Monday. The White House said Friday that U.S. intelligence officials had concluded that Russia had already deployed operatives to rebel-controlled eastern Ukraine to carry out acts of sabotage there and blame them on Ukraine in a “false-flag operation” to create a pretext for possible invasion.
Hugo Boss said on Tuesday that it had exceeded its full year sales targets after fourth quarter earnings helped propel the German fashion house back to nearly pre-pandemic levels. The full balance sheet will be published on March 10.
BALTIMORE (AP) — A lawyer for Baltimore's top prosecutor has outlined her defense against federal criminal charges stemming from her purchase of two Florida vacation homes. Baltimore State’s Attorney Marilyn Mosby is accused of lying about meeting qualifications for coronavirus-related distributions from a city retirement plan. Her attorney, A. Scott Bolden, told reporters on Monday that Mosby was entitled to make an early withdrawal from her retirement savings without facing any penalties. “I’m
The dollar held near a weekly high on Wednesday after a surge in U.S. yields resulted in sharp gains this week against the euro amid growing bets the Federal Reserve will raise interest rate. Sterling was flat against the dollar after data showed British inflation rose 5.4% in December, to its highest level in 30 years, raising rate hike expectations. Ambrose Crofton, Global Market Strategist at J.P. Morgan Asset Management, said he expects the Bank of England will raise interest rates by 25 basis points in February.
Oracle opened a data centre in South Africa on Wednesday to provide local cloud services across Africa for the first time, joining the likes of Microsoft and Amazon in setting up facilities in the southernmost country on the continent. Africa will be the U.S. company's 37th "cloud region" - an area that allows customers to get faster access from a local data centre, in this case in Johannesburg.
The head of Japan's main steel industry lobby said on Tuesday the European Union's decision to extend anti-dumping measures on electrical steel from Japan was inappropriate and it would consider taking action. On Monday, the EU extended setting minimum prices for electrical steel from Japan, China, Russia, South Korea and the United States for five years on the basis that producers would otherwise dump it on the EU market.
We asked our Foolish writers for their top ideas for 2022. Here are their picks. The post 15 Top Stock Picks for 2022 appeared first on The Motley Fool Canada.
The Canadian dollar edged up against its broadly stronger U.S. counterpart on Tuesday as oil prices climbed to their highest level since 2014 and investors bet that the Bank of Canada would raise interest rates as soon as next week. The move higher in crude prices "is supporting some oil proxies in the FX space," said Bipan Rai, North America head of FX Strategy at CIBC Capital Markets. Canada is a major producer of oil, which settled 1.9% higher at $85.43 a barrel as possible supply disruption after attacks in the Middle East added to an already tight supply outlook.
The family of an Amazon.com delivery truck driver in Illinois who died in December when a warehouse was destroyed by a swarm of tornadoes that killed six people there, filed a lawsuit against the online retailer on Monday over his death. The suit, the first against the company stemming from the disaster, was brought in state court by the Chicago firm, Clifford Law Offices, on behalf of the family of driver Austin McEwen, 26. It was filed in Third Judicial Circuit in Madison County, Illinois.
TIRANA, Albania (AP) — Albania and Turkey on Monday pledged to further boost their ties and increase their economic and cultural relations. Turkish President Recep Tayyip Erdogan visited Albania to talk with Prime Minister Edi Rama on strengthening bilateral ties and also inaugurate new apartments funded by Turkey for Albanians left homeless by the 2019 earthquake. Upon landing Erdogan immediately headed to the northwestern town of Lac, 50 kilometers (30 miles) northwest of the capital Tirana, w
The Canadian Real Estate Association says annual home sales reached a new high in 2021, eclipsing the previous record set in 2020 by about 20 per cent. The association said Monday that about 667,000 residential properties changed hands in 2021, about 30 per cent more than the 10-year average. However, home sales in December were little changed from November and were coupled with a dearth of properties on the market that was so extreme that CREA senior economist Shaun Cathcart called it a record
Omineca Mining and Metals Ltd. (TSXV: OMM) ("Omineca") announces the grant of 1,300,000 stock options pursuant to its stock option plan. 300,000 of the options were granted to directors and executive officers, with the balance granted to consultants. The options are exercisable at $0.20 per share and, if not exercised, expire January 13, 2027, subject to earlier expiration in accordance with the stock option plan and the applicable policies of the TSX Venture Exchange.