Ambarella Announces First Quarter Fiscal Year 2025 Earnings Conference Call to be Held May 30, 2024

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The Canadian Press
London Drugs says it's unwilling to pay ransom demanded by hackers
RICHMOND, B.C. — Retailer London Drugs says it is "unwilling and unable" to pay a multimillion-dollar ransom to cybercriminals who claim to have stolen data in a hacking attack that recently shut down its stores for more than a week.
BuzzFeed
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Bloomberg
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Reuters
Canada's Power Corp shuts down China unit, lays off staff, sources say
Power Corporation of Canada (Power Corp) has shut its China investment unit and dismissed all staff, said two people briefed on the matter, becoming the latest Western financial firm to pull back amid the country's economic challenges. Power Sustainable, which is the asset management arm of Power Corp and manages $4.5 billion of assets globally, started laying off all of its 17 local staff in recent weeks as it moved towards shutting down the Shanghai-based unit, said the people. Economic slowdown has seen many of the Western financial firms that scrambled to expand China operations a few years ago take a hit on their earnings and rein in their ambitions for what was a key piece of their global growth strategy.
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Global News
London Drugs 'unwilling and unable' to pay ransom demanded by hackers
London Drugs says it is "unwilling and unable" to pay the $25 million ransom demanded by cybercriminals who breached the Western Canadian pharmacy and retailer's computer systems in April, which prompted the company to close all of its 79 stores for several days. Heather Yourex-West explains what this could mean for London Drugs' staff and customers.
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The Motley Fool
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The Canadian Press
Canada’s inflation rate falls to 2.7% in April, driving up odds of June rate cut
OTTAWA — Canada’s annual inflation rate fell to 2.7 per cent in April amid a broad-based slowdown in price growth, boosting expectations of an interest rate cut next month. Statistics Canada said the slowdown from 2.9 per cent in March was led by food prices, services and durable goods. Tuesday’s consumer price index report bears good news for the Bank of Canada, which has been looking for a sustained decline in inflation toward its two per cent target. And for economists who have been expecting

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Ambarella Announces First Quarter Fiscal Year 2025 Earnings Conference Call to be Held May 30, 2024

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Why I Can’t Stop Buying Shares of This Magnificent High-Yield Dividend Stock in My TFSA

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China ramps up de-dollarization efforts by dumping a record amount of US bonds

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Dividend Investors Can Earn $500 Every Month or More With the Right Stock Offering a 6% Yield

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Canada’s inflation rate falls to 2.7% in April, driving up odds of June rate cut