Civic engagement and civil discourse
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Civic engagement and civil discourse
CSafe Global, the innovation leader in temperature-controlled container solutions for the transport of life-enhancing pharmaceuticals, announced today that Bridget Johnson has joined the company's senior leadership team as Senior Vice President of Marketing.
B2Gold Corp. (TSX: BTO) (NYSE AMERICAN: BTG) (NSX: B2G) ("B2Gold" or the "Company") is pleased to announce its total gold production and consolidated gold revenues for the fourth quarter and full-year 2021, in addition to its production and budget guidance for 2022. All dollar figures are in United States dollars unless otherwise indicated.
NEW YORK (AP) — Donald Trump plans to build 2,300 luxury homes at his Doral golf resort in the Miami area, part of a flurry of recent moves to revive a family business suffering from the one-two punch of a divisive presidency and coronavirus shutdowns. In a news release Monday, the 45th president called the plans for his sprawling Trump National Doral resort “perhaps the most exciting development in the country” but was short on details such as the size of the homes and what they may cost. The r
ZURICH (Reuters) -Strong demand for its jewellery and watches in the Americas and Europe in a post-pandemic rebound helped quarterly sales at Cartier owner Richemont rise by nearly a third, the world's second-largest luxury group said on Wednesday. Sales at Richemont rose to 5.658 billion euros ($6.41 billion) in the company's third quarter ended December, a 32% increase when currency swings were removed. The performance was 38% better than the 2019 Christmas quarter before the pandemic hit, Richemont said in a statement.
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
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HONG KONG (Reuters) -An ad hoc offshore creditors group of China Evergrande said on Thursday it has had no substantive engagement with the firm over its restructuring plans despite the firm's repeated assurances. The group, represented by law firm Kirkland & Ellis and investment bank Moelis & Company, said in a statement it has no option but to seriously consider enforcement actions and it is prepared to take all necessary actions to defend its legal rights. The world's most indebted property company Evergrande has nearly $20 billion of offshore bonds deemed in cross-default last month after it missed payments.
Prairies Economic Development Canada
ANKARA, Turkey (AP) — A pipeline that carries oil from Iraq to world markets resumed operating Wednesday after an explosion in southeastern Turkey forced it to shut down for several hours. No one was hurt in the explosion late Tuesday near the town of Pazarcik in Kahramanmaras province. The blast caused a huge fire, and authorities also closed a highway, state-run Turkish news outlet Anadolu Agency reported. The pipeline carries oil from the Kirkuk oil fields in northern Iraq to the Turkish port
JAKARTA, Indonesia (AP) — Indonesia’s leader said Thursday that his country, which holds the presidency of the Group of 20 biggest economies this year, sought to strengthen global partnership and inclusiveness to aid the economic recovery amid a resurging COVID-19 pandemic. In an online address to the World Economic Forum, Indonesian President Joko Widodo committed to making the G-20 presidency an important part of the response, with a focus on inclusive health care, the digital transformation a
Grocery stores are struggling with rising labour and product shortages that could threaten Canada's food security, experts say. Employee absenteeism due to workers calling in sick and COVID-19 protocols has hit about 30 per cent at some stores and is continuing to rise, Gary Sands, senior vice-president of public policy with the Canadian Federation of Independent Grocers, said Tuesday. Without access to rapid testing in many provinces, he said workers are repeatedly forced to isolate for a week
Norra Metals Corp. ("Norra" or the "Company") (TSXV: NORA) (Frankfurt: 1KO) (OTC: NRRMF) intends to complete a non-brokered private placement, on a best efforts basis, of up to 10,000,000 units (the "Units") with a 20% over-allotment option at a price of $0.065 per Unit for gross proceeds of up to $650,000 (the "Offering").
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.
U.S. banks' appetite for U.S Treasuries could slow down as they shift their focus to loan growth, at the same time that the Federal Reserve plans to shrink asset holdings and raise interest rates to fight inflation, said Credit Suisse analyst Zoltan Pozsar. Asset purchases by the Fed contributed to unprecedented liquidity and trading activity through the pandemic, but trading revenue at leading Wall Street banks fell in the fourth quarter as markets normalized and the U.S. central bank started scaling back its asset purchases, which resulted in lower trading volumes. Bank of America on Wednesday reported a better-than-expected 30% jump in quarterly profit, partly driven by $50 billion in record loan growth.
Toronto-listed shares of Barrick rose 3% to C$23.90. The Carlin and Cortez mines are part of Nevada Gold Mines, a joint venture between Barrick and Newmont Corp. Barrick, which has a 61.5% stake in the joint venture, operates the Nevada mines. Barrick said the average market price for gold in the quarter was $1,795 per ounce, up from $1,790 per ounce in the prior quarter.
WASHINGTON (Reuters) -The $350 billion in coronavirus relief aid for state and local governments has allowed U.S. cities to respond faster and stronger to an ever changing COVID-19 pandemic, U.S. Treasury Secretary Janet Yellen said on Wednesday. Yellen told a meeting of the U.S. Conference of Mayors that the response by state and local governments is helping to blunt the impact of the highly-contagious Omicron coronavirus variant. "Omicron has presented a challenge and will likely impact some of the data in the coming months, but I am confident it will not derail what has been one of the strongest periods of economic growth in a century," Yellen said.
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(Reuters) -UnitedHealth Group Inc on Wednesday said added costs of testing and treatment related to the recent surge in COVID-19 cases are being offset by postponements of non-urgent healthcare procedures, and the health insurer maintained its 2022 profit forecast. The comments should help allay investor concerns that the steep rise in COVID infections and hospitalizations driven by the Omicron variant of the virus in recent weeks would significantly drive up medical costs for health insurers. Adding to those concerns was a Biden administration initiative requiring insurers to reimburse Americans for up to eight at-home rapid COVID-19 tests per month, while setting no limit for tests, including at-home tests, that insurers must cover if they are ordered or administered by a healthcare provider.
(Reuters) -American Airlines Group Inc reported a smaller fourth-quarter loss on Thursday, boosted by strong travel demand during the holiday season. U.S. carriers benefited from millions of Americans flying in November and December, with the Transportation Security Administration screening https://www.tsa.gov/news/press/releases/2021/12/07/near-pre-pandemic-travel-volumes-expected-continue-through-december nearly 21 million travelers during the 10-day Thanksgiving holiday. Domestic business travel, which accounted for 30% of the company's 2019 passenger revenue, recovered in the latest quarter to about 70% of the pre-pandemic level.
The chip and supply chain shortages of 2021 have been difficult for automakers and consumers alike. But something positive has emerged from the chaos for 2022: more new car introductions. Among other things, the shortage forced many brands to delay the release of all-new and redesigned vehicles that were originally scheduled for 2021. To help you sort through the debuts, the experts at Edmunds have compiled a list of the five hottest vehicles that will arrive at dealerships in the next six to ni