Yahoo Finance Canada presents CRISIS MANAGEMENT, a livestream show on the Canadian economy that builds a crisis playbook during COVID-19 times and beyond.
Russian lender Rosbank believes a decision by European clearing house Clearstream to block its correspondent account will not have a significant negative impact on its operations, it said in a statement to a Russian media outlet on Saturday. Clearstream said on Friday UK sanctions on June 29 on Rosbank's majority owner Vladimir Potanin, whose Interros Capital clinched a deal in April to buy the lender from French bank Societe Generale, had forced it into its decision. "Clearstream Banking's cash correspondent bank Rosbank is no longer available to receive income proceeds that may result from securities issued outside of Russia and denominated in roubles," Clearstream said.
MOUNTAIN VIEW, Calif. (AP) — Google will automatically purge information about users who visit abortion clinics or other places that could trigger legal problems now that the U.S. Supreme Court has opened the door for states to ban the termination of pregnancies. The company behind the internet's dominant internet search engine and the Android software that powers most of the world's smartphones outlined the new privacy protections in a Friday blog post. Besides automatically deleting visits to
Fort Partners Puerto Rico LLC (Fort Partners), led by Founder and CEO Nadim Ashi, today announced the acquisition of the Palazzo Marini (3-4) for €165 million with plans to develop the property into a luxury hotel that will be managed by Four Seasons Hotels and Resorts, the world's leading luxury hospitality company.
NEW YORK (AP) — Despite a growing recognition of the problem, the United States continues to see newspapers die at the rate of two per week, according to a report issued Wednesday on the state of local news. Areas of the country that find themselves without a reliable source of local news tend to be poorer, older and less educated than those covered well, Northwestern University's Medill School of Journalism, Media and Integrated Marketing Communications said. The country had 6,377 newspapers at
Are you an investor that isn’t scared of a little volatility? Here are three top picks! The post 3 Growth Stocks Worth Buying if You Can Handle Volatility appeared first on The Motley Fool Canada.
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Germany has prepared a facility to impose a levy on all gas consumers to help suppliers grappling with soaring gas import prices, according to a draft law amendment seen by Reuters. In late May Germany passed a law to enable the state to ensure energy supply in the event of market failure because of Russia's invasion of Ukraine and reductions to the Russian gas exports on which it relies heavily. The additional clause to be considered by parliament on July 8 is aimed at helping German distributors that have had to contend with sharply higher prices as Russian exports have dwindled after Western sanctions over the war in Ukraine while keeping to rules designed to protect consumer price guarantees.
Oil stocks like Cenovus Energy (TSX:CVE)(NYSE:CVE) crashed dramatically last week. Here's why. The post Why Did Oil Stocks Crash so Suddenly? appeared first on The Motley Fool Canada.
BOISE, Idaho (AP) — U.S. officials are testing a new wildfire retardant after two decades of buying millions of gallons annually from one supplier, but watchdogs say the expensive strategy is overly fixated on aerial attacks at the expense of hiring more fire-line digging ground crews. The Forest Service used more than 50 million gallons (190 million liters) of retardant for the first time in 2020 as increasingly destructive wildfires plague the West. It exceeded 50 million gallons again last ye
Halo Collective Inc. ("Halo" or the "Company") (NEO: HALO) (OTCQX: HCANF) (Germany: A9KN) today promoted Katharyn ("Katie") Field, Halo's President, to the position of Chief Executive Officer. Ms. Field, a proven cannabis industry professional with significant management expertise, succeeds Kiran Sidhu, who resigned as Chief Executive Officer and as a director on the Company's Board of Directors (the "Board"), with immediate effect. Halo has also appointed experienced cannabis professional Cassi
DETROIT (AP) — Tesla's sales from April through June fell to their lowest quarterly level since last fall as supply chain issues and pandemic restrictions in China hobbled production of its electric vehicles. The company on Saturday disclosed it sold more than 254,000 cars and SUVs from April through June, an 18% drop from the first three months of this year and also well below the pace in last year's final quarter. The last time Tesla sold fewer vehicles globally was in the third quarter of 202
(Reuters) -President Joe Biden's administration on Friday unveiled a five-year proposal for offshore oil and gas development in areas of existing production, and said the final plan may have anywhere from zero to 11 lease sales. The range of options, between two auctions a year and none at all, sought to balance the administration's efforts to fight climate change with its calls to increase oil and gas supplies in the face of soaring fuel prices. The proposed plan includes no more than 10 possible sales in the Gulf of Mexico and one in the Cook Inlet off the coast of Alaska, the Interior Department said, adding that areas of development could be winnowed further after public comment.
CIBC (TSX:CM)(NYSE:CM) stock is a great dividend top pick to stash in a TFSA after the first-half market correction. The post CIBC Stock Could Be a Top TFSA Buy for a Rocky 2nd Half of 2022 appeared first on The Motley Fool Canada.
Here are three growth stocks you might want to add to your buy list in July. The post 3 Top Canadian Growth Stocks to Buy in July appeared first on The Motley Fool Canada.
Here are top dividend stocks at cheap prices for passive income and total returns. The post TFSA Pension: 3 TSX Dividend Stocks to Buy on the Dip and Own for 30 Years appeared first on The Motley Fool Canada.
ATLANTIC CITY, N.J. (AP) — The Hard Rock casino reached agreement with Atlantic City's main casino workers union on Saturday, removing the last threat of a strike during the busy holiday weekend and clearing the way for the gambling halls and their workers to concentrate on bouncing back from financial losses during the coronavirus pandemic. Local 54 of the Unite Here union said it reached a tentative agreement with Hard Rock, avoiding a strike that had been threatened for 12:01 a.m. Sunday. Com
DUBAI, United Arab Emirates (AP) — In a city boasting champagne brunches with views of the sea, Michelin star restaurants, and endless high-end Asian food options, a small hole-in-the-wall restaurant with plastic chairs and metal tables is one of Dubai’s go-to spots. Ravi restaurant, a small, family-owned Pakistani place, is rooted in the community of South Asian workers who helped build Dubai. Yet over the decades, it has become a staple of the food culture in a city that usually gravitates to
Amazon is barring off-duty warehouse workers from the company’s facilities, a move organizers say can hamper union drives. Under the policy shared with workers on Amazon’s internal app, employees are barred from accessing buildings or other working areas on their scheduled days off, and before or after their shifts. An Amazon spokesperson said the policy does not prohibit off-duty employees from engaging their co-workers in “non-working areas” outside the company’s buildings. “There’s nothing mo
Are recessions good or bad? It depends on how prepared you are for one. Here’s what a recession does to an average Canadian household. The post An Easy Way to Understand a Recession appeared first on The Motley Fool Canada.
Two dividend ETFs offer ideal diversification because of their exposure to the TSX’s two strongest sectors. The post 2 Dividend ETFs With Significant Exposure to the TSX’s Top 2 Sectors appeared first on The Motley Fool Canada.
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