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YEREVAN, Armenia (AP) — A strong explosion at a fireworks storage area tore through a popular market in Armenia's capital on Sunday, killing at least two people, injuring 60 others and setting off a large fire. Firefighters labored into the night after the early afternoon blast at the Surmalu market to put out the blaze that sent a towering column of thick smoke over the center of Yerevan. Rescue workers and volunteers searched amid still-exploding fireworks for victims who might be trapped unde
Restaurant Brands International (TSX:QSR)(NYSE:QSR) stock looks way too cheap to ignore, even going into an economic downturn. The post 1 Dividend Juggernaut That Could Grow Fast in a Recession appeared first on The Motley Fool Canada.
MEXICO CITY (Reuters) -Mexican leasing firm Unifin's debt restructuring is credit negative and could reflect tight refinancing conditions for Mexican financial institutions, Moody's rating agency said on Friday. "Unifin's restructuring and cessation of principal and interest payments will negatively affect Mexico's smaller finance institutions, whose own liquidity profiles and funding sources are strained by heightened global volatility and investors wary of Mexico's," non-bank financial institution sector, Moody's said in its report. Unifin's shares were down 7.21% in late trading Friday.
This top TSX dividend stock is finally on sale and has made some savvy buy-and-hold investors quite rich. The post Got $10,000 to Invest? 1 Cheap TSX Stock to Buy Right Now appeared first on The Motley Fool Canada.
Here are two undervalued U.S. stocks to diversify your investment portfolio. They both pay safe and growing dividends! The post 2 No-Brainer U.S. Stocks for Investors in August appeared first on The Motley Fool Canada.
At an industry event this year in Riyadh, the Saudi energy minister paused at about 9 p.m. in front of some 1,000 people and told them it was bedtime for Amin Nasser, the chief executive of state-owned oil producer Saudi Aramco. Over a career of four decades, Nasser has earned a reputation for a style of dedication that means he will be making sure he's prepared for the challenges of the day ahead, not mingling into the early hours. Aramco on Sunday reported a soaring 90 percent rise in second-quarter profit, beating analyst expectations, boosted by higher oil prices, volumes sold and refining margins.
WASHINGTON (AP) — Sen. Kyrsten Sinema, the Arizona Democrat who single-handedly thwarted her party’s longtime goal of raising taxes on wealthy investors, received nearly $1 million over the past year from private equity professionals, hedge fund managers and venture capitalists whose taxes would have increased under the plan. For years, Democrats have promised to raise taxes on such investors, who pay a significantly lower rate on their earnings than ordinary workers. But just as they closed in
ETFs are a great way for new investors to buy Canadian stocks easily. The post How to Start Investing in Canada’s Stock Market appeared first on The Motley Fool Canada.
Investing whatever little sum you have saved up as soon as possible is one of the best ways to keep your savings safe from inflation. The post Got $300? 2 Simple TSX Stocks to Buy Right Now appeared first on The Motley Fool Canada.
Amid economic uncertainty, you need systems to help you get back on your feet quickly
NEW YORK (AP) — Peloton is laying off employees and raising prices for some of its equipment as part of its latest bid to make the business profitable and free up cash. The changes were disclosed Friday in a memo to employees of the maker of high-end exercise bikes and treadmills from its new CEO Barry McCarthy. In addition to cutting 784 jobs, Peloton will close its North America distribution network and shift its delivery work to third-party providers. The New York-based company said it also p
Blue-chip companies such as Microsoft and Coca-Cola are forever stocks that have the potential to beat the market in 2022 and beyond. The post 2 U.S. Stocks Canadian Investors Can Buy and Hold Forever appeared first on The Motley Fool Canada.
DUBAI (Reuters) -State oil giant Saudi Aramco on Sunday reported its highest quarterly profit since the company went public in 2019, boosted by higher oil prices and refining margins. Aramco joins oil majors such as Exxon Mobil Corp and BP that have reported strong or record breaking results in recent weeks after Western sanctions against major exporter Russia squeezed an already under-supplied global market causing a surge in crude and natural gas prices. The company expects "oil demand to continue to grow for the rest of the decade despite downward economic pressures on short-term global forecasts," CEO Amin Nasser said in Aramco's earnings report.
There are a few key things that owners should consider to decide if their investment is worthwhile
Canadian investors debating over where to spend their $6,000 TFSA room should look to stocks like Bank of Nova Scotia (TSX:BNS)(NYSE:BNS). The post Got $6,000? Here’s How You Can Power Your TFSA Portfolio in August appeared first on The Motley Fool Canada.
SIRMIONE Italy (AP) — Italy’s worst drought in decades has reduced Lake Garda, the country's largest lake, to near its lowest level ever recorded, exposing swaths of previously underwater rocks and warming the water to temperatures that approach the average in the Caribbean Sea. Tourists flocking to the popular northern lake Friday for the start of Italy’s key summer long weekend found a vastly different landscape than in past years. An expansive stretch of bleached rock extended far from the no
One of the best-performing sectors during the pandemic, the technology sector is now facing a challenging time as a reversal in fortunes has companies tightening their belts. Shopify Inc. last month announced it would lay off 10 per cent of its global workforce and would cut spending in lower priority areas and non-core activities. In June, Wealthsimple said it would be cutting its workforce by 13 per cent and would be "laser focused" on its core businesses, namely investing, banking and crypto.
Rockstars, Cabana parties and a DeLorean are par for the course as crypto elite gather amid downturn
These high-yield Canadian stocks look good to buy right now for a TFSA focused on monthly passive income. The post TFSA Pension: 3 Canadian Dividend Stocks to Buy for Monthly Passive Income appeared first on The Motley Fool Canada.
SAN FRANCISCO (AP) — What takes four years to make and costs more than $20,000? A trash can in San Francisco. That costly, boxy bin is among six trash cans hitting San Francisco's streets this summer in the city's long saga in search of the perfect can. Overflowing trash cans are a common sight in the Northern California city, along with piles of used clothes, shoes, furniture and other items strewn about on sometimes-impassable sidewalks. City officials hired a Bay Area industrial firm to custo