Bring the latest Stock Market and Financial News
(Bloomberg) — Federal Reserve officials are expected to leave interest rates unchanged this week at a gathering that’s being overshadowed by the latest twists in a political drama surrounding the leadership handover at the US central bank. Read More
Randall Bartlett talks to FP about inflation risks, what the Bank of Canada will do next and how the country’s finances stand up to its global peers. Read More
(Bloomberg) — Europe faces recession if the Strait of Hormuz crisis isn’t resolved within a month, according to Mark Dowding, chief investment officer for fixed income of RBC Bluebay Asset Management. Read More
HALIFAX, NS — Striking long term care workers, community allies and labour leaders, including Canadian Union of Public Employees’ (CUPE) National Secretary Treasurer Candace Rennick, will be rallying outside Province House this morning to demand the government return to the bargaining table. Read More
(Bloomberg) — BP Plc, long the laggard among oil supermajors, is emerging as the sector’s top stock during the Iran war as it reaps “exceptional” trading profits and avoids the scale of production outages hurting rivals like Exxon Mobil Corp. Read More
(Bloomberg) — Acko Technology & Services Pvt., an Indian digital insurer backed by General Atlantic, has hired investment banks for a potential initial public offering that could raise as much as $350 million, according to people familiar with the matter. Read More
