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Author: Bloomberg News

Yuan Gains Weigh on Chinese Earnings as Forex Losses Mount

Yuan Gains Weigh on Chinese Earnings as Forex Losses Mount

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(Bloomberg) — Foreign-exchange losses from yuan conversions are weighing on Chinese companies’ profits, underscoring the currency’s strength as an emerging risk for earnings. Read More

Australia to charge Big Tech companies 2% levy unless they strike local news deals

Australia to charge Big Tech companies 2% levy unless they strike local news deals

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Indigenous Fashion, Music and Business Leadership Take Center Stage at Ryan’s Roundup in Calgary on May 7

Indigenous Fashion, Music and Business Leadership Take Center Stage at Ryan’s Roundup in Calgary on May 7

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CALGARY, Alberta, April 27, 2026 (GLOBE NEWSWIRE) — This May, Ryan’s Roundup will bring together Calgary’s business community for an evening centered on Indigenous culture, business, and leadership, creating space for meaningful connection, visibility, and conversation. More than 500 people attended last year’s event, with even greater attendance expected in 2026. Read More

Wall St futures tick up after record highs; Iran’s Hormuz proposal in focus

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China Races to Build Record Biobank to Rival US Drugs Research

China Races to Build Record Biobank to Rival US Drugs Research

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(Bloomberg) — As a fledgling researcher in US, Zhang Li was struck by the efficiency of extracting human tissue in the morning and mining it for data the same afternoon. Read More

Elon Musk trial against Sam Altman to reveal OpenAI power struggle, jury is seated

Elon Musk trial against Sam Altman to reveal OpenAI power struggle, jury is seated

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Oil Steadies as US Weighs Iran Proposal With Hormuz Still Shut

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(Bloomberg) — Oil held a gain as traders weighed the next steps toward peace talks over the Iran war, with the US discussing a proposal from Tehran while the crucial Strait of Hormuz remained almost impassable. Read More

Asian Stocks Look Subdued Ahead of Tech Earnings: Markets Wrap

Asian Stocks Look Subdued Ahead of Tech Earnings: Markets Wrap

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(Bloomberg) — Asian stocks were poised for a soft open Tuesday as investors braced for a wave of earnings from tech giants while keeping a close eye on developments in the Strait of Hormuz. Read More

Trump Cancels More Wind Leases to Spur Oil and Gas Investment

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(Bloomberg) — Two offshore wind developers will give up federal leases and instead commit funds to fossil fuel projects under agreements with the Trump administration, the Interior Department said Monday. Read More

Canada’s Newcomer Children Have an Academic Integration Gap. A Community-Owned Ontario Startup Just Partnered With Three School Boards to Close It

Canada’s Newcomer Children Have an Academic Integration Gap. A Community-Owned Ontario Startup Just Partnered With Three School Boards to Close It

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BRAMPTON, Ontario, April 27, 2026 (GLOBE NEWSWIRE) — Read More

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US Weekly Highlight

Tuesday Apr 28:
CB Consumer Confidence – Apr

Wednesday Apr 29:
Housing Starts– Feb
Durable Goods Order – Mar
Fed Interest Rate Decision

Thursday Apr 30:
Core PCE Price Index – Mar
PCE Price Index – Mar
GDP -Q1 – First Estimate

Friday May 01:
Manufacturing PMI – Apr
ISM Manufacturing PMI – Apr

Canada Weekly Highlight

Wednesday Apr 29:
BoC Interest Rate Decision

Thursday Apr 23:
GDP – Feb

Rest of the world Weekly Highlight

Thursday Apr 30:
UK – BoE Interest Rate Decision
EU – ECB Interest Rate Decision

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