Business
French imports of Russia’s liquified natural gas surge, and Ukraine supporters seek a stop
By Ed Davey, The Associated Press on August 6th, 2024
Shipments of Russian liquified natural gas to France more than doubled the first half of this year, according to new analyses of trade data, at a time when Europe has tried to pull back from energy purchases that help finance the Kremlin’s invasion of Ukraine. Europe has restricted oil imports from Russia, but natural gas ... Read More »
Be the first to comment!S&P/TSX composite down 350 points, U.S. stocks rebound after plunge Monday
By The Canadian Press on August 6th, 2024
TORONTO – Canada’s main stock index fell roughly 350 points in late-morning trading, while U.S. stock markets rebounded to regain some of the ground lost in a big plunge Monday when the Toronto market was closed. The S&P/TSX composite index was down 349.31 points at 21,878.32. In New York, the Dow Jones industrial average was ... Read More »
Be the first to comment!Wall Street rallies to bounce back from its worst day in nearly 2 years, as Japanese stocks soar
By Stan Choe, The Associated Press on August 6th, 2024
NEW YORK (AP) – U.S. stocks are bouncing back, and calm is returning to Wall Street after Japan’s market soared earlier Tuesday to claw back much of the losses from its worst day since 1987. The S&P 500 was rallying by 1.6% in midday trading and on track to break a brutal three-day losing streak. ... Read More »
Be the first to comment!The right — and wrong — ways to network when looking for a job
By Nina Dragicevic, The Canadian Press on August 6th, 2024
One student had reached 49 “coffee chats” – brief meetings with industry contacts – with nothing to show for it. He was ready to give up, said Karen Jackson-Cox, executive director of the Career Advancement Centre at Queen’s University’s Smith School of Business. “He’s like, “˜I’m done. This networking thing does not work.'” But they ... Read More »
Be the first to comment!S&P/TSX composite down more than 200 points, U.S. stock markets rebound
By The Canadian Press on August 6th, 2024
TORONTO – Canada’s main stock index was down more than 200 points in early trading, while U.S. stock markets regained some of the ground lost Monday when the Toronto market was closed. The S&P/TSX composite index was down 256.02 points at 21,971.61. In New York, the Dow Jones industrial average was up 378.23 points at ... Read More »
Be the first to comment!Greater Toronto home sales ticking downward despite interest rate drops: TRREB
By Tara Deschamps, The Canadian Press on August 6th, 2024
TORONTO – The Toronto Regional Real Estate Board says home sales in July were up from last year but down from a month earlier, despite a jump in listings. The board said Tuesday there were 5,391 homes sold in July in the Greater Toronto Area, down about 13 per cent from June, when 6,202 properties ... Read More »
Be the first to comment!Statistics Canada says country posted merchandise trade surplus for June
By The Canadian Press on August 6th, 2024
OTTAWA – Statistics Canada says the country posted a merchandise trade surplus of $638 million in June as exports of crude oil and gold rose sharply. The agency says the result compared with a revised trade deficit of $1.6 billion in May. The initial reading for May released last month had shown a deficit of ... Read More »
Be the first to comment!Stock market today: Wall Street steadies after its worst day in nearly 2 years, and stocks are mixed
By Stan Choe, The Associated Press on August 6th, 2024
NEW YORK (AP) – Some calm is returning to Wall Street, and U.S. stocks are holding steadier after Japan’s market soared earlier Tuesday to bounce back from its worst loss since 1987. The S&P 500 was 0.2% higher in early trading and on track to break a brutal three-day losing streak. It had tumbled a ... Read More »
Be the first to comment!Wall Street opens higher as some calm returns after the market’s worse loss in almost 2 years
By Elaine Kurtenbach And Matt Ott, The Associated Press on August 6th, 2024
NEW YORK (AP) – Some calm is returning to Wall Street in early trading, and Japan’s stock market soared to bounce back from its worst loss since 1987. The S&P 500 was 0.6% higher early Tuesday and on track to break a scary three-day losing streak. The benchmark index had tumbled a bit more than ... Read More »
Be the first to comment!Héroux-Devtek reports Q1 profit and sales up from year ago
By The Canadian Press on August 6th, 2024
MONTREAL – Héroux-Devtek Inc. reported a first-quarter profit of $12.5 million, up from $4.0 million a year ago as its sales increased 23.7 per cent. The aircraft landing gear maker says its profit amounted to 37 cents per diluted share for the quarter ended June 30 compared with 12 cents per diluted share a year ... Read More »
Be the first to comment!Pet Valu reports Q2 profit down from year ago, revenue higher
By The Canadian Press on August 6th, 2024
MARKHAM, Ont. – Pet Valu Holdings Ltd. reported a second-quarter profit of $17.8 million, down from $24.1 million a year earlier. The pet food and pet-related supplies retailer says the profit amounted to 25 cents per diluted share for the quarter ended June 29, down from 33 cents per diluted share in the same quarter ... Read More »
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