Business
Zelenskyy: Battle for Kherson was D-Day-like watershed
By The Associated Press on November 15th, 2022
KYIV, Ukraine (AP) – Ukraine’s president is likening the recapture of the southern city of Kherson to the Allied landings in France on D-Day in World War II, saying both were watersheds on the road to eventual victory. Speaking via video link Tuesday to a Group of 20 summit in Bali, Indonesia, Zelenskyy called Ukraine’s ... Read More »
2 responsesIndonesia signs deals to accelerate clean energy transition
By The Associated Press on November 15th, 2022
NUSA DUA, Indonesia (AP) – Indonesia signed deals with international lenders and major nations on Tuesday under which it is to receive billions of dollars in funding to help the country increase its use of renewable energy. The $20 billion agreement was announced on the sidelines of the Group of 20 summit in Bali, Indonesia. ... Read More »
2 responsesCanadians, economists alike saw little relief from inflation in October: forecasters
By Nojoud Al Mallees, The Canadian Press on November 15th, 2022
OTTAWA – Inflation has been heading lower in recent months, but Canadians likely haven’t noticed as gas prices went up and grocery costs continued to soar last month. Statistics Canada is expected to release its October report on the consumer price index on Wednesday, and economists are warning Canada’s annual inflation rate likely ticked higher. ... Read More »
2 responsesFTX fallout shows tension between need for regulation and push for decentralization
By Ian Bickis, The Canadian Press on November 14th, 2022
TORONTO – The collapse of crypto-exchange giant FTX is being pointed to both as a clear example of the importance of industry regulation and, on the other hand, of the need for bitcoin to get back to its decentralized roots. The two opposite conclusions underline the tension between the ideals of the early-adopting bitcoin faithful ... Read More »
4 responsesS&P/TSX composite down almost 200 points, U.S. markets also lower
By The Canadian Press on November 14th, 2022
TORONTO – Canada’s main stock index was down almost 200 points Monday,weighed down by losses in information technology, utilities and energy, while U.S. stock markets were also in the red. The S&P/TSX composite index was down 189.70 points at 19,921.81. In New York, the Dow Jones industrial average was down 211.16 points at 33,536.70. The ... Read More »
4 responsesS&P/TSX composite down almost 190 points, U.S. markets also lower
By The Canadian Press on November 14th, 2022
TORONTO – Canada’s main stock index was down almost 190 points Monday,weighed down by losses in information technology, utilities and energy, while U.S. stock markets were also in the red. The S&P/TSX composite index down 189.70 points at 19,921.81. In New York, the Dow Jones industrial average was down 211.16 points at 33,536.70. The S&P ... Read More »
2 responsesLate slide leaves stocks lower after a wobbly day of trading
By Damian J. Troise And Stan Choe, The Associated Press on November 14th, 2022
NEW YORK (AP) – Stocks closed lower on Wall Street, easing back after posting a big gain last week on hopes that the worst of the nation’s inflation may finally have passed. The S&P 500 lost 0.9% Monday after drifting between gains and losses for much of the day. Some analysts have called Wall Street’s ... Read More »
2 responses1970s sandals worn by Steve Jobs auctioned for $218K
By The Associated Press on November 14th, 2022
LOS ANGELES (AP) – The California house where Steve Jobs co-founded Apple is a historical site, and now the sandals he wore while pacing its floors have been sold for nearly $220,000, according to an auction house. The “well used” brown suede Birkenstocks dating to the mid-1970s set a record for the highest price ever ... Read More »
Be the first to comment!Fallout from crypto exchange FTX’s collapse shows importance of regulation: experts
By Ian Bickis, The Canadian Press on November 14th, 2022
TORONTO – The rapid collapse of crypto-exchange giant FTX shows the importance for the sector to be regulated, something that Canada has helped lead the way on, experts say. Canada has numerous safeguards in place that would help prevent some of the alleged practices that went on at FTX, including the use of client funds ... Read More »
Be the first to comment!Slovenian president eager to work, gets Melania’s congrats
By Dusan Stojanovic, The Associated Press on November 14th, 2022
LJUBLJANA, Slovenia (AP) – Natasa Pirc Musar loves to ride her motorcycle. She also has worked as a human rights lawyer, a TV presenter, ran Slovenia’s top data protection agency and now is the small European Union nation’s first female president. “Not a single day of my life have I said: “˜Oh God, I have ... Read More »
Be the first to comment!Lettuce prices spike amid shortage, some restaurants pull greens off menus
By The Canadian Press on November 14th, 2022
The cost of lettuce is spiking amid a shortage that’s also leading some restaurants to temporarily stop offering leafy greens on their menus. Wholesale produce distributors say demand is exceeding supply of iceberg and romaine lettuce, and pricing pressures are expected to continue throughout the month. Restaurants Canada COO Kelly Higginson says a major lettuce-growing ... Read More »
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