April 13th, 2024

Business

Russian strikes across Ukraine plunge country into darkness

By John Leicester, The Associated Press on November 15th, 2022

KYIV, Ukraine (AP) – Russia pounded Ukraine’s energy facilities Tuesday with its biggest barrage of missiles yet, striking targets from east to west and causing widespread blackouts. A defiant President Volodymr Zelenskyy shook his fist and declared: “We will survive everything.” Neighboring Moldova was also affected. It reported massive power outages after the strikes knocked ... Read More »

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Amid economic uncertainty, many young investors look to add GICs to their portfolios

By Leah Golob, The Canadian Press on November 15th, 2022

As the stock market gyrates and a possible recession looms, many young investors may be looking to rethink their investment portfolios. Financial planners are seeing more generation Z and millennials add guaranteed investment certificates (GIC) to their portfolios for a sense of security and, perhaps more importantly, because guaranteed returns have reached around the five ... Read More »

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Power outages in Moldova after Russian strikes in Ukraine

By The Associated Press on November 15th, 2022

CHISINAU, Moldova (AP) – Moldova reported “massive power outages across the country” on Tuesday after Russian military strikes on Ukraine’s energy infrastructure downed a key power line that supplies the small nation, an official said. “Following Russia’s bombardment against the Ukrainian energy system in the last hour, one of the power lines that ensures the ... Read More »

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Russian airstrikes reported in cities across Ukraine

By John Leicester, The Associated Press on November 15th, 2022

KYIV, Ukraine (AP) – Waves of Russian airstrikes rocked Ukraine on Tuesday, with authorities from east to west reporting attacks on energy and other facilities that knocked out power and, in the capital, struck residential buildings. The barrage of strikes – including with missiles – came as air raid alerts were issued across Ukraine. At ... Read More »

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Stocks open higher after wholesale inflation eases in US

By Damian J. Troise, Joe Mcdonald And Matt Ott, The Associated Press on November 15th, 2022

NEW YORK (AP) – Wall Street is opening higher after the government reported another decline in the pace of wholesale price inflation last month, the latest glimpse of hope that inflationary pressures in the U.S. might be easing. The S&P 500 index was up 1.7% in the early going Tuesday and the tech-heavy Nasdaq was ... Read More »

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Canadian October home sales up from September, first monthly increase since February

By The Canadian Press on November 15th, 2022

OTTAWA – The Canadian Real Estate Association says home sales in October posted their first monthly gain since February. The association says sales in October were up 1.3 per cent from September. It says sales were up on a month-over-month basis in October in 60 per cent of all local markets with Greater Vancouver up ... Read More »

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Statistics Canada says manufacturing sales unchanged in September at $70.4B

By The Canadian Press on November 15th, 2022

OTTAWA – Statistics Canada says manufacturing sales were unchanged in September at $70.4 billion. The agency says the result came as sales of durable goods rose 1.0 per cent to $34.1 billion, helped higher by an 11.1 per cent gain in aerospace product and parts. Meanwhile, sales of non-durable goods fell 0.9 per cent to ... Read More »

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Strike on Kyiv as Ukraine probes reports of Russian torture

By John Leicester, The Associated Press on November 15th, 2022

KYIV, Ukraine (AP) – Strikes hit residential buildings in the heart of Ukraine’s capital Tuesday, authorities said. Further south, officials announced probes of alleged Russian abuses in the newly retaken city of Kherson, including torture sites and enforced disappearances and detentions. Video published by a presidential aide showed a five-story, apparently residential building on fire ... Read More »

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Canadian Press NewsAlert: Canadian October home sales up from September

By The Canadian Press on November 15th, 2022

OTTAWA – The Canadian Real Estate Association says home sales in October were up 1.3 per cent from September, the first monthly gain since February. More coming... Read More »

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FTX deal to buy Canadian crypto platform Bitvo terminated

By The Canadian Press on November 15th, 2022

CALGARY – Canadian crypto trading platform Bitvo Inc. says its deal to be acquired by FTX, the crypto-exchange giant that collapsed last week and filed for bankruptcy, will not go ahead. The company says that “in light of recent events” that its shareholder, Pateno Payments Inc., terminated its agreement with FTX Canada Inc. and FTX ... Read More »

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