
TD Cuts Thousands of Jobs, Takes Restructuring Charge; Earnings Miss
Toronto-Dominion Bank missed analysts’ earnings estimates after setting aside more money than forecast for potentially souring loans and
1970-01-01 08:00

Canada’s Economy Shrank 1.1% With Rates Denting Spending
Canada’s economy unexpectedly contracted in the third quarter and consumption flatlined, confirming the central bank’s aggressive interest rate
1970-01-01 08:00

China’s A-List Flock to Hong Kong for Louis Vuitton’s First Show
Some of China’s most popular celebrities and K-drama stars gathered at Louis Vuitton’s first ever fashion show in
1970-01-01 08:00

EU Aims to Unveil Plan to Tap Frozen Russian Assets Amid Doubts
The European Union is moving ahead with a proposal to tax profits from more than €200 billion ($218
1970-01-01 08:00

Ford Lowers Profit Guidance as Labor Costs Rise $8.8 Billion
Ford Motor Co. restored financial guidance Thursday, saying profits would come in lower than earlier projections due to
1970-01-01 08:00

EU, South America Near Deal on Elusive Mercosur Trade Pact
The European Union and South America’s biggest economies are closer than ever to concluding a major trade agreement
1970-01-01 08:00

Europe Needs More LNG to Ease Tight Market, Uniper CEO Says
Europe needs more liquefied natural gas to provide relief to its market as the region recovers from last
1970-01-01 08:00

US Boat Sales Rose in Covid. Now Rates Are Hurting Them
US boat sales — which soared during the pandemic — are estimated to reach a decade low this
1970-01-01 08:00

Microsoft Is Testing a Windows 11 Energy Saver Mode
Microsoft is introducing a new energy saver mode for Windows 11 desktop PCs and laptops.
1970-01-01 08:00

China’s Home Sales Spiral Despite Backstop Plan for Developers
The decline in China’s home sales accelerated in November, as buyers remained wary of the turmoil in the
1970-01-01 08:00

UN Declares 2023 Hottest Year Ever as Crucial Climate Summit Starts
COP28 Daily Reports: Sign up for the Green Daily newsletter for comprehensive coverage of the climate summit right
1970-01-01 08:00

Remy Cointreau Keeps Outlook Even as US Cognac Sales Plunge
Remy Cointreau SA’s first-half profit missed analyst expectations amid a sharp decline in US demand for its pricey
1970-01-01 08:00