Canada Unemployment Rate Rises to 5.8%, Job Gains Top Forecast
Canada’s labor market beat expectations with jobs gains, but a rising unemployment rate and a drop in hours
2023-12-01 21:59
BYD Has Tesla in Its Sights as EV and Hybrid Sales Hit Record
BYD Co.’s sales of electric and plug-in hybrid vehicles hit a record in November, helped by price cuts
2023-12-01 21:24
BMO Earnings Miss on Higher Costs Tied to Bank of the West
Bank of Montreal missed analysts’ earnings estimates as the company reported higher expenses related to the integration of
2023-12-01 21:20
Desmarais-Backed Venture Firm Gets Money for Climate Tech Fund
A venture firm backed by Power Corp. of Canada closed a round for a new climate-technology fund, tapping
2023-12-01 20:18
Binance’s VIP Traders Got Sneak Peek of Record US Crypto Penalty
As the contours of Binance Holdings Ltd.’s multibillion-dollar settlement with US authorities coalesced in September, some of its
2023-12-01 19:59
Americans Are Finally Turning Frugal After Splurging Over Summer
The long-awaited US economic slowdown has begun. Signs are piling up — in recent data, in warnings from
2023-12-01 19:26
UAE Aims for COP28 Finance Splash With $30 Billion Climate Fund
The United Arab Emirates, host of the COP28 climate summit in Dubai, will put $30 billion into a
2023-12-01 18:22
Private Credit Facing Road Bumps From Higher Rates, Tikehau Warns
The private credit sector will face painful “bumps in the road” as interest-rate hikes start to bite, causing
2023-12-01 17:20
Argentina Won’t Join BRICS Bloc Under Milei, Adviser Says
Argentina won’t join the China-led BRICS bloc during Javier Milei’s presidency, his incoming top diplomat said, underscoring the
2023-12-01 16:55
Fed’s Barr Wants Banks Using Discount Window for Liquidity Needs
The Federal Reserve’s top bank watchdog wants lenders to be more comfortable turning to the central bank’s discount
2023-12-01 16:23
Short Alibaba, Long PDD Stock Pair Trade Points to 95% Gain
Traders betting on diverging stock performances by Chinese e-commerce giants Alibaba Group Holding Ltd. and PDD Holdings Inc.
2023-12-01 14:59
South Africa Warns Others Not to Go From Electricity to Darkness
One of the architects of South Africa’s groundbreaking deal with rich nations to move more quickly away from
2023-12-01 14:56