Posts with tag: development
Analysts predict a possible sharp correction in Canada's stock market following Trump's tariffs on Canadian imports.
Published on: February 03, 2025, 03:05 PM UTC
Canada's energy sector may have dodged a trade war bullet, with the US imposing a lower 10% tariff on crude and potentially exempting some shipments altogether. While the tariffs could disrupt the integrated North American energy market, Canada has partial shields in place, including the expanded Trans Mountain pipeline.
Published on: February 03, 2025, 03:05 PM UTC
IDEX reports earnings tomorrow. Analysts expect revenue to grow 10% to $868.1 million. Earnings are expected to come in at $2.03 a share.
Published on: February 03, 2025, 02:07 PM UTC
The dollar surged and stocks tumbled as the beginning of US tariffs ushered in a trade war threatening economic growth around the world. Most Read from Bloomberg: New York’s First ‘Passive House’ School Is a Model of Downtown Density; When French Communists Went on a Brutalist Building Boom; Trump Paves the Way to Deputize Local Police on Immigration; How the 2025 Catholic Jubilee Is Reshaping Rome; Historic London Elevator Faces Last Stop in Labour’s Housing Push
Published on: February 03, 2025, 02:04 PM UTC
Trump's new tariffs on Canada, Mexico, and China are unsettling Wall Street, with economists and strategists warning of pain for the economy. Key insights from analysts include: a recession in Mexico, higher US inflation, slower US growth, pressure on US equities, potential strength in services over consumer goods, symbolic retaliation from China, increased demand for US Treasury duration, potential risk to Alcoa, GrafTech, and Cleveland Cliffs, increased import costs for Swiss companies, and uncertainty for the final outcome of the trade war.
Published on: February 03, 2025, 12:02 PM UTC
Europe's gas storage levels hover around 53% in February, below targets set by the European Commission, raising concerns about potential supply tightness this summer as the region seeks to replenish depleted inventories before next winter.
Published on: February 03, 2025, 09:01 AM UTC
Decoding Retirement: The 401(k)'s Portability Failure and Impact on Workers. Retirement expert Laurie Rowley highlights the challenges of the 401(k) system, including lost accounts and the need for better portability solutions.
Published on: February 03, 2025, 08:02 AM UTC
SoftBank Group and OpenAI announce a collaboration to promote AI infrastructure investment in Japan. Masayoshi Son and Sam Altman will speak at an event with business leaders about building data centers and other hardware to support AI growth.
Published on: February 03, 2025, 02:01 AM UTC
Over 700 UK farm shops face closure due to tax raids, threatening the livelihoods of 25,000 employees.
Published on: February 02, 2025, 06:01 PM UTC
**Volkswagen Sues India Over $1.4 Billion Tax Demand, Citing Contradictory Import Rules**
Published on: February 02, 2025, 01:01 PM UTC