News
A.P. Moeller-Maersk and Hapag-Lloyd Join Forces to Address Industry Challenges
Danish shipping giant A.P. Moeller-Maersk and Germany's Hapag-Lloyd partner to tackle challenges in the shipping industry, including excess vessels and the need for decarbonization.
Brooks Macdonald Group Expects Continued Momentum in Gross Inflows
The Brooks Macdonald Group expects continued momentum in gross inflows, with positive investment performance and an increase in funds under management. They remain optimistic about achieving full-year profit and cost savings.
Gildan Activewear Announces New Details Regarding CEO Ouster
Gildan Activewear reveals new information about the CEO ouster, including shareholder support for reinstatement and controversies surrounding his investment and relationships. Chamandy's future comments remain uncertain.
Malaysian Stocks Drop 0.5% After Two-Day Winning Streak
The benchmark FTSE Bursa Malaysia KLCI (FBMKLCI) ended Tuesday on a downward trend, dropping by 0.5% to 1,493.87.
Toronto Stocks Slightly Higher on US Market Closure
Toronto stocks saw a slight increase at midday on Monday, while U.S. markets remained closed in observance of Martin Luther King Jr. Day. Investors are eagerly awaiting the release of Canada's December inflation report on Tuesday, with analysts predicting a small increase in prices compared to the previous month.
Jadestone Energy: Anticipated Growth in Production for 2024
Jadestone Energy anticipates a substantial increase in production for 2024, driven by new projects and acquisitions, while maintaining stable operating costs.
Millionaires Pay Half-a-Billion Dollars to Settle Tax Debts
The IRS has collected $520 million in back taxes from millionaires, strengthening tax compliance. Low-income households are protected from increased audits. Concerns raised about IRS funding.
BlackRock to Acquire Global Infrastructure Partners
BlackRock Inc. is acquiring Global Infrastructure Partners (GIP) for $3 billion in cash and shares. GIP is a renowned infrastructure fund manager with a strong track record in managing assets.
Market Update - U.S. Futures Dip, European Stocks Rise
U.S. futures dip while European stocks rise. Viaplay Group and Ambu Series B show gains, Burberry Group and Grifols decline. Brent and WTI crude oil increase.
Fitch Ratings Welcomes Merger of Chesapeake and Southwestern
Fitch Ratings approves of Chesapeake and Southwestern merger and expects potential ratings upgrade due to substantial scale and high production.