Without a Fair Deal, Lower Mainland Transit Supervisors Set to Expand Strike Action Next Week
BURNABY, British Columbia — If a fair collective agreement is not reached before January 22, Lower Mainland transit supervisors will be escalating their strike, effectively shutting down all bus services. CUPE 4500, the union representing over 180 transit supervisors with Coast Mountain Bus Company, said if there is no agreement that addresses wage discrepancies and…
Brazil’s lower house approves bill taxing offshore, closed-end funds
Brazil’s lower house approves bill taxing offshore, closed-end funds
Wall St opens lower as Walmart warning rattles retail shares
Wall Street’s main indexes opened lower on Tuesday after Walmart’s profit warning heightened fears in the retail sector that consumers were cutting back on discretionary spending in the face of decades-high inflation. The Dow Jones Industrial Average fell 40 points, or 0.13%, at the open to 31,950.04…
Ottawa aims for lower internet prices with new CRTC directive
Asked CRTC to craft new rules to force major providers to sell access to their networks at regulated rates…
TSX opens lower as weaker commodities weigh on energy, mining shares
Canada’s main stock index opened lower on Monday, as a slide in commodity prices weighed on energy and mining shares, while investors focused on U.S. Federal Reserve’s meeting later this week. At 9:31 a.m. ET (13:31 GMT), the Toronto Stock Exchange’s S&P/TSX composite index was down 35.44 points…
Most Asian FX edge lower, South Korean won leads losses
The following table shows rates for Asian currencies against the dollar at 0204 GMT. CURRENCIES VS U.S. DOLLAR Currency Latest bid Previous Pct day Move Japan yen 123.790 123.92 +0.11 Sing dlr 1.362 1.361 -0.10 Taiwan dlr 28.871 28.828 -0.15 Korean won 1222.800 1219.5 -0.27 Baht 33.510 33.5 -0.03 Peso 51.500 51.39 -0.21 Rupiah 14372.000…
Stocks Edge Lower as China Factory Inflation Jumps: EM Review
(Bloomberg) — Emerging-market stocks crept lower over the week with the bulk of the declines on Friday after China said producer prices jumped in March, adding to concern inflation is gathering pace. It was a similar story in the U.S., where faster-than-expected producer-price inflation reported the same day pushed Treasury yields back up, crimping weekly…