Canadian corporate bond issuance has begun to rebound after a lull of 10 months, with companies plotting expansion plans and central banks apparently close to the peak of their current…
Category: Business
Africa deserves right to use natural gas reserves
The right of African countries to use their natural gas reserves should be reflected in any deal at the COP27 climate talks, the president of the African Development Bank said,…
U.S. aviation sector calls for 5G wireless deadline extension
Air carriers will be unable to fully meet deadlines to retrofit planes to avoid interference from latest generation 5G C-Band wireless service, the aviation industry said Tuesday, urging the White…
Fed’s Barr: Concerned about blowback to financial system from crypto
Michael Barr, the Federal Reserve's top financial regulatory official, on Tuesday said he is concerned about risks from the non-bank sector, including cryptocurrencies, for which the U.S. central bank and…
Investor TCI urges Alphabet to cut excessive headcount, costs
Activist investor TCI Fund Management has called on Alphabet Inc (GOOGL.O) to cut costs by lowering its headcount and reduce losses in its self-driving unit Waymo, saying the Google parent…
Mexico to urge U.S., Canada firms to participate in lithium market
Mexican President Andres Manuel Lopez Obrador said on Tuesday his administration will issue a call for U.S. and Canadian companies to participate in the country's incipient lithium market. Mexico does…
Iraq wants a review of its quota allocated by OPEC
Iraq wants a review of the production quota allocated to it by oil producer group OPEC, state news agency (INA) reported on Tuesday, citing Prime Minister Mohammed Shia al-Sudani.