TD, RBC miss profit estimates as bad loan provisions climb; CIBC beats
Canada’s two biggest lenders, TD and Royal Bank of Canada, missed analysts’ estimates for quarterly earnings on Thursday as tough economic conditions spurred the banks to
Chinese hackers spying on US critical infrastructure, Western intelligence says
A state-sponsored Chinese hacking group has been spying on a wide range of U.S. critical infrastructure organizations, from telecommunications to transportation hubs, Western intelligence agencies
Electric truck maker Nikola receives delisting notice
Nikola Corp said on Thursday Nasdaq gave the electric truck maker a delisting notice for not meeting its minimum bid price requirements. Shares of the company
Nvidia close to becoming first trillion-dollar chip firm after stellar forecast
Nvidia Corp soared about 25% on Thursday to near a market value of $1 trillion after its stellar forecast showed that Wall Street has yet to
The EU’s strategic dependencies unveiled
The EU benefits greatly from its wide participation in international value chains. However, that integration is not exempt from strategic dependencies on products and inputs
Open banking’s far-fetched promise of a financial revolution
Open banking involves giving third parties access to information that is otherwise captive in a bilateral relationship between a provider of financial services and its
Accounting for imported and domestically generated inflation: Supply chains, monetary policy, and the UK’s cost of living crisis
Inflation has increased sharply since the start of 2021 as the global economy grapples with the aftermath of the COVID-19 pandemic and Russia’s invasion of
Cleantech manufacturing: where does Europe really stand?
Securing a competitive edge in cleantech manufacturing has increasingly come to be seen as a priority for Europe. China’s dominance of this sector and the
Amazon beats all 18 shareholder-led proposals at annual meeting
Amazon.com Inc investors voted against all 18 shareholder-led proposals during the e-commerce giant’s annual meeting on Wednesday, a preliminary tally by the company showed. The total exceeded
White House says China’s actions on Micron won’t torpedo relations
China’s move on Micron Technology Inc won’t torpedo larger efforts to get U.S.-China relations into better position, White House spokesman John Kirby said on Wednesday, adding
