2023-12-05 17:18:00 (Illustration: Camille Charbonneau) THE ESSENTIAL NEWS • Apple warns that India’s charger regulations will hurt its local production goals. Apple has told India that its local production targets would be impacted if New Delhi follows the European Union’s lead and requires existing iPhones to have universal charging ports, a government document shows, so … Read more
2023-11-23 11:00:12 If you are looking to invest in the financial market you will need to know all the fees charged, as they can impact your results. Therefore, it is necessary to identify costs to calculate profits or losses. One of the main fees of B3 — the Brazilian stock exchange — are fees. They … Read more
2023-11-23 22:33:15 (Illustration: Camille Charbonneau) THE ESSENTIAL NEWS • Before the ouster of OpenAI’s boss, researchers warned the board of directors about a major discovery for AI. Ahead of OpenAI CEO Sam Altman’s four-day exile, several researchers wrote a letter to the board warning of a crucial discovery in artificial intelligence that they say could … Read more
2023-11-15 19:06:37 (Illustration: Camille Charbonneau) THE ESSENTIAL NEWS • Loblaw records increased revenue this quarter. Canadian food and drug retailer Loblaw reported a 5% increase in third-quarter revenue, driven by strong demand for discounted medications and groceries in its stores. • Target forecasts strong profit for the holiday quarter. The company reported well-beating-than-expected profit for … Read more
2023-11-14 19:29:19 (Illustration: Camille Charbonneau) THE ESSENTIAL NEWS • A group led by Glencore buys Teck’s coal assets for $9 billion. A consortium led by Glencore has completed one of the mining sector’s biggest deals in years, agreeing to buy Canadian miner Teck Resources’ steelmaking coal unit for $9 billion. • Sun Life beats profit … Read more
2023-11-06 19:44:35 (Illustration: Camille Charbonneau) THE ESSENTIAL NEWS • The Canadian Minister of Energy defends an exemption from the carbon tax for home heating oil. Canadian Prime Minister Justin Trudeau’s decision to grant a three-year carbon tax exemption for heating oil aims to provide targeted assistance to rural and low-income households, Canada’s energy minister said … Read more
2023-10-28 11:28:14 After Moody’s on October 21, the rating agency Fitch maintained France’s rating “AA-”, six months after having downgraded it, while being concerned about the high level of public deficit. If France can boast of having “a large, rich and diversified economy, strong and efficient institutions and macro-financial stability (…) its public finances, and … Read more
2023-10-24 18:52:34 (Illustration: Camille Charbonneau) THE ESSENTIAL NEWS • Teck Resources misses its quarterly profit estimates and lowers its copper production forecasts. Canadian mining company Teck Resources missed market estimates for its third-quarter profit, pressured by falling steelmaking coal and zinc prices, and reduced sales volumes of Highland’s steelmaking coal and copper Valley. • A … Read more