Tuesday October 15-th, 2019

Gold Surges on Rate Cut Hopes, Iran Tensions Gold Surges on Rate Cut Hopes, Iran Tensions

The metal has gained almost 2 per cent so far this week, on track for a second consecutive weekly gain. With positive triggers in place, gold is likely to keep up momentum towards $1,500 per ounce in the medium term. William's statements sent out the...

Celebrating National Ice Cream Day with Enstrom's Celebrating National Ice Cream Day with Enstrom's

Check out our list of the best soft-serve ice cream in Montreal for all of your soft-serve needs. Ryan also served up some tasty tidbits surrounding this monthlong celebration. As for trendy ice cream types, most American's want to know about sno...

New York Granted Two Major Offshore Wind Contracts to Norway’s Equinor New York Granted Two Major Offshore Wind Contracts to Norway’s Equinor

Equinor's 816-MW Empire Wind offshore wind project is expected to be developed with 60-80 wind turbines, with an installed capacity of more than 10 MW each. The information provided in this announcement does not change Ørsted's previous financia...

AB InBev's deal machine goes into smart reverse AB InBev's deal machine goes into smart reverse

Zacks Investment Research cut Glu Mobile from a "buy" rating to a "hold" rating in a research report on Tuesday, April 9th. Anheuser Busch Inbev has a consensus rating of "Hold" and an average target price of $83.77. The company's quarterly revenu...

IEA: Don't Expect Oil Prices To Go Much Higher IEA: Don't Expect Oil Prices To Go Much Higher

Prices managed to climb about 60 cents after President Donald Trump said the USA had downed an Iranian drone in the Persian Gulf, but even that wasn't enough to push the market up. Oil prices were also supported by comments from a top Federal Reserve...

CFTC to probe whether BitMEX broke rules by allowing Americans to trade CFTC to probe whether BitMEX broke rules by allowing Americans to trade

BitMEX becomes the latest bitcoin exchange to come under investigation in the USA based on a suspicion of doing business in America. "Dr Doom" has recently published a blog post , saying that the BitMEX crypto trading platform based on the Seyc...

PepsiCo to Acquire Pioneer Foods for US$1.7bn PepsiCo to Acquire Pioneer Foods for US$1.7bn

The deal for Pioneer, which PepsiCo said would help it expand in sub-Saharan Africa by giving it access to Pioneer's manufacturing and distribution facilities, continues PepsiCo's push to expand its global footprint. Visit MarketWatch.com for more ...

AB InBev sells Carlton & United Breweries to Asahi for $16bn AB InBev sells Carlton & United Breweries to Asahi for $16bn

AB InBev said it would use a substantial part of the proceeds from the divestiture of the Australian business to pay down debt. The bid for Carlton & United is the latest in Asahi's overseas buying spree as the Japanese market shrinks.

Chevrolet Corvette C8 Lowered on Volk T37 Wheels Looks Fresh Chevrolet Corvette C8 Lowered on Volk T37 Wheels Looks Fresh

A true, all-new Chevrolet Corvette is a rare occurrence. The hangar where the petrol-powered Corvette is set to take the stage is less than 64km from Tesla's Southern California design centre, where Elon Musk unveiled a prototype of a new elect...

Toys 'R' Us Stores to Return This Year Toys 'R' Us Stores to Return This Year

Phillip Raub, co-founder and president of b8ta, told Forbes the partners expect to have 10 of the reborn Toys R Us stores open by the end of 2020. Its bankruptcy filing listed $7.9 billion in debt against $6.6 billion in assets. It is clear, th...

Dollar steadies after rise in bets on bigger Fed rate cut

A spokesperson at the New York Fed said the central bank had no comment on the president's tweets. Trump said John Williams, president of the Federal Reserve Bank of NY, "is 100% correct in that the Fed "raised" far too fast & too early", referri...

Outgoing RBS boss Ross McEwan to lead National Australia Bank Outgoing RBS boss Ross McEwan to lead National Australia Bank

McEwan, who was born in Hastings, had worked for Commonwealth Bank of Australia, First NZ Capital Securities and Axa before joining RBS. He was also CBA's executive general manager. "Money has been set aside to work on that transformation and when I ...

New mid-engine Corvette starts under $60000 New mid-engine Corvette starts under $60000

Gone is the long nose and swooping curves, replaced by an aesthetic more in line with its European peers, like Lotus or McLaren. When asked by Autocar about future electrified variants of the Corvette , the president of Chevrolet parent company ...

Why did World Bank cancel Amaravati loan? Why did World Bank cancel Amaravati loan?

Of the total project cost of United States dollars 715 million, the WB had initially come forward to finance USD 300 million with remaining amount to be funded by Asian Infrastructure Investment Bank (AIIB). Under the proposed EAP, World Bank was to ...

Ohio Legislature Passes Bill Legalizing CBD Oil And Hemp Ohio Legislature Passes Bill Legalizing CBD Oil And Hemp

The bill will now head to Governor Mike DeWine and if he approved the measure it will immediately be made law. Though farmers and producers are seeking a legal market, some are not fully satisfied with the bill. "Farmers are getting hit pretty hard...

Justice Department urges pause in Qualcomm case Justice Department urges pause in Qualcomm case

Qualcomm wanted the injunctions to be put on hold while the case made its way through the appeals process. The Justice Department said Qualcomm will probably win its appeal because the judge who found the company's license practices were anti-compe...

Apparent Prime Day Pricing Error May Cost Amazon Apparent Prime Day Pricing Error May Cost Amazon

It was also the best ever Prime Day for Kindle devices. In addition, Prime members in the United States bought more than 100,000 laptops, 200,000 TVs and more than 1 million toys. An Amazon spokeswomen, Julie Law, said in an interview the volume of...

Nestlé invents first chocolate made entirely from cocoa Nestlé invents first chocolate made entirely from cocoa

Patrice Bula, Head of Strategic Business Units, Marketing and Sales at Nestlé , said: "We're proud to bring chocolate lovers a new chocolate made entirely from the cocoa fruit without adding refined sugar". "We are just using one food source, th...

Rent in Ottawa out of reach for low-income earners, report finds Rent in Ottawa out of reach for low-income earners, report finds

The report , released by the Canadian Centre for Policy Alternatives , was analyzing the rental market ahead of a federal initiative promising rent supplement for low-income renters. The notable exception is Montreal where more affordable neighbourh...

Tesla drops cheapest Model X, S variants, cuts prices to simplify lineup Tesla drops cheapest Model X, S variants, cuts prices to simplify lineup

This discontinuation of the standard-range variants will lead to the rising starting prices of the remaining variants - to $84,990 for the Model X and $79,990 for the Model S. Moreover, people who want to buy Model S and Model X have to pay a higher ...

Zacks Investment Research Downgrades CannTrust (NYSE:CTST) to Hold Zacks Investment Research Downgrades CannTrust (NYSE:CTST) to Hold

It sells dried cannabis and oil extractions to the client based on the medication document provided by health care practitioner. Rogers, who left CannTrust last November when the company brought in banker Peter Aceto as CEO, says that Health Canada...

Mazda recalls 18,000 vehicles over engine stalling concerns Mazda recalls 18,000 vehicles over engine stalling concerns

For the new model Mazda has applied a light facelift to the exterior design, with new front and rear bumper bars giving it a wider and more prominent stance. Safety has been boosted quite significantly, bringing in radar cruise control with stop an...

Treasury's Mnuchin says deal to raise USA debt ceiling getting close Treasury's Mnuchin says deal to raise USA debt ceiling getting close

In addition, Mnuchin and congressional leaders have been discussing a possible two-year budget deal that would set overall federal spending levels for fiscal 2020, which begins on October 1, and for fiscal 2021, he told reporters during a briefing ...

Breastfeeding Mom Says KLM Airlines Attendant Made Her Cover Up Breastfeeding Mom Says KLM Airlines Attendant Made Her Cover Up

A breastfeeding mum has taken to social media after being told to "cover up" on an aeroplane . But according to her Facebook post , no one complained. "Here's a warning to all breastfeeding moms: do NOT fly with KLM!" People reacted strongly, ...

US House OKs minimum wage hike, but Senate chances are dim US House OKs minimum wage hike, but Senate chances are dim

A hike in the $7.25 hourly wage has been a top Democratic campaign promise, meant to address income inequality that's driving the 2020 political debate. A minimum wage hike has been a top Democratic campaign promise, meant to address income inequalit...

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