Billionaire Sex Saga Is Latest Scandal to Rock Australian CEOs
The alleged sex-for-investment scandal embroiling Australian tech billionaire Richard White is just the latest corporate calamity in a country fast losing its reputation as a tightly-regulated market ...
Bank of Canada cuts interest rate by half point to 3.75%
In the meantime, the Bank of Canada’s policy rate remains in restrictive territory. According to its MPR, the neutral rate is estimated to be in the range of 2.25 per cent to 3.25 per cent, with ...
Transocean Discussing Merger With Rival Seadrill as Offshore Downturn Eases
Transocean Ltd. is in talks to merge with rival offshore drilling contractor Seadrill Ltd., according to people familiar with the matter, just as oil explorers around the world are returning to the ...
Mercer International Inc. Announces Pricing of Private Add-On Offering of Senior Notes
Mercer International Inc. (Nasdaq: MERC) (the “Company”) today announced the pricing of its private offering of $200.0 million in aggregate principal amount of 12.875% senior notes due October 1, 2028 ...
Asian Stocks to Fall, Yen Steadies After Weakening: Markets Wrap
Futures contracts for share indexes in Japan, Australia and Hong Kong fell early Thursday following a 0.9% decline for the ...
Corporate cybercrime incidents on the decline in Canada, but recovery costs mount
Corporate cybersecurity incidents appear to be declining in Canada, but the recovery costs associated with such incidents has ...
Plexus Announces Fiscal Fourth Quarter and Fiscal Year 2024 Financial Results
NEENAH, WI, Oct. 23, 2024 (GLOBE NEWSWIRE) — Plexus Corp. (NASDAQ: PLXS) today announced financial results for our fiscal fourth quarter and fiscal year ended September 28, 2024, and guidance for our ...
Real Estate Split Corp. Announces Overnight Offering
TORONTO, Oct. 23, 2024 (GLOBE NEWSWIRE) — Real Estate Split Corp. (TSX: RS and RS.PR.A) (the “Company”), is pleased to announce that the Company is undertaking an overnight treasury offering of class ...
RBC leads big banks to cut prime rate to 5.95% following Bank of Canada
RBC was followed by Fédération des caisses Desjardins du Québec, Toronto-Dominion Bank, National Bank of Canada, and ...
Manitoba government looks at more public liquor sales in grocery stores
Manitoba has a mix of government-run and private alcohol outlets. In urban areas, government-run stores are the only locations authorized to sell a full range of products including beer, wine and ...
Microsoft struggles to retain women, minority workers
Microsoft Corp. ’s female, Black and Latinx employees are leaving at an increasing rate, undermining the company’s efforts to build a more diverse workforce.
Air Canada signs codeshare agreement with European airline airBaltic
MONTREAL — Air Canada and airBaltic say they have signed a codeshare agreement that will help make it easier to fly between Canada and the Baltic states. Under the deal, Air Canada’s marketing code ...