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09 Feb Canada’s economy added 37,000 jobs in January as unemployment declines to 5.7%

Posted at 13:41h in Canada

Business·BreakingThe Canadian economy added 37,000 jobs in January as unemployment fell slightly to 5.7 per cent, the first decline since December 2022, according to a Friday report from Statistics Canada.Unemployment falls for first time since December 2022Jenna Benchetrit · CBC News · Posted:...

09 Feb What next for the war as Zelenskyy replaces army chief

Posted at 10:50h in Europe

Ukrainian President Volodymyr Zelenskyy attends flag hoisting ceremony in Izium after the Ukrainian forces took control of the city from the Russian forces in Kharkiv, Ukraine on September 14, 2022. Commander of the Ukrainian Land Forces Oleksandr Syrskyi, Head of the Presidential Office Andriy Yermak,...

09 Feb China real estate: Link Reit to fully acquire Shanghai mall from Vanke for US$331 million

Posted at 09:30h in Asia

Link Real Estate Investment Trust (Link Reit), Asia’s largest real estate investment trust, is strengthening its operations in mainland China by taking complete control of a retail property in Shanghai from its joint-venture partner China Vanke.Link Reit has agreed to acquire the 50 per cent...

09 Feb L’Oreal shares down 7% on lower-than-expected sales, slowdown in Asia

Posted at 09:23h in Europe

Balint Porneczi/Bloomberg | Getty ImagesLONDON — L'Oreal shares fell more than 7.3% in early deals Friday, before slightly paring losses, as the company reported lower-than-expected sales and pointed to a slowdown in demand in Asia.Shares in the stock had recovered slightly to trade down 7%...

09 Feb A court battle between the CRA and the Toronto Maple Leafs captain could be pivotal for other pro athletes

Posted at 09:00h in Canada

Toronto Maple Leafs captain John Tavares is taking the Canada Revenue Agency to court over an $8 million tax bill in a case experts say could be pivotal for some pro athletes, perhaps affecting with which teams they sign.The NHL star has filed an appeal to the CRA...

09 Feb Canadians are signing up for apprenticeships again

Posted at 09:00h in Canada

As a high school student strong in math and science, Amy Spiers took what seemed like the natural next step after graduation and earned a degree in geomatics engineering. But after 12 years in the industry, Spiers craved something more creative and hands-on, which led her...

09 Feb Nicolas Aguzin to leave HKEX CEO role two months early, with Bonnie Chan taking over from March 1

Posted at 08:15h in Asia

“As the Lunar New Year approaches, and following up on last year’s announcement that I would not seek another term as HKEX CEO, I am pleased to report that the leadership transition has been going extremely well,” Aguzin said in a statement on the eve...

09 Feb Hong Kong builder Wang On cuts holding in China South City junk bonds as losses from bets on Chinese developers mount

Posted at 06:28h in Asia

Hong Kong property developer Wang On Group has cut its holding in junk-rated dollar-denominated bonds issued by China South City Holdings, widening losses from its bets on the troubled mainland Chinese developer and its peers.The firm sold US$8.4 million face amount of China South City...

09 Feb Google rebrands Bard chatbot as Gemini in race with OpenAI, Microsoft

Posted at 04:45h in Asia

Alphabet’s Google rebranded its chatbot and rolled out a new subscription plan that will give people access to its most powerful artificial intelligence (AI) model, placing it squarely in competition with rival OpenAI.Google’s chatbot, which had been known as Bard and was its answer to...

09 Feb Hong Kong stocks erase intervention-driven rally amid China’s economic woes as Year of the Rabbit ends with worst payback on record

Posted at 02:59h in Asia

Hong Kong stocks erase intervention-driven rally amid China’s economic woes as Year of the Rabbit ends with worst payback on recordHong Kong stocks dropped by the most this month, erasing almost all of the rally driven by China’s state-fund intervention, as concerns about China’s...

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