Author: admin

27 Mar Apartment construction surged last year but demand still outpacing supply, says CMHC

Posted at 14:40h in Canada

A surge in new apartment construction drove housing start increases in several major Canadian cities last year, but demand continues to outweigh supply, according to a report released Wednesday by the federal housing agency.The report from Canada Mortgage and Housing Corporation focuses on six major cities: Toronto,...

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27 Mar Russia claims West, Ukraine behind Moscow attack but has no evidence

Posted at 14:39h in Europe

Russian President Vladimir Putin at an expanded Prosecutor General's Office meeting on March 26, 2024, in Moscow.Contributor | Getty Images News | Getty ImagesRussia has been firming up its narrative that Ukraine was behind a deadly terrorist attack in Moscow last week, a move that...

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27 Mar Chinese social media platform Weibo removes fake images showing a rapidly ageing Tencent founder Pony Ma

Posted at 14:30h in Asia

Chinese social media platform Weibo has deleted a number of accounts publishing and spreading a retouched photo of a grey-haired and wrinkle-faced Pony Ma Huateng, Tencent Holdings’ founder and CEO, in the latest example of efforts to protect the country’s top entrepreneurs from online abuse.“A...

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27 Mar Class bullies may earn more in middle age, study finds

Posted at 13:58h in Europe

A boy cries in a school playground. A new British study has found that some behaviours considered problematic in childhood can lead to higher salaries later in life. Juanmonino | E+ | Getty ImagesSchool bullies are likely to end up with higher salaries, a new study...

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27 Mar H&M shares jump 14% as profit smashes expectations

Posted at 13:47h in Europe

HONG KONG, CHINA - 2021/08/07: Pedestrians cross the street in front of the Swedish multinational clothing design retail company Hennes & Mauritz, H&M, store in Hong Kong. (Photo by Budrul Chukrut/SOPA Images/LightRocket via Getty Images)Sopa Images | Lightrocket | Getty ImagesShares of H&M leapt 14%...

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27 Mar Bocom delivers more confident outlook after posting slight rise in profits

Posted at 13:45h in Asia

Bank of Communications (Bocom), one of China’s top state-owned lenders, delivered a cautiously optimistic outlook for its business and the country’s economy even as it posted its slowest earnings growth since at least 2004.Net profit at the Shanghai-based bank rose 0.7 per cent to 92.7...

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27 Mar What we know about the container ship

Posted at 13:05h in Europe

The Key Bridge was hit by a ship and collapsed on March 26, 2024. The Washington Post | The Washington Post | Getty ImagesSix construction workers were presumed dead on Wednesday after a massive cargo ship struck the Francis Scott Key Bridge in Baltimore, causing...

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27 Mar PetroChina on track to peak carbon emissions, double output powered by low-carbon energy: top executives

Posted at 13:00h in Asia

PetroChina, the nation’s largest oil and gas producer, is on track to reach its goal to peak carbon emissions next year and is confident it can double the contribution of low-carbon energy to total output capacity over two years, its top leaders said.As it reported...

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27 Mar Apple’s iPhone shipments slumped in February, highlighting why CEO Tim Cook went on a charm offensive in China

Posted at 13:00h in Asia

Apple’s iPhone shipments in China fell by about one third in February from a year ago, according to official state data released Tuesday, a sign that the US tech giant is losing ground to Chinese smartphone brands in the world’s second-largest economy.Apple chief executive Tim...

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27 Mar Hong Kong must continue to promote itself to attract international listings, capital and investors, Paul Chan and Bonnie Chan tell forum

Posted at 11:32h in Asia

The government and HKEX have been promoting the unique features of the city’s capital market to Middle Eastern and Asean countries since last year, and such efforts will continue, he added.“We are diversifying our sources for new listed companies, as well as the sources for...

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