Financial Insights That Matter By Helen Reid LONDON (Reuters) -H&M’s sales were up just 1% in March after a weaker than expected first quarter, the Swedish fast-fashion retailer reported on Thursday, in a sign of a slow start to its spring and summer season. H&M has ramped up marketing spend in a bid to boost […]
Financial Insights That Matter The EY-Parthenon brand now represents the entire EY Strategy and Transactions practice to support a comprehensive end-to-end client experience EY reaches new milestone with All in strategy, helping organizations reimagine and transform with the support of the full spectrum of EY services EY-Parthenon brand now comprises 25,000 professionals across 150 countries […]
Financial Insights That Matter MONTREAL — Uncertainty reigns ahead of a looming U.S. tariff deadline next week, with businesses stuck in a holding pattern that has halted capital investment, hiring and financial forecasts at some firms amid a trade war where the next steps — and even who counts as a friend — remain foggy. […]
Financial Insights That Matter Source: Getty Images Written by Andrew Button at The Motley Fool Canada The Toronto-Dominion Bank (TSX:TD) has been one of Canada’s best performing bank stocks this year. Up 14% year-to-date as of this writing, it has handily outperformed both the TSX and the TSX financials sub-index. Investors who bought TD stock […]
Financial Insights That Matter The Bank of Canada cut its key interest rate for the seventh time in a row on Wednesday, bringing it to 2.75 per cent. Though the series of rate cuts has eased some pressure on consumers after the central bank hiked rates to fight inflation, the burgeoning trade war with the […]
Financial Insights That Matter WASHINGTON (Reuters) – The U.S. trade deficit in goods narrowed in February amid a rise in exports, which could temper economists’ expectations for a sharp slowdown in economic growth in the first quarter. The goods trade deficit contracted 4.9% to $147.9 billion last month, the Commerce Department’s Census Bureau said on […]
Financial Insights That Matter Source: Getty Images Written by Brian Paradza, CFA at The Motley Fool Canada Tariff wars are escalating, and investors are scrambling for stability. Canadian chartered banks, with their century-proven resilience, offer a compelling solution. Among them, Royal Bank of Canada (TSX:RY), or RBC, and Bank of Montreal (TSX:BMO) stock stand out as […]
Financial Insights That Matter (Bloomberg) — The Bank of Canada cut interest rates by a quarter percentage point and called the trade battle with the US a “new crisis,” but pushed back on expectations that policymakers were on a predetermined cutting path. Most Read from Bloomberg Policymakers led by Governor Tiff Macklem lowered the policy […]
Financial Insights That Matter The dynamics of gold (GC=F) have shifted significantly, with its price now correlating more to real interest rates than to equities. Merk Investments CEO Axel Merk joins Market Domination anchors Josh Lipton and Julie Hyman to discuss the impact of global geopolitical changes, including the potential lifting of sanctions on Russia […]
Financial Insights That Matter Chinese technology giant Tencent has made a €1.2bn ($1.25bn; £1bn) investment in a spin-off from Ubisoft, the maker of the Assassin’s Creed video games. Shenzhen-based Tencent will own about a quarter of the new business, with Ubisoft holding the rest of the new subsidiary, which is valued at around €4bn. The […]