Oil Edges Higher as Scarce Supplies Vie With Risk-Off Sentiment
Oil edged higher as the effect of rapidly tightening supplies outweighed a weakening risk appetite in broader markets.
Bloomberg Business
India Spat Spills Over Into Boardroom of Canadian Potash Firm Karnalyte
For even some of the smallest Canadian companies with ties to India, day-to-day business has been complicated by a worsening diplomatic feud between the two countries.
Ebix Chief Gets $1.8 Million Bonus As Bank Loan Comes Due
Ebix Inc. Chief Executive Officer Robin Raina received a $1.8 million bonus last week, even as a Sept. 30 deadline looms for the company to repay a loan of more than $600 million to a syndicate of US banks without having the cash on hand.
Canada Lawmaker Who Invited Nazi Vet to See Zelenskiy Quits
The speaker of Canada’s House of Commons resigned on Tuesday over inviting a Nazi-linked war veteran to Ukrainian President Volodymyr Zelenskiy’s speech last week, a fiasco that badly embarrassed Prime Minister Justin Trudeau’s government.
FCC Aims to Reinstate Net Neutrality Rules After US Democrats Gain Control of Panel
The US Federal Communications Commission Chairwoman Jessica Rosenworcel said she plans to reinstate net neutrality oversight of broadband providers that was rescinded under former president Donald Trump.
Canada Lifts Mortgage Bond Plan by 50% to Boost Construction
Prime Minister Justin Trudeau’s government is increasing the size of a mortgage-bond program by 50% to try to boost apartment construction and bring down surging housing costs.
Cost-of-Living Stress Fuels Crime Wave in Australia, New Zealand
A man strolls out of a New Zealand supermarket carrying bags stuffed with nine stolen legs of lamb. Another pushes out a shopping cart stacked with NZ$1,500 ($896) of pilfered corned beef and mayonnaise. Yet another smashes a security guard in the face with a bottle of milk before making off with a basket of goods.
Morocco Holds Interest Rate as Quake Adds to Financing Needs
Morocco kept its benchmark interest rate unchanged, as the kingdom contends with the hefty cost of rebuilding after its strongest earthquake in over a century.
Virginia’s Glenn Youngkin Signals Interest in Offices Beyond Governor
Virginia Governor Glenn Youngkin signaled interest in running for other elected offices — a move that will fuel speculation about a future Senate or presidential bid.
FTC Case Against Amazon Hinges on ‘Online Superstore’ Label
The Federal Trade Commission’s case against Amazon.com Inc. hinges in part on putting the e-commerce giant in a class of its own: The Online Superstore.
