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By Promit Mukherjee OTTAWA – Canada’s home ownership crisis is likely to worsen over the next few years as proposed project sales languish at historically low levels, stalling the funding needed for construction, half a dozen economists and realtors told Reuters. The sale of these proposed projects, comprising an array of one- or two-bedroom condominiums …

Canada faces worsening home ownership crisis with stalled condo sales Read More »

A look at the day ahead in U.S. and global markets from Mike Dolan Markets struggling which way to look will be dizzy again in an event-strewn Wednesday but the spotlight first thing drops on Alphabet’s impressive earnings beat and a relief-rally in election-bruised U.S. Treasuries. A critical fortnight for investors includes next week’s U.S. …

Morning Bid: Alphabet beats and Treasuries rally Read More »

(Reuters) – ANZ Group has unveiled an organisational overhaul, with an aim to streamline operations and enhance data analytics, the Australian lender said on Wednesday as it sought to address regulatory woes surrounding its oversight of certain operations. ANZ, which will report its annual results on Nov. 8, is currently being probed following media reports …

Australian lender ANZ launches structural overhaul amid regulatory woes Read More »

(Reuters) – The International Association of Machinists on Wednesday said the union had “productive face-to-face meeting” with Boeing to address key bargaining issues. The talks were held with the assistance of Acting Secretary of Labor Julie Su, the union said in a statement, adding that the parties will continue to engage in talks. (Reporting by …

IAM, Boeing had ‘productive meeting’, union says Read More »

By Suzanne McGee (Reuters) – Charles Schwab Corp plans to expand the availability of 24-hour trading to include all stocks in major U.S. indexes as well as hundreds of ETFs beginning in about two weeks, the brokerage said in a statement on Wednesday. The move comes amid burgeoning interest in extended hours trading from retail …

US broker Schwab to roll out broader overnight trading platform Read More »