On Monday, BlackRock (BLK) filed a revised proposal for a spot Bitcoin (BTC) exchange-traded fund (ETF) in an attempt to appease regulators, which is likely to boost its chances of getting a first-of-its-kind approval in the US Under the updated proposal, BlackRock’s ETF will have cash creation and redemption mechanisms, the model preferred by the … [Read more…]
Bank of Japan (BOJ) Governor Kazuo Ueda gestures as he speaks during a press conference at the central bank’s headquarters in Tokyo, Japan, Tuesday, Oct. 31, 2023. Kiyoshi Ota | Bloomberg | Getty Images Amid “extremely high uncertainties” affecting the world’s third-largest economy, Japan’s central bank is expected to leave its ultra-loose monetary policy unchanged … [Read more…]
2 hours ago Australia’s central bank considered raising interest rates in December but paused due to limited data: minutes The Reserve Bank of Australia considered a 25 basis point rate hike in December but ultimately decided to keep rates at 4.35%, central bank minutes showed. The RBA said the case for a rate hike was … [Read more…]
Security gate in front of the Tesla Motors Gigafactory site east of Reno, Nevada. David Calvert | The Washington Post | Getty Images Tesla has informed workers at its Sparks, Nevada, battery factory that some hourly wage workers there will receive pay increases of about 10% starting in early January 2024. According to internal materials … [Read more…]
Gabby Jones/Bloomberg/Getty Images Shoppers wait in line outside the Apple Fifth Avenue store in New York, USA, on Friday, September 22, 2023. Apple Inc.’s latest iPhones and watches went on sale Friday, a test of whether a new smartphone design and humble smartwatch changes can help put the company back on track for growth. Photographer: … [Read more…]
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, USA, December 7, 2023. Brendan Mcdermid | Portal Stock futures were near the zero line on Monday evening. Futures tied to the Dow Jones Industrial Average fell 25 points, while S&P 500 futures and Nasdaq 100 futures fell 0.05% … [Read more…]
How are Quebecers doing Christmas shopping a few days before Christmas? Is the crowd there? • Also read: ‘I think we give too many presents’: How much do Quebecers spend this Christmas? Our journalists Anne-Sophie Jobin and Marie-Pier Roy visited a shopping center and shops specializing in pastry and catering services. TVA News Although consumers … [Read more…]
A Christmas gift unwrapping session between Gabrielle Huppé and Maude Girard allowed Next Chance, an environmentally conscious holiday packaging and accessories company, to see the light of day. “As we opened our gifts, we had a strong image of the wrapping paper-filled trash bags ending up on the side of the road and then in … [Read more…]
“The success of LeddarTech will be Quebecois,” proclaims proudly Newspaper the automotive software technology chief who is floating on the NASDAQ today at a valuation of $465 million, looking to overtake Tesla thanks to his intellectual property developed here. “Tesla’s technology has not been tested under all conditions and in all environments,” Frantz Saintellemy, president … [Read more…]
When he played football, Jean-Philippe Robert charged at his opponents with intensity and determination. Today, he and his two brothers run their high-quality winter coat company, Quartz Co., in the same way. The 39-year-old discovered his entrepreneurial spirit during his studies by selling printed T-shirts for student and sports clubs. A little experiment that gave … [Read more…]