Statistics Canada released third-quarter gross domestic product (GDP) figures on Friday (November 28). The data showed that the economy grew by 0.6 percent over the three-month period, following a 0.5 percent decrease in the preceding quarter. The agency attributed the gain to lower imports and higher exports. Leading declines were…
Campbell’s has fired an executive accused of making racist comments and mocking its products and customers, the company announced on Wednesday. The termination follows a lawsuit filed in Michigan by former employee Robert Garza against Campbell’s, the company’s then-vice president of information technology Martin Bally and another manager. The complaint…
The US Securities and Exchange Commission has opened an inquiry into Jefferies’ relationship with bankrupt auto parts manufacturer First Brands Group, according to reporting from the Financial Times. The regulator is examining whether Jefferies provided adequate disclosure to investors about the extent of its Point Bonita fund’s exposure to the…
US stocks have been in a sharp uptrend over the past seven months, with the benchmark S&P 500 index currently up more than 35% versus its year-to-date low in April.Still, a handful of outperformers are trading at relatively low forward valuations heading into 2026.According to analysts, these gems with consensus…
South Korea’s small-cap Kosdaq Index surged sharply on Friday following media reports suggesting that the government may introduce tax incentives and encourage greater stock market participation by institutional investors. The rally, driven by renewed optimism ahead of expected policy measures, saw the Kosdaq outperform the nation’s benchmark Kospi Index by…
MediaTek Inc. shares are on track for their strongest weekly performance in more than two decades, driven by renewed investor confidence following advances in artificial intelligence technology at key customer Google. The rally underscores shifting expectations for the Taiwanese chipmaker, long reliant on smartphones, as it gains exposure to the…
The global news cycle opened with a series of impactful developments across politics, markets, and cybersecurity, shaping sentiment heading into the final stretch of the week. From President Donald Trump’s renewed push to tighten US immigration policy to a sudden trading halt at CME Group that rippled through futures markets,…
US financial services firm StoneX Group is set to significantly expand its footprint in the burgeoning Indian market with a two-pronged strategy focused on both financial services and technological capability. The company plans to launch a dedicated precious metals trading desk in India in early 2026, marking a major commitment to…
Germany is preparing a new wave of defence spending as lawmakers move toward approving €2.9 billion for 11 procurement contracts that support a wide stretch of domestic military manufacturing. The planned approvals are expected at a closed-door meeting next week, marking another step in Germany’s attempt to rebuild its armed…
Japan is moving ahead with a new spending plan to reinforce its long-term strategy for artificial intelligence and semiconductor development. The government has outlined an extra budget of about ¥252.5 billion, reports Bloomberg, which is smaller than last year’s package but reflects a shift in approach. Instead of relying on…