U.S. President Joe Biden’s administration has the power to stymie oil and gas development on government-controlled lands and waters, industry and environmental experts said, even though a court decision ended his freeze on federal drilling auctions.
A bipartisan group of U.S. senators on Thursday proposed a 25% tax credit for investments in semiconductor manufacturing as Congress works to increase U.S. chip production.
Canadian home prices accelerated again in May from the previous month, posting the largest monthly rise in the history of the Teranet-National Bank Composite House Price Index, data showed on Thursday.
The yield spread between junk-rated corporate bonds and U.S. Treasuries tightened further late on Wednesday, falling to its lowest level in more than a decade as yield-hungry investors snapped up risky debt.
Canada’s financial regulator raised the amount of capital the country’s biggest lenders must hold to guard against risks to a record 2.5% of risk-weighted assets, from 1% currently, in a surprise move that could pave the way for them to resume dividend increases and share buybacks.
Ford Motor Co (F.N) said on Thursday its second-quarter operating profit will exceed expectations due to lower costs and rising prices for new and used vehicles amid the global semiconductor chip shortage.
As the Federal Reserve takes initial steps toward removing its massively accommodative policy, investors are preparing for the main show ahead.
Russian Deputy Prime Minister Alexander Novak said on Thursday that the European Union’s plans to impose carbon emission costs on imports of goods may clash with the global trade rules and threaten the safety of energy supplies.
Lufthansa (LHAG.DE) will allow passengers to use new digital COVID-19 vaccination certificates at check-in for their flights, the German airline said on Thursday.
U.S. cattle ranchers and investors are sinking hundreds of millions of dollars into new beef plants after temporary closures of massive slaughterhouses at the start of the COVID-19 pandemic left farmers with nowhere to send animals destined to be turned into meat.
U.S. President Joe Biden’s administration has the power to stymie oil and gas development on government-controlled lands and waters, industry and environmental experts said, even though a court decision ended his freeze on federal drilling auctions.
A bipartisan group of U.S. senators on Thursday proposed a 25% tax credit for investments in semiconductor manufacturing as Congress works to increase U.S. chip production.
Canadian home prices accelerated again in May from the previous month, posting the largest monthly rise in the history of the Teranet-National Bank Composite House Price Index, data showed on Thursday.
The yield spread between junk-rated corporate bonds and U.S. Treasuries tightened further late on Wednesday, falling to its lowest level in more than a decade as yield-hungry investors snapped up risky debt.
Canada’s financial regulator raised the amount of capital the country’s biggest lenders must hold to guard against risks to a record 2.5% of risk-weighted assets, from 1% currently, in a surprise move that could pave the way for them to resume dividend increases and share buybacks.
Ford Motor Co (F.N) said on Thursday its second-quarter operating profit will exceed expectations due to lower costs and rising prices for new and used vehicles amid the global semiconductor chip shortage.
As the Federal Reserve takes initial steps toward removing its massively accommodative policy, investors are preparing for the main show ahead.
Russian Deputy Prime Minister Alexander Novak said on Thursday that the European Union’s plans to impose carbon emission costs on imports of goods may clash with the global trade rules and threaten the safety of energy supplies.
Lufthansa (LHAG.DE) will allow passengers to use new digital COVID-19 vaccination certificates at check-in for their flights, the German airline said on Thursday.
U.S. cattle ranchers and investors are sinking hundreds of millions of dollars into new beef plants after temporary closures of massive slaughterhouses at the start of the COVID-19 pandemic left farmers with nowhere to send animals destined to be turned into meat.
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