Analysts

Analysis: U.S. ban on Nvidia, AMD chips seen boosting Chinese rivals

The U.S. ban on exports to China of Nvidia and AMD's flagship artificial intelligence chips will create new business opportunities…

3 years ago

Analysis: Sterling returns to the 1980s, and it may get cheaper still

Sterling's slide against the dollar to a rate last seen in 1985 has sparked talk of a dramatic spiral downwards…

3 years ago

FOREX Euro holds above 2-decade low before ECB decision

The euro was hovering above Tuesday's two-decade low on Thursday as investors awaited a policy decision from the European Central…

3 years ago

Ubisoft shares tumble as Tencent deal seen dampening buyout prospects

Shares in Ubisoft Entertainment (UBIP.PA) tumbled on Wednesday after it announced a deal that sees China's Tencent Holdings (0700.HK) raise its stake in the…

3 years ago

EU gas price rockets higher after Russia halts Nord Stream flows

European gas prices rocketed as much as 30% higher on Monday after Russia said one of its main gas supply…

3 years ago

BNPL lender Affirm’s shares tumble after gloomy full-year revenue forecast

Shares of Affirm Holdings Inc (AFRM.O) tumble 13% in premarket trading on Friday after the buy-now-pay-later lender's full-year revenue forecast missed Wall…

3 years ago

Canada’s TD, CIBC profits beat estimates; loan growth offsets higher costs, provisions

Toronto-Dominion Bank (TD.TO) and Canadian Imperial Bank of Commerce (CM.TO) posted better-than-expected third-quarter profits on Thursday, with the former driven by lower provisions for…

3 years ago

Canada’s Scotiabank profit rises on lending strength in international unit

Bank of Nova Scotia reported third-quarter profit a touch below estimates on Tuesday, but earnings rose from a year earlier…

3 years ago

Exclusive: Saudi, UAE save oil firepower in case of winter supply crisis

OPEC leaders Saudi Arabia and the United Arab Emirates stand ready to deliver a "significant increase" in oil output should…

3 years ago

Russian rouble weakens as market takes stock of rate cut

The Russian rouble weakened in jittery Moscow trade on Monday, adjusting to the central bank's decision to slash interest rates…

3 years ago