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Jun 14, 2024 · Former BoC governor predicts interest rates around 3% by 2026. Daniel Johnson , BNN Bloomberg. Following the Bank of Canada’s recent decision to cut interest rates, a former Bank of Canada governor predicts interest rates to settle around three per cent over the coming years. Last week Canada’s central bank moved to lower its benchmark ...
Jun 3, 2024 · Boeing 737 fuselages outside the Boeing Co. manufacturing facility in Renton, Washington. (Bloomberg) -- Boeing Co. says its jet deliveries to China remain halted as regulators there scrutinize the design of a new, 25-hour cockpit voice recorder used in aircraft including the 737 Max and 787 Dreamliner. The planemaker provided a statement ...
Jun 11, 2024 · Boeing deliveries falter as China compounds 737 max woes. Julie Johnsson, Bloomberg News. A worker walks near Boeing 737 fuselages outside the Boeing Co. manufacturing facility in Renton, Washington, US, on Monday, Feb. 5, 2024. Boeing Co. found more mistakes with holes drilled in the fuselage of its 737 Max jet, a setback that could further ...
Jun 6, 2024 · Irina Anghel, Bloomberg News. , Office for National Statistics. (Bloomberg) -- Prime Minister Rishi Sunak’s pledge to cap the number of immigrants entering the UK risks colliding with the Bank of England’s effort to keep inflation in check. Struggling to gain traction in his bid for re-election, Sunak has promised to introduce a strict ...
Jun 3, 2024 · Amanda Albright, Bloomberg News. (Bloomberg) -- University of the Arts, a private college in Philadelphia that trains future animators and dancers with roughly $50 million of municipal debt outstanding, is abruptly closing after its finances deteriorated. The college, founded in 1876 with about 1,200 full-time students, announced on Friday that ...
Jun 7, 2024 · Crypto Marketplace Bakkt Weighs Potential Sale, Breakup. (Bloomberg) -- Bakkt Holdings Inc., the digital-asset marketplace launched by the parent of the New York Stock Exchange, is exploring a potential sale amid a spike in crypto-related takeover activity, according to people familiar with the matter. Bakkt has been working with a financial ...
Jun 6, 2024 · Nvidia joins $3T club: The dizzying rise of chipmaker Nvidia passed a new waypoint yesterday, with the total value of the company topping US$3 trillion for the first time ever. It joins only two other companies in that valuation tier: tech giants Microsoft and Apple. The speed with which the company accomplished the feat is truly breathtaking.
