County Pacific Financial News

With employees back at work, two Canadian railroads can resume operating.

After a bitter contract dispute shut down the country’s two major railways, the federal labour board ordered thousands of rail employees back to work on Saturday.

As questions swirl around how long Canadian rail lines might stay dormant, some economists argue that the Bank of Canada ought to look past any disruptions as it looks to tame inflation and ease pressure on the stagnant economy.

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Canada’s two biggest railways, accounting for almost 80 per cent of the national network, shut down early Thursday after talks with a union failed, immediately blocking arteries of North American supply chains that carry about $1 billion per day in trade.

Canada’s two largest railroads are facing possible Teamsters strikes.

The scorching summer that India just trudged past was yet another reminder of a rapidly warming Earth, with temperatures soaring to almost 50° Celsius in one of our longest heatwave spells. The country logged more than 40,000 suspected cases of heatstroke, with a death toll of over 100 people. But 2024 stands out for another reason: a shift in the Pacific Ocean’s see-saw of warm and cool water along the equator, a phenomenon that distorts weather around the globe.

Flights and trains in the Tokyo area have been canceled, and people were warned of strong winds, heavy rains and potential flooding and mudslides as a typhoon swerved near Japan on its way further north in the Pacific Ocean

Bill Ackman’s Pershing Square Capital Management LP built a stake in Canadian investment management giant Brookfield Corporation during the second quarter of 2024, a U.S. regulatory filing released Wednesday showed.  

The country’s two main railways and their workers remain at loggerheads over scheduling, safety or salaries — depending on who you ask — as the clock ticks down on contract negotiations.

A poll conducted by Paradigm Policy Lab revealed a growing affinity for cryptocurrency among Democratic voters, potentially reshaping the landscape of the upcoming presidential election.

On the BSE, Danlaw Technologies(down 19.29 per cent), Pacific Ind(down 16.95 per cent), Coffee Day Ent(down 16.57 per cent), Anuh Pharma(down 12.09 per cent) and Ambika Cotton(down 10.62 per cent) were among the stocks that plunged over 5 per cent during the session.

The union that represents train engineers says Union Pacific is holding back on its promises to make their schedules more predictable

Mint, pegs the growth in leadership hiring in the first six months of this year at 15% year-on-year. In January-June, 474 top-deck recruitments happened compared to 411 in the same period last year. Business head and chief operating officer (COO) appointments increased by 13%, while chief executive officer (CEO) hiring increased by 8%.

Shippers and producers held their breath ahead of a possible strike by thousands of railworkers this month that would halt freight traffic, clog ports and disrupt industries.

real estate investments in the Asia-Pacific region, attracting 9% of the total volume of investment within the region in the first half of 2024, showed a Knight Frank India study. The total cross-border investments in the Asia Pacific region during this period reached $11.5 billion, with India receiving $3 billion from global private equity investors. In terms of investment in Indian real estate, the office sector accounted for 36% of the total global capital allocation, reflecting the strong appeal of commercial real estate assets. The industrial sector followed closely with 30% of the investment share, while the residential sector received 15%, and retail accounted for 10%.

Advocates say air conditioning is no longer a luxury but a public health and affordability issue

premiere date for the limited series "Before," starring and executive produced by Billy Crystal. The 10-episode supernatural mystery will debut on October 25.

One Piece Chapter 1122 will be released on Sunday, August 4, 2024. Fans can read the latest chapters for free on Manga Plus.

Paris Olympics judging panel after a photo circulated online of him embracing a competitor along the shore's edge in Tahiti this week. During one of the competition's off days, a commentator shared a photo on his social media showing Australian judge Benjamin Lowe posing alongside Australian surfing team member Ethan Ewing. Bede Durbidge, coach of the Australian team, was also in the photo, as per an AP report. The International Surfing Association released a statement Thursday saying it removed Lowe from the judging panel for the remainder of the competition to «protect the integrity and fairness of the ongoing competition.» «The ISA is aware of a photo circulating on social media in which one of the Olympic surfing judges from Australia is seen socially interacting with an Australian athlete and the team manager,» the ISA said.

In the first half of this year, 37 new crypto exchange-traded funds (ETFs) and exchange-traded products (ETPs) were listed globally with a total of 877 new products launched, according to the research firm ETFGI.