2020 Financial News

Investing.com — The Dow closed higher Tuesday on the final day of trade for October, as investors digested a raft of corporate earnings, but stocks couldn't avoid racking up a third-straight loss for the first time since March 2020. 

The sudden death of a Toronto-based hedge fund manager has prompted an investigation by Ontario’s securities regulator into tens of millions of dollars in losses that the fund appears to have run up.

There was a “record spike” in the number of immigrants who left Canada between 2016 and 2019, according to a new study that urged the government to make retaining newcomers a top priority to boost the economy.

heating oil from the carbon price for the next three years, a policy that primarily benefits residents in Atlantic Canada.Energy and Natural Resources Minister Jonathan Wilkinson first said the federal pollution price will remain in place for other forms of home heating on his way into cabinet Tuesday morning.“There will be no more carve-outs coming,” Wilkinson said, who stressed Canadians on heating oil stand to save around $2,500 annually now.Conservative Leader Pierre Poilievre spent question period pressing Trudeau on the exemption, accusing him of doing it for political, not environmental reasons.Trudeau responded saying that eight out of 10 Canadians who use natural gas for heat get more money back from carbon rebates than they pay.NDP Leader Jagmeet Singh says the approach is one that divides the country.“It provides help to those that live in the ridings where the Liberals are worried about losing their seats and doesn’t provide help across the country. It’s a divisive approach,” Singh said.As an alternative, Singh called on the government to remove GST from all forms of home heating, calling it an essential as winter approaches.Premiers across the country are calling the federal carbon price exemption on home heating oil unfair as the policy announced last week primarily benefits Atlantic Canada.

Union minister Jyotiraditya Scindia in his family turf of Gwalior and he is making all efforts to ensure improvement in the BJP's tally in the region. In 2018, the Congress bagged 16 out of 21 seats of Gwalior region, while the BJP won five seats. In the 2020 bypolls, after Scindia's defection to the BJP, the party's tally went up to 11 while the Congress was reduced to 10. Just a few months ago, the Congress appeared to be sweeping the region.

Madeleine McCann for the way the family was treated during the investigation into their three-year-old daughter’s disappearance in 2007.Earlier this year, a group of senior police officers from Lisbon travelled to London to meet with Madeleine’s father Gerry McCann, according to BBC Panorama. The officers reportedly apologized to Gerry for the handling of their investigation.Madeleine went missing from a hotel room in Praia da Luz, in Portugal’s Algarve, while on vacation with her family in May 2007.

Also Read: Redefining real estate: The evolution from ESG compliance to corporate leadership ‘’While 22 banks out of the 26 assessed have set at least one sectoral target for their lending portfolio, only 6 banks have set financing conditions for high-emission sectors. This means that most of the banks’ sectoral decarbonization targets and commitments are not backed by a full set of measures to incentivise the transition of companies in that sector,'' said TPI in its study.

Miriam Margolyes has expressed her admiration for Matthew Perry, acknowledging him with affection a few weeks after she shared her «regret» about a question she posed to the renowned Friends star during her appearance on The Graham Norton Show. Margolyes, known for her roles in ‘The Age of Innocence’ and ‘Harry Potter and the Philosopher's Stone,’ graced the BBC chat show in 2020 alongside the late Perry, who passed away on Saturday, October 28.

The Biden administration is cracking down on so-called «junk fees» in retirement accounts.  

The gap between the U.S. and European economies is widening, with growth and inflation on different trajectories as the fallout from the war in Ukraine weighs on Europe’s prospects. The European Union’s statistics agency Tuesday said the combined gross domestic product of the eurozone’s 20 members fell by an annualized 0.4% in the three months through September, having increased by 0.6% in the previous quarter.

Delhi's air quality in October this year was the worst since 2020 with meteorologists attributing it to the lack of rainfall. The capital recorded an average Air Quality Index (AQI) of 210 this October, compared to 210 in October last year and 173 in October 2021, according to Central Pollution Control Board (CPCB) data.

(A) Graduate Electronics & BE/ B.Tech: DRDO is looking to engage two apprentice candidates each for Electronics & Communication and Mechanical branch with a stipend of ₹9000 per month. The essential qualification for Electronics & Communication is BE/ B.Tech in Electronics & Communication Engineering and BE/B.Tech in Mechanical Engineering for the Mechanical branch.

Central banks have loaded up on more gold than previously thought this year, offering crucial support to prices that have faced pressure from global monetary tightening.

Piramal Pharma Ltd. with a target price of Rs 115.0.

Apple on Monday introduced new MacBook Pro and iMac computers and three new chips to power them, with the company saying it had redesigned its graphics processing units (GPU), a key part of the chip where Nvidia dominates the market. The new computers and the M3, M3 Pro and M3 Max chips were unveiled at an online event heavily focused on professional users.

Kashyap says the idea of his much-anticipated film 'Kennedy' came from his friend and fellow filmmaker Sudhir Mishra, who had originally planned to make the movie with actors Sanjay Dutt and Tejaswini Kolhapure decades ago. Starring Rahul Bhat, the Hindi-language neo-noir thriller received a standing ovation on Sunday night at its screening at the Jio MAMI Mumbai Film Festival 2023 under the Gala Premier South Asia section. During the Q&A session post the screening, Kashyap said Mishra had roped him in to write a movie revolving around Uday Shetty, the character eventually played by Bhat in 'Kennedy'.

Def Jam, has shared his departure from the label. He also announced a double album, «I Might Forgive… But I Don't Forget,» set to be released via his CTE New World imprint on November 3. The album, titled "I Might Forgive," will feature production by Ricky Polo, ATL Jacob, Cubeatz, Hendrix, and more. The second part, «But I Don't Forget,» will be entirely produced by the J.U.S.T.I.C.E. League. This collective has collaborated with Jeezy on various projects, including his debut album, «Let's Get It: Thug Motivation 101,» released in 2005. Jeezy's exit from Def Jam is significant since his first studio album was launched through Def Jam South. All subsequent albums have been a joint effort between Def Jam and CTE, including his most recent solo release, «The Recession 2,» which came out in 2020. That year, he extended his contract with Def Jam and took on a consulting role. In August, Jeezy ventured into the world of publishing with his first book, «Adversity for Sale: Ya Gotta Believe.» The book delved into his journey to success in business and music, highlighting how he overcame obstacles.

A flow of recent data from the U.S. government has made one thing strikingly clear: A surge in consumer spending is fueling strong growth, demonstrating a resilience that has confounded economists, Federal Reserve officials and even the sour sentiments...

When Enterprise started to see automobile supply problems after the pandemic hit in 2020, the car and truck rental, fleet management and mobility company decided to cater to its long-term customers

Mint explains why. In 2018-19, two-wheeler sales hit a peak of nearly 21.18 million units, registering a 6% growth during the year. Thereafter, sales fell for three consecutive years to hit a decadal low of less than 13.6 million units in 2021-22.

By Jack Queen