Article content (Bloomberg) — Electricte de France SA postponed the restart of six nuclear reactors amid worker strikes, putting further strain on French power supply as the country grapples with lower-than-usual atomic output.  Article content The strike action is blocking maintenance works and repairs at the reactors, CGT union leader Sebastien Menesplier said in a […]

Breadcrumb Trail Links PMN Business Author of the article: Reuters Sinéad Carew and Marc Jones Article content NEW YORK — Stocks reversed course to rally sharply higher after MSCI’s global stock index lurched to a July 2020 low and the dollar gave up strong gains as investors digested a red hot U.S. inflation reading that […]

Article content (Bloomberg) — Uganda plans to identify potential partners in the coming year to develop East Africa’s first nuclear power plant, which may cost as much as $9 billion as the country moves to boost electricity generation. Article content The government is working with China, Russia and the U.S. as it seeks investors, according […]

This section is Partnership Content supplied The content in this section is supplied by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by GlobeNewswire Breadcrumb Trail Links GlobeNewswire Author of the article: The Hon. Dr. Merrilee Fullerton (Kanata–Carleton), Minister of Children, Community and Social […]

Breadcrumb Trail Links PMN Business Glencore Plc faces a raft of class-action style lawsuits from investment and pension funds in the UK, months after the mining giant pleaded guilty to market manipulation and bribery. Author of the article: Bloomberg News Katharine Gemmell and Jack Farchy Article content (Bloomberg) — Glencore Plc faces a raft of […]

Article content This week’s FP top videos look at the Canadian dollar, the outlook for the Canadian economy, Loblaw Cos. Ltd.’s new driverless trucks and why Canada needs to invest more in the energy transition. Article content Karl Schamotta, chief market strategist at Corpay Cross Border Payments, speaks to the Financial Post’s Larysa Harapyn about […]

Breadcrumb Trail Links PMN Business Author of the article: Reuters Caroline Pailliez and Tassilo Hummel Article content PARIS — More than a fifth of France’s service stations were grappling with supply problems on Saturday, the energy ministry said, as strikes at refineries run by oil majors TotalEnergies and ExxonMobil continued to strain drivers’ nerves. “The […]

Breadcrumb Trail Links PMN Business Author of the article: Article content ZURICH — Credit Suisse will buy back up to 3 billion Swiss francs ($3 billion) of debt, an attempt by the Swiss bank to show its financial muscle and reassure investors concerned about the lender’s overhaul and how much it may cost. Speculation about […]

Breadcrumb Trail Links PMN Business Bank of Canada Governor Tiff Macklem said he remains firmly on an interest rate hiking path amid worries about elevated domestic price pressures and inflation expectations becoming entrenched. Author of the article: Bloomberg News Theophilos Argitis Tiff Macklem, governor of the Bank of Canada, speaks during a news conference in […]

Article content Canada’s main opposition Conservatives are ratcheting up pressure on the nation’s central bank, although the party’s new leader has put aside his previous call for the governor’s dismissal. Pierre Poilievre, who was overwhelmingly elected by fellow Tories last month to challenge Prime Minister Justin Trudeau, has blamed the Bank of Canada for financing […]