Tiger Global was hit by about $17 billion in losses during this year’s tech stock sell-off, marking one of the largest dollar falls for a hedge fund in history. The poor performance means the company — one of the largest hedge funds in the world and a big investor in high-growth, speculative companies whose shares …
Tiger Global hit by $17 billion in tech routine losses Read More »
Without being a panacea, carbon capture and storage, a green technology Ottawa is betting heavily on, could play a significant role in meeting Canada’s greenhouse gas reduction goals. • Also read: Justin still betrays future generations • Also read: Here are 10 actions from the Freeland budget 2022 • Also read: Ottawa approves a controversial …
Carbon capture, a more promising technology than it seems Read More »
The national median price for regular gasoline rose more than four cents Tuesday to $4.37 a gallon, according to AAA. This beats the previous record of $4.33 set on March 11th. The gas spike – prices are up 17 cents in the past week alone – will only add to the inflationary pressures that have …
Yes, I know credit card plogs might seem out of place in a personal finance column when you should be reading about how to quit that lifestyle and build a big TFSA. We can always look at them as incentives to spend and borrow, we can be rightly outraged at their inflated interest rates, but …
Bitcoin is now down 50% from its all-time highs set in November. Arthur Widak | Nurphoto | Getty Images Bitcoin investors are panicking as controversial stablecoin terraUSD continues to deviate from its intended $1 peg. TerraUSD, or UST, dipped below 70 cents for the first time late Monday as holders continued to flee the token …
Bitcoin Investors Panic As Controversial Crypto Experiment Develops Read More »
Canada-based oil sands producer Suncor (SU) reported first-quarter results late Monday, boosted by a surge in oil prices following Russia’s invasion of Ukraine. Suncor stock rallied early Tuesday as oil stocks were mixed overall as crude prices moved lower. X oil producer Western Petroleum (OXY) and oil transportation provider Teekay tanker (TNK) will report their …
91% of Canadian SMEs will invest an average of $118,000 in digital technology in 2021, according to a new study by Entrepreneurs Bank of Canada (BDC) released Tuesday. According to the study, these companies are growing much faster than others and are investing more in digital technologies because they understand they will benefit from it. …
About 100 New York City Orthodox Jews who were on a religious pilgrimage to Hungary said they were barred from boarding their connecting flight in Germany last week because some of them failed to wear a mask on the outbound flight. According to the Jewish news agency Hamodia, the group had left JFK and traveled …
A house is for sale in Chicago, Illinois. Scott Olson | Getty Images One of the leanest real estate markets in history could gain some weight. The supply of homes for sale could increase in the coming weeks, according to new data from Realtor.com. In April, inventories were 12% lower than the same month last …
Three young Montrealers turned down a multi-million dollar offer from American giant Hershey’s. Her dream is not just quick money, but her business, Mid-Day Squares, the “Saputo” of healthy chocolate. • Also read: This couple has retired after 46 years in the catering business • Also read: Two women at the head of a microbrewery …
