45 h. ago Trafigura Oil Head Says Assets Support Profit as Rivals Struggle

Trafigura Group’s recent investments in refineries and distribution assets have helped support its oil business, even as rivals saw their profitability slide, according to the trader’s head of oil, Ben Luckock.

Other

3 d. ago U.S. wholesale inflation fell in August as businesses saw smaller profits

Wholesale inflation in the United States, as measured by the Producer Price Index, fell unexpectedly in August as some businesses may have lost profits due to tariff impacts.

Economics

3 d. ago US Producer Prices Unexpectedly Drop, First Decline Since April

US wholesale inflation unexpectedly declined in August for the first time in four months, adding to the case for the Federal Reserve to cut interest rates.

Economics

5 d. ago Average rents dip 2.3 per cent in August, continuing downward trend

A new report says average asking rents fell in August compared with a year ago to mark 11 months of straight declines. The Rentals.ca and Urbanation report says the average rental rate across Canada was $2,137 in the month for a 2.3 per cent decline from a year ago, though still up one per cent […]

Other

1 week ago BYD’s Profit Plunge May Be a Worrying Sign of Things to Come

The fallout is becoming impossible to ignore in the fierce battle among Chinese carmakers.

Other

1 week ago BYD Profit Drop Shows Even Market Leader Isn’t Safe in Price War

The fallout is becoming impossible to ignore in the fierce battle among Chinese carmakers.

Politics

1 week ago BYD Profit Drop Shows Even EV Leader Isn’t Safe in Price War

The fallout is becoming impossible to ignore in the fierce battle among Chinese carmakers.

Politics

2 w. ago Royal Bank reports Q3 profit rose to $5.4 billion, revenue also up

TORONTO — Royal Bank of Canada reported a third-quarter profit of $5.4 billion, up from $4.5 billion in the same quarter last year. The bank says the profit amounted to $3.75 per diluted share for the quarter that ended July 31, up from a profit of $3.09 per diluted share a year earlier. Revenue totalled […]

Economics