Tuesday, April 13, 2021

Financial Post

Financial Post


Gold gains ground on strong U.S. inflation data, weaker dollar

Posted: 13 Apr 2021 11:13 AM PDT

Gold prices bounced off a more than Read More

First Bitcoin ETF in North America hits $1.25 billion in assets

Posted: 13 Apr 2021 11:12 AM PDT

Less than two months after launching, the first North American Bitcoin ETF already reached US$1 billion ($1.25 billion) in assets, according to a statement from its issuer. Read More

Biden’s climate envoy Kerry to hold talks with China, South Korea

Posted: 13 Apr 2021 11:12 AM PDT

WASHINGTON -- U.S. climate envoy John Kerry will travel to China this week to discuss international efforts to tackle global warming, seeking to press his counterparts to make ambitious emissions reduction targets despite tension in the U.S.-China relationship. Read More

Air Canada shares fall after government takes equity stake

Posted: 13 Apr 2021 11:12 AM PDT

Air Canada shares fell sharply on Tuesday on fears that its market value would be diluted after the Canadian government took a discounted equity stake in the flagship carrier as part of a deal for C$5.9 billion ($4.7 billion) in aid. Read More

Yields accelerate fall after strong 30-year bond auction

Posted: 13 Apr 2021 11:10 AM PDT

CHICAGO -- U.S. Treasury yields fell Read More

U.S. Fed may need to do more to keep short-term rates above zero

Posted: 13 Apr 2021 11:06 AM PDT

NEW YORK -- The Federal Reserve may need to go all out and lift the short- term rates it manages, analysts say, since its latest proposals to widen and expand open market operations to keep rates from going negative may fall short. Read More

Covestro raises forecasts thanks to margin improvement

Posted: 13 Apr 2021 11:05 AM PDT

BERLIN -- German plastics group Covestro AG on Tuesday raised the outlook for its profit, cash flow and return on capital this year on the back of an improvement in margins at its core operating business. Read More

Conifex Announces First Quarter 2021 Results Conference Call

Posted: 13 Apr 2021 11:04 AM PDT

VANCOUVER, British Columbia, April 13, 2021 (GLOBE NEWSWIRE) -- Conifex Timber Inc. (TSX: CFF) announced today that it plans to release its first quarter 2021 results after market close on Tuesday, May 11, 2021. Conifex has scheduled a conference call at 2:00 PM Pacific time / 5:00 PM Eastern time on the same day to discuss its financial results. To participate in the call, please dial one of the following numbers: Read More

Partial Strike at Eastern Canada’s Biggest Port to Clog Shipping

Posted: 13 Apr 2021 11:03 AM PDT

(Bloomberg) -- A partial strike scheduled to start Wednesday by Port of Montreal dockworkers threatens to increase congestion in other parts of North America and further waylay shipments at a time of surging shipping costs and delays. Read More

Barrick Updates its Evolving Emissions Reduction Target

Posted: 13 Apr 2021 10:59 AM PDT

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