Tuesday, November 2, 2021

Financial Post

Financial Post


Onex President Says Wage Inflation Will Stay, Squeezing Margins

Posted: 02 Nov 2021 10:04 AM PDT

Companies that employ a lot of low-wage workers will need to grow faster or increase their productivity if they want to maintain their margins without raising prices, Onex Corp. President Bobby Le Blanc said. Read More

Dynacor Declares November 2021 Monthly Dividend

Posted: 02 Nov 2021 10:03 AM PDT

MONTREAL, Nov. 02, 2021 (GLOBE NEWSWIRE) -- Dynacor Gold Mines Inc. (TSX: DNG) (Dynacor or the Corporation) announced its monthly dividend. The declaration of a dividend payment of C$0.0067 per common share will be payable on November 18, 2021, to shareholders of record as of the close of business on November 9, 2021. This dividend represents the twentieth (20th) dividend and tenth monthly payment made to shareholders. Read More

Wyre Reveals All-in-One, NFT Marketplace Solution Which Enables Developers to Build Marketplaces in Less Than 24 Hours

Posted: 02 Nov 2021 10:03 AM PDT

San Francisco, CA, Nov. 02, 2021 (GLOBE NEWSWIRE) -- (via Blockchain Wire) Wyre, a leading fiat-to-crypto and payment infrastructure company, has launched an all-in-one NFT solution for building NFT marketplaces rapidly and securely.  Read More

Spain adopts EU copyright law, paving way for Google News to return

Posted: 02 Nov 2021 10:01 AM PDT

MADRID -- Spain has adopted a European Union copyright directive that allows third-party online news platforms to negotiate directly with content providers, the government said on Tuesday, setting the stage for Alphabet's Google News to return to the country. Read More

Facebook will shut down facial recognition system

Posted: 02 Nov 2021 10:00 AM PDT

Facebook Inc announced on Tuesday it is shutting down its facial recognition system which automatically identifies users in photos and videos, citing growing societal concerns about the use of such technology. Read More

‘More than 760,000 Ontario workers will be getting a raise’: Doug Ford hikes minimum wage to $15

Posted: 02 Nov 2021 09:54 AM PDT

MILTON, Ont. — Ontario will increase the minimum wage to $15 an hour, Premier Doug Ford announced Tuesday, drawing support from labour leaders who called the move a good start. Read More

Mining stocks, Flutter Entertainment hit UK’s FTSE 100

Posted: 02 Nov 2021 09:54 AM PDT

London's FTSE 100 index dropped on Tuesday, with mining stocks taking a hit from a slump in iron ore prices, while shares in online betting group Flutter Entertainment and Asia-focussed lender Standard Chartered fell after posting quarterly results. Read More

U.S. sues to stop Penguin Random House bid to buy Simon & Schuster

Posted: 02 Nov 2021 09:54 AM PDT

WASHINGTON -- The U.S. Justice Department filed a lawsuit on Tuesday aimed at stopping Penguin Random House, the world's biggest book publisher, from buying competitor Simon & Schuster, saying the deal would give the company "outsized influence" over what Americans read. Read More

Pandemic-related challenges to the Global Supply Chain are exacerbated by labour shortages faced by the Canadian trucking industry

Posted: 02 Nov 2021 09:53 AM PDT

TORONTO, Nov. 02, 2021 (GLOBE NEWSWIRE) -- Pressing labour shortages faced by the Canadian trucking industry are creating additional challenges to an already stressed global supply chain. An aging workforce, barriers to appropriate training, the image of the industry and a lack of support are all contributing to the difficulties faced by the Canadian trucking industry to keep goods flowing within a stressed and recovering global supply chain. Read More

Top Fertilizer Firm’s ‘Greatest Challenge’ Is Filling Demand

Posted: 02 Nov 2021 09:53 AM PDT

(Bloomberg) -- Fertilizer demand is so strong -- despite sky-high prices -- that farmers are lining up for the key crop inputs, according to one of the world's largest producers. Read More

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