Friday, December 3, 2021

Financial Post

Financial Post


Wall St Week Ahead-Hawkish Fed boosts value stocks’ appeal for some investors

Posted: 03 Dec 2021 06:59 PM PST

NEW YORK -- Some investors are preparing for a hawkish turn from the Federal Reserve by buying the cyclical, economically-sensitive names they gravitated to earlier this year, as expectations grow that the central bank is zeroing in on fighting inflation. Read More

How could China’s Didi delist from the New York Stock Exchange?

Posted: 03 Dec 2021 06:46 PM PST

China's ride-hailing giant Didi Global Inc's announcement on Friday that it plans to withdraw from the New York Stock Exchange and pursue a Hong Kong listing raises the question of how the move will happen. Read More

Donors eye Dec. 10 decision on shifting frozen funds for Afghanistan

Posted: 03 Dec 2021 06:31 PM PST

WASHINGTON -- Donors to the World Bank-administered Afghanistan Reconstruction Trust Fund (ARTF) have agreed to decide about a transfer of funds to humanitarian aid agencies by Dec. 10, a World Bank spokesperson said on Friday. Read More

U.S. airlines to participate in Senate oversight hearing

Posted: 03 Dec 2021 06:31 PM PST

WASHINGTON -- U.S. airlines will take part in a Senate oversight hearing this month on the industry, an aviation trade group said on Friday, with lawmakers expected to quiz executives about how carriers used pandemic-related federal aid, staffing issues and other matters. Read More

S.Korea reports record-high COVID-19 cases, deaths

Posted: 03 Dec 2021 06:07 PM PST

SEOUL -- South Korea reported a record daily 5,352 new COVID-19 infections and 70 deaths, while a nationwide total of nine cases of the Omicron https://www.reuters.com/world/global-spread-omicron-cases-associated-travel-curbs-2021-11-29 variant have been confirmed, the Korea Disease Control and Prevention Agency (KDCA) said on Saturday. Read More

Mexican airline Interjet plans to restart in 2022 with 10 airplanes

Posted: 03 Dec 2021 05:13 PM PST

MEXICO CITY -- Mexican budget airline Interjet plans to resume flights in 2022 with 10 leased Airbus SE airplanes after shutting down a year ago when its already-suffering finances were hit by the COVID-19 pandemic, company representatives said on Friday. Read More

After Calling China’s Crackdown, This Fund Is Going Big on Solar

Posted: 03 Dec 2021 05:01 PM PST

(Bloomberg) -- One of the few funds to predict Beijing's clampdown on education companies is doubling down on its bets on China's solar companies.  Read More

U.S. labor movement’s next frontier is the tech industry, AFL-CIO’s Shuler says

Posted: 03 Dec 2021 04:58 PM PST

WASHINGTON -- The U.S. tech sector is the next frontier for labor organizing, and its workers are starting to understand the collective power unions have, President of the AFL-CIO Liz Shuler said on Friday at the Reuters Next Conference. Read More

Georgieva says examining all IMF research processes to ensure integrity

Posted: 03 Dec 2021 04:49 PM PST

WASHINGTON -- The International Monetary Fund is looking at all of its research processes in order to ensure the Fund's data integrity in the wake of a data-rigging scandal at the World Bank, Managing Director Kristalina Georgieva said on Friday. Read More

Lifeist Provides Corporate Update

Posted: 03 Dec 2021 03:54 PM PST

TORONTO, Dec. 03, 2021 (GLOBE NEWSWIRE) -- Lifeist Wellness Inc. ("Lifeist" or the "Company") (TSXV: LFST) (FRANKFURT: M5B) (OTCMKTS: NXTTF), a health-tech company that leverages advancements in science and technology to enable you to find your path to wellness, today provided a corporate update including on its 2021 Annual General Meeting of Shareholders ("AGM"). Read More

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