Sunday, January 16, 2022

Financial Post

Financial Post


The coding industry in Canada is growing rapidly

Posted: 16 Jan 2022 06:10 AM PST

This article was created by StackCommerce. Postmedia may earn an affiliate commission from purchases made through our links on this page. Read More

Wall St Week Ahead-Earnings to test growth stocks after rocky start to year

Posted: 16 Jan 2022 06:00 AM PST

NEW YORK -- A rough start to 2022 for U.S. tech and growth stocks is raising stakes for upcoming earnings reports, as investors seek reasons to keep faith in the shares while bracing for U.S. interest rate hikes. Read More

Bahrain’s GFH Group to spin out infrastructure and real estate assets-statement

Posted: 16 Jan 2022 05:50 AM PST

DUBAI -- Bahrain-based GFH Financial Group said on Sunday it was spinning out its infrastructure and real estate assets and placing them under Infracorp, a newly established company. Read More

Egypt’s Suez Canal revenues expected to hit $7 bln in 2022, says chairman

Posted: 16 Jan 2022 05:29 AM PST

CAIRO -- Egypt's Suez Canal revenues are expected to hit $7 billion in 2022 versus $6.3 billion in 2021, the chairman of the Suez Canal Authority (SCA) said in an interview with Saudi-owned Asharq television on Sunday. Read More

Trader Vitol Says Oil Prices May Rise Even More on Tight Supply

Posted: 16 Jan 2022 04:17 AM PST

(Bloomberg) -- The world's biggest independent oil trader said crude prices -- already up more than 10% this year -- could rise even more because of tight supplies. Read More

Egypt to increase investments in state-owned oil companies to $1.92 bln in FY 2022-2023

Posted: 16 Jan 2022 04:08 AM PST

CAIRO -- Egypt plans to increase investments in the state-owned oil companies to 30 billion Egyptian pounds ($1.92 billion) in fiscal year 2022-2023, which is the highest ever, the petroleum ministry said on Sunday. Read More

Physical crude oil market steams ahead after Omicron blip

Posted: 16 Jan 2022 04:00 AM PST

LONDON/BANGALORE/SINGAPORE -- Frantic oil buying driven by supply outages and signs the Omicron variant won't be as disruptive as feared has pushed some crude grades to multi-year highs, suggesting the rally in Brent futures could be sustained a while longer, traders said. Read More

Suez Canal expansion due to finish in July 2023 – SCA chairman

Posted: 16 Jan 2022 03:14 AM PST

DUBAI -- A project to expand parts of the Suez Canal is expected to be completed after two years of work in July 2023, the chairman of the Suez Canal Authority (SCA) said on Sunday. Read More

Libya Says Oil Output Back to 1.2 Million Barrels a Day

Posted: 16 Jan 2022 02:42 AM PST

By Salma El Wardany Read More

Yamal gas pipeline flows eastward from Germany to Poland for 27th day running

Posted: 16 Jan 2022 12:46 AM PST

MOSCOW -- The Yamal-Europe pipeline, which usually sends Russian gas west into Europe, flowed east from Germany to Poland for a 27th successive day on Sunday, data from German network operator Gascade showed. Read More

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