Wednesday, June 29, 2022

Financial Post

Financial Post


U.S. watchdog to audit FAA oversight of Boeing 737, 787 production

Posted: 29 Jun 2022 08:46 PM PDT

The office of the inspector general of the U.S. Transportation Department will audit the Federal Aviation Administration's (FAA) oversight of Boeing 737 and 787 production, it said on Wednesday. Read More

Euro under pressure as inflation fears send investors to dollar haven

Posted: 29 Jun 2022 08:43 PM PDT

SINGAPORE/HONG KONG -- The euro struggled to regain a footing on Thursday, having tumbled overnight against a resurgent U.S. dollar, which benefited from safe-haven demand on renewed worries about higher rates and a global recession. Read More

dynaCERT Announces Voting Results from Annual Meeting and Completion of Review

Posted: 29 Jun 2022 08:28 PM PDT

TORONTO -- dynaCERT Inc. (TSX: DYA) (OTCQB: DYFSF) (FRA: DMJ) ("dynaCERT" or the "Company") is pleased to announce the results of the annual and special meeting of its shareholders, which was completed today (the "Meeting"). The Meeting was held virtually via TSX Trust Company's virtual meeting platform. A total of 107,783,677 common shares of the Company (each, a "Common Share"), representing 28.25% of the total Common Shares outstanding, were represented in person or by proxy at the Meeting. dynaCERT's shareholders voted in favor of all items of business put forward at the Meeting, being the election of all nominated directors and the re‐appointment of BDO Canada LLP as the auditors of the Company. Read More

Japan stocks drop as lackluster production data dents sentiment

Posted: 29 Jun 2022 08:24 PM PDT

Japanese stocks lost nearly 1% on Thursday, after data showed that monthly industrial production fell the most in two years and the yen hit a 24-year low overnight, stoking fears of an economic slowdown. Read More

The Daily Wire Launches ‘DailyWire+’ With Addition of Jordan Peterson

Posted: 29 Jun 2022 08:22 PM PDT

NASHVILLE, Tenn. -- The Daily Wire is expanding its streaming service with the launch of DailyWire+, an umbrella platform under which the company's growing catalog of video content will live. With the launch of the new platform, the company announced the addition of Dr. Jordan B. Peterson and an expansion of its existing deal with PragerU. Read More

China’s factory, service sectors shake off 3 months of lockdown pain

Posted: 29 Jun 2022 08:16 PM PDT

BEIJING -- China's factory and service sectors snapped three months of activity decline in June, business surveys showed on Thursday, as authorities lifted a strict COVID lockdown in Shanghai, reviving output and consumer spending. Read More

Copper slips, set for worst quarter since March 2020 on slowdown woes

Posted: 29 Jun 2022 08:15 PM PDT

Copper prices edged lower on Thursday Read More

Oil rises as supply concerns outweigh U.S. fuel stocks build

Posted: 29 Jun 2022 08:12 PM PDT

SINGAPORE -- Oil prices edged higher on Thursday after dipping in early Asian trade, as concerns about global supply tightness outweighed a build in U.S. gasoline and distillate inventories. Read More

China needs to keep options to cut RRR, rates while waiting for bounce, says ex-regulator

Posted: 29 Jun 2022 07:42 PM PDT

SHANGHAI -- China's central bank needs to keep cuts to interest rates and banks' reserve requirement ratio among its policy options while waiting for the economy to bounce back, a former senior official at the country's foreign exchange regulator said. Read More

Australia job vacancies surge as firms struggle to find staff

Posted: 29 Jun 2022 07:36 PM PDT

SYDNEY -- Job vacancies in Australia surged to all-time highs in the May quarter as firms struggled to find staff amid a tightening labor market, another sign interest rates are likely to rise further next week. Read More

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