Monday, June 6, 2022

Financial Post

Financial Post


Gold dips on firm dollar, yields as inflation test looms

Posted: 06 Jun 2022 11:14 AM PDT

Gold prices fell on Monday, pressured by Read More

Mexico inflation seen slowing in May

Posted: 06 Jun 2022 11:13 AM PDT

MEXICO CITY -- Mexican inflation is forecast to have slowed slightly in May, although it still remained far above the central bank's target, a Reuters poll showed on Monday, reinforcing bets that the key interest rate will go up again later this month. Read More

Mexico gross fixed investment reaches pre-pandemic levels in March

Posted: 06 Jun 2022 11:10 AM PDT

MEXICO CITY -- Mexico's measure of spending on machinery, equipment and new construction rose above pre-pandemic levels for the first time in March, figures from the national statistics agency showed on Monday. Read More

Battle for Ukraine’s Sievierodonetsk rages through city’s streets

Posted: 06 Jun 2022 11:08 AM PDT

KYIV -- Ukrainian and Russian troops fought street by street for control of the industrial city of Sievierodonetsk on Monday in a pivotal battle of the Kremlin offensive in Ukraine's eastern Donbas region. Read More

Musk threatens to walk away from Twitter deal

Posted: 06 Jun 2022 11:07 AM PDT

DETROIT (AP) -- Elon Musk is threatening to walk away from his $44 billion bid to buy Twitter, accusing the company of refusing to give him information about its spam bot and fake accounts. Read More

U.S. Supreme Court rules Southwest Airlines cannot force wage suit into arbitration

Posted: 06 Jun 2022 11:05 AM PDT

Southwest Airlines Co cannot force a baggage handler's class action lawsuit over overtime pay into private arbitration, the U.S. Supreme Court ruled on Monday in a decision with costly potential implications for companies including Amazon.com Inc and Uber Technologies Inc that employ many transportation workers. Read More

Apple dives deeper into autos with software for car dashboard

Posted: 06 Jun 2022 11:05 AM PDT

Apple Inc on Monday announced it would more deeply integrate its software into the instrument cluster on the dashboard of cars that will start shipping next year, while analysts and developers are keenly awaiting any hints about how a future mixed-reality headset might work. Read More

At least 160 Conservative lawmakers back PM Johnson: Reuters tally

Posted: 06 Jun 2022 11:05 AM PDT

LONDON -- At least 160 British lawmakers from Prime Minister Boris Johnson's Conservative Party had publicly indicated support for him ahead of the result a confidence vote over his leadership on Monday, a Reuters tally showed. Read More

Elon Musk says Twitter’s lack of info on bots breaches $44-billion merger deal

Posted: 06 Jun 2022 11:03 AM PDT

Elon Musk said he believes Twitter Inc. is breaching their merger agreement by not meeting his demands for information about spam and fake accounts, injecting another twist into a takeover saga marked by the billionaire's serial outbursts. The shares fell about five per cent Monday morning in New York. Read More

New York bill targets Amazon’s use of productivity quotas

Posted: 06 Jun 2022 11:03 AM PDT

Associated Press (AP) -- New York lawmakers have passed a bill targeting the use of warehouse productivity quotas in the state, a move aiming to curtail metrics employed by Amazon that has come under more scrutiny in the past few years. Read More

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