News & Events

Service Benefits:

Canadian businesses from the economic impact of COVID-19:

Prime minister announces support small businesses facing impact:

Financial Post Canada Business News | Financial Updates & Information

  • Samsung affiliates’ shares rise after Lee’s death sparks hopes of shake-up
    by Reuters on October 26, 2020 at 12:47 am

    SEOUL — Shares in Samsung Electronics Co Ltd and affiliates rose on Monday after the death a day earlier of Chairman Lee Kun-hee sparked hopes for restructuring and stake sales, analysts said. Shares in Samsung C&T and Samsung Life Insurance rose as much as 21.2% and 15.7% respectively, while shares in Samsung BioLogics, Samsung SDS

  • UK regulators considering allowing banks to restart paying dividends – The Times
    by Reuters on October 26, 2020 at 12:21 am

    UK regulators are considering plans to allow banks to start paying dividends again next year, The Times newspaper reported on Monday. The Bank of England (BoE) and commercial banks are “bartering” a deal to allow banks to make shareholder payouts as long as their loss-absorbing capital buffers are strong and they continue to extend credit

  • Asia shares make guarded gains, virus breaks new records
    by Reuters on October 26, 2020 at 12:21 am

    SYDNEY — Global shares got off to a cautious start on Monday as surging coronavirus cases in Europe and the United states threaten the economic outlook, even as growth in China provides some support to Asia. The United States has seen its highest ever number of new COVID-19 cases in the past two days, while

  • Dollar firm as virus’ spread and stimulus stalemate spur caution
    by Reuters on October 26, 2020 at 12:19 am

    SINGAPORE — The dollar found support on Monday, as surging coronavirus cases in Europe and the United States and a lack of progress toward a U.S. stimulus package put traders in a cautious mood, although hopes for a Brexit trade deal held sterling steady. Against a basket of currencies, the greenback traded between steady and

  • Oil Drops Toward $39 on Surging Virus and Stimulus Stalemate
    by Bloomberg News on October 26, 2020 at 12:15 am

    (Bloomberg) — Oil extended its slide to a second day on a toxic cocktail of surging coronavirus cases in the U.S. and Europe, dwindling prospects for pre-election stimulus in Washington and a steady resumption of supply from Libya. Futures in New York fell toward $39 a barrel after dropping 1.9% on Friday. The U.S. reported