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Oil prices rebound in post-Brexit bargain hunting
The vote result sent global stocks and currencies spiralling down, though oil price losses were relatively limited due to expectations of strong summer demand in Asia and the United States, as well as tightening supplies after a two-year rout.
Fairfax Financial to buy 80% of Indonesia's AMAG: source
Canada's Fairfax Financial Holdings Ltd has agreed to buy 80 per cent of PT Asuransi Multi Artha Guna Tbk (AMAG) for about $165-million, a person familiar with the matter told Reuters, sending shares of the Indonesian insurer to a record high.
Magna shares slump as UK expansion comes amid Brexit fallout
The shares currently trade at 6.4 times 12-month forward earnings based on Bloomberg estimates, compared with the 9.3 times average in the Bloomberg Intelligence Global Auto Parts Valuation Peers Index, the data show. While Magna also has a big ...
Valeant stock hit hard by currency concerns in wake of Brexit
Valeant Pharmaceuticals International Inc.'s U.S. shares slipped below $20 Monday as investor worries about the future of the heavily indebted drugmaker continued to mount in the wake of Britain's historic vote to exit the European Union.
Oil prices steady after Brexit vote, but refined products glut looms
Oil prices steadied on Monday as market participants better absorbed the shock of last week's vote in Great Britain to leave the European Union and as analysts said Brexit would have a limited impact on global fuel demand. Brent crude futures were up ...
Irish, French officials look to woo financial firms away from London
Of course, there will be negative consequences for the European economy, but they will be much more limited than the negative consequences all experts forecast for the U.K.
This could finally be the year Eric Lindros gets a Hall of Fame call
The weakest first-time eligible group in decades has left the doors open to the Hockey Hall of Fame for several players who have been awaiting the call.
Pound's record loss seen as just the beginning with Britain in turmoil
The chance of a Brexit has dominated pound trading in 2016, and sterling was the most visible casualty as Britain's decision to quit the EU rippled through global markets on Friday. While a weaker currency may boost domestic exporters, it could ...
No summer slowdown in Toronto's heated real estate market
“I think it's going to be busy all through the summer,” Patrick Rocca of Bosley Real Estate Ltd., says. Mr. Rocca says activity is cooling a little as the end of the school year ... Globe Real Estate's “home of the week” at 835 Royal York Rd. just ...
Brexit tramples US-UK relationship. Germany or France could be next 'BFF'
On a worldwide basis, it will play a similar role as Australia, New Zealand or Canada, also strong U.S. allies but with limited operational capacities. The redefinition of the international order under a different and more collaborative arrangement ...