News for nerds
Borrowing costs for UK companies have soared since the British government’s mini-budget last week spooked markets, with data showing sterling corporate bonds suffering their biggest monthly selloff since at least …
UK companies face biggest monthly surge in borrowing costs for decades Read More
The Bank of Canada on Wednesday said it would begin publishing a summary of its monetary policy deliberations starting next year, accepting a key recommendation from a transparency review by …
Bank of Canada to start releasing rate decision summaries next year Read More
Lions Gate Entertainment Corp (LGFa.N) said on Wednesday it was focusing on spinning off its studio business first, even as it explores alternative options for its cable and streaming division, …
Lions Gate focusing on spinning off studio business over Starz Read More
Apple Inc (AAPL.O) shares fell more than 4% on Wednesday after a report that the tech giant was ditching its plans to boost production of the latest iPhone fueled demand …
Apple falls on fears of slowing iPhone 14 demand Read More
Canadian cinema chain Cineplex (CGX.TO) has approached bankrupt rival Cineworld’s (CINE.L) lenders for a potential merger with the British company’s U.S. unit Regal Entertainment, the Wall Street Journal reported on …
Cineplex makes approach for Cineworld’s U.S. franchise Read More
Contracts to buy U.S. previously owned homes fell for a third straight month in August, weighed down by soaring mortgage rates and high house prices, which are eroding affordability. The …
U.S. pending home sales post third straight monthly decline in August Read More
Nasdaq Inc (NDAQ.O) said on Wednesday it was reorganizing its business into three divisions to focus on major growth areas as competition among trading exchanges was intensifying. It said Market …
Nasdaq divides business into three units to streamline operations Read More