Average asking rents declined to 17-month low across Canada at end of year: report
Average asking rents fell nationally to $2,109 in December on a year-over-year basis, marking a 17-month low, according to a new report.
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Average asking rents fell nationally to $2,109 in December on a year-over-year basis, marking a 17-month low, according to a new report.
BlackRock Inc. is exiting one of the world’s biggest climate finance groups for investors after being targeted by Republican politicians for its efforts on global warming.
The wildfires sweeping through Los Angeles are unlikely to trigger significant losses in catastrophe bonds designed to capture such risks.
President Joe Biden has spent his final weeks in office looking to Trump-proof some of his biggest policy priorities, from environmental protections to Ukraine support and manufacturing subsidies. The incoming president isn’t amused.
A handful of companies have held back on selling high-grade corporate bonds in the US after yields have climbed in the last week close to their highest levels since the middle of last year, boosting potential borrowing costs.
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Federal Reserve Bank of Kansas City President Jeff Schmid said he favors slowing the pace of interest-rate cuts, though only after a persistent change in incoming economic data.
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Southwest Airlines Co.’s top finance executive plans to step down after more than 33 years with the carrier, extending a leadership overhaul in the wake of an activist campaign by shareholder Elliott Investment Management.
The recent rise in long-term interest rates reflects higher risk premiums as opposed to concerns about inflation, Federal Reserve Bank of Richmond President Thomas Barkin said.
Then-Bank of England Governor Mark Carney advocated lowering interest rates to near zero to counter the economic shock of Brexit before relenting to maintain consensus among policymakers, according to newly released transcripts.
Brazil’s retailers are already reeling from foreign competition, high interest rates and stubborn inflation. Now a dramatic slump in the currency is threatening their profits.
Ubisoft Entertainment SA hired advisers to review “transformational” strategic options as the French video game company grapples with disappointing sales and game delays.
Hungarian energy provider Alteo Nyrt. plans to expand into Slovakia, Croatia and Serbia as it seeks to massively scale up its renewable portfolio.
Mudrick Capital Management’s flagship distressed opportunity fund gained a net 31.7% in 2024, according to a person with knowledge of the returns.
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