Sea Limited (NYSE: SE) Q2 2020 Results Earnings Call Highlights Forrest Li, Chairman and Group CEO “…I am pleased to share that Sea is reporting very strong results for the second […]
* Launching of the Calgary Innovation Center marks a major milestone toward delivering commercial products with in-house design, testing and assembly * Test equipment will facilitate small and large prototypes for operating applications in relevant environments to enhance electric motors * The Calgary facility will become the new company headquarters and support new research and development projects with global impactCALGARY, AB, Oct. 20, 2020 /CNW/ – Exro Technologies Inc. …read more […]
ViacomCBS has restructured its streaming operations with a global lens: Tom Ryan, currently CEO of Pluto TV, will assume the role of president and CEO of the newly created ViacomCBS Streaming, overseeing CBS All Access, which will relaunch as Paramount Plus in early 2021, as well as Pluto TV. Marc DeBevoise will step down from […] …read more […]
The Department of Justice is expected to file an antitrust lawsuit against Google today following more than a year of overlapping investigations into the tech giant. …read more […]
CALGARY, AB, Oct. 20, 2020 /CNW/ – Canadian Pacific Railway Limited (TSX: CP) (NYSE: CP) today announced third-quarter revenues of $1. …read more […]
CALGARY, AB, Oct. 20, 2020 /CNW/ – Sundial Growers Inc. …read more […]
P&G’s latest earnings underscore the ongoing impact of the COVID-19 pandemic. …read more […]
Bitcoin is on the rise toward $12,000, but may face a stiff challenge to cross the price hurdle. …read more […]
Overall net sales in the unit which houses brands like Mr Clean and Tide rose 14% in the first quarter, as consumers stocked up on anything they could get their hands on to clean their homes and potentially slow the spread of the virus. The company said “personal cleansing” grew 30% with double digit sales in every region, while its Home Care organic sales were up more than 30%. The outlook raise followed that of rival Reckitt Benckiser, on a jump in demand for its Lysol and Dettol cleaning products. …read more […]
The oil giant distances itself from the President’s “hypothetical” funds-for-contracts claim. …read more […]
Earlier this month, I gave a short speech at AmpFest 2020 in Miami about fragility and resiliency in the food system. They wanted to know how we got where we are… and how we get out of it.
We all saw empty supermarket shelves in the spring. We all heard John Tyson say, “The food system is broken.” And we all saw millions of pigs, chickens, tomatoes and fruit wasted when mega-processing facilities struggled to stay open.
As it was a short speech, I’d like to share my remarks with you today on how we fix the mess we’re in.
Big Flaws
COVID-19 exposed …read more […]
U.S. Senate Republicans are preparing to bring up legislation on Tuesday to replenish a program that helps small businesses slammed by the coronavirus, as House Speaker Nancy Pelosi and Treasury Secretary Steve Mnuchin discuss a larger stimulus package. Pelosi and Mnuchin, who have been negotiating intermittently since August on a fresh coronavirus aid plan, plan to speak again on Tuesday after they “continued to narrow their differences” in a nearly hour-long call Monday, Pelosi’s spokesman, Drew Hammill, wrote on Twitter. Pelosi, the top elected U.S. Democrat, has set the end of the day Tuesday as a deadline for …read more […]
Top news and what to watch in the markets on Tuesday, October 20, 2020. …read more […]
(Bloomberg) — BlackRock Inc. says that the scale of restructuring needs globally could exceed the previous peak that followed the 2008 global financial crisis.“One big reason is the significant growth in sub-investment grade debt,” the company’s research arm, BlackRock Investment Institute, said in a note dated Oct. 19. The amount of outstanding debt with ratings below investment grade, including loans and private credit, has more than doubled to $5.3 trillion since 2007, according to the asset manager.As the overall cost of borrowing fell, companies loaded up on debt. This has left many vulnerable as their revenues came under pressure from …read more […]
(Bloomberg) — Sweden has banned Huawei Technologies Co. and ZTE Corp. from gaining access to its fifth-generation wireless network, adding to the increasing number of European governments forcing local telecom companies to shift away from Chinese suppliers.The Swedish Post and Telecom Authority said in a statement Tuesday that the “influence of China’s one-party state over the country’s private sector brings with it strong incentives for privately owned companies to act in accordance with state goals and the communist party’s national strategies.”It went on to say that the two Chinese technology giants must be blocked from existing infrastructure by January 2025.The …read more […]
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