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Showing posts from November, 2021

Wall St sinks as taper acceleration worries pile onto virus angst

Wall Street's main indexes fell more than 1% on Tuesday after Federal Reserve Chair Jerome Powell signaled that the U.S. central bank would consider speeding up its withdrawal of bond purchases as inflation risks increase, piling pressure onto a market already nervous about the latest COVID-19 variant. Read More from Financial Post https://ift.tt/31dUDqg

Emergia Inc. Announces Second Closing of its Private Placement of Convertible Debentures and the Filing of its Q3-2021 Interim Financial Statements and Related MD&A

MONTREAL, Nov. 30, 2021 (GLOBE NEWSWIRE) -- (CSE: EMER) Emergia Inc. (the “ Corporation or “ Emergia ”) is pleased to announce that it has completed the second closing of a private placement of up to $5,000,000 of convertible debentures (the “ Debentures ”). This first closing was completed for an amount of $2,000,000 and the second closing for an amount of $1,000,000 for a total amount of $3,000,000 under this private placement. Read More from Financial Post https://ift.tt/3roQv1O

WHO warns against blanket travel bans over Omicron coronavirus variant

GENEVA -- Countries should apply "an evidence-informed and risk-based approach" with any travel measures related to the Omicron variant of the coronavirus, including possible screening or quarantine of international passengers, but blanket bans do not prevent its spread, the World Health Organization (WHO) said on Tuesday. Read More from Financial Post https://ift.tt/3d7mVFu

Crown enters Downtown Ottawa with acquisition/management of 1.2M SF Place de Ville Complex

TORONTO, Nov. 30, 2021 (GLOBE NEWSWIRE) -- Crown Realty Partners (“Crown”), on behalf of Vestcor Inc. (“Vestcor”), is pleased to announce the acquisition of Place de Ville (the “Property”) on a 50/50 basis with Crestpoint Real Estate Management Ltd. (“Crestpoint”). Place de Ville is a major office complex spanning two city blocks located in downtown Ottawa, Ontario. Crown will also act as property manager on behalf of the co-owners. Read More from Financial Post https://ift.tt/3xFG0bn

Avante Logixx Inc. Announces Adjusted EBITDA of $0.6 Million (or $0.03 Per Share) for Its Second Quarter Ended September 30, 2021 on Revenues of $22.6 Million

TORONTO, Nov. 29, 2021 (GLOBE NEWSWIRE) -- Avante Logixx Inc. (TSX.V: XX) (OTC: ALXXF) (“Avante” or the “Company”) released financial results for its second fiscal quarter ended September 30, 2021 (all amounts in thousands of Canadian dollars, unless otherwise indicated). Read More from Financial Post https://ift.tt/3o26qRA

U.S. Treasury expects rental aid to reach $25-30 billion by year-end

WASHINGTON -- State and local governments distributed more than $2.8 billion in emergency rental assistance funds to more than 521,000 renters in October, the U.S. Treasury Department said on Monday, forecasting that $25 billion to $30 billion in such funds would be spent or obligated by the end of the year. Read More from Financial Post https://ift.tt/3d1unCb

CE Brands Announces Rescheduled Second Quarter 2022 Shareholder Update Call

CALGARY, Alberta, Nov. 29, 2021 (GLOBE NEWSWIRE) -- CE Brands Inc. (TSXV: CEBI; CEBI.WT) ( “CE Brands”, “we”, “our”, or the “Company” ), a data-driven consumer-electronics company, announces the rescheduling of its investor conference call originally scheduled for 9:00am PST (12:00 pm EDT) today, due to an unexpected scheduling conflict. Read More from Financial Post https://ift.tt/2ZBxYDZ

CARFAX Canada Marks 1st “Transparency Week”

LONDON, Ontario -- Canadian drivers overwhelmingly agree: They want to know a used car’s full history before they buy. In fact, CARFAX Canada data shows that 88% of drivers say they want that information before they’ll make a purchase. That’s why CARFAX Canada, the provider of the country’s most trusted and comprehensive vehicle history report, is celebrating “Transparency Week” kicking off November 29, 2021. The purpose of this week is to celebrate and strengthen trust and transparency in the used vehicle industry. To mark the occasion, CARFAX Canada is sharing research and educating Canadians on how best to protect themselves when buying used. Read More from Financial Post https://ift.tt/3p4or0Q

Nabis Holdings Inc. Noteholders Approve Plan of Arrangement for the Repurchase and De-Listing of Notes

VANCOUVER, British Columbia, Nov. 29, 2021 (GLOBE NEWSWIRE) -- Nabis Holdings Inc. (CSE: NAB) (OTC: NABIF) (FRA: A2PL) (“ Nabis ” or the “ C omp a n y ”) announces that, at the extraordinary meeting (the “ Noteholders’ Meeting ”) of the holders (the “ Noteholders ”) of $23,000,000 principal amount of 5.3% senior unsecured notes due January 25, 2023 (the “ Notes ”), 100% of votes cast were voted in favour of the previously announced repurchase of all of the Notes by way of plan of arrangement pursuant to the British Columbia Business Corporations Act (the “ BCBCA ”) (the “ Plan of Arrangement ”) and delisting the Notes from the Canadian Securities Exchange. Read More from Financial Post https://ift.tt/316O3SW

UK, Germany and Italy detect Omicron variant cases, Israel closes borders

LONDON/BERLIN/AMSTERDAM -- Britain, Germany and Italy detected cases of the new Omicron coronavirus variant on Saturday and British Prime Minister Boris Johnson announced new steps to contain the virus, while more nations imposed restrictions on travel from southern Africa. Read More from Financial Post https://ift.tt/3nXe2EI

Omicron coronavirus variant detected in UK and Germany, concern triggers more travel curbs

LONDON/BERLIN -- Britain and Germany each detected two cases of the new Omicron coronavirus variant on Saturday and British Prime Minister Boris Johnson announced new steps to contain the virus, while more nations imposed restrictions on travel from southern Africa. Read More from Financial Post https://ift.tt/32u651y

Pfizer/BioNTech expect data on shot’s protection against new COVID-19 variant soon

FRANKFURT -- BioNTech SE said on Friday it expects more data on a worrying new coronavirus variant https://ift.tt/3nTZOob detected in South Africa within two weeks to help determine whether its vaccine produced with partner Pfizer Inc would have to be reworked. Read More from Financial Post https://ift.tt/3ra9b55

CNL Launches Program to Accelerate the Development of Targeted Radiopharmaceuticals in Canada

CHALK RIVER, Ontario, Nov. 25, 2021 (GLOBE NEWSWIRE) -- Canadian Nuclear Laboratories (CNL), Canada’s premier nuclear science and technology organization, is pleased to announce that it has issued a call for proposals for a new ‘health stream’ within its Canadian Nuclear Research Initiative (CNRI). The new program is designed to accelerate the development of targeted radiopharmaceuticals in Canada through collaborative research projects related to health sciences, radiobiology and medical isotope development, by providing access to the world-class laboratories and research capabilities at the Chalk River Laboratories campus. Read More from Financial Post https://ift.tt/3DSJPMx

Canada Carbon Appoints New CEO

MISSISSAUGA, Ontario, Nov. 25, 2021 (GLOBE NEWSWIRE) -- Canada Carbon Inc. (“the Company” or “Canada Carbon” or “CCB”) (TSX-V:CCB), (FF:U7N1), is pleased to announce the appointment of Ellerton J. Castor as Chief Executive Officer (“CEO”) effective December 1, 2021. Also on that date, Mr. Castor will be added to the Board of Directors of Canada Carbon. Read More from Financial Post https://ift.tt/3raCowY

Songwriter Gail Taylor Releases Final Song in Country Music Series One Month Before her 66th Birthday – “The Game of Life”

EDMONTON, Alberta, Nov. 25, 2021 (GLOBE NEWSWIRE) -- Gail Taylor, at age 65 reinvents herself from finance to music as an indie songwriter and producer from Alberta, Canada. We are excited to announce the release of the fifth and final song in a Five-Single-Country-Music-Series being released on December 1 st , 2021. The inspirational, feel-good tune is called “The Game of Life” and is about her personal life experience and music journey. Read More from Financial Post https://ift.tt/3DV4JL5

CN’s New Indigenous Advisory Council Holds Inaugural Meeting and Announces Members

MONTREAL, Nov. 24, 2021 (GLOBE NEWSWIRE) -- The co-chairs of CN’s (TSX: CNR) (NYSE: CNI) new Indigenous Advisory Council (“IAC”), Ms. Roberta Louise Jamieson, OC, Kanyen'kehà:ka, and the Hon. Murray Sinclair, C.C., M.S.M., Mizhana Geezhik, today announced the successful conclusion of their first meeting and its membership. The Council comprises accomplished and respected representatives of Canada’s First Nations, Inuit and Métis communities who will provide advice to CN’s Board and to the company’s President and Chief Executive Officer on issues that are relevant to CN’s relationship with the more than 200 Indigenous communities in which CN operates in Canada. Read More from Financial Post https://ift.tt/3xmlnkc

The first real-life Squid Game: Is Rich Bulls Club NFT the next Bored Apes?

New York, NY, Nov. 24, 2021 (GLOBE NEWSWIRE) -- (via Blockchain Wire ) The Rich Bulls Club is foreseen as a prominent actor in the 2021 crypto sphere. The launch of their NFT collection will be on the 2nd of December 2021 at 9 PM EST on  https://richbullsclub.io . Once their 9999 unique NFTs are sold, they will organize a massive, live-streamed, 4-days real-life Squid Game in which 100 randomly chosen Rich Bulls owners will compete to win one million dollars. Read More from Financial Post https://ift.tt/3cNxcqu

China so far non-committal to Washington’s oil release, OPEC+ unmoved

BEIJING/LONDON/MOSCOW/WASHINGTON -- China, the world's largest crude importer, was non-committal about its intentions to release oil from its reserves as requested by the United States, while OPEC producers were not considering changing tactics in light of the U.S. action, according to three sources in the group. Read More from Financial Post https://ift.tt/30Viwmv

Fact-Finding Report Implicates High-Level Iranian Officials in Downing of Flight PS752

TORONTO, Nov. 24, 2021 (GLOBE NEWSWIRE) -- Today the Association of Families of Flight PS752 Victims (the Association) released their fact-finding report on the downing of Flight PS752 that took the lives of 176 innocent civilians and an unborn child. The report’s findings, including unpublished primary evidence, expose Iran’s deceptive and systematic attempts to cover up the actions of the high-level officials responsible for the downing. Read More from Financial Post https://ift.tt/3oWAcq6

Chalice Brands Ltd. Announces Closing of Private Placement for Gross Proceeds of C$5.7 Million

PORTLAND, Ore., Nov. 23, 2021 (GLOBE NEWSWIRE) -- Chalice Brands Ltd. (CSE: CHAL) (OTCQB: CHALF) (“ Chalice ” or the “ Company ”), a premier consumer-driven cannabis company specializing in retail, production, processing, wholesale, and distribution, today announced that it has closed its previously announced brokered private placement of unsecured convertible debenture units and equity units (the " Offering ") led by Canaccord Genuity Corp. (" Canaccord Genuity " or the " Agent ") as sole agent and bookrunner. Read More from Financial Post https://ift.tt/3CQ5vHY

Proactive news headlines including Coinsilium, EverGen Infrastructure, Clean Seed Capital, Western Magnesium, Audacious, Empower Clinics and NEO Battery Materials

New York , Nov. 23, 2021 (GLOBE NEWSWIRE) -- Proactive, provider of real-time news and video interviews on growth companies listed in the US and Canada, has covered the following companies: Read More from Financial Post https://ift.tt/3nLaDsM

Cyber Monday Starts This Week at Lenovo.com

RESEARCH TRIANGLE PARK, N.C. -- Lenovo is kicking off Cyber Monday a few days early with its biggest sale yet! Shoppers can expect hourly doorbusters and steep discounts, like up to 77% off some of Lenovo’s best products, including the ThinkPad X1 Carbon, Yoga laptops, accessories and our True wireless earbuds. The sale starts November 27, 2021 exclusively at Lenovo.com . Read More from Financial Post https://ift.tt/3FGw2tg

YOUR QUERIES: MUTUAL FUNDS: Go for gilt funds positioned around the medium-to-long term segment of the yield curve

Corporate bond spreads have narrowed significantly compared to their long-term averages; subsequent widening of spreads could present additional downside risk to investors. Hence, gilt funds also score above corporate bond funds at this juncture. from The Financial Express https://ift.tt/3nH2llr

Aptose to Present at the Piper Sandler 33rd Annual Healthcare Conference

SAN DIEGO and TORONTO, Nov. 22, 2021 (GLOBE NEWSWIRE) -- Aptose Biosciences Inc. (Nasdaq: APTO; TSX: APS), a clinical-stage company developing highly differentiated therapeutics that target the underlying mechanisms of cancer, today announced that the Aptose management team will be participating in the Piper Sandler 33 rd Annual Healthcare Conference, being held virtually. Read More from Financial Post https://ift.tt/2Zg3ffu

WillScot Mobile Mini Acquires Regional Storage Services Assets in Los Angeles

Brad Soultz, Chief Executive Officer, commented, “I am excited to welcome the employees of Portable Storage Corporation to our team at WillScot Mobile Mini. Portable Storage Corporation’s operations expand our presence and capabilities in the greater Los Angeles area. Consistent with our M&A strategy, we look forward to providing our ‘Ready to Work’ value proposition to new customers, and applying our commercial and organizational best practices, while leveraging our scalable technology platform. Thank you to both our new and existing team members who are now working together to integrate our operations in southern California.” Read More from Financial Post https://ift.tt/3CJKrmi

Global Water Resources to Present at the Bank of America 2021 Water Conference on December 6, 2021

Global Water Resources CEO, Ron Fleming, is scheduled to participate in one-on-one meetings with institutional analysts and investors held throughout the day. He will be joined by the company’s SVP and CFO, Mike Liebman, and chief strategy officer, Chris Krygier. Read More from Financial Post https://ift.tt/32qPD2c

Biden gives Fed’s Powell nod to finish pandemic repair

WASHINGTON -- U.S. President Joe Biden on Monday nominated Federal Reserve Chair Jerome Powell for a second four-year term, positioning the former investment banker to continue the most consequential revamp of monetary policy since the 1970s and finish guiding the economy out of the pandemic crisis. Read More from Financial Post https://ift.tt/3HK4aWV

Powell, Brainard nod to inflation threat in nomination remarks

Federal Reserve Chair Jerome Powell and Fed Governor Lael Brainard on Monday both noted the corrosive impact high inflation is having on the U.S. economy and American families in what may be a signal that controlling the rapid pace of price increases is now the central bank's top priority. Read More from Financial Post https://ift.tt/3kZ7l3i

U.S., Turkey agree on terms to end digital services tax, trade retaliation-Treasury

WASHINGTON -- The United States and Turkey have agreed to terms for withdrawal of Turkey's digital services tax that largely targeted highly profitable U.S. technology giants and will transition to a new global taxation agreement in 2023, the Treasury said on Monday. Read More from Financial Post https://ift.tt/3DHEWpR

Hochschild shares plummet on Peru gov’t announcement, dragging down Peru mining sector

LIMA -- Shares of Hochschild Mining collapsed 27% on Monday, after the Peruvian government ruled out https://ift.tt/3cEpkre any operational extensions for its flagship Inmaculada silver mine, dragging down the mining sector in Peru over the perceived uncertainty. Read More from Financial Post https://ift.tt/30SqRr9

It is imperative for entrepreneurs to adapt and act fast: Harsh Mariwala, Chairman of Marico and Founder, Ascent Foundation

A lot of new opportunities have emerged in the new normal. Be it the rise of new industries like the organic goods, vegan food, telehealth, virtual reality, etc., or technology advancements in existing sectors such as healthcare, education, banking. from The Financial Express https://ift.tt/3qTH4al

INTERVIEW: Kerala is trying to report every Covid case, says state’s Health Minister Veena George

Kerala’s Health Minister Veena George says the state’s Covid strategy has always been to “delay the peak", points out that despite the cases, the state’s fatality rate is among the lowest in country, and explains why she has reached out to Centre on booster doses. The session was moderated by Deputy Political Editor Liz Mathew from The Financial Express https://ift.tt/32m91xi