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Schroders and Canada Life cut ties with Crispen Odey after misconduct allegations
The logo of investment management company Schroders is seen at a branch in Zurich, Swtzerland November 5, 2018. REUTERS/Arnd Wiegmann
Shell to keep oil output steady or slightly higher into 2030 in bid to win over investors, sources say
FILE PHOTO: Wael Sawan, the CEO of Shell, speaks with Daniel Yergin (not pictured), the vice chairman of S&P Global, during the CERAWeek energy conference in Houston, Texas, U.S., March 9, 2023. REUTERS/Callaghan O'Hare/File Photo
Leylah Fernandez, partner Taylor Townsend advance to doubles final at French Open
Canada's Leylah Fernandez (left) and American playing partner Taylor Townsend celebrate as they advance to the women's doubles finals at the French Open tennis tournament at the Roland Garros stadium in Paris, Friday, June 9, 2023. Fernandez and Townsend, seeded 10th at the clay-court Grand Slam tournament, defeated the second-seeded American duo of Jessica Pegula and Coco Gauff 6-0, 6-4 at Roland Garros. THE CANADIAN PRESS/Stephanie Myles
Friday’s analyst upgrades and downgrades
Transat AT Inc. reported a second-quarter loss of $29.2 million compared with a loss of $98.3 million last year as its revenue more than doubled. An Air Transat plane is seen as an Air Canada plane lands at Pierre Elliott Trudeau International Airport in Montreal on Thursday, May 16, 2019. THE CANADIAN PRESS/Ryan Remiorz
Tesla shares jump as GM deal makes its charging network closer to U.S. standard
FILE PHOTO: A Tesla logo is seen at Tesla Shanghai Gigafactory in Shanghai, China January 7, 2019. REUTERS/Aly Song/File Photo
A 12-year-old girl from Ottawa is making history as Canada’s youngest ever university graduate
Anthaea-Grace Patricia Dennis poses for a portrait at the University of Ottawa in Ottawa on Friday, June 2, 2023. The 12-year-old is graduating from the University of Ottawa's biomedical science program, and setting a record in the process. THE CANADIAN PRESS/Sean Kilpatrick
Investors pile into cash, bonds ahead of key interest rate decisions: data
FILE PHOTO: A view shows the logo of the European Central Bank (ECB) outside its headquarters in Frankfurt, Germany March 16, 2023. REUTERS/Heiko Becker
China canvassing public opinion on draft guidelines to tackle online abuse
Cyber crime hacker.Unknown identity of cyber criminal .
‘Bank stock valuations will remain depressed’ says BMO analyst
A combination of pressures including slowing economic growth and rising costs weighed on Canadian banks as they began to report second quarter results Wednesday. The Bay Street Financial District is shown with the Canadian flag in Toronto on Friday, August 5, 2022. THE CANADIAN PRESS/Nathan Denette
Canada sought use of European Union compound in Kabul for fingerprinting
Taliban fighters gather at the Sakhi Shah-e Mardan Shrine in Kabul, Afghanistan, Thursday, June 8, 2023. THE CANADIAN PRESS/AP, Rodrigo Abd
Skip, stop or go? A look at the week ahead in markets
FILE PHOTO: The U.S. Federal Reserve building is pictured in Washington, March 18, 2008. REUTERS/Jason Reed/File Photo
How tragedy connects Pittsburgh and Rhodes, an entire world apart
David Shribman
How the invasion of Ukraine is repainting the map of the Balkans
Doug Saunders
Two U.S. lawyers blame ChatGPT for tricking them into citing bogus case law
FILE PHOTO: The logo of OpenAI is displayed near a response by its AI chatbot ChatGPT on its website, in this illustration picture taken February 9, 2023. REUTERS/Florence Lo/Illustration/File Photo
Crypto exchange Binance.US to halt dollar deposits after SEC crackdown
FILE PHOTO: The logo of Binance US is seen at a stand during the Bitcoin Conference 2022 in Miami Beach, Florida, U.S. April 6, 2022. REUTERS/Marco Bello/File Photo
Tokyo Stock Exchange to start carbon credits trading around October
A person walks near the sign of the Tokyo Stock Exchange Thursday, April 27, 2023, in Tokyo. Asian stock markets were mixed Friday after Wall Street sank on worries about the health of U.S. banks that are under pressure from interest rate hikes. (AP Photo/Eugene Hoshiko)
Morning Update: Inside Canada’s broken freedom of information system: ‘An affront to democracy’
Inside OPEC+, Saudi ‘lollipop’ oil cut was a surprise too
FILE - The logo of the Organization of the Petroleoum Exporting Countries (OPEC) is seen outside of OPEC's headquarters in Vienna, Austria, on March 3, 2022. Leading oil-producing countries led by Saudi Arabia and Russia are wrestling with whether to make another cut in crude supplies to the global economy as the OPEC+ alliance struggles to prop up sagging oil prices that have been a boon to U.S. drivers and helped ease inflation worldwide. The group is meeting Sunday, June 4, 2023 at OPEC headquarters in Vienna after sending mixed signals about possible moves. (AP Photo/Lisa Leutner, File)
The class of 2023 feels unprepared, but their skills are in demand, study shows
The rising cost of living has ramped up pressure on parents, who say it’s tougher than ever to save for their children’s post-secondary education, a new survey found. Graduates are silhouetted as they line up for a convocation ceremony at Simon Fraser University, in Burnaby, B.C., on Friday, May 6, 2022. THE CANADIAN PRESS/Darryl Dyck
Five tips to make sure your pet is ready for that summer road trip
Laura Nativo's dogs outside her customized Mercedes Sprinter van. Nativo is a certified professional dog trainer and founder of the Preston’s Planet Foundation, a non-profit that rescues and trains animals.
Secret Canada: The information laws governments keep breaking
Podcast
Podcast logo for The Decibel, the daily show from The Globe and Mail.
On her 100th birthday, artist Françoise Sullivan still has work to do
99-year-old artist Françoise Sullivan in front of her artwork at Galerie de l'UQAM in Montreal on May 10, 2023.
Immigration: End the bait and switch. Keep Canada’s promise to migrants of a better life
David Walmsley: The Globe’s Secret Canada project aims to make governments more transparent
Wildfires, smoke having ‘huge impact’ on some tourism operators across Canada
Downtown Ottawa is seen blanketed in smoke from wildfires on Monday, June 5, 2023. Raging wildfires and smoky skies across much of Canada have put a damper on travel and tourism plans this summer resulting in cancelled plans and closed businesses. THE CANADIAN PRESS/Spencer Colby
Inside Canada’s broken freedom-of-information system: ‘An affront to democracy’
Oil posts second weekly decline as demand concerns overshadow Saudi cut
MIDLAND, TEXAS - MARCH 11: An oil pumpjack works in the Permian Basin oil field on March 11, 2022 in Midland, Texas. United States President Joe Biden imposed a ban on Russian oil, the world’s third-largest oil producer, which may mean that oil producers in the Permian Basin will need to pump more oil to meet demand. The Permian Basin is the largest petroleum-producing basin in the United States. (Photo by Joe Raedle/Getty Images)
Brookfield beefs up payments business with US$2.76-billion Network International buyout
People walk to Brookfield Place off Bay Street on the day of the annual general meeting for Brookfield Asset Management shareholders in Toronto, May 7, 2014. REUTERS/Mark Blinch
Cookbook author Camilla Wynne’s reunion tour with her indie band looks (and tastes) a bit different
After more than a decade off the road -- and two cookbooks -- touring with an indie band looks (and tastes) a little different with Camilla Wynne
Why is the PGA merging with LIV? Because a monopoly is a very profitable business model
Tony Keller
Private debt fund run by Ninepoint and Third Eye limits investor redemptions
A combination of pressures including slowing economic growth and rising costs weighed on Canadian banks as they began to report second quarter results Wednesday. The Bay Street Financial District is shown with the Canadian flag in Toronto on Friday, August 5, 2022. THE CANADIAN PRESS/Nathan Denette
The close: TSX moves lower; S&P is in a bull market
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., March 14, 2023. REUTERS/Brendan McDermid
What every Canadian investor needs to know today
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., June 5, 2023. REUTERS/Brendan McDermid
Predicting copper shortage, major cable supplier urges increased recycling
Jerome Leroy, vice president for North America for electrical cable supplier Nexans Canada Inc., is photographed on June 8, 2023. The cables of wiring are for residential applications.
How this money manager is preparing for the potential for more interest rate hikes
Illustration of Geoff Heward for The Mover. June 9/10, 2023. Illustration by Joel Kimmel
‘Two-per-cent inflation is a noble goal, but not if we have to smother everyone’s livelihoods to get there.’ Rate hikes in real life, plus other letters to the editor for June 9
The Bank of Canada wording on a Canadian $50 bill is pictured in Ottawa on Wednesday, Jan. 11, 2023. The Bank of Canada raised its key interest rate target by a quarter of a percentage point to 4.75 per cent on Wednesday, the first raise since announcing a pause in January. THE CANADIAN PRESS/Sean Kilpatrick
The Globe and Mail Bestsellers for the week of June 10, 2023
Books on the shelves
Car loans are eating up a growing chunk of Canadians’ monthly budgets
A long row of unsold cars at a dealership in Highlands Ranch, Colo., on June 7, 2020. A non-profit organization says in a report that in 2022, the Canadian insurance industry lost more than a billion dollars for the first time on vehicle theft claims. THE CANADIAN PRESS/AP, David Zalubowski
Vegas unable to capitalize on Florida’s mistakes in Game 3 of Stanley Cup Final
SUNRISE, FLORIDA - JUNE 08: Brett Howden #21 of the Vegas Golden Knights reacts after Carter Verhaeghe (not pictured) of the Florida Panthers scores the game-winning goal during the first overtime period in Game Three of the 2023 NHL Stanley Cup Final at FLA Live Arena on June 08, 2023 in Sunrise, Florida. (Photo by Bruce Bennett/Getty Images)
Tkachuk returns from big hit in Stanley Cup Final, adds more playoff heroics
Jun 8, 2023; Sunrise, Florida, USA; (Editors Notes: Caption Correction) Florida Panthers left wing Matthew Tkachuk (19) celebrates the game winning goal scored by defenseman Brandon Montour (not pictured) against the Vegas Golden Knights ) during overtime in game three of the 2023 Stanley Cup Final at FLA Live Arena. Mandatory Credit: Jasen Vinlove-USA TODAY Sports
Credit Suisse puts up China brokerage venture for sale
FILE PHOTO: A pedestrian walks past a logo of Credit Suisse outside its office building in Hong Kong, China March 21, 2023. REUTERS/Lam Yik/
Lions down Stampeders 25-15 to open 2023 CFL season
B.C. Lions wide receiver Dominique Rhymes, left, runs the ball as Calgary Stampeders defensive linemen Isaac Adeyemi-Berglund chases him during first half CFL football action in Calgary, Thursday, June 8, 2023.THE CANADIAN PRESS/Jeff McIntosh
Your daily horoscope: June 9
Gemini.
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