Stocks, US Futures Rise as China Optimism Grows: Markets Wrap

(Bloomberg) — Stocks advanced with US futures as favorable news reports from China and data from Europe boosted risk appetite. The dollar fell and Treasuries rose. Most Read from Bloomberg The Stoxx Europe 600 Index climbed, with an unexpected slowing of French inflation adding to signs of easing price pressure in the euro area. A … Read more

Copper Mining Grows at Last But Now Smelters Can’t Keep Up

(Bloomberg) — Copper miners are boosting output at last after several years of anemic performance. But it may not be enough to meaningfully lift stockpiles from historically low levels, keeping supplies tight in a market critical to the energy transition. Most Read from Bloomberg The reason is a bottleneck in capacity at the world’s smelters, … Read more

Anger grows in China over tightening lockdowns

A resident collects parcels as an epidemic control worker wearing a protective suit to prevent the spread of COVID-19 looks on outside an apartment complex on November 25, 2022 in Beijing, China. | Photo Credit: Getty Images More cities in China imposed partial lockdowns on Friday as COVID-19 cases soared to the highest since the … Read more

China’s Covid cases hit record as dissent grows over tough restrictions

Beijing CNN  —  China on Thursday reported a record number of daily Covid infections, as a nationwide surge in cases heaps pressure on the country’s increasingly unpopular zero-tolerance approach to the virus. The National Health Commission (NHC) recorded 31,444 locally transmitted cases on Wednesday – surpassing the previous peak of 29,317 recorded April 13 during … Read more

Streaming grows TV-usage lead even as Broadcast marks seasonal growth (NASDAQ:GOOG)

The ongoing fall television season mean that viewing of broadcast TV got another bump, but that didn’t make a real dent in streaming, which gained share as a form of TV usage for the eighth straight month. Total TV viewing rose another 2.2% in October after gaining 2.4% in September – and broadcast viewing gained … Read more

Theft Is On the Rise in UK Stores as Cost-of-Living Crisis Grows

Breadcrumb Trail Links PMN Business The bright yellow security labels and products boxed up in hard-to-conceal packaging on Britain’s supermarket shelves have a story to tell: theft is on the rise along with the soaring cost of living. Author of the article: Bloomberg News Katie Linsell Publishing date: Nov 19, 2022  •  27 minutes ago  •  … Read more

Jackpot for Powerball’s next drawing grows to $1.6 billion

The Powerball jackpot grew to an estimated $1.6 billion Friday morning, officials announced. If the estimated figure holds after Saturday night’s drawing and someone wins the grand prize, it would set a new record for the largest lottery prize ever. A winner has the option to receive the prize as an annuity spread over 29 … Read more

Bombardier Reports Strong Third Quarter 2022 Results with Solid Fundamentals, Grows Liquidity with Secured Revolver Facility, and Continues Accelerated Deleveraging with $100 Million Debt Paydown

This section is Partnership Content supplied The content in this section is supplied by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by GlobeNewswire Breadcrumb Trail Links GlobeNewswire Author of the article: Publishing date: Nov 03, 2022  •  2 minutes ago  •  24 minute read … Read more

Air France-KLM Q3 Corp. Demand ‘Gradually’ Grows

Air France-KLM’s third-quarter corporate traffic was 61 percent recovered compared with the same period in 2019, barely up from the second-quarter level of 60 percent, the company announced Friday. Revenue from corporate customers, however, increased to 76 percent recovered versus 69 percent last quarter. “Corporate travel revenue and traffic continued to grow gradually throughout the … Read more