Tuesday, February 18, 2020

 


TSX Health Care Capped Index
(INDEX-TSX: $TTHC) Add to Portfolio
74.35
+4.14 (+5.90%)
as of Feb 14, 2020

HSBC bank said Tuesday it will shed some 35,000 jobs as part of a deep overhaul to focus on faster-growing markets in Asia and better cope with a slew of global uncertainties.  (full story)
 
TOKYO — Nissan shareholders vented their outrage at the Japanese automaker's top management Tuesday for crashing stock prices, zero dividends and quarterly losses after the scandal-ridden departure of former Chairman Carlos Ghosn.  (full story)
 
TOKYO — Nissan shareholders unleashed their anger at the Japanese automaker's management Tuesday for crashing stock prices, zero dividends and quarterly losses after the scandal-ridden departure of former Chairman Carlos Ghosn.  (full story)
 
TORONTO — Home goods retailer Pier 1 Imports Inc. says it has filed for bankruptcy protection in the United States and plans to close all Canadian stores as part of its restructuring process.  (full story)
 
BRUSSELS — No NATO ally should succumb to the temptation of letting Chinese tech giant Huawei into their next-generation cellular networks, U.S. House Speaker Nancy Pelosi said Monday at Allied headquarters, turning U.S. opposition to Huawei into a bipartisan effort.  (full story)
 
BRUSSELS — Several EU member states and the European Parliament have rejected for starkly opposing reasons the latest proposal to find a compromise on the European Union's budget, setting up a major fight at a summit later this week.  (full story)
 
BEIJING — The Chinese territory of Macao will allow casinos to reopen Friday after a 15-day closure imposed to help block the spread of China's virus outbreak.  (full story)
 
LONDON — Europe’s busiest airport suffered the knock-on effects Monday of technical issues that disrupted travel over the weekend.  (full story)
 
BEIJING — Automakers are reopening factories in China that were idled by anti-virus controls as they try to reverse a sales slump in their biggest market.  (full story)
 
BANGKOK — Markets were mixed in Asia on Monday, with Japan's benchmark slipping 0.7% after the government reported the economy contracted 6.3% in annual terms in the last quarter. China's shares got a boost after the central bank stepped in to help the economy with a rate cut, extra buying of  (full story)
 
DETROIT — General Motors decision to pull out of Australia, New Zealand and Thailand as part of a strategy to exit markets that don't produce adequate returns on investments raised dismay Monday from officials concerned over job losses.  (full story)
 
TOKYO — The Japanese economy shrank at an annual pace of 6.3% last quarter as growth was battered by typhoons and crimped consumer spending.  (full story)
 
A German court has temporarily halted the site preparation for Tesla Inc.'s first electric car factory in Europe.  (full story)
 
NEW YORK — The redesigned “Sonic the Hedgehog” showed plenty of teeth at the box office, speeding to a $57 million debut, according to studio estimates Sunday, while “Parasite” saw one of the largest post-Oscars bumps in years following its best picture win.  (full story)
 
CALGARY — In one of his last interactions with reporters before retiring as CEO of Calgary-based Imperial Oil Ltd., veteran oilman Rich Kruger was typically plain-spoken when asked about the carbon footprint of the oilsands.  (full story)
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