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Canada’s stock market faces a rocky road ahead

Bloomberg The wild ride of Canada’s stock market in 2020 shows no signs of abating soon. That’s the message from strategists who are expecting choppy months ahead as investors worry about a second coronavirus wave and plunging corporate profits amid a global recession, trade tensions and US elections. “Now that we’re coming into the summer, it’s going to be more ...

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District 2020 partners with Dubai SME, MBRIF to support start-ups

Dubai / WAM District 2020, the innovation ecosystem and future of Expo 2020 Dubai, signed strategic partnerships with Dubai SME and the Mohammed Bin Rashid Innovation Fund (MBRIF) to support its global entrepreneur programme, Scale2Dubai. In line with Dubai and the UAE’s proactive approach to supporting small and medium enterprises, SMEs, and the important role they play in bolstering the ...

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Oil posts second weekly loss in June as virus cases surge

Bloomberg Oil posted its second weekly loss for the month, as a surge in US coronavirus cases clouds the demand outlook and casts doubts on the market’s recovery. Futures in New York slipped 3.2% this week. The price slump comes just days after oil closed above $40 for the first time since early March, and following a run of weekly ...

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