April, 2019

• 22 April

  Canada exporters still struggling despite rising oil

  

  Bloomberg Canada recorded smaller trade deficits than expected in the first two months of 2019 on a rally in oil prices, but figures show the nation’s exporters are still struggling. The nation posted a smaller-than-expected C$2.9 billion ($2.2 billion) deficit in February, and Statistics Canada revised down its initial deficit forecast for January by C$1 billion. Yet, the improved trade ...

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• 22 April

  Lyft stumbles 19 pct since debut last month

  

  Bloomberg The first few weeks of trading in Lyft Inc.’s stock have not gone well, and that’s unlikely to change any time soon. Lyft’s share price has dropped nearly 19 percent since debuting late last month, prompting some investors to sue the company, alleging the ride-sharing service provider overstated its market position when it went public. Questions about growth and ...

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• 22 April

  Small US cities offer an edge for tech job seekers

  

  Bloomberg The San Francisco Bay Area and Boston are likely at the top of the list of US regions to work for tech job seekers. But for techies interested in building the next generation of autonomous cars or supersonic jets, smaller cities may offer better opportunities. Job-seekers have good reason to search outside the top tech hubs because smaller centers ...

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• 22 April

  Terrorist group behind blasts that killed 290, says Sri Lanka

  

  Bloomberg Sri Lanka’s government has blamed local extremist group National Thowheed Jamath (NTJ) for one of Asia’s deadliest terrorist attacks in years, and said other nations had shared intelligence warnings ahead of the blasts. The death toll rose to 290 in the coordinated blasts on Easter Sunday at churches and luxury hotels, which the government said were carried out by ...

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• 22 April

  Magnitude 6.3 quake hits Philippines, 8 die

  

  Bloomberg The Philippines was struck by a 6.3 magnitude earthquake on Monday afternoon that shook buildings in the capital and prompted the evacuation of thousands onto the streets of Manila. At least eight people have died, according to local media. The quake occurred 1 kilometre from Gutad, located to the northwest of Manila, according to the US Geological Survey. The ...

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• 22 April

  Putin offers no warm words as Russia mulls new Ukrainian president

  

  Bloomberg Russian President Vladimir Putin gave a frosty response to comic Volodymyr Zelenskiy’s landslide election as Ukraine’s new president, with the Kremlin saying it was “premature” to offer congratulations on his victory. “Moscow respects the choice of the Ukrainian people, especially since this choice is very obvious,” though it’s too soon to consider possibilities for Putin and Zelenskiy to work ...

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• 22 April

  Presidential vote in North Macedonia heads to runoff

  

  Bloomberg A government-backed candidate scored a razor-edge victory in the first round of North Macedonia’s presidential election and will advance to a runoff against an opposition figure who opposes the deal that opened the way to western integration. Stevo Pendarovski, the coordinator for the country’s accession talks to NATO, won 42.8 percent in the vote, according to the Electoral Commission, ...

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• 22 April

  Trump can’t escape Mueller as Democrats ponder impeachment

  

  Bloomberg Donald Trump returned from a long Easter weekend in Florida to a new political landscape, one where his administration is at last freed from Robert Mueller’s pursuit yet laid bare in all its dysfunction by the special counsel’s report. Trump arrived to his Mar-a-Lago resort with the swagger of a conquering hero, after Mueller reiterated that he had found ...

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• 22 April

  Mueller report is showing US system hasn’t buckled

  

  President Donald Trump’s conduct in office has been diminishing the moral capital of the United States for more than two years. The report by special counsel Robert Mueller puts a little of that capital back in the bank. Mueller’s 448-page account is an affirmation that the rule of law still exists in America, despite Trump’s rants and rages against his ...

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• 22 April

  BofA forced to grind on Fed pause

  

  Bank of America Corp. (BofA) didn’t sugarcoat the path forward for investors when describing its first-quarter results. Yes, the bank generated a record profit, thanks to net interest income (NII) at its consumer unit. But Chief Executive Officer Brian Moynihan and Chief Financial Officer Paul Donofrio didn’t hide the fact that the pace of growth in NII was bound to ...

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