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Bloomberg Parka maker Canada Goose Holdings Inc struck an upbeat tone for the coming year, with plans to add 10 stores, launch a footwear line and spend more on marketing, all while forecasting record revenue. With no tourism recovery in sight and spending plans putting pressure on margins, investors flinched. The Toronto-based company reported fourth-quarter earnings that beat analysts’ forecasts, ...

Bloomberg Edwin Poots, the newly elected leader of Northern Ireland’s Democratic Unionist Party (DUP), called on his supporters to fight against a Brexit deal that has angered unionists and given fresh impetus to calls for a united Ireland. Poots’s victory over rival Jeffrey Donaldson by 19 votes to 17 comes ahead of an expected summer of heightened tension in Northern ...

Bloomberg Chileans were heading to the polls in an unprecedented election to decide who would write the new constitution following a period of mass unrest, a vote that will shape the future of one of Latin America’s richest nations. Citizens will select the 155 members of the Constitutional Assembly that will draft a new charter over a year. Elections will ...

Bloomberg Kenyan President Uhuru Kenyatta’s ambitions of reshaping the nation’s political system as his final term draws to a close were dealt a body blow by a court ruling that he acted illegally in initiating the reforms. The High Court’s declaration may derail a planned referendum on sweeping proposals championed by Kenyatta and one-time foe and opposition leader Raila Odinga ...

Bloomberg Prime Minister Justin Trudeau’s government has begun preliminary internal discussions about reopening the border with the US, even as Canada remains well behind its neighbor in vaccinations. Senior officials have begun to formally talk about options for how to proceed, three people familiar with the matter said, speaking on the condition they not be identified. One question under consideration ...

Bloomberg For a nation mired in a pandemic for more than a year, the biggest step towards a return to normal came suddenly, even to President Joe Biden. After warning the country to stay vigilant amid the threat of coronavirus variants, the president found himself three days later striking a different tone, celebrating that the US had already reached a ...

Bloomberg The Biden administration is set to announce it’s reached a truce in a dispute with the European Union (EU) over metal tariffs, sparing iconic products from a doubling of EU duties next month, people familiar with the matter said. A resolution could be announced as soon as Monday, said the people. At issue is a high-profile dispute that started ...

Bloomberg US President Joe Biden’s pension bailout might do more than just support troubled retirement plans. It could also spur tens of billions of dollars in demand for corporate bonds with the lowest investment-grade ratings, according to Citigroup Inc. Struggling multi-employer pensions, which are often tied to unions, will be able to apply for special financial assistance, thanks to the ...

Bloomberg Brazil’s economy czar has a candid assessment of his three-year relationship with Jair Bolsonaro: both men trust each other and continue to push for key reforms, although the president’s support for his minister’s pro-market agenda has been waning. Paulo Guedes told Bloomberg News that key proposals to overhaul the country’s tax system and curb public-sector costs will be approved ...

Bloomberg Colombia’s economy grew much faster than expected at the start of the year, with record low interest rates supporting a revival in domestic demand. Gross domestic product (GDP) expanded 2.9% in the first three months of the year from the previous quarter, more than three times the 0.9% median forecast from analysts surveyed by Bloomberg. GDP rises 1.1% from ...