Futures for Canada’s main stock index gained on Friday tracking a rise in crude oil and gold prices, while gains were capped as investors took a breather after Thursday’s rally on upbeat domestic quarterly results.
World Trade Organization (WTO) negotiators released new draft deals on Friday showing that all-night talks in Abu Dhabi had failed to produce a breakthrough on key issues, leading to a third extension for the delegates to reach an agreement.
New York Community Bancorp shares fell 30% before the bell on Friday after it found “material weaknesses” in internal controls related to its loan review, adding worries to investors already fretting over its commercial real estate (CRE)exposure.
Uniper is opposed to being bought by a rival as part of Berlin’s efforts to sell down its 99% stake in the German energy trader, which was bailed out at the height of Europe’s energy crisis, its chief executive said.
Brazil ended 2023 with an economic growth of 2.9%, official data showed on Friday, way above what economists expected for most of last year but maintaining in the fourth quarter a slowing trend that should cripple its expansion in 2024.
Global factories struggled to claw their way out of decline in February, with European powerhouse Germany squeezed by a steeper fall in demand while an uneven recovery in China overshadowed some signs of improvement in Asia.
Grain trader Archer-Daniels-Midland said on Friday it was expecting to report material weakness in the internal control over financial reporting in its annual report, which it aims to file by March 15.
Dell Technologies shares surged more than 20% on Friday after the tech equipment maker provided an annual forecast that was largely ahead of Wall Street expectations and reinforced rising demand for AI-related gear.
A number of government agencies in the European Union and elsewhere have voiced concerns about security risks as Apple opens up its iPhones and iPads to rival app stores to comply with EU tech rules, Apple said on Friday.
The British government’s decision to block retailer Marks & Spencer from rebuilding its flagship store in Marble Arch in central London was unlawful, the High Court ruled on Friday.
