You'll be surprised to learn that Dubai has these ten things...Hedge funds ditched energy stocks last week for the first time in three weeks, despite a rally in oil prices triggered by the prospect of a widening supply deficit, Goldman Sachs said in a report. The move, according to the bank's prime brokerage unit, was mainly led by short sales, meaning that hedge funds were speculating on a decline in energy stocks' prices.
counterpart on Monday as investors grew more optimistic about the global economy and ahead of inflation data that could sway the Bank of Canada's interest rate outlook. The loonie was trading 0.3% higher at 1.3488 to the greenback, or 74.14 U.S. cents, after touching its strongest level since Aug. 15, at 1.3472. "The Canadian dollar is reflecting global growth optimism at the moment," said Adam Button, chief currency analyst at ForexLive.
Source: News Formal (newsformal.com)
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Microsoft says product chief Panay to step down; Davuluri to lead WindowsMicrosoft has made big bets on generative AI, integrating the technology into a wide array of its products, including cloud, search and productivity software and services such as its Office suite. The rejigging of teams comes as Panay steps down after nearly 20 years with the Redmond, Washington-based company, where he helmed the creation of the Surface line of computers and more recently oversaw the launch of the Windows 11 operating system.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Microsoft says product chief Panay to step down; Davuluri to lead Windows(Reuters) - Microsoft's Pavan Davuluri will lead a team focused on Windows software, devices portfolio and semiconductor chips, the company said on ...
Source: SaltWire Network - 🏆 45. / 63 Read more »
Amazon set to hire departing Microsoft product chief Panay(Reuters) - Amazon is set to hire Microsoft's departing product chief Panos Panay, Bloomberg News reported on Monday, citing sources familiar with the ...
Source: SaltWire Network - 🏆 45. / 63 Read more »
Google vs. DOJ: Breaking down federal prosecutors' antitrust claimsThe Department of Justice’s antitrust lawsuit against Google (GOOG, GOOGL) — accusing the tech giant of unfairly gaining market dominance through its coercive search engine contracts — enters into its second week. Yahoo Finance Legal Reporter Alexis Keenan joins the Live show to dissect the arguments presented by attorneys on both sides, similarities shared between older tech suits, and ultimately assess what a potential outcome to the case would look like. KeenanThe ongoing case draws comparisons to AT&T’s (T) suit against Google several years ago and the DOJ’s antitrust case made against Microsoft (MSFT) in 2001.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Activision Executives Were Briefed on New Nintendo Switch Last YearActivision Blizzard Inc. executives were briefed on a next-generation console from Nintendo Co. as early as 2022, according to an internal email revealed as part of the US Federal Trade Commission’s probe into Microsoft Corp.’s bid to purchase Activision.
Source: BNNBloomberg - 🏆 83. / 50 Read more »
Verizon Executive Tells Google Judge Company Didn’t Seek Rival Search BidsA Verizon Communications Inc. executive told a judge that when the company recently renegotiated Google’s deal to be the default search engine for customers’ mobile phones, the telecom carrier didn’t bother seeking out alternatives offered by Microsoft Corp. or DuckDuckGo.
Source: BNNBloomberg - 🏆 83. / 50 Read more »