Why Canadian Banking Profits Are Surging Despite Market Drop Part 2
Why Canadian banking profits are surging despite market drop part 2

Canadian banking profits are surging despite market declines due to interest rate effects economic policy and financial sector stability influenced by the monetary decisions of the Bank of Canada while major banks including Royal Bank of Canada remain highly profitable even under market pressure #CanadianBanks #FinanceNews #MarketUpdate

Photo Credit: Skift
Booking CFO: The AI threat isn’t really a risk at all

In the face of the LLM and agentic threat, Booking Holdings, already the largest travel company on the planet, thinks it can repeatedly grow its top line 8% annually over the "medium term" and earnings per share 15% over the same timespan. And its top line growth forecast for 2026 is even higher.

Dubai Aerospace Enterprise to buy Macquarie AirFinance in $7B deal
Dubai Aerospace Enterprise to buy Macquarie AirFinance in $7B deal

Dubai Aerospace Enterprise said Thursday it has agreed to purchase Macquarie AirFinance in a transaction valued at roughly $7 billion, a move that will create a combined fleet of 1,029 aircraft and position the company among the largest aircraft lessors worldwide. The agreement, which followed a competitive auction process, highlights sustained inv...

Trading information and logo for Berkshire Hathaway is displayed on a screen on the floor of the NYSE in New York
Berkshire CEO Abel assures investors after taking baton from Buffett, with 'fortress-like' balance sheet

By Jonathan Stempel Feb 28 (Reuters) - Berkshire Hathaway's new chief executive Greg Abel moved to put his stamp on the conglomerate with his first annual letter to shareholders on Saturday, pledging to maintain its "fortress-like" balance sheet while upholding the values of his predecessor and mentor, Warren Buffett. Abel, 63, said he would not rush to deploy Berkshire's near-record $373.3

7 financial habits founders should build before they hire a CFO
7 financial habits founders should build before they hire a CFO

You probably did not start your company because you love spreadsheets. You started it because you saw a problem, felt a pull toward freedom, or wanted to build something that mattered. But at some point, every founder has the same uncomfortable realization: if you do not understand your numbers, your numbers will eventually control you. I have watched brilliant, product-obsessed founders lose leverage in fundraising, make panicked layoffs, or...

Ajman Bank to pay $68m in dividend for 2025
Ajman Bank to pay $68m in dividend for 2025

UAE bank Ajman Bank, listed in Dubai, has approved a dividend payment for 2025, amounting to half of the net profit for the year. The bank will pay a total dividend of AED250 million ($68 million), or 9.18 fils per share, for last year, according to a resolution passed at the annual general meeting held […]

Surprisingly, Ukrainian businesses changed addresses more often before the full-scale war than in 2025.
Over 12,000 companies changed address in Ukraine last year

In 2025, 12,197 companies changed their legal address 12,920 times. Such migrations increased 11% over the year, fewer than before the full-scale invasion. The most active movers are wholesale trade companies — almost every third in the list: 3,798 businesses. Second place goes to construction companies (732 companies or 6%). The top five also incl...

warren buffett
Berkshire is sitting on $819 million or more in Google gains — so why won't the new boss talk about it?

Legendary investor Warren Buffett is no longer the CEO of Berkshire Hathaway BRKBRK, but he likely had input or was behind the investments the conglomerate made in 2025. That includes a stake in Magnificent Seven stock Alphabet GOOGL, a position that was unveiled after the third quarter. Berkshire Hathaway Sitting on Alphabet Stock Gains Buffett and Berkshire Hathaway unveiled a 17,846,142 share stake in Alphabet in a 13F for the third quarter,...

How Streamers Stack Up
How the streamers stack up in subscribers, revenue and profits | Analysis

The major Hollywood studios' latest round of quarterly media earnings proved to be extremely eventful for Wall Street as the Warner Bros. Discovery bidding war officially came to a close with Paramount pulling off an underdog win and Netflix pulling out. David Ellison snatched David Zaslav's media giant away from Ted Sarandos and Greg Peters in a massive $110 billion deal, and the combined entity is poised to become a streaming powerhouse with...

A view of the White House after United States and Israel launched strikes on Iran
US government workforce shrunk by 12% since September 2024

By Courtney Rozen WASHINGTON, March 4 (Reuters) - The U.S. government's civilian workforce shrank by 12% between September 2024 and January 2026, according to government data published on Wednesday, reflecting President Donald Trump's efforts to cut government jobs. The cuts were felt across the government, with agencies such as the Treasury Department and Health and Human Services seeing

Dassault CEO warns FCAS could unravel without clear lead role, shares rise
Dassault CEO warns FCAS could unravel without clear lead role, shares rise

Dassault Aviation (DUAVF) shares climbed Wednesday after Chief Executive Eric Trappier warned that the Future Combat Air System, Europe’s flagship next-generation fighter program, could fail unless Airbus (EADSF) (EADSY) eases tensions between the project’s biggest partners. FCAS is a joint effort involving Dassault, Airbus and Spain’s Indra Sistem...

Bank of Cyprus targets 100 per cent profit payout to shareholders by 2027
Bank of Cyprus targets 100 per cent profit payout to shareholders by 2027

The Bank of Cyprus (BoC) on Tuesday outlined updated financial targets and capital allocation plans at an investor presentation. At the same time, GlobalWealth Group PLC announced that the Bank of Cyprus had agreed to invest €6 million in Wealthyhood Ltd, becoming a strategic partner and major shareholder.During its investor update, the Bank of Cyprus provided the latest information on the group’s outlook, financial targets and capital...

Top financial groups activate crisis-response system amid Middle East tension
Top financial groups activate crisis-response system amid Middle East tension

financial firms-emergency system SEOUL, March 2 (Yonhap) -- South Korea's five major financial holding companies said Monday they have activated emergency response systems to support local businesses operating in or exporting to the Middle East, following joint U.S.-Israeli military strikes on Iran. The United States and Israel launched coordinated...

Ads
logo logo

“A next-generation news and blog platform built to share stories that matter.”