Grupo Bimbo, the world’s largest bakery company, has announced its results for 2023, showing a stable revenue and a lower operating profit. The company has also revealed its plans for 2024, which include a new strategy, a new structure, and a higher dividend. Grupo Bimbo expects to face a transitional...
Canada’s Mental Health Minister Defends ‘Safer Supply’ Approach to Drug Crisis
Canada’s mental health and addictions minister, Ya’ara Saks, has said that the government’s decision to support prescribing pharmaceutical alternatives to drug users as a way to combat the overdose crisis is based on evidence and compassion, not on stigma and fear. Saks has responded to the criticism and opposition that...
3 Growth Stocks That Could Skyrocket in 2024
The stock market has been on a tear in 2023, with the S&P 500 index reaching new highs. However, some investors may be looking for more growth potential in the next year, especially in the sectors that are poised to benefit from the emerging trends and innovations. Here are three...
Cruise Loses Another Top Executive Amid Robotaxi Crisis
Cruise, the self-driving car subsidiary of General Motors, has faced another setback as its senior vice president for autonomous vehicle platforms, Carl Jenkins, announced his resignation on Thursday. Jenkins was in charge of hardware development for Cruise’s robotaxi fleet, which has been suspended since October after a fatal accident involving...
Loonie falls as rising bond yields boost greenback
The Canadian dollar slipped against its U.S. counterpart on Friday, as higher bond yields in the United States boosted the appeal of the greenback, while domestic data showed a smaller-than-expected increase in wholesale trade. U.S. bond yields surge on inflation expectations The U.S. dollar rose against a basket of major...