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☆ ‘One of the most important innovations in investing’: TMX CEO jumps deeper into ETFs
▼ + stars: | 2024-03-02 | by ( Emily Glass | ) www.cnbc.com time to read: +1 min

The Toronto Stock Exchange's parent company has already completed a major deal this year: its acquisition of ETF education company VettaFi. According to TMX Group CEO John McKenzie, the deal helps expand its exchange-traded fund business globally. McKenzie plans to utilize the VettaFi acquisition to facilitate more ETF creation. "ETF providers can create new products and great solutions so that they can reach a broader investing audience," McKenzie said. TMX's ETF Screener lists 1,264 ETFs and ETF-related funds on the Toronto Stock Exchange as of Friday.

Persons: John McKenzie, McKenzie, CNBC's Organizations: Toronto Stock, TMX, Toronto Stock Exchange Locations: U.S, Canada

☆ Watch now: ETF Edge with TMX Group's CEO on becoming a leader in funds, commodities & bitcoin
▼ + stars: | 2024-02-28 | by ( Bob Pisani | ) www.cnbc.com time to read: 1 min

[The stream is slated to start at 1:00 PM ET. Please refresh the page if you do not see a player above at that time.] CNBC's ETF Edge is dedicated to the fastest-growing trend in investing right now: ETFs. Every Monday, Bob Pisani will be joined by a panel of top market participants to offer educational and actionable advice to help you build your best portfolio.

Persons: Bob Pisani Organizations: Edge

While over the years the pipeline's start date has been moved further back, supply has kept coming. Light synthetic crude from the oil sands, another key Canadian grade, is trading close to its deepest discount since 2020. With Canada exporting around 3.8 million bpd via pipelines, each additional dollar the discount widens amounts to millions in lost revenues for oil companies, analysts say. Conventional oil and gas producers will drill 8% more wells in 2024 to take advantage of greater access to pipelines including Trans Mountain. Rail exports hit 145,000 bpd in September, nearly doubling from May, according to latest data from the Canada Energy Regulator.

Persons: TMX, linefill, WCS, Martin King, It's, Heather Exner, Kevin Birn, Enbridge, James Davis ,, Jesse Jones, Jones, We're, John Zahary, Kent MacDougall, Nia Williams, Stephanie Kelly, Marguerita Choy, Denny Thomas, Simon Webb Organizations: Producers, Canadian, Canada, RBN Energy, Business Council of Canada, U.S ., P, ., Inc, Rail, Canada Energy Regulator, TMX, Altex Energy, Thomson Locations: Asia, British Columbia, Alberta, Canada, U.S . Canada

☆ Trans Mountain faces regulatory hearing on pipeline variance request
▼ + stars: | 2023-11-24 | by ( Nia Williams | ) www.reuters.com time to read: +2 min

The expansion of the Canadian government-owned Trans Mountain oil pipeline advanced to a new construction stage, in Acheson, Alberta, Canada December 3, 2019. REUTERS/Candace Elliott/File Photo Acquire Licensing RightsNov 24 (Reuters) - The Canada Energy Regulator (CER) has ordered the company building the Trans Mountain oil pipeline expansion (TMX) to appear at an oral hearing on Monday, as the regulator weighs whether to approve a variance request from the project. Trans Mountain had asked the regulator to make a decision on the variance request by Nov. 30 to "advance the timely completion" of the expansion project. In September, the CER approved a route deviation request from TMX for a section of pipeline near Kamloops, despite opposition from local Indigenous groups. The CER said no other parties had expressed concern about TMX's latest variance request.

Persons: Candace Elliott, TMX, Nia Williams, Mark Porter, Leslie Adler Organizations: Canadian, REUTERS, Canada Energy Regulator, Trans Mountain Corp, Thomson Locations: Acheson , Alberta, Canada, Hope, Chilliwack, British Columbia, Calgary, Alberta, Coast, Abbotsford, TMX, Kamloops

LSEG Workspace, a financial news and data platform, calculated inventory turnover ratios of 30 major U.S. retailers for Reuters. "I am relatively pessimistic about the holiday season," said Gerald Storch, retail consultant and former Target vice chairman and ex-CEO of Hudson's Bay. Department stores' holiday season is "likely not going to be that strong," said David Swartz, a Morningstar analyst. Reuters Graphics Reuters GraphicsTo be sure, inventory turnover is not the only metric Wall Street investors use to judge retailers' inventory levels. Some are already slashing prices and dangling discounts to clear excess inventory before Black Friday, the start of holiday shopping season.

Persons: King, King of Prussia, Sarah Silbiger, Gerald Storch, Jeff Bornino, David Swartz, Ulta, pare, Jason Benowitz, Joseph Feldman, Jane Hali, Nordstrom, Brian Mulberry, Savyata Mishra, Ananya Mariam Rajesh, Richa Naidu, Siddharth Cavale, Aishwarya Venugopal, Rod Nickel Organizations: REUTERS, Dollar, Walmart, Reuters, North America, Kroger, Department, Morningstar, TJX Companies, Dick's Sporting, Reuters Graphics Reuters, Roosevelt, Telsey Advisory, Research, Associates, Nordstrom, Zacks Investment Management, Thomson Locations: King of, King, King of Prussia , Pennsylvania, U.S, Hudson's, North

☆ ‘I’m Not OK,’ Alaska Airlines Pilot Said Before Allegedly Trying to Disable Engines Midflight
▼ + stars: | 2023-10-24 | by ( Andrew Tangel | Alison Sider | ) www.wsj.com time to read: 1 min

An off-duty Alaska Airlines pilot was arrested on suspicion of attempted murder after he allegedly tried to disable an aircraft’s engines while riding in the cockpit jump seat on a regional flight. Photo: Aubrey Gavello/Local News X/TMX via APFederal authorities suggested psychedelic mushrooms and depression may have played a role in an off-duty Alaska Airlines pilot’s alleged attempt to shut down an airplane’s engines midflight. The details came as federal prosecutors accused Joseph David Emerson on Tuesday of interfering with flight crew members and attendants on a flight last weekend, which eventually landed safely in Portland, Ore.

Persons: Aubrey Gavello, Alaska Airlines pilot’s, Joseph David Emerson Organizations: Alaska Airlines, AP Locations: Portland , Ore

CNN —An off-duty pilot who was riding in the cockpit of an Alaska Airlines flight en route to San Francisco on Sunday is facing dozens of attempted murder charges after he tried to shut down the plane’s engines mid-flight, authorities say. “The fire suppression system consists of a T-handle for each engine; when pulled, a valve in the wing closes to shut off fuel to the engine,” Alaska Airlines said in a statement to CNN. The flight crew detained the suspect and the plane was diverted to Portland International Airport, the Port of Portland said in a statement. After Alaska Airlines acquired Virgin America in 2016, Emerson became a first officer with Alaska and worked about three more years to become a pilot for the airline, according to the airline statement. “Throughout his career, Emerson completed his mandated FAA medical certifications in accordance with regulatory requirements, and at no point were his certifications denied, suspended or revoked,” Alaska Airlines said in a statement.

Persons: Joseph D, Emerson, CNN’s Josh Campbell, Joseph Emerson, “, Mike Karn, LiveATC.net, ”, Aubrey Gavello, ” Gavello, Laura Coates, Alex Wood, Wood, ” Wood, Gavello, “ I’m, Ed Yee, ” Yee Organizations: CNN, Alaska Airlines, Sunday, Port, Portland police, Horizon, Airlines, Embraer, American Airlines, Portland International Airport, FBI, Detention, Federal Aviation Administration, FAA, Hamas, Passengers, Alaska, Alaskan Airlines, Alaska Air Group, Virgin America, Airbus, Boeing, Canadair Regional Jet, Havilland Locations: San Francisco, Portland , Oregon, Portland, Oregon, Everett , Washington, Sunday, Port, Multnomah, Israel, Alaska

☆ Enbridge C$4.6 bln equity sale raises hopes for Canada market revival
▼ + stars: | 2023-09-26 | by ( Maiya Keidan | ) www.reuters.com time to read: +3 min

"I think there is evidence out there that for the right transaction for the right reasons, investors will show up," said François Carrier, co-head of Desjardins Capital Markets. But not many dealmakers are expecting a rush of supply with an uncertain macroeconomic environment still keeping secondary equity markets volatile. The shares dropped well below their first-day high, potentially limiting a comeback in Canadian equity capital raisings and IPOs. "We do not have enough data to declare the IPO market open. Our own view is that we are still 12 to 18 months away from a robust IPO market," he added.

Persons: Dado Ruvic, Carrier, We're, we're, Enbridge's, Jeff Hershenfield, Stikeman Elliott, Stephen Pincus, Goodmans, John McKenzie, Neil Selfe, Maiya, Bernadette Baum Organizations: REUTERS, Rights, Dominion Energy, Desjardins Capital Markets, Arm Holdings, Capital Markets, TMX, Thomson Locations: IPOs, Canada, Unite States, Toronto, Klaviyo, raisings

Its startup could add as much as $2 per barrel to prices paid by U.S. Midwest oil refineries that sit along Canada's existing main oil-export route. "They will be competing for barrels that no longer transit through their region," said a Calgary-based oil trader. That has left Canadian oil producers vulnerable to deep price discounts or "blowouts" whenever pipelines become congested or rupture. The start-up of TMX could add a "buck or two" to the cost of a barrel for Midwest refiners, he estimates. So far this year, over 200,000 bpd of Canadian crude has been re-exported from the U.S. Gulf Coast, up from about 73,000 bpd in 2019, Kpler data showed.

Persons: Rory Johnston, Matt Smith, Smith, Stephanie Kelly, Nia Williams, Laura Sanicola, Marguerita Choy Organizations: U.S ., U.S, BP, Citgo Petroleum, Exxon Mobil, Koch Industries, Flint Hills Resources, Canadian, Energy, Administration, TC, Keystone, refiners, Americas, Thomson Locations: CALGARY, Alberta, Coast, U.S, U.S . Midwest, Gulf Coast, Midwest, Flint, Calgary, Canada, Pacific, U.S . West Coast, Asia, Gulf, China, Kpler

A logo for TMX Group, which operates the Toronto Stock Exchange, is seen after the company announced it was shutting down all markets for the rest of the day after experiencing issues with trading on all its exchange platforms in Toronto, Ontario, Canada April 27, 2018. REUTERS/Chris Helgren/File Phoo Acquire Licensing RightsTORONTO, Sept 13 (Reuters) - Canada's main stock exchange operator, TMX Group, is urging companies seeking to list on its platform to accelerate their plans, a top exchange official said, citing an uncertain economy and next year's U.S. presidential election as factors shrinking the window of opportunity. McPherson said TMX has advised companies seeking to list that the "window of opportunity" for initial public offerings, when it opens, might be a short window of three to six months rather than a year. "There is a pipeline out there that's waiting for the right time to enter the market," McPherson said. In Canada the central bank has raised key interest rate to 22-year high of 5% to fight stubborn inflation.

Persons: Chris Helgren, Dean McPherson, McPherson, TMX, Divya Rajagopal, David Gregorio Our Organizations: TMX Group, Toronto Stock Exchange, REUTERS, Rights, TMX, Mining, Reuters, U.S, TSX, Thomson Locations: Toronto , Ontario, Canada, Ukraine, Russia

☆ Canada's Trans Mountain seeks last-minute route deviation on pipeline expansion
▼ + stars: | 2023-08-23 | by ( ) www.reuters.com time to read: +2 min

OTTAWA, Aug 23 (Reuters) - The Trans Mountain Expansion (TMX) project has asked Canadian regulators for a route deviation on a 1.3-kilometre (0.8 mile)section of pipeline in British Columbia, months before the 600,000 barrel per day project is due to start shipping crude. In the application TMC said it had encountered "significant technical challenges" micro-tunnelling through hard rock formations and requested to instead adjust the pipeline route and use a conventional open trench. Last week the regulator gave TMC until end of day on Wednesday to provide more information on its request. Now that it is nearing completion, the government has approached Indigenous groups looking at buying a stake in the pipeline. "We are confident that the business case for the Trans Mountain pipeline remains solid," he added, when asked whether the government would have to sell the pipeline for less than it cost to build it.

Persons: Justin Trudeau, We're, Trudeau, Prince Edward Island, Ismail Shakil, Steve Scherer, Nia Williams, Bill Berkrot, Sonali Paul Organizations: OTTAWA, Canada Energy Regulator, Canadian, Trans Mountain Corp, TMC, Thomson Locations: British Columbia, Kamloops, Columbia, Burnaby , British Columbia, United States, Charlottetown, Prince, Ottawa

☆ On Maui, a perfect storm of climate, colonialism, and failed emergency systems made the deadliest US wildfire in over a century
▼ + stars: | 2023-08-18 | by ( Maiya Focht | Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +8 min

A deadly wildfire raged through the Hawaiian town of Lahaina, killing at least 111 people, last week. Aerial view shows destroyed homes and buildings near Front Street in Lahaina Town on August 10, 2023. Colonialism: Plantations brought the perfect wildfire fuel, an invasive grassLahaina was once the capital of the indigenous Hawaiian kingdom. Smoke and flames rise in Lahaina, Maui County, Hawaii, U.S., August 8, 2023 in this still image from video obtained from social media. A Mercy Worldwide volunteer makes damage assessment of charred apartment complex in the aftermath of a wildfire in Lahaina, western Maui, Hawaii on August 12, 2023.

Persons: Patrick T, Fallon, Jeff Masters, YUKI IWAMURA, Clay Trauernicht, Erin Hawk, We've, Abby Frazier, PATRICK T, FALLON, Dora, Dora didn't, Judson Jones, Jeff Melichar, didn't, Anne Lopez, Herman Andaya Organizations: Service, Getty, Yale, Washington Post, Plantations, Hawaii Public Radio, University of Hawaii, Maui . Flames, Reuters, Clark University, New York Times, REUTERS, ABC7, Mercy Worldwide Locations: Lahaina, Maui, Lahaina Town, Hawaii, U.S, Maui County, AFP

On Tuesday they first saw flames under half a mile from their home, and when winds picked up, the fire suddenly was in their yard, Mark Stefl told CNN on Wednesday. While there’s enough shelter for an emergency response for a few days, “there’s not enough shelter for long term living,” the governor told CNN. • Hospitals overwhelmed: Hospitals on Maui were overwhelmed with burn patients and people suffering from smoke inhalation, Luke told CNN Wednesday. Fire burned buildings near Dickenson Street in Lahaina, Maui, on Tuesday. “I am told my house is gone, but we are not yet allowed access to West Maui,” he said.

Persons: Maureen Stefl, Mark Stefl, “, ” Mark Stefl, ”, Hurricane Dora, Gov, Sylvia Luke, weren’t, •, Luke, Josh Green, “ there’s, Joe Biden, Green, CNN’s Sara Sidner, Daniel Sullivan, inched, CNN’s Kaitlin Collins, Braintin Stevens, Ed Sniffen, Sniffen, Alan Dicker, ” Richie Olsten, CNN’s Jake Tapper, Alan Dickar, ” Dickar, Jeff Melichar, ” Luke, “ We’re, “ It’s, ” Stefl, Stefl, We’ll Organizations: CNN, they’ve, US Coast Guard, US Navy, • Cell, Hawaii Gov, •, Coast Guard, Hawaii Department of Transportation, Airlines, Southwest, Maui, Gov, Maxar Technologies, Hawaii’s Tourism Authority, Lahaina Heritage Museum, Baldwin Home Museum, Hing Locations: Maui, Lahaina, Hawaii, Wednesday, Alaska, Delta, United, Dickenson, West Maui, ”, India, Hawaii’s, It’s

☆ Trans Mountain pipeline expansion likely to send more Canadian oil to US, not Asia
▼ + stars: | 2023-07-04 | by ( Nia Williams | ) www.reuters.com time to read: +3 min

Western sanctions on Russian crude following its invasion of Ukraine have upended those plans. Canadian barrels will struggle to compete, analysts and traders said. Chinese oil refiners PetroChina (601857.SS) and Sinopec (600028.SS) have bought and processed Canadian heavy crude in the past. Russia's Urals crude produces higher volumes of fuel and is significantly cheaper than heavy Canadian barrels, said one Calgary-based crude trader. "Today every crude in Asia is having a hard time competing with Russian crude," York said.

Persons: crudes, TMX, John Coleman, Wood Mackenzie, Skip York, York, Nia Williams, Florence Tan, David Gregorio Our Organizations: U.S ., Canadian, Sinclair, Puget Sound, U.S . Energy, Administration, Turner, Mason & Company, Reuters, Thomson Locations: U.S . West Coast, Asia, Ukraine, Canada, United States, Russia, Alberta, British, Pacific Coast, North America, China, India, Calgary, Canadian, Iraq, California, York, Moscow, Basra, British Columbia, Singapore

☆ At least one dead, dozens of homes damaged after storms hit US Midwest and South
▼ + stars: | 2023-06-26 | by ( Kanishka Singh | Thomson Reuters | Kanishka Singh Is A Breaking News Reporter For Reuters In Washington Dc | ) www.reuters.com time to read: +2 min

Eric Ford via TMX/via REUTERS /File photoJune 26 (Reuters) - Tornadoes and thunderstorms hit the U.S. Midwest and South on Sunday, leaving dozens of homes damaged and at least one person dead in Indiana, authorities said on Monday. The National Weather Service said multiple tornadoes were reported on Sunday afternoon in central Indiana. Images and footage from local media showed fallen trees had blocked roads and homes were damaged. Emergency shelters were set up in central Indiana for those whose homes were damaged and destroyed. At least one person died and about two dozen people were injured after a tornado hit central Mississippi a few days ago.

Persons: Eric Ford, Cameron Wolf, Wolf, Eric Funkhouser, Kanishka Singh, Ed Osmond Organizations: U.S ., National Weather Service, Emergency, PBS, Fire, NBC News, Thomson Locations: Greenwood , Indiana, U.S, U.S . Midwest, Indiana, Martin County , Indiana, Bargersville, Indianapolis, Mississippi, Texas, Florida, Washington

☆ Texas panhandle town hit by tornado, deaths reported
▼ + stars: | 2023-06-16 | by ( Brad Brooks | ) www.reuters.com time to read: +2 min

[1/4] A tank truck gets partially submerge in water in Perryton as the town gets struck by a tornado, in Texas, U.S. June 15, 2023, in this screengrab obtained from a social media video. ABC's Amarillo affiliate KVII-TV, citing Perryton fire chief Paul Dutcher, reported that at least three people were killed. At least 30 trailer homes were damaged or destroyed in Perryton, KVII-TV reported, and firefighters were still rescuing victims at 6 p.m. It said the town may have been struck by three tornadoes. I am in contact with Mayor Symons and this tragedy is being closely monitored by myself and my whole staff," U.S. Representative Ronny Jackson, a Republican from Texas, said on Twitter.

Persons: Sabrina Devers, Kerry Symons, Paul Dutcher, Debbie Beck, Beck, Jane, Mayor Symons, Ronny Jackson, Greg Abbott, Brad Brooks, Dan Whitcomb, Costas Pitas, Stephen Coates, Simon Cameron, Moore, William Mallard Organizations: REUTERS, U.S, Republican, Twitter . Texas, Thomson Locations: Perryton, Texas, U.S, TMX, REUTERS LUBBOCK , Texas, Amarillo, Oklahoma

☆ Perryton, Texas tornado: 3 people dead and dozens injured after tornado ripped through a town in the Texas Panhandle
▼ + stars: | 2023-06-16 | by ( Aya Elamroussi Dave Alsup Melissa Alonso | Aya Elamroussi | Dave Alsup | ) edition.cnn.com time to read: +4 min

CNN —At least three people were killed and dozens were hospitalized after a tornado ripped through a town in the Texas Panhandle on Thursday afternoon, nearly leveling some buildings and prompting power outages. A view of a damaged site in Perryton as the town gets struck by a tornado in Texas on Thursday in this screengrab obtained from a social media video. Greg Abbott has deployed state emergency resources to “meet urgent life-safety needs in Perryton, Texas,” according to a news release from his office. Sabrina Devers/TMX/ReutersOfficials in Beaver County, Oklahoma, sent fire, law enforcement and EMS units to help, according to the county’s emergency manager Keith Shadden. The sheriff’s office in Hutchinson County — which includes Stinnett — also sent rescue and emergency operations following the “devastating tornado,” according to a Facebook post from the office.

Persons: Paul Dutcher, CNN’s Alisyn, Kelly Judice, ” Judice, Sabrina Devers, ”, Wes Reeves, Greg Abbott, Keith Shadden, —, Judice, “, Brian Emfinger, Emfinger, ” Emfinger, Cole Underwood, there’s, Ronny Jackson Organizations: CNN, Texas Panhandle, Xcel Energy, Texas Gov, Reuters, National Weather Service, NWS Locations: Texas, Perryton, Perryton , Texas, Beaver County , Oklahoma, Stinnett , Texas, Hutchinson County, Oklahoma, Michigan

☆ TMX Group CEO John McKenzie sheds light on Canadian markets and the Toronto Stock Exchange
▼ + stars: | 2023-06-08 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTMX Group CEO John McKenzie sheds light on Canadian markets and the Toronto Stock ExchangeCNBC's Bob Pisani sat down with TMX Group CEO John McKenzie at the Piper Sandler Global Exchange & Fintech Conference to discuss the Toronto Stock Exchange's unique structure, navigating regulatory hurdles when it comes to cannabis and crypto and the future of AI.

Persons: John McKenzie, Bob Pisani, Piper Sandler Organizations: TMX, Toronto Stock Exchange, Piper, Piper Sandler Global, Fintech Conference, Toronto Stock

☆ No harmful chemical levels in air after Shell Texas chemical plant fire, company says
▼ + stars: | 2023-05-06 | by ( ) www.reuters.com time to read: +1 min

[1/2] An olefins unit burns in fire at Shell Deer Park, Texas chemical plant in this screengrab obtained from social media on May 5, 2023, in Deer Park, Texas, U.S. Johnny Walea via TMX/via REUTERSMay 6 (Reuters) - Air monitoring around an extinguished fire at the Shell Plc's (SHEL.L) chemical plant in Deer Park, Texas, showed no harmful levels of chemicals in the air, the company said on Saturday, added that there was no threat to the surrounding community. The fire broke out shortly before 3 p.m. CDT (2000 GMT) on Friday after in an olefins unit at the plant in the Houston suburb. Five people were taken for evaluation of possible injuries due to exposure to burned chemicals, the county sheriff said on Friday. The company on Saturday said in a series of tweets that the fire was extinguished and air monitoring has detected no harmful levels of chemicals. Operations at the refinery continued despite the fire in the chemical plant, sources familiar with the refinery's operations said.

☆ Simulating data in a virtual environment a 'significant change' for retailers, consultancy says
▼ + stars: | 2023-04-26 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSimulating data in a virtual environment a 'significant change' for retailers, consultancy saysTravis Erridge of TMX Global discusses the launch of the TMX Metaverse.

☆ U.S. consumer watchdog fines TitleMax $10 mln for 'illegal' lending
▼ + stars: | 2023-02-24 | by ( ) www.reuters.com time to read: +1 min

Feb 23 (Reuters) - The U.S. consumer watchdog on Thursday fined TitleMax $10 million, saying the Georgia-based title lender illegally made thousands of auto loans to military borrowers over a five-year period, often charging interest rates well above legal limits. The Consumer Financial Protection Bureau said the business, which comprises an array of entities operating under TMX Finance LLC, was a repeat offender. From 2016 to 2021 TitleMax made nearly 2,700 prohibited auto loans to borrowers covered by the Military Lending Act and charged illegal fees on about 15,000 loans, the CFPB said. In its statement, TitleMax said the CFPB's factual and legal allegations were unproven and untrue. It also denied being a repeat offender, saying it had complied with all prior Bureau directions.

☆ Turbulence causes injuries on two flights, prompts U.S. safety board probe
▼ + stars: | 2022-12-19 | by ( ) www.reuters.com time to read: +3 min

Meanwhile, two passengers and three crewmembers on a United Airlines (UAL.O) flight from Rio de Janeiro were injured early on Monday by turbulence en route to Houston, Texas. Medical personnel brought them to a local hospital with "minor injuries," United Airlines said in a statement. It reported that the flight hit turbulence while passing over Cancun, Mexico, citing air traffic radio scanners. Of the 20 people hospitalized after the Hawaiian Airlines flight, 11 were brought to emergency rooms in serious condition, according to Honolulu Emergency Medical Services. Hawaiian Airlines said in its statement on Monday that it was conducting a thorough inspection of the Airbus A330 aircraft before returning it to service.

☆ Supply chains in China will soon be more predictable: TMX
▼ + stars: | 2022-12-16 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSupply chains in China will be more predictable with its gradual reopening: TMXDean Jones of TMX says that with increasing freedom of movement in China, both domestic and supply chains will continue to operate "even in the face of large outbreaks."

☆ TSX tech issue resolved after complete trading halt
▼ + stars: | 2022-11-01 | by ( ) www.reuters.com time to read: 1 min

OTTAWA, Nov 1 (Reuters) - The Toronto Stock Exchange(TSX) said its trading platforms were now running normally after about an hour of technical issues which led to the halt of all equities trading on Tuesday morning. TSX-operator TMX Group posted a tweet about a connection issue with Canada's largest stock exchange at 10:12 local time (1412 GMT). TMX said it experienced a technical issue that impacted client connectivity on its equities markets. The issue was resolved and TSX's trading system status website showed all trading platforms and all related components were functioning normally at 11:20 local time. Reporting by Ismail Shakil in Ottawa and Fergal Smith in Toronto; Editing by Chizu NomiyamaOur Standards: The Thomson Reuters Trust Principles.

☆ Cannabis giant Canopy Growth crafted a complex plan to get into the US and reverse a stock slump. But some analysts say it could backfire.
▼ + stars: | 2022-10-28 | by ( Jeremy Berke | ) www.businessinsider.com time to read: +6 min

It's another consequence of the quasi-legality of the cannabis industry in the US. The Canadian cannabis giant Canopy Growth has long searched for a way to give its stock a much-needed boost. "We continue to have open conversations with the exchanges," Klein said. He added that Canopy's deal could provide a model for other Canadian cannabis companies that want to do business in the US. Jefferies said Nasdaq's objection to Canopy's plan was a key risk and that the rest of the cannabis industry should pay close attention.

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