🛢️OPEC+ agrees to a small increase in oil output 🏡Awaiting Vancouver housing data ‼️Robinhood cuts 23% of its workforce Here’s what you need to know today:
it’s raising US$1.5 billion in a debt sale, with proceeds earmarked for acquisitions, among other general corporate purposes.underwriting income due to catastrophe losses in the period. However, analyst John Aiken at Barclays Capital told clients in a note to look past losses related to those extreme events and instead focus on core profit that sailed past the average estimate and the rise in premiums written during the quarter.
Another Dye & Durham takeover could be on the ropes. The Toronto-based consolidator of cloud-based software for professionals said it will “carefully consider its options” after the U.K. competition watchdog sounded an alarm over Dye’s proposed acquisition of TM Group Ltd. That’s a $156-million deal that closed in July 2021.
1000: Ontario Premier Doug Ford makes announcement in Stratford alongside Labour Minister Monte McNaughton
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