Canada markets closed
  • Sports
    The Canadian Press

    Oregon's Sports Bra, a pub for women's sports fans, plans national expansion as interest booms

    PORTLAND, Ore. (AP) — On a recent weeknight at this bar in northeast Portland, fans downed pints and burgers as college women's lacrosse and beach volleyball matches played on big-screen TVs. Memorabilia autographed by female athletes covered the walls, with a painting of U.S. soccer legend Abby Wambach mounted above the chalkboard beer menu. The Sports Bra is a pub where women's sports are celebrated — and the only thing on TV. Packed and buzzing with activity, the bar has successfully tapped i

  • News
    Bloomberg

    UAE’s $35 Billion Egypt Deal Marks Gulf Powers’ Buying Spree

    (Bloomberg Markets) -- On a sweltering late-summer evening last year in southern Egypt, the country’s most storied hotel was bustling once again, hosting personalities with ambitions of shaping the world. In the more than a century since it opened, Aswan’s Old Cataract, perched on a rocky outcrop on the Nile River’s eastern bank, has welcomed the likes of Winston Churchill, Jimmy Carter and Tsar Nicholas II. For Agatha Christie, in whose former suite you can now stay for upwards of $8,000 a nigh

  • Business
    Bloomberg

    Kushner’s Affinity Takes Board Seat at Brazil Fast-Food Operator

    (Bloomberg) -- Jared Kushner’s Affinity Partners joined the board of Brazilian fast-food operator Zamp SA after making an investment of about $200 million earlier this year.Most Read from BloombergPlunging Home Prices, Fleeing Companies: Austin’s Glow Is FadingJavier Milei Fuels Wild Rally That Makes Peso No. 1 in WorldThe Long, Slow Death of Urban NightlifeFed’s Preferred Core Inflation Gauge Rose at Brisk Pace in MarchBillionaire Stephen Ross Believes in South Florida—and Is Spending Big to Tr

  • Business
    Reuters

    China Q1 industrial profits' growth pace stirs doubts about economic recovery

    BEIJING (Reuters) -China's industrial profits fell in March and slowed gains for the quarter compared to the first two months, official data showed on Saturday, raising doubts about the strength of a recovery for the world's second-biggest economy. Cumulative profits of China's industrial firms rose 4.3% to 1.5 trillion yuan ($207.0 billion) in the first quarter from a year earlier, National Bureau of Statistics (NBS) data showed, slower than a 10.2% rise in the first two months. The reading complemented a slew of economic indicators for March such as retail sales and industrial output that pointed to frail domestic demand despite solid first-quarter GDP growth.