Take-Two Interactive Software Inc (TTWO) lowered its annual bookings forecast on Monday, signaling a deeper struggle faced by videogame publishers to keep gamers glued amid a weakening economy and broader slump in the gaming market.
* Osisko Mining (OBNNF) tanks to the bottom of TSX. * First Quantum slumps as unit suspends operations at port. * S&P/TSX composite index down 0.7% By Shristi Achar A and Shashwat Chauhan.
Canada's main stock index fell at the open on Monday, led by declines in rate-sensitive technology stocks as upbeat U.S. economic data last week sparked fears of further interest rate hikes. At 9:31 a.m. ET, the Toronto Stock Exchange's S&P/TSX composite index was down 82.9 points, or 0.4%, at 20,675.44.
CGI Inc (GIB): * CGI TO PARTNER WITH POLAND ON ITS ENERGY SECTOR TRANSFORMATION THROUGH DELIVERY OF A NEW CENTRAL ENERGY MARKET INFORMATION SYSTEM. * CGI Inc (GIB) - CONTRACT IS VALUED AT CAD$97 MILLION Source text for Eikon: Further company coverage:
Canada's main stock index climbed on Friday, as a jump in oil prices propped up energy stocks, while upbeat corporate earnings also helped keep the index in the green. At 10:27 a.m. ET, the Toronto Stock Exchange's S&P/TSX composite index was up 52.86 points, or 0.25%, at 20,793.3, on track to post its fifth straight weekly gain.
U.S. services industry activity rebounded strongly in January, with new orders recovering and prices paid by businesses for materials continuing to rise at a moderate pace, hopeful signs for the economy as it braces for a possible recession this year. The Institute for Supply Management said on Friday its non-manufacturing PMI increased to 55.2 last month.
The Reserve Bank of India said on Friday that the country's banking system remains resilient and stable, amid concerns about the exposure of lenders to the embattled Adani Group. "Various parameters relating to capital adequacy, asset quality, liquidity, provision coverage and profitability are healthy.
The Reserve Bank of India said the country's banking system remains resilient and stable, amid concerns about the exposure of lenders to the embattled Adani Group. "Various parameters relating to capital adequacy, asset quality, liquidity, provision coverage and profitability are healthy. The RBI added it remains vigilant and continues to monitor the stability of the Indian banking sector.
Industrial production in Brazil ended 2022 with a 0.7% drop on the previous year, government statistics agency IBGE said on Friday, losing some of the gains the sector recorded in 2021 after a pandemic-related downturn.
Chinese hotels and restaurants are seeking employees amid demand recovery in the services sector after the end of Beijing's zero-COVID protocols, with a survey by a leading recruiter showing a surge in job openings in the hospitality industry.
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