Also: Supreme Court’s ruling of life without parole in Alexandre Bissonnette case is having wide effect on sentencing changes
within days, according to a spokesman for the bloc. A police robot vehicle patrols near the crowd that has returned to a mall following the easing of pandemic restrictions in Beijing, Jan. 1, 2023.This is the daily Evening Update newsletter.
If you’re reading this on the web, or it was sent to you as a forward, you can sign up for Evening Update and more than 20 more Globe newslettersKnix founder says sale of a majority stake in her women’s underwear company was vindication of her vision:of the underwear and apparel brand Knix Wear Inc., to Swedish hygiene products giant Essity – a deal that valued the company at roughly $500-million – of what its founder, Joanna Griffiths, had always believed: namely, that period-proof underwear and other products targeted to women’s needs could generate real value.Ottawa promised to bring in at least 40,000 Afghans. So far, 27,215 have arrived. Some who have made it safely to CanadaCIBC to appeal U.S. court decision ordering it to pay $1.16-billion to Cerberus:that could force the lender to pay about $1.16-billion in charges after it was found liable for losses incurred by a New York hedge fund over debt deals related to the 2008 U.S. housing crisis.Ukraine’s President Volodymyr Zelensky said Russia more troops for a major new offensive, even as Moscow was facing some of its biggest internal criticism of the war over a strike that killed scores of fresh conscripts.Travel is surging globally as the world moves past the emergency stage of COVID-19, but the range of tourist destinations isn’t the same as it was prepandemic. Increased geopolitical tensions, economic instability and growing authoritarianismCanada’s main stock index gained almost 150 points on Wednesday, buoyed by strength in the financial and technology sectors despite weakness in energy stocks, while U.S. markets also rose.In New York, the Dow Jones industrial average was up 133.40 points at 33,269.77.The S&P 500 index was up 28.83 points at 3,852.97, while the Nasdaq composite was up 71.78 points at 10,458.76. Oil prices were down again Wednesday, but again the TSX held its ground despite being heavily influenced by energy. The energy index was down 1.67 per cent after sliding almost six per cent on Tuesday, while the finance index was up 1.30 per cent and information technology was up 1.51 per cent. The February crude contract was down US$4.09 at US$72.84 per barrel and the February natural gas contract was up 18 cents at US$4.17 per mmBTU. Oil continues to be sensitive to news coming out of China, as the country’s economic reckoning, which led to higher oil prices late in 2022, is being dampened by rising COVID-19 cases. The Canadian dollar traded for 74.03 cents US compared with 73.22 cents US on Tuesday. The February gold contract was up US$12.90 at US$1,859.00 an ounce and the March copper contract was down three cents at US$3.74 a pound.
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