Here are five things you need to know this morning.
Soaring Neutral Rate to Hurt Treasuries, Nasdaq, Survey ShowsWhy bonds and GICs are a better fixed-income investment than bond funds: Dale JacksonStrained Markets Face Added Tension as Israel-Hamas War Heats UpRealty Income to Acquire Spirit Realty Capital for $5.
3 BillionPutin Calls Meeting to Discuss Anti-Israel Mob in DagestanDrugmakers Are Set to Pay 23andMe Millions to Access Consumer DNAFrance’s Le Maire Says Europe Lacks Investment to Spur GrowthUAE’s Biggest Chemicals Maker Says Prices Have Bottomed OutChina War Veteran Blasts US as Troublemaker at Top Defense ForumChina’s Top Car Brand BYD Confirms Record Quarterly ProfitEuropean Gas Prices Jump After Egypt Says Imports StoppedSmall Disruption Could Drive Oil to $102, World Bank WarnsFrench...
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Ares Raises $6.5 Billion Credit Fund to Chase Bank Loan SalesAres Management Corp. raised $6.5 billion for its second asset-based credit fund, as it seeks to snap up portfolios from banks that want to sell them to comply with higher capital requirements.
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Ares Raises $6.5 Billion Credit Fund to Chase Bank Loan SalesAres Management has raised a $6.5 billion credit fund to chase bank loan sales, aiming to take advantage of the growing market for distressed debt.
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Ja'Marr Chase's backflip, A.J. Brown's filthy catch top Week 8 of the NFLCanada's Sports Leader
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Air Canada Pilots holds informational picket at YYC Airport over cancelled routesDozens of Air Canada pilots held an informational picket at YYC Airport, as the airline cuts routes.
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Air Canada to Cut Routes Due to Pilot ShortageAir Canada announced it will slash six routes out of Calgary this winter due to an ongoing pilot shortage, threatening the airline's operational stability. The non-stop flights from Calgary to Ottawa, Halifax, Los Angeles, Honolulu, Cancun, and Frankfurt will no longer be in service at the end of October. The shortage of regional pilots is expected to have a prolonged impact on Air Canada's regional network.
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