CN Rail profits fall alongside container shipment revenue
Canadian National Railway Co. says earnings slid last quarter amid higher labour costs and lower revenue from container shipments.
Canadian National Railway Co. says earnings slid last quarter amid higher labour costs and lower revenue from container shipments.
The London Metal Exchange is imposing new rules surrounding the movement of metal in its warehousing network, taking aim at a lucrative and complex trading opportunity that emerged after the imposition of sanctions on Russian metal earlier this month.
Rubrik Inc., a cloud and data security startup backed by Microsoft Corp., has drawn about 20 times as many orders for its planned initial public offering as there are available shares, people familiar with the situation said.
Cielo SA, the Brazilian payments company controlled by two of the country’s largest lenders, is taking a step toward delisting its stock.
Traders in the US interest-rates market have started to put on wagers that the Federal Reserve will refrain from cutting borrowing costs this year.
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