Earnings call transcript: Canadian Utilities posts 16% Q2 2026 earnings gain

European equities finished the week with a generally positive tone, although gains were modest across most major benchmarks. Investor sentiment remained supported despite ongoing uncertainty surrounding central bank policy, global growth, and trade developments. Most of the major indices are near all-time record levels. FTSE MIB (Italy): +0.13% to 52,172.54 Italy outperformed most of the…

India cannot rely on bank balance sheets alone to finance the scale and diversity of investment required to become a developed economy by 2047, said Rohit Jain, deputy governor, Reserve Bank of India (RBI), underscoring the need for deeper corporate bond, foreign exchange and derivatives markets.   “India has traditionally relied on a…

Fisher Brothers is turning to the Israeli bond market to buy out JPMorgan Asset Management’s stake in 605 Third Avenue. The New York-based developer is seeking to raise about $100 million on the Israeli bond market as unsecured bonds. A British Virgin Islands company tied to Fisher Brothers filed a prospectus on the Tel Aviv…

Federal Reserve policymakers voted to hold interest rates steady at the July meeting, with three Federal Open Market Committee members voting against that decision and urging an increase instead, the central bank announced Wednesday. In announcing the 9-3 vote Wednesday afternoon, the Fed released this statement: “The Committee decided to maintain the target range for…

The promoters of boutique luxury developer Notandas Realty have acquired the legacy Villa Wilson bungalow in Mumbai’s upscale Juhu locality for Rs 135 crore, marking the company’s second marquee bungalow acquisition this year as it expands its presence in the city’s ultra-luxury housing market.   The property, located close to actor Amitabh Bachchan’s…

Most investors may not realize it, but venture capital funds, private equity firms, and investment banks are not the only institutions that buy stocks or support start-ups. Corporations can also buy stocks on the open market, and, from time to time, they make strategic investments in private companies. At the close of Nvidia‘s (NVDA -0.03%)…