Click on the video player above on Saturday at 2 p.m. ET to watch Road to the Olympic Games, our weekly program spotlighting the best high-performance athletes from Canada and around the world. On this week's edition of the program, we feature action from the tumbling and trampoline world championships in St. Petersburg, Russia. Let’s […]
Tag: tumbling
The Russian ruble is tumbling
Markets Insider The Russian ruble is weaker on Monday. The petro-currency was down by 0.9% at 58.2712 per dollar at 7:58 a.m. ET. Earlier in the day, oil was under pressure. Prices fell before bouncing back, weighed down by high supplies despite the initiative by major producers to cut output in an effort to tighten the market. […]
Amid outrage and tumbling stocks, Mylan’s chairman pocketed $97M
Enlarge / Robert J. Coury of Mylan (L) and Mylan CEO Heather Bresch attend a benefit in New York City on November 2, 2015. (credit: Getty | Gilbert Carrasquillo) Last year, furor over the skyrocketing price of Mylan’s life-saving EpiPens hit a fever pitch. Lawmakers seethed, parents broke into tears at pharmacy counters, regulators opened […]
The rand is tumbling after S&P cuts South Africa to junk
Markets Insider The S&P cut South Africa to junk, according to Bloomberg. And the South African rand is tumbling. It’s down by 1.9% at 13.6823 per dollar as of 11:39 a.m. ET. The downgrade reflects the agency’s view that the divisions of the ANC-led government that have led to changes in leadership — including the recent […]
The Russian ruble is tumbling as inflation picks up
Markets Insider The Russian ruble is tumbling. The petrocurrency is down by 1% at 58.1678 per dollar as of 8:06 a.m. ET. Earlier, data showed that Russian PPI rose by 12.7% year-over-year in January, marking the highest inflation since November 2015. It followed the 7.4% increase in December. Moreover, Brent crude oil prices, which are down by […]
Treasurys are tumbling after data beats across the board (TBT, TLT)
REUTERS/John Gress The US Treasury market is under pressure on Wednesday following a bunch of better than expected data. CPI, retail sales, and Empire manufacturing all topped estimates, causing sellers to continue their recent attack on the complex. The post-data selling is having the biggest impact on the belly of the curve where yields are […]
