Small Business Week across Canada is celebrated the third week of October and this year Quinte Business Week will run from October 19-23.
Small and medium sized enterprises (SME’s) make up 99.7 per cent of the companies in Canada and employ close to 90 per cent of all private sector workers. Every year the Business Development Bank of Canada takes a lead role in promoting this event and this year they have themed the whole week “Forging the Way Forward.”
This has been an incredibly difficult year for many businesses as they navigate through the impacts of the COVID-19 global pandemic. The purpose of the week is to highlight the importance of small and medium sized companies to the Canadian and local economies and this year it is more vital than ever. This year in the Quinte Region the three local Chambers of Commerce from Belleville, Prince Edward County and

Read More

ELKO, Nev., Oct. 13, 2020 /PRNewswire/ — U.S. Gold Corp. (NASDAQ: USAU) (the “Company”), a gold exploration and development company, today announced that it has issued a letter to its shareholders outlining the Company’s recent and expected milestones, as it continues to advance its assets and projects.

Recent Company highlights include:

  • Acquisition of Northern Panther Resource Corporation, which provided USAU with the Challis Gold Project in Idaho, additional capital and some key industry shareholders
  • Strengthening of the management team with the appointments of George Bee as President and Eric Alexander as CFO
  • Commencement of the CK Gold Project Pre-Feasibility Study

“This year has been anything but normal with the ongoing upheavals caused by the COVID-19 pandemic, but I’m proud that U.S. Gold Corp. has continued to push forward and advance our portfolio like the CK Gold Project and grow our business with the acquisition of Northern Panther,” stated

Read More
/quality/85/?url=http://media.beam.usnews.com/8e/18165cb880a54b31a3658b3aed8565/tag:reuters.com,2020:newsml_LYNXMPEG9B1NS:12020-10-12T230530Z_1_LYNXMPEG9B1NS_RTROPTP_3_JAPAN-ECONOMY-TANKAN.JPG">

TOKYO (Reuters) – The pessimism hanging over Japan’s manufacturers lifted slightly in October, suggesting businesses were emerging from the coronavirus pandemic’s heavy blow to activity and earnings but at a glacial pace.

Some sub-manufacturing sectors, however, believed conditions would stabilise in the next few months, according to the monthly Reuters Tankan, which tracks the Bank of Japan’s (BOJ) closely watched tankan quarterly survey.

The result underlines the daunting task Prime Minister Yoshihide Suga, who rose to power last month, faces in reviving growth and bringing corporate and consumer sentiment back to levels seen before the COVID-19 crisis.

In the poll of 485 large- and mid-sized companies, in which 251 firms responded on condition of anonymity, many complained about the slow pace of recovery from the economic crisis, reporting weakening orders and capital spending.

“The recovery in manufacturing is delayed,” a manager at a chemicals maker wrote in the survey.

A

Read More

Wall Street registered back-to-back weekly gains with the S&P 500 and Nasdaq Composite Index seeing their best week since July, and the Dow Jones enjoying biggest weekly rise since August.

The optimism came primarily on the back of prospects for another round of fiscal stimulus from Congress. Per Fox Business News, there were “really good” odds of reaching a deal with Democrats in Congress on a new round of coronavirus stimulus for the battered U.S. economy. A report from the Wall Street Journal stated that Treasury Secretary Steven Mnuchin is drafting a proposal worth $1.8 trillion, closer to the $2.2 trillion package proposed by U.S. House Speaker Nancy Pelosi (read: 5 ETFs Rising as ‘Reflation Trade’ Picks Up on Stimulus Hope).

Additionally, growing expectations of a Democratic victory in next month’s presidential election is driving the stocks higher. Market speculators believe that if the Democrats take the White House and

Read More

Business Insider is proud to announce that Blake Chandlee will speak at the inaugural BI Global Trends Festival, a virtual event taking place the week of October 19-23, 2020.

Chandlee is the VP overseeing all of TikTok’s ad partnerships, sales operations, and anything the app does to generate revenue — making him one of the most important people running the company’s US operations today.

The company has been in the spotlight since the Trump administration’s attempts to issue a nationwide ban on the app, which allows users to record short videos synchronized with music. Now, the decision on the ban will be delayed until at least after Election Day 2020.

Chandlee came in at the beginning of 2020 to head up TikTok’s global business solutions, the division working with brands to advertise on the growing platform, Business Insider previously reported. Under Chandlee, TikTok’s ad product offerings have expanded dramatically, to

Read More

As you know, once a month, we look at 29 currencies in search of the evidence of popular delusions and the madness of crowds. The idea is to find anomalies and bullish or bearish divergences that will break the trend, not prolong it. It is a painful exercise, but also highly rewarding.

In order to find the most overbought and oversold currencies, I conduct five econometric studies: over-extension analysis, secular performance analysis, oil correlation review, economic divergence analysis and effective exchange rate study. Additionally, I look at traders’ positioning to understand the psychological state of the market.

Analyzed currency pairs: AUD/USD, EUR/USD, GPB/USD, NZD/USD, USD/CAD, USD/CHF and USD/JPY.

Relevant ETFs (most popular): CROC, OTC:ERO, EUFX, FXA, FXB, FXC, FXE, FXF, FXY and OTC:GBB.

Macro Forces

Before revealing the results, let me first say a few words about the current global market

Read More

DENVER, Oct. 9, 2020 /PRNewswire/ — Today, the Board of Trustees (the “Board”) for the Clough Global Dividend and Income Fund (the “Fund”) has declared a monthly cash distribution of $0.1008 per common share, payable on the dates noted below. The Fund’s managed distribution policy is to set the monthly distribution rate at an amount equal to one twelfth of 10% of the Fund’s adjusted year-ending net asset value per share (“NAV”), which will be the average of the NAVs as of the last five business days of the prior calendar year.

The following dates apply to the distributions declared:

Ex-Date: October 19, 2020
Record Date: October 20, 2020
Payable Date: October 30, 2020

Ex-Date: November 19, 2020
Record Date: November 20, 2020
Payable Date: November 30, 2020

Ex-Date: December 18, 2020
Record Date: December 21, 2020
Payable Date: December 31, 2020

A portion of the distribution may be treated

Read More

Call me crazy, but I’m not convinced that the latest round of talks on a new stimulus package are going as well as they might be.



a traffic light on a city street at night


© James Lawler Duggan/Reuters


Bloomberg:

President Donald Trump and House Speaker Nancy Pelosi questioned each other’s mental faculties, showcasing increasing partisan tensions as Election Day looms.

“The president is, shall we say, in an altered state right now, so I don’t know how to answer for his behavior.,” Pelosi said in an interview on Bloomberg Television Thursday.

The Democratic leader also called Trump’s changing positions this week on whether to let his administration conduct talks on fiscal stimulus “strange.” Trump pulled his team from negotiations Tuesday, prompting Pelosi to suggest to colleagues that day that Trump’s thinking might have been affected by the steroids he’s taken to battle his Covid-19, Bloomberg has reported.

“The disassociation from reality would be funny if it

Read More

  • The next presidential debate between President Donald Trump and Democratic presidential nominee Joe Biden was scrapped, The Wall Street Journal and CNN reported Friday.
  • The Commission on Presidential Debates canceled the upcoming debate, scheduled for October 15, which was changed from an in-person town hall to a virtual meeting, according to reports.
  • The decision was made after Trump and several other people in the White House tested positive for COVID-19 last week.
  • The president said he would not participate in a virtual event and asked that the event be in-person, but the commission denied the request.
  • Visit Business Insider’s homepage for more stories.

The next presidential debate between President Donald Trump and Democratic presidential nominee Joe Biden was scrapped, several news outlets reported Friday.

The Commission on Presidential Debates canceled the upcoming debate, scheduled for Thursday, October 15, which was changed from an in-person town hall to a virtual meeting

Read More

Happy Friday!

The big news of the day was Morgan Stanley announcing plans to acquire investment manager Eaton Vance for $7 billion. We’ve got some great analysis on the news, so no point wasting any more time up here!

If you’re not yet a subscriber, you can sign up here to get your daily dose of the stories dominating banking, business, and big deals.

We are also looking for nominations for our first-ever Rising Stars of Real Estate. Get all the details on how to apply here.

Like the newsletter? Hate the newsletter? Feel free to drop me a line at [email protected] or on Twitter @DanDeFrancesco


James Gorman, the chief executive of Morgan Stanley.

James Gorman, the chief executive of Morgan Stanley.

Joshua Roberts/Reuters


It’s been a big year for Morgan Stanley. 

Less than eight months after announcing plans to acquire discount brokerage E-Trade for $13 billion — and not even a week after closing the deal

Read More