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22:25
Analysts warn of pricing war risks, Canadian telecom stocks decline
The stock price of a certain exchange fell by 3.4%, while another exchange's stock price dropped slightly by 0.7%. Analysts downgraded the ratings and forecasts for several companies, including this exchange. Although the price reduction measures prompted existing customers to switch operators, they failed to attract new customers to the industry. Analysts described this situation as a "race to the bottom" with no winners.
22:22
Institution: Trump’s Iraq war speech casts a shadow over the oil market, with more than 600 million barrels of oil supply at risk by the end of April
Traders are preparing for a more prolonged conflict, which will intensify the already severe disruption in global energy supplies. "With the conflict expected to last at least until late April, the outlook for crude oil supply is becoming increasingly grim," said Ryan McKay, Senior Commodity Strategist at TD Securities in a client report. By the end of April, the world will lose nearly 1 billion barrels of oil, including 600 million barrels of crude oil and about 350 million barrels of refined products such as jet fuel, diesel, and gasoline. For each month the war drags on, it will cause an additional total supply loss of 450 million barrels. Expand
21:54
According to the latest documents disclosed by the U.S. Securities and Exchange Commission (SEC), Southland Holdings has reached a settlement agreement.
According to the terms of the agreement, the relevant guarantors will make an additional settlement payment of $26.5 million to Clark/Lewis. This payment arrangement is part of the settlement previously reached between the two parties, marking further resolution of the related dispute. The payment will be executed according to the conditions and schedule stipulated in the agreement.
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