#AFNews – CANADA: Government is creating an infrastructure bank backed by billions in new spending to lure investment from global fund giants such as BlackRock Inc. and breathe new life into their stagnant economy – @AceFinanceNews

#AceFinanceNews – Nov.01: Trudeau Woos Investors With C$35 Billion Infrastructure Bank
// Bloomberg

Prime Minister Justin Trudeaus government is creating an infrastructure bank backed by billions in new spending to lure investment from global fund giants such as BlackRock Inc. and breathe new life into Canadas stagnant economy…..

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#AFNews – CEO Memo to Employees: Thomson Reuters to reduce 2,000 positions across the organization, affecting more than 150 locations across 39 countries – Reuters – @AceFinanceNews

#AceFinanceNews – Nov.01: Majority of job restructuring in Thomson Reuters will be in enterprise, technology and operations group, and financial and risk group; organization sees no reductions in headcount to newsroom, CEO says in memo

Thomson Reuters to reduce 2,000 positions across the organisation, affecting more than 150 locations across 39 countries, CEO says in memo to employees – Reuters

http://reut.rs/2f8Lbsy

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I would remind you that this blog is produced free for the public good and you are welcome to republish or re-use this article or any other material freely anywhere without requesting further permission.

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To keep online information secure, experts recommend keeping your social media accounts private, changing your passwords often, and never answering unsolicited emails or phone calls asking for your personal information. Need help and guidance visit https://acepchelp.wordpress.com and leave a comment or send a private message on Telegram @Aceone31

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#AFNews – ISRAEL: Minister of transportation orders plans drawn for high speed rail extension from Western Wall to Tel Aviv – Ynet News – @AceFinanceNews

#AceFinanceNews – Nov.01: Israeli minister of transportation orders plans drawn for high speed rail extension from Western Wall to Tel Aviv – Ynet News

http://bit.ly/2ePXOKK

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I would remind you that this blog is produced free for the public good and you are welcome to republish or re-use this article or any other material freely anywhere without requesting further permission.

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MARKETS: ASIA: Stronger-than-expected manufacturing data from China underpinned gains in Asian stocks; BoJ holds off on expanding stimulus – @AceFinanceNews

#AceFinanceNews – Nov.01: Premarket: Shares, dollar tread water as U.S. election campaign enters final week Stronger-than-expected manufacturing data from China underpinned gains in Asian stocks; BoJ holds off on expanding stimulus

On Tuesday it was reported that China’s manufacturing sector growing at fastest pace in over 2 years, official data shows – Xinhua

http://bit.ly/2fcnnCC

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#AFNews Report: #Oil hits close to one month low on Monday as agreement with all countries cutting output fades with OPEC desperate to save the petro-dollar: Tuesday Royal Dutch/Shell and BP reported higher than expected earnings, but this was as a result of cutbacks in spending – @AceFinanceNews

#AceFinanceNews – Nov.01: Oil hovers above one-month low, prospects dim for OPEC deal Oil dips on OPEC output-cut concerns, stocks shaky Oil prices fell sharply on Monday to touch a one-month low on doubts about OPEC’s ability to implement its planned production cut, while global equity prices were shaky as Wall Street struggled to build on a sentiment boost from a string of M&A deals.

This follows its largest one-day slide in more than five weeks although analysts said the prospect of a more substantial price recovery was limited as European shares turn lower as BP, Shell head different ways after result (Reuters) – European shares edged lower in choppy trade on Tuesday, set for a seventh straight session of falls …

Tuesday Shell’s earnings beat Exxon as oil majors adapt to low prices

Shell's company logo is pictured at a gas station in ZurichRoyal Dutch/Shell and BP on Tuesday joined peers in reporting higher than expected earnings by making further deep cuts in spending to cope with an #oil price downturn now in its third year.

Shell’s stocks rose by over 3 percent as it announced higher quarterly earnings than arch-rival U.S. Exxon Mobil , the world’s largest listed company by output. Anglo-Dutch Shell is hoping to outgrow Exxon over the next few years after acquiring rival BG for $54 billion earlier this year.

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