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Finance & Markets

Varcoe: High energy prices pushing up inflation, but also spending in Canadian oilpatch

Industry investment levels will be closely watched as companies roll out third-quarter results in the coming days and prepare budgets for the new year

We haven't written up this one. Calgary Herald has the full story — the link below goes straight to it.

Read the original at calgaryherald.com →

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BofA tracks shipping data showing Red Sea transit recovery

Bank of America released its latest shipping and supply chain data tracking report, showing container shipping through the Red Sea has recovered to 65% of normal levels in the past two weeks.

  • Container shipping through Red Sea reaches 65% of pre-pandemic levels
  • Global port congestion drops to 10% of fleet capacity
  • Tanker spot rates fall from recent highs but remain elevated

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