MENG’S DEFENSE TEAM TO ASK CANADIAN COURT TO DELAY UPCOMING HEARINGS

Highlights –

• Meng’s defense team to ask Canadian court to delay upcoming hearings.
• The Huawei CFO’s case lasted more than two years.
• Meng’s upcoming hearing is scheduled to be in the British Columbia Supreme Court on...

FAST RETAILING CO. OPERATING PROFIT IN SEPT.-NOV. 2020 ROSE BY 23.3 PERCENT

Highlights –

• Fast Retailing Co. operating profit in Sept.-Nov. 2020 rose by 23.3 percent.
• The company reported an operating profit of 113.09 billion yen ($1.09 billion).
• The company reported robust sales in Japan and China sold online...

5% cut in the workforce of Bank of Montreal causing reconstructing charges to drop profit

There was a drop reported in the total profit of the Bank of Montreal on Tuesday, caused by severance costs when its workforce of around 5% got cut, causing the shares to go even lower. 

The total income of BMO fell from C$1.7 billion to C$1.19 billion ($894.67 million), or from C$...