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Fintech Regulatory Developments: 2019 Year in Review

McCarthy Tetrault | Ana Badour | Jan 7, 2020 As anticipated in our 2018 year in review, there were significant and notable developments in the Canadian Fintech industry in 2019. The following is a summary of some of the key Fintech developments in 2019 and some noteworthy regulatory developments to keep a watchful eye on

5 years ago

Boeing may have to lower 787 Dreamliner production rate: Air Lease CEO

Boeing Co could be forced to cut production of its bigger 787 Dreamliners to 10 aircraft per month, amid a drought of orders from China, U.S. airplane leasing firm Air Lease Corp Chief Executive Officer John Plueger said on Thursday.



5 years ago

Facebook's Zuckerberg drops annual challenges to focus on longer-term goals

Facebook Inc Chief Executive Officer Mark Zuckerberg said on Thursday he was dropping his annual challenges this year to take a longer-term focus on the decade ahead.



5 years ago

Global stocks scale records, oil dips as investors hail easing of Mideast tensions

Crude oil prices slid and equity markets around the world set new highs on Thursday as investors took on greater risk in a relief rally after the United States and Iran moved to defuse escalating tensions in the Middle East.



5 years ago

Wall Street hits record highs on trade optimism, Apple gains

U.S. stocks hit record highs on Thursday as optimism about a U.S.-China trade deal firmed and as Apple and other market heavyweights posted strong gains.



5 years ago

Lockheed Martin names Steven Walker as chief technology officer

Weapons maker Lockheed Martin Corp on Thursday named Steven Walker as its chief technology officer.



5 years ago

Oil eases as focus shifts from Iran tensions to U.S. crude build

Oil prices retreated further on Thursday, adding to sharp losses in the previous session as the market shifted focus toward rising U.S. crude stocks and away from worries about the conflict between the United States and Iran.



5 years ago

Italian court turns down Vivendi's request to suspend freeze on Mediaset stake

An Italian court has thrown out a request by Vivendi to suspend a ruling forcing it to freeze two-thirds of its stake in Italian broadcaster Mediaset , a court document showed on Thursday.



5 years ago

Fed officials: Trade risks easing may mean bluer sky for 2020

The global trade wars may not be over, but U.S. Federal Reserve officials on Thursday said the economy may have weathered the worst of it as risks begin to ease and businesses adjust to a new trade environment.



5 years ago

Wall Street notches records on trade optimism, Apple gains

U.S. stocks registered record high closes on Thursday as optimism about a U.S.-China trade deal firmed and as Apple and other market heavyweights posted strong gains.



5 years ago

Blackstone raises three-quarters of targeted $4.6 billion life sciences fund

Private equity firm Blackstone Group Inc has secured $3.4 billion from investors for its first fund dedicated to investments in the life sciences sector, targeting $4.6 billion in total, a regulatory filing showed on Thursday.



5 years ago

Facebook tweaks ad policy but still allows political lies in U.S. campaign 2020

Facebook Inc announced limited changes on Thursday to its approach to political ads, including allowing users to turn off certain ad-targeting tools, but defied critics' demands that it bar politicians from using its ads system to spread lies.



5 years ago

Trade risks easing may mean bluer sky for 2020: Fed officials

The global trade wars may not be over, but U.S. Federal Reserve officials on Thursday said the economy may have weathered the worst of it as risks begin to ease and businesses adjust to a new trade environment.



5 years ago

Waymo secures bigger award against workers who went to rival Uber

Alphabet Inc's Waymo said on Thursday that arbitrators had finalized a judgment of $128 million, plus undisclosed legal costs and interest, against two former employees who went to rival Uber Technologies Inc.



5 years ago

Oil prices fall further as threat of Middle East war recedes

Oil prices dropped on Friday extending days of losses as the threat of war in the Middle East, a major oil producing region, receded and investors switched their attention to economic growth prospects and demand for crude.



5 years ago