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Ex-FTX CEO Sam Bankman-Fried, his parents and senior executives at the bankrupt cryptocurrency firm have purchased at least 19 properties. (Photo: Getty Images)


• Start of the British investigation into mobile browsers from Apple and Google. Britain’s competition watchdog has launched an in-depth investigation into market dominance by Apple and Google’s mobile browsers, months after authorities began considering an investigation.

• Crypto firm Genesis says it has no plans to go bankrupt at this time. Cryptocurrency firm Genesis said on Monday it has no plans to go bankrupt at this time, days after the collapse of cryptocurrency exchange FTX forced it to suspend redemptions from its clients.

• Musk announces delayed return of blue checkmark verification on Twitter. Twitter’s new owner, Elon Musk, announced on Monday that the social media company is postponing the relaunch of its blue hook subscription service, which is a delay from the original timeline for the service’s return to the platform.

• FTX: the ex-CEO and his parents spent US$121 million on real estate in the Bahamas. Ex-FTX CEO Sam Bankman-Fried, his parents and senior executives at the bankrupt cryptocurrency firm have purchased at least 19 properties worth nearly US$121 million in the Bahamas over the past two years, according to official records.

• Medtronic cuts its full-year profit forecast, blames the US dollar. Medtronic lowered its profit forecast for the full year, due to the stronger dollar and a slower-than-expected recovery from supply chain disruptions.


Futures in Canada’s main stock index are slightly ahead as oil prices are ahead after Saudi Arabia announced that OPEC and its allies will maintain previously agreed production cuts and may go further again in order to balance the market. Wall Street futures are showing mixed results as investors are concerned about a possible tightening of containment measures in China due to a rise in COVID cases. European stocks are gaining ground, benefiting from the rise in oil sector stocks after the rout observed the day before. Japanese stocks ended the session higher as the weaker Japanese yen hinted at a brighter outlook for domestic manufacturers. Gold prices are up and the US Dollar retreats after overnight gains. Canadian retail sales data are released today.

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08:30 New Housing Price Index (October): previous -0.1%

8:30 a.m. Retail sales, var. monthly (September): consensus -0.5%, previous 0.7%

08:30 Retail sales, excl. vehicles (September): consensus -0.6%, previous 0.7%


November 22

Food Couche-Tard: Q2 earnings per share forecast of US$0.84

George Weston: Q3 earnings per share forecast of $2.79

OpsensQ4 loss per share forecast of $0.03


11 a.m. Opsens: Q4 earnings conference call


Waterfalls: $0.12 amount

Gildan Activewear: amount of US$0.16

Lassonde Industries: $0.70 amount

Ritchie Bros. Auctioneers: amount of US$0.27

Sagicor Financial Company: amount of US$0.05

Sun Life Financial: $0.72 amount

(All analyst forecasts are based on I/B/E/S data from Refinitiv.)


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